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Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

January 09, 2021 / www.metalbulletin.com

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 assessed Cobalt standard grade, in-whs Rotterdam, $/lb at 16.70-17.15 on Friday January...Read More

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

January 09, 2021 / www.metalbulletin.com

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 assessed Cobalt alloy grade, in-whs Rotterdam, $/lb at 16.70-17.25 on Friday January 08,...Read More

Trade log: Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end)

January 09, 2021 / www.metalbulletin.com

The Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end) 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 assessed Cobalt hydroxide p...Read More

Trade log: Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne

January 09, 2021 / www.metalbulletin.com

The Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne 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 assessed Cobalt sulfate 20.5% Co...Read More

VIETNAM STEEL SCRAP: Limited spot liquidity ahead of Kanto Tetsugen auction

January 09, 2021 / www.metalbulletin.com

There was limited spot liquidity for ferrous scrap in key import market Vietnam in the week to Friday January 8 ahead of the Kanto Tetsugen auction next week, market sources told Fastmarkets.There was a transaction heard at $460 per tonne cfr Vietnam for a 6,000-tonne Japanese H2 cargo. Such cargoes were offered at $465-470 per tonne...Read More

CHINA STEEL SCRAP: Stifled domestic prices restrict import trades

January 09, 2021 / www.metalbulletin.com

Sluggish Chinese domestic steel scrap prices mean there has been a large gap between bids and offers for imports of steel scrap this week, market sources told Fastmarkets on Friday January 8. Chinese consumers have booked at least four bulk cargoes of Japanese plate and structural (P&S) scrap - which is known as HS in Japan - since China relaxed its scrap import restrictions on December 31. S...Read More

TAIWAN STEEL SCRAP: China's looming presence spurs supply concerns

January 09, 2021 / www.metalbulletin.com

China's looming presence as a new buyer in the Asian seaborne scrap market has sparked concerns of tight supply in the region, including in Taiwan, sources told Fastmarkets this week. Fastmarkets' daily price assessment for containerized cargoes of steel scrap, HMS 1&2 (80:20), US material import, cfr main port Taiwan was $448-450 per tonne on Friday January 8, narrowing upward by $3 per tonne fro...Read More

GLOBAL MANGANESE SNAPSHOT: Alloy strength sends cif China ore price soaring

January 09, 2021 / www.metalbulletin.com

Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday January 8. China  Seaborne prices for both low- and high-grade ore soared after miners successfully raised their February offer prices following recent increases in the portside ore market. Bullishness in the alloy sector and yuan appreciation spurred buyers' purchasing appetite.  Portside...Read More

Brixton Metals Drills 4m of 370 g/t Ag including 1m of 1080 g/t Ag (34 opt Ag)at its Langis Project, Ontario Canada

January 08, 2021 / brixtonmetals.com

January 8, 2020 - Brixton Metals Corporation (TSXV: BBB) (the "Company" or "Brixton") is pleased to announce the second round of drill results from its fall/winter exploration program at the Langis Mine Project located in the Cobalt Camp of Ontario. The assays for this round are from 14 holes totaling 1673.85m of NQ size core. Drill holes follow a fan-type array with depths ranging from 55m to 176...Read More

GLOBAL LITHIUM WRAP: Domestic China carbonate price surges 8% on strong buying

January 09, 2021 / www.metalbulletin.com

China's domestic battery-grade lithium carbonate market hit a 14-month high in the first trading week of the year after the price rose by 8% week on week on Thursday January 7 on soaring offer prices and heightened buying appetite.China's battery-grade lithium carbonate price hit a 14-month high due to continued tight supply and producers hiking up prices further. Chinese industrial-grade lithium...Read More

Torex beats 2020 gold production forecasts

January 08, 2021 / www.northernminer.com

Intermediate miner Torex Gold (TSX: TXG) has released its 2020 operating highlights - last year, the company produced 430,480 gold oz., 130,640 of which were generated in the fourth quarter. The company's EL Limon Guajes mining complex in Mexico beat the revised production guidance of 390,000 to 420,000 gold oz. for 2020."We delivered another solid operational result to close out 2020, a guidance...Read More

Exploration snapshot: Eight companies active in BC, NWT and the Yukon

January 08, 2021 / www.northernminer.com

With a strong outlook for the mining sector and few recent discoveries, companies are turning to low-risk under-explored frontiers in their search for new deposits and future mines. Below, we present eight companies focused on B.C., the Yukon and the Northwest Territories.Ascot ResourcesAscot Resources' Red Mountain project in B.C.'s Golden Triangle. Credit: Ascot Resources.Ascot Resources (TSX: A...Read More

Buchans signs agreement with Boliden to advance Buchans VMS project

January 14, 2021 / www.northernminer.com

Canadian mineral exploration and development company Buchans Resources has entered into a collaboration agreement with Boliden Mineral AB, a European-based mining and metals producer. Under the agreement, Boliden will evaluate Buchans' wholly-owned Buchans volcanogenic massive sulphide (VMS) base metals property in central Newfoundland, 56 km southeast of Deer Lake. The agreement is "a little l...Read More

Copper Mountain reports record Q4 production

January 08, 2021 / www.northernminer.com

After beating its production guidance for 2020 and reporting a record fourth quarter, Copper Mountain Mining (TSX: CMMC) is guiding a further 22% increase in production this year.The B.C.-based miner's 75%-owned Copper Mountain mine, 20 km south of Princeton, B.C., produced 77.6 million lb. of copper last year, compared with guidance of 70 to 75 million lb. copper. The mine also produced 29,227 oz...Read More

Trump moves to loosen mining regulations, approve projects as he exits

January 08, 2021 / reut.rs

Outgoing U.S. President Donald Trump's administration is moving to loosen mining regulations and green light new mineral projects before leaving office this month, with successor Joe Biden unable to reverse some of the changes.Read full newsRead More

Chile threatens legal action to get Albermarle #lithium reserves - Reuters

January 08, 2021 / www.reuters.com

Chilean regulators have threatened Albemarle Corp with legal action, demanding that by week ?s end the world ?s top lithium miner present a plan for turning over data on its reserves of the ultralight battery metal, according to filings obtained by Reuters.Read full newsRead More

Hedge funds raise mining shorts as COVID vaccines seen tamping gold gains

January 08, 2021 / dlvr.it

Hedge funds increased bets against major gold miners, filings reviewed by Reuters showed, as COVID-19 vaccines weakened expectations for the yellow metal after a year of record gains.Read full newsRead More

Hedge funds raise mining shorts as COVID vaccines seen tamping gold gains

January 08, 2021 / dlvr.it

Hedge funds increased bets against major gold miners, filings reviewed by Reuters showed, as COVID-19 vaccines weakened expectations for the yellow metal after a year of record gains.Read full newsRead More

RT @DefenseMetals:

January 08, 2021 / news.financial

The sales figures for all major electric car manufacturers for the full year 2020 are on the table. 100% more e-cars were sold compared to the same period last year. But even more significant for the future is that vehicles with electric motors have overtaken pure combustion engines in new deliveries. The disruptive replacement is in full swing. However, shortages are emerging in the raw materials...Read More

RT @marketheraldCa: EV Battery Tech (CSE:ACDC) unveils Home Smart Wall specs

January 08, 2021 / buff.ly

Extreme Vehicle Battery Technologies (ACDC) has revealed the specifications for the impending launch of its IoniX Pro Home Smart Wall.Read full newsRead More

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