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Annual Review of PIX Sawn Softwood Timber Finland Indices – Final Decision
HELSINKI, February 17, 2023 (PIX Bioenergy and Wood Indices) - Fastmarkets FOEX invited feedback from the industry in an open consultation process between January 18 and February 15, 2023 on the pricing methodology for its PIX Sawn Softwood Timber Finland indices.
February 21, 2023
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Insights
Ford’s new LFP plant marks expansion of chemistry in NCM-dominant US market
US automotive manufacturer Ford’s announcement that it would invest $3.5 billion to build a lithium iron phosphate (LFP) plant in the US state of Michigan marks the chemistry’s adoption in a nickel cobalt manganese (NCM) dominated market
February 20, 2023
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By Justin Yang
Insights
Rio Tinto, BMW MoU highlights growing consumer demand for sustainable automotive materials
Growing consumer demand for automotive manufacturers to use sustainable materials is driving the uptake of low-carbon aluminium, with producer Rio Tinto announcing a partnership with BMW Group to supply the metal
February 20, 2023
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By Carrie Bone
Insights
Norsk Hydro to await ‘comfort and visibility’ in aluminium demand before bringing back idled capacity
European aluminium producer Norsk Hydro will not bring smelter capacity back into the market until demand assurance returns, the company’s chief financial officer Pål Kildemo told Fastmarkets in an exclusive interview
February 20, 2023
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By Imogen Dudman
Insights
LG Chem secures spodumene from Piedmont Lithium for US operations
Junior miner Piedmont Lithium has agreed to provide South Korean cathode maker LG Chem with 200,000 tonnes of spodumene concentrate (SC6%) over a four-year period, it said on Thursday February 16
February 20, 2023
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By the Fastmarkets team
Insights
Amendment to aluminium P1020A MJP quarterly premium methodology
Fastmarkets has amended its aluminium P1020A (MJP) quarterly premium assessment methodology.
February 17, 2023
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Insights
Cobalt derivatives’ popularity solidifies new aspect of cobalt trading, Traxys CEO says
Financially settled contracts for metals have grown in popularity over the last 12 months, and this likely played a role in a change of ownership at Traxys
February 17, 2023
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By Alexander Cook
Insights
Glencore’s coalface challenge | Hotter on metals
Glencore’s new chief executive officer Gary Nagle is learning a key management lesson the hard way, namely: “You can't please all of the people all of the time
February 17, 2023
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By Andrea Hotter
Insights
Four things we learned at the MRAI 2023 scrap conference in Kochi, India
The Material Recycling Association of India’s annual International Metals Recycling Conference (IMRC) on February 2-4 saw the event return to southern city of Kochi for the first time since 2019 and, judging by the demand for rooms in the run-up to the event, there has been a massive increase in the numbers attending
February 17, 2023
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By Lee Allen
Insights
India’s veg oil imports jump by 31% in January
Soft oils make up for the biggest share, with an increase of 85.5%
February 17, 2023
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Insights
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