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The USDA attaché boosts Argentina’s wheat and corn production estimates
The boost to the outlook is due to higher than expected yields and larger planted areas, compared to the drought-affected 2022/23 year
February 6, 2024
·
By Mark Shenk
Insights
China’s gallium export control continues to squeeze market, despite higher December exports
The international gallium market remains under pressure from the export control China introduced on the metal in August 2023, despite higher exports from China in December, Fastmarkets heard in the week to Monday February 5
February 6, 2024
·
By Solomon Cefai, Nico Zhang
Insights
Iron ore pellet feed premium capped by rising supply and uncertain demand outlook
Trading activity for pellet feed imported into China increased in the week to Friday January 19, with more tenders from Australia. The pellet feed premium, however, continued to face downward pressure from uncertain demand outlook among market participants, sources told Fastmarkets
February 6, 2024
·
By Alice Li
Insights
Construction begins at Ares’ US acidspar plant; fluorspar deemed critical by govt
Mining company Ares Strategic Mining (ARES) announced on Thursday February 1 that fabrication of its fluorspar acidspar manufacturing facility in the US state of Utah has begun
February 6, 2024
·
By Alexander Cook
Insights
Brazil’s Sigma mulls midstream lithium chemical production
Brazilian spodumene concentrate producer, Sigma Lithium, is mulling strategies during the current spodumene price downturn, including going further downstream to become one of the most competitive companies in the intermediate lithium chemicals market, chief executive officer Ana Cabral said on Thursday February 1
February 5, 2024
·
By Renato Rostás
Insights
Chinese lithium price edge up amid pre-holiday restocking, seller inactivity
China’s spot lithium prices edged up over the week to Thursday February 1 amid a sharp uptick in restocking demand ahead of the Lunar New Year holiday (LNY), and some sellers refraining from making sales to increase prices, sources told Fastmarkets
February 5, 2024
·
By Dalila Ouerghi, Zihao Li
Insights
More downside seen for Asian black mass payables amid weak buying
Payables for black mass in key Asian markets showed potential for more downside in the week ended Wednesday January 31, according to market sources
February 5, 2024
·
By Lee Allen, Tianran Zhao
Insights
Low-carbon aluminium to become requirement for beverage and packaging industry: Ball Corporation
Interest in low-carbon aluminium from the beverage and packaging industry is growing and aluminium packaging company Ball Corporation is working to meet that increasing demand, Dan Fisher, chairman and chief executive officer, said during the company’s earnings call on Thursday February 1
February 2, 2024
·
By Yasemin Esmen
Insights
China Northern Rare Earth net profit falls over 60% amid falling RE prices
China Northern Rare Earth Group High Tech Co expects its net profit for 2023 to have decreased by 53.97-61%, the company announced on Monday January 29
February 1, 2024
·
By the Fastmarkets team
Insights
Navigating raw material risks: Challenges and opportunities in the automotive industry
Automotive companies operate in a highly competitive and volatile industry susceptible to fluctuating input costs. These costs, including raw materials, can significantly impact automotive manufacturers’ profitability and cash flow. There are several tools that an automotive procurement manager or risk manager can use to determine the extent of the risk embedded in production costs. This […]
February 1, 2024
·
By David Becker
Insights
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