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S Korean black mass payables hold firm in January, EU market weakens further
Payables in concluded deals for nickel cobalt manganese (NCM) black mass in the CIF South Korea market held largely firm in January 2024 despite weaker battery raw materials prices and lower bids from some buyers, according to market sources
February 1, 2024
·
By Lee Allen
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
Chinese lithium producers issue profit warnings amid falling lithium prices
Major Chinese lithium producers Ganfeng Lithium Group and Tianqi Lithium Corp issued profit warnings on Tuesday January 30, ahead of the publication of their annual results, due to the significant decline in lithium prices in 2023
February 1, 2024
·
By Callum Perry
Insights
Planes, supply trains and automobiles hold key for oilseeds in 2024
Published in a recent Gaftaworld issue, Tim Worledge, editorial director at Fastmarkets Agriculture shares his view on oilseeds and veg oils 2024 demand outlooks
February 1, 2024
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By Timothy Worledge
Insights
China accelerating green power aluminium development
China's aluminium industry has increased the development pace of green-power aluminium in recent years, by using more green power for electrolytic aluminium production to reduce carbon emission and also by actively pushing forward differentiation of the metal from its non-green-power counterpart
February 1, 2024
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By Ruby Liu
Insights
Scalability, high-grade resources key to competitiveness of BRM deep sea mining
Deep-sea mining is likely to be a competitive source for the extraction of key battery raw materials (BRMs) including nickel, manganese, cobalt and copper, two deep-sea miners told Fastmarkets late in January 2024
February 1, 2024
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By Solomon Cefai
Insights
Proposal to launch two Brazilian aluminium delivered premiums
Fastmarkets proposes to split the current Brazilian aluminium P1020A delivered premium by launching two new domestic premium assessments to better reflect the two-tier market created by the different state value-added tax (VAT) rates, known as the ICMS tax.
January 31, 2024
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By Leticia Simionato
Insights
Seasonal watch | Copper enters its brightest seasonal phase
February is set to be the best month for copper prices after a challenging start to the new year
January 31, 2024
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By Boris Mikanikrezai
Insights
Sellers propose hikes of $10-20 per tonne for northern bleached softwood kraft pulp
The Chinese pulp sector faces supply disruptions and market uncertainty as Canadian mills consider closures amid falling prices
January 31, 2024
·
By Nick Chang
Insights
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