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Trump’s order to boost critical mineral production draws praise and some concerns
The United States is taking steps to strengthen its critical mineral supply. This move focuses on boosting domestic production, improving supply chains, and addressing regulatory challenges. These efforts aim to enhance economic growth and reinforce national security.
April 1, 2025
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By Grace Asenov
Insights
Delay to base metal rand fixing prices
A second pricing notice will follow when the pricing database has been updated. The following prices have been affected by this:MB-AL-0256 Aluminium fixing price for LME trade, rand/tonne MB-CU-0338 Copper fixing price for LME trade, rand/tonne MB-PB-0064 Lead fixing price for LME trade, rand/tonne MB-NI-0093 Nickel fixing price for LME trade, rand/tonne MB-SN-0005 Tin rand fixing price for LME trade, […]
March 13, 2025
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Insights
Uncertainty surrounding US, Russia and Ukraine relations
The US-Ukraine mineral partnership deal has stalled due to security concerns, leaving future negotiations uncertain despite Ukraine's critical role in global mineral supplies. Meanwhile, President Trump has imposed tariffs on Canada, Mexico, and China and launched a copper import investigation to address national security risks and reduce reliance on foreign resources.
March 6, 2025
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By Amy Bennett
Insights
Trump’s tariffs on Canada and Mexico rile up the US metals sector
Trump’s tariffs on Canadian and Mexican metals have introduced significant instability to the U.S. metals sector. The 25% tariffs, coupled with retaliatory measures from Canada and Mexico, have fuelled price volatility, supply chain disruptions, and operational uncertainty across multiple industries. These trade policies are reshaping global market dynamics as stakeholders brace for long-term impacts on steel, aluminium, copper, and other metal commodities.
March 5, 2025
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By Mark Burgess, Amy Hinton, Kirstyn Petras, Dan Hilliard, Rae Boyadjis, the Fastmarkets team
Insights
DRC imposes export suspension on cobalt
The Democratic Republic of Congo (DRC) has moved to impose a suspension on exports of cobalt for four months due to the low-price environment at the start of the year, according to documents seen by Fastmarkets and sources close to the situation.
February 24, 2025
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By Alexander Cook, Sahil Shaw
Insights
Argentina’s Mendoza province open to mining and will build country’s first new copper mine since 1997
Argentina produces just 4,000 tonnes per year (tpy) of copper, while its neighbour Chile mines 5.5million tpy of the red metal every year. But the problem, Cornejo says, isn’t a lack of copper. “Our province borders Chile, and we share the copper-rich Andes with that country,” he said. “In fact, Chile’s best mining projects sit […]
February 18, 2025
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Insights
Correction to copper grade A cathode ER premium, bonded in-whs Shanghai assessment
The price was initially published as $60-70 per tonne and has since been corrected to $60-68 per tonne. Fastmarkets’ pricing database has been updated to reflect this change. The price rationale was correct. For more information or to provide feedback on this correction notice or if you would like to provide price information by becoming a data […]
February 17, 2025
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By Shiyue Zhao
Insights
Cobre Panama gives no reprieve to copper smelters | Hotter Commodities
Copper smelters struggling with record low treatment and refining charges (TCs/RCs) won’t be able to look to the Cobre Panama mine to ease market tightness any time soon.
February 14, 2025
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By Andrea Hotter
Insights
A guide to copper scrap prices and global market trends in 2025
This guide explores current price trends, breaks down the key copper scrap grades and provides a global outlook for 2025.
February 11, 2025
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By Fastmarket team, Carman Chew, Kirstyn Petras, Andrew Cole
Insights
DeepSeek, data centers and copper demand | Hotter Commodities
There’s broad agreement that DeepSeek has upended the artificial intelligence (AI) sector by developing a cutting-edge large language model that uses less computational power, but whether improved AI efficiency cuts demand for copper in the data centers used to power it is a matter of debate.
February 6, 2025
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By Andrea Hotter
Insights
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