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North American aluminium industry needs $60 billion investment to reach net zero by 2050: Aluminum Association
To reach the International Energy Agency’s (IEA) net zero by 2050 goals, the North American aluminium industry needs around $60 billion in private and public investment, according to a May 29 report by the Aluminum Association and the environmental consulting firm ICF
June 3, 2024
·
By Yasemin Esmen
Insights
Energy storage systems: five things you need to know about the market
Read the key takeaways from our recent pricing and hedging strategies for energy storage stakeholders webinar, with insights from experts including Fastmarkets' own David Becker, Phoebe O'Hara and Renato Rostas
June 3, 2024
·
By the Fastmarkets team
Insights
Amendment to Fastmarkets’ 37% manganese ore indices
After a consultation period which ended on Monday May 27, Fastmarkets has amended the chemical specifications and names of three 37% manganese ore price indices.
May 31, 2024
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By Holly Chant, Tina Tong
Insights
China lithium spot prices inch down
Spot lithium prices in China inched down over the week to Thursday May 30 amid ongoing limited appetite for spot materials and bearish sentiment on near-term demand, sources told Fastmarkets
May 31, 2024
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By Zihao Li, Grace Asenov
Insights
Early publication of vanadium price assessments
Publication of Fastmarkets’ price assessments for four vanadium-related products was made on Thursday May 30 earlier than 2pm UK time, stipulated in the methodology, due to a procedural lapse. Fastmarkets’ pricing database has been updated.
May 30, 2024
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By Jessica Zong
Insights
BHP shuts up, for now | Hotter Commodities
In line with the UK takeover regime’s "put up or shut up" rule, BHP, on May 29, opted for the latter and abandoned its goal of acquiring Anglo American – at least, for now.
May 30, 2024
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By Andrea Hotter
Insights
Major Indian steel conglomerates to raise scrap intake amid decarbonization push
The push toward decarbonization will dramatically increase the demand for ferrous scrap materials among major Indian steel producers in the coming years, Zain Nathani, vice president of the Material Recycling Association of India (MRAI), has said in a Fastmarkets webinar
May 30, 2024
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By Lee Allen, Aameer Sayed
Insights
Hydro working on three major decarbonization projects under new CEO
Norway-based aluminium producer Hydro has several plans for decreasing its carbon footprint, new chief executive officer Eivind Kallevik told Fastmarkets on Tuesday May 28.
May 30, 2024
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By Yasemin Esmen
Insights
High gold and silver-contained concentrates shine on stronger precious prices, sources say
Prices of gold and silver have surged so far in 2024, leading to more popularity for copper, zinc and lead concentrate containing higher levels of these precious metal to profit from the rising value of the byproduct, Fastmarkets has learned.
May 30, 2024
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By Sally Zhang
Insights
BHP’s bid for Anglo American fails but can high copper price increase supply?
Record-high prices for refined copper metal and a shortage of copper concentrates have caught the attention of investors. Bringing new, large-scale supply to the market is not simple or quick, but brownfield expansions and scrap supply may offer a quicker response
May 30, 2024
·
By James McKeigue
Insights
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