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IN CASE YOU MISSED IT: 5 key stories from February 17

February 18, 2021 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday February 17 that are worth another look.All future new-build vessels to be owned by shipping operator Maersk will have dual-fuel technology installed, allowing either carbon-neutral operations or the use of standard very low sulfur fuel oil...Read More

GLOBAL NICKEL WRAP: US, Europe premiums steady amid Chinese holidays

February 18, 2021 / www.metalbulletin.com

Nickel premiums in the US and Europe were steady in the week to Tuesday February 17, with both markets broadly stagnant against a well-supported LME three-month nickel price, while Asia's absence from the market saw minimal spot activity.Tight briquette supply sees US market seek alternative products US cut cathode sentiment weakens amid 4x4 uptakeEuropean market laments high price amid stati...Read More

BASE METALS WARRANT REPORT 17/02

February 18, 2021 / www.metalbulletin.com

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday February 17.Please click...Read More

IN CASE YOU MISSED IT: 5 key stories from February 17

February 18, 2021 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday February 17 that are worth another look.All future new-build vessels to be owned by shipping operator Maersk will have dual-fuel technology installed, allowing either carbon-neutral operations or the use of standard very low sulfur fuel oil...Read More

Gold forms 'death cross'

February 17, 2021 / www.mining-journal.com

The pattern indicated further losses could be on the horizon, Bloomberg said, adding a stronger dollar and better-than-expected US economic data had diminished the appeal of the metal as a haven.Comex gold for April delivery was down around US$1,775 an ounce and the price was similar on the spot market at the time of writing.Meanwhile gold major Newmont has announced it would increase its quarterl...Read More

IsoEnergy Grants Stock Options

February 17, 2021 / kincommunications.com

Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) announces today that in connection with the appointment of Tim Gabruch as the Company's President and Chief Executive Officer, Mr. Gabruch has been granted 250,000 incentive stock options (the "Options"). The Options are exercisable at a price of $2.44, vest in three equal annual instalments commencing on the grant date and have...Read More

Venzee Appoints Mega Brands Former Founder, President and CEO to the Board

February 17, 2021 / kincommunications.com

Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") is pleased to announce it has appointed Mr. Marc Bertrand to the board of directors, effective immediately.Mr. Bertrand was the founder, President and CEO of Mega Brands, which was acquired by Mattel Brands in 2014 for more than US $450M. MEGA Brands had net sales for fiscal year 2013 of US $405 million, and as...Read More

FinCanna Capital Announces Wholly Owned Green Compliance Inc., Delivers HIPAA Compliant Point-of-Sale Solutions for US Licensed Cannabis Dispensaries and Cultivators

February 17, 2021 / kincommunications.com

Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna") is pleased to provide a product and new feature update on its wholly owned royalty portfolio company Green Compliance Inc. ("Green Compliance") and its ezGreen proprietary software that delivers HIPAA compliant point-of-sale (POS) solutions for licensed cannabis dispensaries and cultivators in the Unite...Read More

Ivanplats progresses financing for Platreef

February 17, 2021 / www.mining-journal.com

Ivanplats has signed a non-binding term sheet with Orion Mine Finance for a $300 million streaming facility, and has appointed Societe Generale and Nedbank as lead arrangers for a $120 million debtRead More

CONSUMER ELECTRONICS MARKET REPORT 17/02: Indium up but complex quiet on Chinese holiday

February 18, 2021 / www.metalbulletin.com

An overview of the consumer electronics markets and their latest price moves.Ewa Manthey...Read More

SPECIALTY STEEL RAW MATERIALS MARKET REPORT 17/02: Ferro-vanadium at new 2-year high on tight prompt supplies

February 18, 2021 / www.metalbulletin.com

An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda...Read More

IN CASE YOU MISSED IT: 5 key stories from February 17

February 18, 2021 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday February 17 that are worth another look.All future new-build vessels to be owned by shipping operator Maersk will have dual-fuel technology installed, allowing either carbon-neutral operations or the use of standard very low sulfur fuel oil...Read More

DAILY STEEL SCRAP: Turkish mills extend silence in deep-sea market to focus on steel sales

February 18, 2021 / www.metalbulletin.com

Turkish steel mills have preferred to focus on steel and billet sales so far this week, rather than resuming their deep-sea scrap purchases, market sources told Fastmarkets on Wednesday February 17.The mills have stayed away from the deep-sea scrap markets since the end of last week, when two Turkish steelmakers booked US cargoes at $410 per tonne cfr on an HMS 1&2 (80:20) basis.The daily scrap in...Read More

TITANIUM SNAPSHOT: Scrap prices hit 8.5-year high on shortage

February 18, 2021 / www.metalbulletin.com

Key data from Fastmarkets' pricing session in Europe on Wednesday February 17. Key drivers Limited supplies of titanium scrap pushed the low tin (Sn 0.5%) content grade price to a high last seen in August 2012, while higher tin content grade (Sn 0.5-2%) reached a high last seen in January 2013.European suppliers are positioning themselves for firmer demand in early March for second-quarter delive...Read More

MORNING VIEW: Metals, broader markets mixed but upbeat, although face headwinds

February 18, 2021 / www.metalbulletin.com

Recovery hopes tied into the rollout of Covid-19 vaccines and some brighter economic data has driven up bond yields that in turn has lifted the dollar, and that seems to be creating some hesitancy in the metals this morning, Wednesday February 17. The US Dollar Index is firmer US 10-year treasury yields have stepped up a gear as recovery is still being priced inAs a barometer, spot gold prices are...Read More

High palladium price helps break fall in Nornickel's 2020 profit

February 18, 2021 / www.metalbulletin.com

Nornickel's annual profit fell by 39% in 2020, despite a 15% increase in its revenues compared with 2019, according to financial results issued by the Russian miner on Tuesday February 16.Nornickel posted a net profit of $3.634 billion for 2020, down from $5.966 billion in 2019.Strong commodity prices, especially that for palladium, helped Nornickel end the year with a better bottom line than at m...Read More

Chile's SQM board approves investment in Mt Holland lithium project

February 18, 2021 / www.metalbulletin.com

The board of Chilean lithium producer Sociedad Quimica y Minera (SQM) has approved the company's investment in the Mount Holland lithium project in Western Australia, it said on Wednesday February 17.The project is a 50/50 joint venture with Australian industrial group Wesfarmers. The project is expected to deliver an initial production capacity of 50,000 tonnes per year of battery-grade lithium h...Read More

IN CASE YOU MISSED IT: 5 key stories from February 17

February 18, 2021 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday February 17 that are worth another look.All future new-build vessels to be owned by shipping operator Maersk will have dual-fuel technology installed, allowing either carbon-neutral operations or the use of standard very low sulfur fuel oil...Read More

NEWSBREAK: Thyssenkrupp ends steel business sale talks with Liberty

February 18, 2021 / www.metalbulletin.com

Thyssenkrupp has terminated sale negotiations for its Steel Europe business to Liberty Steel due to different pricing expectations, Fastmarkets heard on Wednesday February 17."We opened the door for negotiations, but in the end our ideas about the corporate value and the structure of the transaction were far apart. We have therefore decided to end the talks," Dr Klaus Keysberg, chief financial off...Read More

EUROPE HDG: Domestic prices move up on tight supply

February 18, 2021 / www.metalbulletin.com

Domestic prices for hot-dipped galvanized coil increased in Europe over the week to Wednesday February 17, supported by a material shortage, sources have told Fastmarkets.The bullish mood in the market might be undermined, however, by weaker demand from the automotive industry, market sources said.Fastmarkets' weekly price assessment for steel hot-dipped galvanized coil, domestic, exw Northern Eur...Read More

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