IN CASE YOU MISSED IT: 5 key stories from August 12

Here are five Fastmarkets MB stories you might have missed on Monday August 12 that are worth another look.

The main works at China Hongqiao Group were reported to have suffered from severe flooding caused by Super Typhoon Lekima, Fastmarkets learned, but the company has denied claims that it has been forced to stop production.

Nyrstar’s Port Pirie lead smelter in South Australia has incurred another production setback and its TSL furnace will be closed “for a number of weeks” for repairs, the company confirmed to Fastmarkets.

Peru’s Matarani port remained partially closed on Friday August 9 amid an indefinite strike being carried out in the southern province of Islay, making copper concentrate exports intermittent, according to multiple sources.

Investors are optimistic of the future of Brazilian mining under the new federal government and there should be new opportunities in the industry, Appian Brazil chief executive officer Paulo Castellari told Fastmarkets.

The London Metal Exchange has extended the consultation period on the issue of using electronic closing prices until September 30, 2019.

What to read next
Brazilian aluminium supply coming from Companhia Brasileira de Alumínio (CBA) is said to have tightened, helping to boost the P1020A ingot premium, market participants told Fastmarkets in the two weeks to Wednesday April 24
In anticipation of a tight market, copper concentrate traders have locked in 2025 volumes at notably low treatment charges, with deals being placed well below the long-term industry benchmarks
This move aligns with global demands for sustainability in the mining sector and sets Nexa on a path toward achieving net zero emissions by 2050
Fastmarkets has corrected the pricing rationale for MB-AL-0302 aluminium 6063 extrusion billet premium, ddp North Germany (Ruhr region), $/tonne, which was published incorrectly on Friday April 19. No prices were corrected.
The low-carbon aluminium differential in the US made its first move on Friday April 5 since Fastmarkets launched it five months ago.
Brazil's aluminium industry is further enhancing its sustainability by boosting renewable energy use and recycling, while mitigating risk from high-carbon imports