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Brazil’s Gerdau to invest $277mln into solar-, wind-powered steelmaking
Brazil-based Gerdau will invest up to 1.5 billion Reais ($277 million) in solar and wind power projects by acquiring a third of energy generation and commercialization company Newave Energia, advancing its decarbonization goals, the steelmaker said on Friday November 25
November 28, 2022
·
By Renato Rostás
Insights
Befesa produces SHG solely from recycled zinc; to reach capacity in 2023
Luxembourg-based recycler Befesa’s facility in Mooresboro, North Carolina, is the first in the world to manufacture special high-grade (SHG) zinc solely from recycled zinc
November 25, 2022
·
By Yasemin Esmen
Insights
Lower European aluminium premiums risk deterring imports, freight rates fall
Lower aluminium premiums in Europe risk deterring imports amid falling freight rates, with some market participants now looking at the availability of material for 2023 in light of the various smelter cuts on the continent
November 25, 2022
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By the Fastmarkets team, Carrie Bone
Insights
Financial hit for Ukraine farmers means spring sowing may reach just 50%
The Russian invasion and the uncertainty around the grain corridor deal present serious challenges for grains and oilseeds producers
November 25, 2022
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By Masha Belikova, Svitlana Synkovska
Insights
Prices for MHP and Chinese nickel sulfate stabilize on mixed demand
The markets for mixed-hydroxide-precipitate (MHP) and Chinese nickel sulfate have stabilized after a period of volatility on the London Metal Exchange and cooling demand in China, Fastmarkets heard on Monday November 21
November 25, 2022
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By the Fastmarkets team
Insights
Vale signs nickel supply agreement with GM to boost battery-grade nickel sulfate supply for EVs
Vale Canada and General Motors (GM) have signed an agreement for the long-term supply of battery-grade nickel sulfate, Vale Canada said on Thursday November 17
November 25, 2022
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By Ian Templeton
Insights
Anglo, Aurubis sign deal to develop green copper traceability
Anglo American and Germany-based Aurubis have signed a memorandum of understanding (MoU) to jointly develop a solution that will ensure copper, a key commodity in energy transition, is traceable and sustainably produced, the London-based miner announced on Thursday, November 24
November 24, 2022
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By Renato Rostás
Insights
Lower soybean oil price boosts biodiesel margins
Midwest soybean oil prices moved lower for the first time in four weeks
November 24, 2022
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By Robert Lane
Insights
Spodumene projects may slow lithium price surge
Global lithium prices have been largely on the rise over the past year, boosted by the global transition to a new generation of energy markets, but new resources could ease pressure on supply and demand
November 23, 2022
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By Zihao Li
Insights
Peru still ‘a good place’ to invest in copper mining, despite concerns over disruption – sources
Recent disruptions to Peruvian mines have raised concerns about social tensions reducing the attractiveness of the industry to investors, but market participants told Fastmarkets that they still rate Peru highly as a copper mining hub
November 23, 2022
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By Albert MacKenzie
Insights
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