Chinese customs has suspended the publication of trade data for some key metal products including refined zinc, lead, nickel and copper raw materials such as scrap and concentrates, sources said. Chinese research analysts, whose work depends upon trade data from the world's top metal producing and consuming country, told Metal Bulletin they have been only granted very limited access to trade data...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Bob Moriarty ArchivesJun 22, 2018On June 17th, 2018 an Australian company named South32 (ASX:S32) agreed to buy the remaining 83% of shares in Arizona Mining (AZ-V) in a deal that values all of Arizona Mining at $2.1 billion Canadian pesos. The fully funded price is an all cash offer.When they read about the proposed takeover, the management of ZincX all smiled. Now they know what an all cash offe...Read More
European import prices for austenitic alloy steel scrap narrowed slightly higher this week, with sources noting limited supply, however, the market is largely stable, with participants awaiting the third-quarter ferro-chrome benchmark settlement.Expectations for the ferro-chrome benchmark - a significant driver of steel scrap prices - had previously been for a substantial decrease amid weak spot p...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Chinese customs has suspended the publication of trade data for some key metal products including refined zinc, lead, nickel and copper raw materials such as scrap and concentrates, sources said. Chinese research analysts, whose work depends upon trade data from the world's top metal producing and consuming country, told Metal Bulletin they have been only granted very limited access to trade data...Read More
Pasar copper smelter in the Philippines is expected to operate at a reduced capacity during the second half of the year while the company makes repairs to its sulfuric acid cooling plant, Metal Bulletin has learned. Pasar, which is 78% owned by Swiss miner-trader Glencore, halted output in January due to a failure in the smelter's sulfuric acid cooling plant. Despite restarting in February, t...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Germany's BRAIN AG and CyPlus GmbH say new "green mining" bioagents able to enhance gold and silver recoveries could be in commercial use next year.Staff reporter Germany's BRAIN AG and Cyplus have collaborated on new bio-mineral recovery process research22 JUNE 201822/06/2018commentsshareChemical makers BRAIN and CyPlus said this week scaled up (from 100 litres to one tonne) testing of "marke...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
Major CIMIC Group mining business unit Thiess has won a A$225 million contract with BHP Nickel West.Staff reporter22 JUNE 201822/06/2018commentsshareThe 34-month contract is for a further cutback at the Rocky's Reward pit and work at a satellite pit.The scope included mine planning and engineering, drill and blast, mining of overburden and ore, and rehandling services to the Leinster processing fa...Read More
Turkey's ferrous scrap import market remained quiet on Friday June 22 ahead of the outcome of the Turkish general election on Sunday. Market activity briefly picked up on Tuesday and Wednesday this week, with four deep-sea cargoes booked after a slow start to the week following a public holiday in Turkey to celebrate Eid on Friday last week. But activity waned again in the days before the election...Read More
Australian-headquartered mining contractor MACA (ASX: MLD) has terminated its first international venture 18 months early after agreeing with Beadell Resources to end services at the Tucano gold mine in Brazil.Staff reporterContract miner MACA has terminated a four-year contract at Tucano in Brazil, 18 months early22 JUNE 201822/06/2018commentsshareRESOURCEStocks Q&A: Australian Mines' Ben...Read More
The ATAC Resources team. From Left to right: Doug Goss, Chairman, Julia Lane, VP, Exploration, Ian Talbot, COO, Ed Cope, Technical Advisor, and Graham Downs, President & CEO. Source: ATAC Resources Ltd.ATAC Resources Ltd. [ATC-TSXV] has released a maiden mineral resource estimate for its Osiris Project at the Rackla gold property 55 km northeast of Keno City, Yukon. The Osiris Project is 100%...Read More
Comex copper prices continued their downtrend on the last trading day of the week despite the dollar softening. Copper for July settlement on the Comex division of the New York Mercantile Exchange dipped 0.10 cents or 0.1% to $3.0205 per lb. The contract is now on a seven-day losing streak. "We have a bullish outlook on copper. We have a hypothetical long position in copper that we initiated at th...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
China's domestic spot battery-grade lithium hydroxide prices fell on Thursday June 21 following the recent downtrend in the lithium carbonate market as well as because of quiet buying activity among downstream consumers. Lithium hydroxide prices fell on lower offers and deals. Lithium carbonate prices stable in China due to slow market activity. Downstream consumers held off from buying in anticip...Read More
In a market dominated by battery electric vehicles, hydrogen fuel cell technology continues to make some headway.Earlier this week, Hyundai announced that it had reached an agreement with Audi to collaborate on hydrogen car technology.Under the terms of the new agreement, the two companies will share intellectual property and components in an effort to bring down costs to make the technology profi...Read More
India is proposing increases for import duties on 30 products from the United States including certain steel goods, in a tit-for-tat move against the latter's Section 232 tariffs on steel and aluminum.Flat-rolled coated steel, stainless hot-rolled steel coil, grain-oriented electrical steel, steel spring and several other structural and construction steel products will be subject to a 15% increase...Read More
China's domestic hot-rolled coil prices retreated slightly on Friday June 22 after trading activity fell due to bad weather.DomesticEastern China (Shanghai): 4,260-4,280 yuan ($656-659) per tonne, down 10 yuan per tonneNorthern China (Tianjin): 4,200-4,220 yuan per tonne, down 20 yuan per tonne Although the rainy season for many parts of the country began earlier this week, the effect it had on th...Read More