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.

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Century Aluminum is among those selected to start award negotiations for up to $500 million in Bipartisan Infrastructure Law and Inflation Reduction Act funding to build a new aluminium smelter, the company said on Monday March 25
Participants in the copper concentrates market are struggling to comprehend an “unstoppable” decline in treatment and refinement charges (TC/RCs), with every week bringing spot deals at fresh lows and rumors each “crazier” than the last, sources have told Fastmarkets
The US Department of Energy selected five base metals projects to receive more than $900 million in federal investment from its Industrial Demonstration Program (IDP), leading to a reduction of four million tonnes of carbon dioxide emissions annually, according to a statement by the Department on Monday March 25
Aluminium producer and recycler Constellium announced on Tuesday March 12 that the company is moving to test hydrogen utilization at an industrial scale as a power source in its casthouses
Fastmarkets has corrected its MB-ALU-0002 alumina index, fob Australia and its MB-ALU-0010 alumina inferred index, fob Brazil, which were published incorrectly on Monday March 18.
The publication of Fastmarkets’ US base metals prices were published early during the week of March 11-15 following the daylight saving time change in the US on March 10.