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European aluminium premiums face new wave of support from buoyant Asian markets
An ongoing disruption to trade via the Red Sea and recent strength in some Asian markets are providing support to aluminium premiums across Europe, despite a continued period of low regional demand, participants have told Fastmarkets
February 29, 2024
·
By Imogen Dudman
Insights
Chinese fluorspar producers bullish on rising demand from hydrofluoric acid sector
Market participants in China’s fluorspar market are expecting low inventory in the downstream hydrofluoric acid (HF) sector to push up fluorspar demand in the near term, sources told Fastmarkets
February 29, 2024
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By Nina Hu
Insights
Three pathways to green steel in Asia
Fastmarkets explores three innovative pathways paving the way for sustainable steel production in Asia amidst rising capacity and demand challenges, driving the urgent need for decarbonization and low-carbon supply chain development
February 28, 2024
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By the Fastmarkets team, Paul Lim, Nabilah Awang
Insights
Chinese corn and barley buyers have returned to the market
Chinese buyers are showing strong demand for barley and corn, with significant purchases from France, Australia, and Ukraine
February 27, 2024
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By Sam Balf, Masha Belikova
Insights
ExxonMobil focuses on battery-grade lithium production in US state of Arkansas
The company will be growing its battery-grade lithium carbonate or hydroxide production from its new direct-lithium extraction (DLE) project
February 26, 2024
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By Grace Asenov
Insights
Aluminium, nickel avoid direct sanctions | Hotter Commodities
Aluminium and nickel appear to have once again escaped inclusion in the latest list of sanctions imposed by western governments on Russia, ending days of speculation that increased both the prices and the traded volumes of the metals.
February 26, 2024
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By Andrea Hotter
Insights
Glencore’s 2023 metals profits down on lower cobalt, nickel and zinc prices
Swiss trader Glencore’s profits halved in 2023 due to weaker energy and metals prices and production, according to the company’s full-year results released on Wednesday February 21
February 26, 2024
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By James McKeigue
Insights
Australia plans tax relief to shield miners from nickel price slump
Western Australia plans to offer tax breaks to nickel producers in a bid to help the ailing industry amid crashing prices, the state government announced on Saturday February 17
February 26, 2024
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By Yiwen Ju
Insights
Energy storage players might consider the benefits of financial derivatives
Volatile BRM prices can generate uneven profits and highlight the need for risk management
February 26, 2024
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By David Becker, Phoebe O'Hara, the Fastmarkets team
Insights
Niron Magnetics gets $25 million to develop rare earth-free magnet
Niron said it is developing iron nitride magnets, which do not contain any rare earth elements. It was founded in 2014 and originated from the University of Minnesota. Niron plans to use the funds to expand its US production facilities in Minneapolis and aims to start producing 1,000 kg per year of iron nitride magnets […]
February 23, 2024
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By Sofia Okun, Caroline Messecar
Insights
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