Fastmarkets is further extending the consultation period for its proposal to launch a monthly high-grade nickel matte payable indicator, 65-75% nickel contained, cif China, % of official exchange price assessment, following feedback from market participants. The initial proposal to launch the assessment was published on February 26, but following feedback related to market liquidity Fastmarkets extended the consultation […]

Fastmarkets has partnered with the Intercontinental Exchange (ICE) to launch a series of cash-settled lithium, spodumene and cobalt futures contracts that will be settled against Fastmarkets assessments.

Fastmarkets proposes to change the name and base specifications of its index for iron ore 62% Fe fines cfr Qingdao to more closely align with the specifications of prevailing mid-grade fines in the CFR China market. Following an initial consultation with the market, and a review of the typical data sets that have been collected […]

Global physical copper cathodes premiums were mixed in the week to Tuesday April 15, with US market moving down, Europe rising and Asia holding largely steady.

The top end of the price was incorrectly published due to a typographical error. The price was initially published as 240,000-2,450,000 yuan per tonne. This has since been corrected to 240,000-245,000 yuan per tonne. Fastmarkets’ pricing database has been updated to reflect this change. The affected price is as follows:MB-SB-0011 Antimony 99.85% Sb min, in-whs […]

How much Canadian aluminium is being diverted from the US to Europe, when will it arrive and what impact will it have on premiums? The market appears to be split, but that could all change at the end of June, sources told Fastmarkets in the week to Thursday April 17.

EVelution Energy is financing $64.8 million in secured subordinated debt under the US' EB-5 Immigrant Investor Program to fund the construction and operations of its cobalt production facility in Yuma County, Arizona, the company said in a press release on Wednesday, April 9.

The proposal follows preliminary discussions with the market, which suggests a lack of liquidity for the commodities. The proposed new specifications are listed below, with the proposed amendment of price frequency in italics: MB-MAG-0005 Magnesia, dead burned, 97.5% MgO, lump, fob China, $/tonneQuality: Dead burned 97.5% MgO lump, bulkQuantity: Min 1,000 tonnesLocation: fob ChinaTiming: SpotUnit: $/tonnePublication: […]

Manganese ore inventories at the main Chinese ports of Tianjin and Qinzhou were originally published at 357 million-370 million tonnes. This has been corrected to 3.57 million-3.70 million tonnes. Chrome ore inventories at the main ports of Tianjin, Qinzhou, Lianyungang and Shanghai were originally published at 2.95 million tonnes. This has been corrected to 2.69 […]

The price was incorrectly published as 68,000-685,000 yuan per tonne on Tuesday. That has now been corrected to 68,000-68,500 yuan per tonne. Fastmarkets’ pricing database has been updated to reflect this change. This price is part of the Fastmarkets’ industrial minerals package. For more information, or to provide feedback on this correction notice, or if you […]