Seaborne coking coal prices slightly increased in the cfr market amid positive market sentiment and inched down in the fob market due to weak procurement and speculative buying on Monday June 4, sources said.Fastmarkets indicesPremium hard coking coal, fob DBCT: $164.86 per tonne, down by $0.91 per tonnePremium hard coking coal, cfr Jingtang: $282.87 per tonne, up by $0.83 per tonneHard coking coa...Read More
Iron ore prices fell on Monday June 7, following the downtrend in steel prices amid weak steel demand during the rainy season in China.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $202.42 per tonne, down $4.93 per tonne62% Fe low-alumina fines, cfr Qingdao: $204.18 per tonne, down $5.02 per tonne58% Fe fines high-grade premium, cfr Qingdao: $176.99 per tonne, down $4.41 per tonne65% Fe B...Read More
China imported 89.79 million tonnes of iron ore in May, up by 3.17% from 87.03 million tonnes a year earlier, according to Chinese customs data released on Monday June 7. Last month's volumes were down by 8.91% from the 98.57 million tonnes of iron ore that China imported in April. Iron ore prices were highly volatile in May. Fastmarkets' price index for iron ore 62% Fe fines, cfr Qingdao...Read More
Prices for seaborne iron ore pellets and concentrate rebounded in the week ended Friday June 4 following an uptrend in the futures market despite limited liquidity.Fastmarkets iron ore indicesIron ore pellet premium over 65% Fe fines, cfr China: $60.80 per tonne, down $0.20 per tonne. 65% Fe blast furnace pellet, cfr Qingdao: $290.99 per tonne, up $11.17 per tonne.66% Fe concentrate, cfr Qingdao:...Read More
China's domestic hot-rolled coil prices tumbled on Monday June 7, the first working day of the week, following the release of data showing a big drop in exports in May.DomesticEastern China (Shanghai): 5,500-5,510 yuan ($859-861) per tonne, down by 80-120 yuan per tonne.The latest customs data shows that the country's steel exports fell by a third last month in comparison with April, following the...Read More
China's domestic rebar prices dropped on Monday June 7 on falling futures, albeit at a much smaller amount amid the emergence of more steelmaking restrictions in the country's production hub of Tangshan in the northern region.DomesticEastern China (Shanghai): 5,000-5,030 yuan ($782-786) per tonne, down by 30 yuan per tonneRerolling mills in Tangshan's Fengrun district have been ordered to cut prod...Read More
Key data from the Friday June 4 pricing session in London and China.Key drivers Cobalt hydroxide payables widened down, with some suppliers reporting that buyers would not pay at the top of the range. Buyers have been resisting higher offers for some weeks, without...Read More
The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets...Read More
The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets...Read More
Belgian battery-materials manufacturer Umicore has appointed Mathias Miedreich chief executive officer to succeed Marc Grynberg, with the appointment to take effect in the fourth quarter of 2021, the company said on Monday June 7.Grynberg and Miedreich will work together to achieve a smooth transition, the company said.Miedreich has worked at Faurecia, a global automotive supplier with a strong fo...Read More
Key data from Fastmarkets' pricing session in China on Friday June 4.Key drivers Spot availability has tightened amid higher demand and lower supply due to the booming steel industry and some major producers putting their facilities under...Read More
China's domestic magnesium price increased sharply after authorities in Zhongwei - a key ferro-alloy production hub in Ningxia Hui Autonomous Region - issued a production cut notice due to high energy-consuming enterprises on Thursday June 3.Fastmarkets' weekly price assessment for magnesium 99.9%, exw China was 18,300-19,000 yuan ($2,861.07-2,970.51) per tonne on Friday June 4, an increase of 300...Read More
Key data from Fastmarkets' pricing session in China on FridayJune 4.Key drivers The China silicon price narrowed slightly down following a correction to the previous price rally, but overall sentiment remains positive...Read More
The Indian silico-manganese export price moved up for the fourth week in a row on Friday June 4, extending its longer-term rally since February 12 on renewed steelmaker demand and tight availability. Fastmarkets assessed the silico-manganese, 65% Mn min, min 16% Si, fob India price at $1,400-1,430 per tonne on Friday, up by about 3.3% from $1,360-1,380 per tonne week on week. The price is at...Read More
With copper's key role in the transition to greener forms of energy to fight climate change, along with soaring prices for the metal, companies are accelerating their work plans at copper projects around the world. We profile eight companies with copper projects.ASCENDANT RESOURCESAscendant Resources (TSX: ASND; US-OTC: ASDRF) is focused on the exploration and development of the Lagoa Salgada volc...Read More
Drilling at Nighthawk Gold's (TSXV: NHK) 930-sq.-km Indin Lake gold project, 200 km north of Yellowknife, has extended mineralization at the Grizzly Bear deposit ahead of a resource update expected later this year.Nighthawk released results of 18 holes totalling 4,048 metres drilled at Grizzly Bear. The shallow holes, limited to 200 metres depth, targeted mineralization extensions to the north and...Read More
Serbia's President, Aleksandar Vucic, may seek voter approval for Rio Tinto's (NYSE: RIO; LSE: RIO; ASX: RIO) Jadar lithium project near the city of Loznica, in western Serbia, as community opposition grows.Speaking on local TV today, Vucic said the government fully supports the project, which could become Serbia's second largest export earner once developed. He also said his administration won'...Read More
Researchers at King Abdullah University of Science and Technology, a private research university in Saudi Arabia, have developed what they believe is an economically viable system to extract high-purity lithium from seawater.Previous efforts to tease lithium from the mixture the metal makes together with sodium, magnesium and potassium in seawater yielded very little. Although the liquid contains...Read More
Great Panther Mining is a precious metals miner in the AmericasSPONSOREDgreat pantherStellar metrics just the start for near-term developer Theta GoldSPONSOREDtheta gold minesPAM puts itself in the middle of Thailand 4.0SPONSOREDThe future economy is looking greenSPONSOREDlomiko metals incThe first hint that doubts are developing about the longevity of boom conditions emerged last month, soon afte...Read More
Vancouver, British Columbia--(Newsfile Corp. - June 4, 2021) - Casa Minerals Inc. (TSXV: CASA) (OTC Pink: CASXF) (FSE: 0CM) (the 'Company' or 'Cas...Read full newsRead More