This week’s multiple announcements by the majority state-owned Saudi Arabian mining company Ma’aden that it was acquiring shares of aluminium producers in the region shows that the Middle Eastern aluminium industry has matured, according to Fastmarkets analyst Andy Farida

Fastmarkets will launch a monthly price assessment for graphite flake 94% C, -100 mesh, cif US ports, $/tonne on Thursday October 3.

Ahead of LME Week 2024, the exchange's CEO, Matthew Chamberlain, sat down with Andrea Hotter for Fast Forward podcast to talk about the exchange's role in facilitating responsible sourcing and transparency along the metals supply chain

The price of standard-grade cobalt has fallen to its lowest so far this year in the week ending Friday September 20, on slow demand and continued oversupply.

Sales of Argentine soybeans, corn and wheat for the 2023/24 marketing year fell in the week to September 11, according to data released by Argentina’s agriculture secretariat on Wednesday September 18

Investing in scrap processing capacity will be a key factor for the aluminium industries in Europe and North America in securing enough suitable scrap to decarbonize their primary alloys, industry sources said at Fastmarkets’ International Aluminium conference in Athens, Greece.

China is working ways to boost the national carbon trading market liquidity by including more industrial firms from the steel, cement and electrolytic aluminum sectors to participate, as well as restarting the voluntary greenhouse gas (GHG) emissions reduction trading, sources told Fastmarkets.

Fastmarkets has amended the minimum accepted lithium content and minimum accepted tonnage of its MB-LI-0012 spodumene min 6% Li2O, spot price, cif China and its MB-LI-0043 spodumene min 6% Li2O, contract price, cif China.

The US Renewable Fuels Association has urged the EPA to update its investigation into foreign feedstock imports and implement stricter verification requirements for used cooking oil and tallow.

“Demand is weaker than expected. If they are taking unplanned downtime, they face a new situation, customers are not taking as much volume [as estimated],” one buyer said.