AR3 is seeking $12 million at 30c per share to become one of just two publicly listed pure-play ionic clay rare earth element companies globally, joining Uganda-focused Ionic Rare Earths, within aRead More

Manganese ore stocks at major Chinese ports have declined to a seven-month low amid continuously increased ore consumption among manganese alloy smelters in recent months. Fastmarkets assessed manganese ore inventories at the main Chinese ports of Tianjin and Qinzhou at 5.76 million-5.87 million tonnes on Monday May 17, down by 2.84% from 5.93 million-6.04 million tonnes the previous week and the...Read More

The bulk of China's REE consumption is used as material to manufacture permanent magnets that are used in everything from electric vehicles (EVs) and wind turbines to consumer electronics andRead More

Vancouver, BC - Tribe Property Technologies Inc. (the "Company" or "Tribe") (TSXV: TRBE) will release its first quarter 2021 financial results on Monday, May 31, 2021 after market close. Following the release, the Company will hold a webcast to discuss its performance with the investment community at 5:30 a.m. PT on the next day, June 1, 2021.Related earnings release materials can be found...Read More

Vancouver, BC - Siyata Mobile Inc. (NasdaqCM: SYTA, SYTAW) (the "Company" or "Siyata"), a global vendor of Push-to-Talk over Cellular (PoC) devices and cellular booster systems, announces today that, on May 18, 2021, it received a notice (the "Notice") from the Nasdaq Stock Market LLC ("Nasdaq") indicating that, as a result of not having timely filed its Annual Report on Form 20-F (the "Form 20-F"...Read More

Spot ferro-chrome prices in China rose for the first time since March, with improved demand and sentiment after new power cuts were imposed in Inner Mongolia. Fastmarkets' price assessment for ferro-chrome, spot, 6-8% C, basis 50% Cr, ddp China was 7,300-7,600 yuan ($1,135.62-1,182.29) per tonne on Tuesday May 19, up by 100 yuan (1.4%) from 7,200-7,500 yuan per tonne the preceding week. Prior...Read More

Copper mining workers' unions in Chile support a new royalty proposal waiting to be voted in Senate and will prepare to take potential action in case it is rejected, Felipe Rom??n Briones, president of union federation FMC, told Fastmarkets on Tuesday May 18. According to the union leader, the introduction of a dynamic tax tied to copper prices is an "elegant" way to ensure private mining companie...Read More

Here are five Fastmarkets stories you might have missed on Wednesday May 19 that are worth another look.ArcelorMittal has told some customers that it will be adding another ?,?50 ($73) per tonne to its coil product offer prices in Europe this week, sources told Fastmarkets on Wednesday May 19.Tax...Read More

An overview of the consumer electronics markets and their latest price moves.Ewa Manthey and Dalila Ouerghi...Read More

(Changes headline, adds comment from Teck spokesman, shares)TORONTO, May 18 (Reuters) - Canada's Teck Resources sees little risk of higher taxes in copper powerhouseChile due to a stability agreement that shields the company'smassive Quebrada Blanca Phase 2 copper project from higherlevies for 15 years, Chief Executive Don Lindsay said onTuesday.Chile's lower house this month approved a bill that...Read More

Turkish steel mills resumed booking deep-sea scrap late on Tuesday, resulting in higher prices, sources told Fastmarkets on Wednesday May 19 - the start of a public holiday in the country.The Turkish import market had been quiet since the Eid al-Fitr holiday that began on Wednesday May 12. Monday and Tuesday May 17 and 18 were normal working days, but no bookings were done until late on Tuesday. A...Read More

Prices for steel scrap cargoes exported from Japan rose again during the week to Wednesday May 19 amid a healthy appetite from both South Korea and domestic buyers, market participants told Fastmarkets.The sharp decline in Chinese ferrous futures and spot market prices this week has done nothing to stop the rise of the Japan scrap market, with a further increase in offer prices recorded across all...Read More

Tax stability agreements made between mining companies and the government of Chile are designed to be non-negotiable and are expected to be respected if proposed changes to the country's royalty system are made, the chief executive officer of Teck Resources said.Chile's Senate will this week discuss a proposal recently approved in its lower house to introduce a controversial mining royalty bill th...Read More

The cobalt market has started operating with more efficiency and transparency, which in turn, should make it easier to plan for battery-related demand, panelists said during the Cobalt Institute's annual conference on May 18-19. The cobalt market faces the challenge of bringing sufficient material online to meet demand from the growing battery sector, while simultaneously filtering through varying...Read More

Glencore is to "gradually ramp up" its Mutanda copper-cobalt facility from care and maintenance to 20,000 tonne per year production of cobalt between the second half of 2022 through 2025, according to Ash Lazenby, cobalt trader at Glencore. This adds to comments from head cobalt trader, David Brocas, who had stated on Tuesday May 18 that the mining company would "not hesitate bringing back on...Read More

First Quantum Minerals has entered into a binding agreement to sell a 30% equity interest in the Ravensthorpe nickel-cobalt operation in Western Australia to South Korean steelmaker Posco for $240 million in cash, the company said on May 19.The Vancouver, Canada-headquartered company will retain a 70% interest in Ravensthorpe and continue to be the operator.Posco and First Quantum have also agreed...Read More

Here are five Fastmarkets stories you might have missed on Wednesday May 19 that are worth another look.ArcelorMittal has told some customers that it will be adding another ?,?50 ($73) per tonne to its coil product offer prices in Europe this week, sources told Fastmarkets on Wednesday May 19.Tax...Read More

Share this articleMONTR??AL - Nouveau Monde Graphite Inc. (TSXV: NOU, OTCQX: NMGRF, FSE: NM9) reported that it has received approval for the listing of its common shares on the New York Stock Exchange. The Company expects its common shares will open for trading on the NYSE on May 24, 2021, under the symbol "NMG".Arne H Frandsen, Chairman of Nouveau Monde, commented: "An extraordinary journey has...Read More

Domestic prices for European heavy steel plate increased further in the week to Wednesday May 19, supported by good demand, sources told Fastmarkets.In addition, market sources said that lead times from domestic suppliers have been getting longer. German mills have already started trading October-December rolling plate, while Italian re-rollers have been offering July production."Demand is very go...Read More

One of the most important trading lessons you'll ever learn is timing.I've told you this countless times over the last 15 years, and that fact rings just as true today as it ever has.Think back on any successful trade you've ever made, every gain you've ever pocketed. At some point, you looked at the market and told yourself you were ready to take your winnings off the table.After all, one of the...Read More