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

All prices on the London Metal Exchange except for copper finished the day on June 29 at higher prices than Monday, with lead showing the biggest gains and setting a new year-to-date high, and aluminium up by 2.5%.Copper was the only price to close lower on Tuesday, falling 0.6% to $9,334.50 per tonne from Monday's $9,388 per tonne. The three-month price of lead rose by 3.2% to $2,305 per ton...Read More

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJune 29, 2021 Over time, America’s most accurate deflation-oriented economist has probably been Lacy Hunt... Yet even Lacy is open to the dire hyperinflationary scenario that can happen as a government promotes the use of ever-more debt as a scheme to promote “world leader&rdqu...Read More

Tin demand is likely to exceed 400,000 tonnes per year by 2025, while supplies from greenfield projects and recycled material are not expected to keep pace, leading to a deficit over the next decade, according to the International Tin Association (ITA).At an ITA seminar on Tuesday June 29, delegates heard that tin demand for 2020 was calculated at 355,200 tonnes, with more than 50% being used for...Read More

McClellan Financial Publications, IncPosted Jun 29, 2021Jun 24, 2021Anyone can look at the VIX to get sentiment indications about the stock market.That’s beginner stuff, although still pretty good.The real fun lies in going deeper into data that no one else looks at to find the fun insights. This week’s chart shows the total open interest in VIX futures.VIX futures first traded in 2004...Read More

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