There was a typographical error with the figure for the top end of the range being incorrect in the first line of the rationale. This read: “Fastmarkets’ price assessment for cobalt standard grade, in-whs Rotterdam, was $15.10-16.00 per lb on Monday March 24, widening down from $15.70-16.50 per lb in the previous session.” The correct version […]

Indian critical minerals producer Lohum launched the country’s first battery-grade lithium refinery earlier this month, designed to be able to consume both primary and secondary feedstocks, Fastmarkets heard this week.

Caremag's €216M investment in a French rare earth recycling plant marks a major step toward sustainable resource independence for Europe's electric vehicle sector.

Cobalt market dynamics are intensifying as the DRC's export suspension fuels volatility, raises supply chain concerns, and impacts global pricing and investments

The launch of this price assessment is to meet market demand for price transparency amid the introduction of new trade barriers and obstacles, namely China’s introduction of export controls on bismuth metal in February, and the subsequent decoupling of bismuth metal and bismuth oxide prices. The specifications are as follows: MB-BI-0003 Bismuth oxide, cif Rotterdam, $/lbQuality: […]

The London Metal Exchange has been fined $12 million by the Financial Conduct Authority (FCA) for its role in the rollercoaster nickel market saga three years ago

In the week to March 13, US soybean meal and soybean cake sales fell slightly, while exports increased, the latest USDA figures released on Thursday, March 20 showed. US 2024-25 soybean meal and cake sales reached 182,200 tonnes, down by 1% on the week and by 20% from the four-week average, but within average market […]

Fastmarkets has corrected its MB-IRO-0188 - Iron ore 67.5% Fe pellet feed cfr Qingdao and MB-IRO-0013 - Iron ore 65% Fe concentrate cfr Qingdao indices, which were published incorrectly on Wednesday March 19 due to a technical calculation error.

Fastmarkets invited feedback specifically on how to treat quarterly contracts in the monthly index calculation. Feedback received regarding this matter was divided, as some thought it is more important to take the quarterly deals into account separately, whereas other respondents did not see major differences and suspected this would make the price collection more difficult. […]

The details affect the following prices:AG-SYB-0079 Crush Margin, China Soy (US Gulf), M1, yuan per tonneAG-SYB-0082 Crush Margin, US Soy, M1, c$ per bushelAG-SYB-0080 Crush Margin, Brazil, Soy, M1, $ per tonneAG-SYB-0078 Crush Margin, China Soy (Brazil), M1, yuan per tonneAG-SYB-0081 Crush Margin, Argentina Soy, M1, $ per tonneFastmarkets clarifies that, where the value of a futures contract is factored […]