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FOCUS: Umicore’s moves to secure battery materials chain reassure oversupplied cobalt market
Opportunities to lock in long-term sales of cobalt hydroxide – and diversify a customer base outside of China in the process – are too appealing to pass by in a market still feeling the effects of a ramp-up in intermediates supply.
May 30, 2019
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By Generic people page
Insights
China’s satellite copper smelters, processers thrive abroad after scrap import restrictions [UPDATED]
Cambodia’s Sihanoukville Special Economic Zone is over a thousand miles from China, but you would not know it to be there.
May 29, 2019
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By Generic people page
Insights
EXCLUSIVE: ‘Scrap no longer scrap’ as China examines industry renaming proposal
The Chinese government is examining an industry proposal to discard the use of the term “scrap” by officially renaming certain copper scrap products as “recyclable copper raw materials” to reflect the high purity of the furnace-ready feed, sources with direct knowledge of the matter confirmed with Fastmarkets.
May 28, 2019
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By Generic people page
Insights
IN CASE YOU MISSED IT: 5 key stories from May 24
Here are five Fastmarkets MB stories you might have missed on Friday May 24 that are worth another look.
May 27, 2019
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By Generic people page
Insights
EXCLUSIVE: Head of Jiangxi Copper’s international trading arm Su Li steps down – sources
Jiangxi Copper International Trading Co Ltd’s president, Su Li, has stepped down from his role, multiple sources with direct knowledge of the matter confirmed.
May 24, 2019
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By Generic people page
Insights
IN CASE YOU MISSED IT: 5 key stories from May 22
Here are five Fastmarkets MB stories you might have missed on Wednesday May 22 that are worth another look.
May 23, 2019
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By Generic people page
Insights
FOCUS: KCM liquidation order – what is at stake, what will happen to Zambian copper industry?
The liquidation order issued by the government of Zambia, that would allow it to take control of the copper-producing assets held in the African country by global metals producer Vedanta, has sent shockwaves through the global industry.
May 22, 2019
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By Generic people page
Insights
EXCLUSIVE: Zambian government orders liquidation of Vedanta’s KCM; awaits legal approval [UPDATE]
The Zambian government has filed an official document to the High Court to liquidate the assets of Konkola Copper Mines (KCM), which is majority-owned by Vedanta Resources.
May 21, 2019
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By Generic people page
Insights
MORNING VIEW: A shaky start to LME base metals prices on geopolitical uncertainties
Renewed selling interest on Friday May 17 has capped the upside from the slight rebound mid-last week and the metal markets generally look shaky in the early morning of Monday May 20.
May 20, 2019
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By Generic people page
Insights
Malaysian ports hold scrap cargoes following waste processing inspections; copper scrap diverted
Massive amounts of scrap metal are being held at Malaysian ports for unprecedented inspections and multiple copper cargoes still at sea are being diverted to other Asian countries at big discounts, sources told Fastmarkets.
May 20, 2019
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By Generic people page
Insights
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