Peter_Hannah_Headshot.jpg

Peter Hannah

Senior price development manager

Peter’s core focus is currently on the battery raw materials markets and, in particular, the development of market-based pricing mechanisms for lithium. Peter currently holds the position of senior price development manager, where his responsibilities include working at the interface of external industry stakeholders and internal content teams to ensure that key prices are developed to best serve the needs of markets as they evolve. He has also worked extensively to refine Fastmarkets’ pricing methodology and ensure its effective application in markets of varying maturities.

Peter joined Fastmarkets in 2013 and has since worked on the development of several prominent metals market price benchmarks. While his primary area of expertise to date has been the iron ore market, he has also helped establish widely used indexes in manganese ore, alumina and copper concentrates among others.

After graduating with a degree in Geology from the University of Bristol and a Master’s in Mining Geology from the Camborne School of Mines, Peter spent the first year of his career working as an exploration geologist in Tanzania prior to joining Fastmarkets.

Related articles
Fastmarkets index manager Peter Hannah asks the question, “which lithium prices best reflect market condition?” and explores the value of spot price
Iron ore prices continue to fall in line with production restrictions imposed by the Chinese government. When will it all end?
Following a one-month consultation, Fastmarkets is updating the wording of its Metals & Mining assessment methodologies to provide greater clarity around how its prices are determined.
Fastmarkets’ 62% Fe iron ore fines index just experienced its most volatile week on record: a biggest-ever daily gain of $18.31 on Monday May 10 came before a new high of $237.57 per tonne on May 12, followed by a record daily loss of $28.78 on May 14.
Fastmarkets will, on Friday May 7, launch a new weekly price index for the premium that high-quality 65% Fe blast furnace grade iron ore pellet commands on a spot basis above the 65% Fe Fines index.
Fastmarkets is adjusting the impurity ranges for its 65% Fe iron ore blast furnace pellet index from Friday May 7.
Fastmarkets opened a consultation on January 29, 2020, inviting feedback on its iron ore index methodologies in line with our annual methodology review process.
Fastmarkets is proposing amendments to the specifications of its index for iron ore 65% Fe blast furnace pellet, cfr Qingdao, $/tonne (MBIOI-PT).
Fastmarkets is proposing adjustments to its iron ore index methodologies to increase the transparency and predictability of its process for incorporating “floating price” information.
Fastmarkets is proposing to launch a weekly iron ore pellet premium index to reflect the spot premium that “tier one” pellets achieve to its 65% Fe fines index on a cfr China basis. This would replace its existing implied pellet premium, which would be subsequently discontinued.
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