An overview of the chrome ore and alloy markets in Asia, Europe and the United States on Tuesday June 29 and their latest price moves.China Several major producers in Inner Mongolia stopped offering ferro-chrome in the spot market due to supply tightness amid power restrictions adding to bullish sentiment. Domestic spot ferro-chrome offer prices surged prior to an expected increase in upcoming Jul...Read More

The company successfully raised A$5.2 million at 20c of up to $7 million sought.Read More

Commenting in the bank's Q3 outlook, Hansen said while some economists believe the current boom in commodity prices is cyclical - rather than structural - and that demand is now slowing as creditRead More

Seven creditors have sued a Chinese warehousing and logistics firm to claim a loss of copper concentrate worth 1.073 billion yuan ($166 million), according to several court documents, the latest of which was released on June 23. Dalian Container Terminal Co Ltd (DCTL) allegedly delivered a total 925,000 tonnes of copper concentrates without the consent of the seven companies that had provided cred...Read More

Jun 29, 2021 Guest(s): Trish Regan Founder, Trish Intel Podcast President Biden recently issued a warning to Russia, the state suspected of backing the Colonial Pipeline hackers, that America would retaliate against perpetrators should "critical infrastructures" be attacked via hacking.Whatever his message is intended to convey, investors can expect a rise in cyber threats well into the future,...Read More

The European ferro-titanium and titanium scrap markets may be set to push higher in the coming months after news that Russia will impose an export tax on ferro-alloys between August 1 and December 31 this year, according to industry sources.Europe imported around 1,500 tonnes of ferro-titanium per month on average from Russia in the past three years, including Scandinavia and Turkey, with 1,700-1,...Read More

Here are five Fastmarkets MB stories you might have missed on Tuesday June 29 that are worth another look....Read More

Ferrous scrap prices in Mexico's steelmaking regions of Monterrey and Baj?-o were mostly stable week on week while demand remained high, according to several sources.Few changes were reported during the past week, with prices appearing to stabilize at currently high levels. There were reports of some buyers adjusting their prices upward for some grades in the region near the northeastern Monterrey...Read More

Turkish steel mills picked up their activity in the deep-sea scrap markets with a fresh UK cargo sold at fairly stable prices, market participants said on Tuesday June 29.A steel mill in the Marmara region booked the UK cargo, comprising 25,000 tonnes of HMS 1&2 (80:20), 10,000 tonnes of shredded and 10,000 tonnes of bonus at an average price of $505.50 per tonne cfr. The cargo is scheduled to be...Read More

Base metals prices on both the London Metal Exchange and the Shanghai Futures Exchange were weaker across the board this morning, Tuesday June 29, with the spread of the Covid-19 Delta variant a worrisome development.While lockdowns can hit demand, there is also a risk to supply from mine closures or further logistical delaysBase metalsLME three-month base metals prices were down across the board...Read More

UK-based mineral processing company Green Lithium has secured ?1.6 million ($2.22 million) in seed-round funding to advance its plans to build and operate the first large-scale lithium refinery in the country, it said on Monday June 28.The funds were sourced from a range of high-net-worth individual investors, and the total was more than five times the initial targeted amount, Green Lithium said....Read More

Share this article VANCOUVER - FPX Nickel Corp. [TSXV-FPX] on Tuesday said drilling programs have been launched at the company's wholly-owned Decar nickel district in central British Columbia."This marks the commencement of the most active campaign at Decar since 2012, with a focus on resource confirmation and expansion at the Baptiste deposit plus an initial drill campaign at the Van target, loc...Read More

Lithium carbonate chemical prices must remain in excess of $10 per kg to stimulate the creation of new capacity to match the exponentially growing demand, Wei Xiong, vice president of China's General Lithium, has said.Wei was speaking during a lithium market webinar hosted by investment bank Morgan Stanley on Friday June 25."Demand [for lithium] is very solid," he said, "but supply is flexible and...Read More

Australia-listed Infinity Lithium Corp has entered into a non-binding memorandum of understanding (MOU) for the long-term supply of battery-grade lithium hydroxide with South Korean lithium-ion battery manufacturer LG Energy Solution, the Australian company said on Monday June 28. Under the agreement, the former will supply lithium hydroxide produced from its 75%-owned San Jos?(C) lithium project...Read More

We spoke with Dusko Ljubojevic, Managing Director of Raiden Resources Limited (ASX: RDN), a copper-gold exploration company, in the prolific and underexplored Western Tethyan Metallurgic Belt, in Bulgaria and Serbia. In addition, the Company has recently secured a very large exploration portfolio, in the Pilbara region of Western Australia, where Raiden Resources has a large gold, as well as a nic...Read More

There are as many ways to make money in the market as there are people. Some folks will say stocks move randomly and the best way to win is to buy an index fund - and they may be right.Most hedge funds and mutual funds don't beat the market; they come a percentage or two short. Perhaps this is because they employ conservative bean counters and then tell them not to lose money. If you lose money...Read More

We spoke with Kris Knauer, CEO and Managing Director of Challenger Exploration (ASX: CEL). Their aspiration is to become a globally significant gold producer, with their two projects in South America. The Hualilan Gold Project, located in San Juan Province Argentina, is a near-term development opportunity. It will provide a low risk, high margin source of cashflow, while the Company prepares for a...Read More

Flat steel prices for imports into the United Arab Emirates and Saudi Arabia decreased during the week ended Tuesday June 29, but demand was better because of low stock levels, Fastmarkets was told.Some market participants expected flat steel prices to increase because of Russia's recently proposed export duty.Russia will impose a base 15% export duty on 340 metal products, including hot-rolled co...Read More

Domestic prices for hot-rolled coil in Europe remained stable on Tuesday June 29 with trading activity still limited, sources told Fastmarkets.Buyers have been more cautious about making new deals because they have sufficient stocks for the next few months and delivery times from the EU mills for HRC are reaching late 2021. For downstream coil, several producers said they were now sold out for the...Read More

The INK Canadian Insider Index which tracks mid-cap-oriented stocks has been a top performer so far this year. Oil patch stocks have been driving the index higher. Can the good times continue?Running on a full tank of crudeMeanwhile, our insider of the week is a true believer. All this and more in the latest free Insights newsletter. Read More