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Launch of South American tallow prices
Fastmarkets launches AG-TLW-0036 tallow, max 15% ffa, fob Santos, $/tonne; AG-TLW-0037 bleachable fancy tallow, max 5% ffa, cif Sao Paulo, Real/kg; and AG-TLW-0038 bleachable fancy tallow, max 3.5% ffa, cif Sao Paulo, Real/kg on Thursday October 31.
October 31, 2024
·
By Taís Laporta
Insights
China’s next strategic move: Overseas investments in high-grade iron ore
Jinnan Iron & Steel Group is the latest company to join the push to expand China's steelmaking footprint in the Middle East and is working with Brazil's Vale to establish an iron ore concentration plant at the Sohar Port and Freezone in Oman, Fastmarkets understands.
October 31, 2024
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By Alice Li
Insights
Concerns loom over weak market fundamentals amid launch of new Chinese state-owned recycling company
A new Chinese state-owned enterprise (SOE) called China Resources Recycling Group (CRRG) has been established to build a national platform for recycling and reusing resources, according to an announcement from Chinese officials on October 18. While details of the company's specific plans remain scarce, market participants remain concerned about weak market fundamentals, sources told Fastmarkets..
October 31, 2024
·
By Carman Chew
Insights
UK chancellor promises ‘no higher taxes at petrol pump’ next year in Autumn Budget
UK Chancellor of the Exchequer Rachel Reeves has confirmed that fuel duty will not rise in 2025, keeping the previous 5 pence-per-liter discount in place.
October 31, 2024
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By Alexandra Chapman
Insights
Decision to discontinue China technical grade lithium hydroxide price: pricing notice
After a consultation period, Fastmarkets has discontinued the price due to a lack of liquidity and production of the commodity. All short-term forecasts associated with this price produced by the Fastmarkets research team, if any, have also been discontinued. If you have any comments on the discontinuation of this price, please contact Zihao Li by email […]
October 31, 2024
·
By Zihao Li
Insights
Pilbara Minerals lowers FY25 production guidance as Ngungaju plant placed on care and maintenance
Australian lithium producer Pilbara Minerals will be placing its Ngungaju plant on care and maintenance from December 2024, the company announced on Tuesday October 29.
October 30, 2024
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By Callum Perry
Insights
Glencore production results reveal falling zinc, nickel production
Quarterly figures released by global miner Glencore on Wednesday October 30 showed that zinc concentrate output was dropping in a tight market while overall nickel output was down despite an increase in briquettes.
October 30, 2024
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By James McKeigue, Natasha Porter, the Fastmarkets team
Insights
Canada’s weekly grain and oilseed exports drop by 38%, led by declines in wheat and canola
Canada's grain and oilseed exports fell 38%, with significant declines in wheat and canola, despite strong soybean exports, according to the Canadian Grain Commission
October 29, 2024
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By Yana Sukharska
Insights
Eramet regains full ownership of Centenario lithium project in Argentina
Paris-headquartered minerals firm Eramet announced the buy-back of Tsingshan Holding Group’s 49.9% stake in Eramine Sudamerica on Thursday October 24, effectively regaining full ownership of the Centenario lithium project in Argentina.
October 29, 2024
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By Callum Perry, Ewan Thomson, the Fastmarkets team
Insights
Top cobalt producer, CMOC, smashes through 2024 guidance with three months to go
The world’s largest cobalt producer has cemented its place at the top with the release of a third-quarter financial report highlighting the company has smashed through its full-year production guidance with three months to go.
October 29, 2024
·
By Alexander Cook
Insights
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