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Suspension at South32’s GEMCO manganese ore unit rewrites demand patterns in Asia
The suspension of South32’s manganese ore operations at Groote Eylandt Mining Co (GEMCO) in Australia has been changing demand patterns among manganese ore buyers in Asia and this will benefit other manganese ore miners, market participants said on Wednesday April 24
April 26, 2024
·
By Holly Chant, Tina Tong, the Fastmarkets team
Insights
Copper concentrate traders ‘gambling’ on market tightness continuing into 2025
In anticipation of a tight market, copper concentrate traders have locked in 2025 volumes at notably low treatment charges, with deals being placed well below the long-term industry benchmarks
April 25, 2024
·
By Albert MacKenzie
Insights
Brazil increases import duty to 25%; quotas include HRC, CRC, HDG, Galvalume, tubes
The Brazilian Executive Management Committee for the Foreign Trade Chamber (Gecex-Camex) decided to increase steel import duties during one year to 25%, while establishing import volume quotas for 11 steel products, according to a document published on Tuesday April 23
April 25, 2024
·
By Renato Rostás, Ana Enis, Gabriela Brumatti
Insights
Nexa receives funding from Brazil government for decarbonization goals
This move aligns with global demands for sustainability in the mining sector and sets Nexa on a path toward achieving net zero emissions by 2050
April 25, 2024
·
By Leticia Simionato
Insights
Decision to discontinue lithium contract price assessments
Fastmarkets will discontinue its lithium contract price assessments, effective October 2024.
April 24, 2024
·
By Justin Yang
Insights
Green Li-ion launches first US battery-grade pCAM-producing recycling facility
Singapore-based lithium-ion battery recycling company Green Li-ion has launched its first commercial-scale installation to produce battery-grade cathode and anode materials from black mass and cathode powder – the first of its kind in North America
April 24, 2024
·
By Kirstyn Petras
Insights
Propelling forward: SAF and the path to a greener aviation industry
Sustainable aviation fuels are seen by many as the answer to reducing carbon emissions. But how can the industry reach the high adoption targets set by policy makers, when supply is still lagging behind demand. In this analyisis, we look at production trends, supply sources and pricing patterns
April 23, 2024
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By Joao Morciani
Insights
GEMCO export sales and wharf operations to remain suspended until Jan-Mar 2025
This development has led to a tightening market supply and bullish sentiment among traders, despite the immediate aftermath not showing a price hike
April 23, 2024
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By Holly Chant, Tina Tong
Insights
Malaysia’s March palm oil stocks hit 10-month low on strong export rebound
This marks the fifth consecutive month of declining inventories as exports soared by 28.6% to 1.32 million tonnes in March
April 23, 2024
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By Regina Koh
Insights
Four reasons behind the ten-year high of Chinese tungsten prices
Chinese tungsten prices reached a ten-year high in the recent week thanks to production cuts, stricter environmental supervision in mining areas, regional military conflicts and strong demand from photovoltaic and manufacturing industries, sources told Fastmarkets on Tuesday April 16
April 23, 2024
·
By Jessica Long
Insights
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