Seaborne iron ore concentrate and pellet prices increased in the week to Friday July 9, after the return of buying interest in China following the 100-year anniversary of country's communist party, sources told Fastmarkets.Fastmarkets iron ore indicesPellet premium over 65% Fe fines, cfr China: $62 per tonne, unchanged66% Fe concentrate, cfr Qingdao: $245.03 per tonne, up $2.76 per tonne65% Fe bla...Read More

Hot-rolled coil prices across China's domestic market increased on Monday July 12 on improved market sentiment following news late on Friday that China' s central bank would cut the reserve requirement ratio (RRR) for all banks by 50 basis points.DomesticEastern China (Shanghai): 5,780-5,850 yuan ($893-904) per tonne, up by 80 yuan per tonneThe RRR cut by the People's Bank of China, which will tak...Read More

China's domestic rebar prices increased sharply on Monday July 12 following news that the People's Bank of China will cut the reserve ratio requirement (RRR) by 0.5 percentage points from July 15.DomesticEastern China (Shanghai): 5,150-5,200 yuan ($796-803) per tonne, up by 130-150 yuan per tonneThe news that the RRR will be cut pushed rebar futures prices as high as 5,532 yuan per tonne on Monday...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 assessed Cobalt standard grade, in-whs Rotterdam,...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...Read More

China's cobalt sulfate prices continued to gain on support from firm offers from sellers and bullish market sentiment, but many buyers have hesitated in restocking while they wait for a clearer direction in the market, sources told Fastmarkets.Fastmarkets' assessment for cobalt sulfate 20.5% Co basis, exw China rose to 79,000-81,000 yuan ($12,203-12,512) per tonne on Friday July 9, up from 78,000-...Read More

China's tellurium price dropped on July 9 after climbing for around 18 months, according to Fastmarkets' price assessment.Fastmarkets' weekly price assessment for tellurium 99.99% Temin, in-whs China was 575-582 yuan ($88.74-89.82) per kg on Friday July 9, downby 0.3% from $575-585 yuan per kg a week earlier.It marks the first time the tellurium price has fallen since early 2020, when the price wa...Read More

Key data from Fastmarkets' pricing session in China on Friday July 9.Key drivers Silicon spot availability has been less tight with the step-by-step start-up of furnaces in Yunnan province starting in the rainy season, with all furnaces expected...Read More

Key data from Friday July 9 pricing session in Shanghai.Key drivers Sellers reduced their offers in the hope of facilitating sales in a quiet market. Some participants selling imported selenium continue to offer at levels above...Read More

Australia's Vital Metals Limited (ASX: VML) has started rare earth elements production at its Nechalacho project in Canada's Northwest Territories. In doing so, the company helped solidify Canada's role globally as the West works feverishly to establish a new technology metals supply chain independent of China's dominance.The critical production milestone makes Vital the first rare earth producer...Read More

The world is at the start of an exponential upswing in demand for the suite of technology metals as a global top-down push for the energy revolution accelerates, Ryan Castilloux, managing director of Adamas Intelligence, tells The Northern Miner.He says that despite the figures coming off a lower base in 2020 due to the coronavirus pandemic, China and the European Union saw exponential demand grow...Read More

Taseko Mines (TSX: TKO; NYSE: TGB; LSE: TKO) has sold its Harmony gold exploration project on Graham Island, Haida Gwaii, B.C., to JDA Gold, a newly incorporated company controlled by JDS Energy and Mining. Taseko will retain a 15% carried interest in JDS Gold and a 2% net smelter return royalty.Taseko purchased the Harmony project in 2001 and advanced engineering work for it until 2008. The proje...Read More

Vancouver-based junior Alpha Lithium's (TSXV: ALLI; US-OTC; ALLIF) wholly-owned Tolillar salar project in Argentina, about 170 km southeast of the city of Salta, has the potential to be a significant source of lithium products used in lithium-ion batteries for electric vehicles, says Brad Nichol, Alpha Lithium's president and CEO.The company recently produced lab-scale quantities of lithium hydro...Read More

Barrick Gold (TSX: ABX; NYSE: GOLD) says exploration successes could extend the life of its Tongon gold mine in the Ivory Coast.Speaking at a local media briefing, the company's president and CEO, Mark Bristow, said ten years after it went into production, Tongon could get a new lease on life thanks to promising results from near-mine exploration campaigns designed to replace the mine's depleted r...Read More

Proudfoot Global CEO Pamela Hackett talks wrestling chaos with industry leadersSPONSOREDproudfootYandal building on discovery successSPONSOREDyandal resourcesEmerging producer Horizon Minerals eyes mid-tierSPONSOREDhorizon mineralsRumble growing with Earaheedy discoverySPONSOREDrumble resourcesThe fall, if it occurs, will be felt hardest by Russian and South African producers of the metal, a close...Read More

A report by Roskill states that the competition for controlling Li-ion batteries production has intensified globally, with continuous announcements made regarding the build-out of new Li-ion battery plants and/or capacity expansion. A case in point is Nissan's official confirmation in early July that Envision AESC will build a second, 9GWh plant in the United Kingdom. According to the market anal...Read More

The Dow Jones Industrial Average rose 0.24% to finish the week at 34,870.16 and the S&P 500 climbed 0.40% to 4,369.55. Spot gold rose by US$20.60 per oz., or 1.15%, to US$1,807.90 per ounce. Rio Tinto climbed US$2.36 to US$85.99 per share. Rio Tinto and POSCO, South Korea's largest steel producer, have inked a memorandum of understanding to jointly explore, develop, and demonstrate technologies...Read More

The S&P/TSX Composite Index rose 0.16% to 20,257.95 during the July 5-9 trading week. The S&P/TSX Global Mining Index climbed 2.24% to 109.76, and the S&P/TSX Global Base Metals Index jumped 2.43% to 173.35. Spot gold increased by US$20.60 per oz., or 1.15%, to US$1,807.90 per oz., and the S&P/TSX Global Gold Index advanced 0.89% to 299.71.Gatos Silver increased by $1.98 to $24.20 per share. The...Read More

The rally in spot liquefied natural gas (LNG) prices in recent weeks has been framed as being led by robust demand in Asia and in Europe as the northern hemisphere deals with hotter-than-usual temperatures.Read full newsRead More

The website contains the world's largest dataset of minerals such cobalt, lithium and rare earth elements.Read full newsRead More