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DRC customs head backtracks on copper, cobalt export ban
Customs officials in the Democratic Republic of Congo have backtracked on a decree made just 24 hours earlier and re-approved the export of copper concentrate and cobalt from the country.
May 28, 2021
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Insights
Peak Resources to build UK’s first-ever rare earths refinery in North Yorkshire
Peak Resources will build the UK's first rare earths refinery after the Australia-listed mining company took out a £1.85-million ($2.63 million) lease on a production site in Redcar on the River Tees in North Yorkshire, England.
May 28, 2021
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Insights
VIETNAM STEEL SCRAP: Buyers cautious amid falling steel prices in China
Import prices for ferrous scrap in Vietnam continued to fall in the week to Friday May 28 due to sentiment weakened by plunging steel prices in China recently.
May 28, 2021
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By Paul Lim
Insights
FOCUS: Copper-producing countries want to reap benefits of record price
Copper's price is trading at all-time highs - and now the countries where it is mined the most want a piece of the action.
May 27, 2021
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By the Fastmarkets team
Insights
AT A GLANCE: Chile’s SQM lithium revenue up 107% y-o-y in Q1 2021
A summary of results for the lithium division of Chilean producer Sociedad Quimica y Minera (SQM) for the first quarter of 2021, taken from its quarterly update published on Wednesday May 19 and its earnings conference call on May 20.
May 21, 2021
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By Susan Zou
Insights
How copper’s mine-supply crunch is driving prices to record highs
London Metal Exchange three-month copper futures hit $10,720 per tonne in May amid disruption from the Covid-19 pandemic and political tensions affecting material supply from mines.
May 20, 2021
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Insights
Analysis: Brazil’s Northern Arc could catalyse export boom in next decade
Brazil's northern ports - the so-called Northern Arc - will be pivotal in driving the country’s corn and soybean exports over the next decade due to the new investments that will continue to improve the region’s infrastructure, sources said.
May 19, 2021
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Insights
US to make up for lost time in transition to low-carbon world, Yellen says
The United States plans to “make up for lost time” in the battle against climate change by developing new technologies and investing in the products that will drive the transition to a global, low-carbon economy, according to the country’s Treasury chief, Janet Yellen.
May 18, 2021
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By Andrea Hotter
Insights
Iron ore’s most volatile week: How we got here and what comes next
Fastmarkets’ 62% Fe iron ore fines index just experienced its most volatile week on record: a biggest-ever daily gain of $18.31 on Monday May 10 came before a new high of $237.57 per tonne on May 12, followed by a record daily loss of $28.78 on May 14.
May 18, 2021
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Insights
Pilbara Minerals targets ‘mid-stream’ lithium salts production
Pilbara Minerals is targeting “mid-stream” lithium salts production to achieve a greener and better supply chain, Dale Henderson, the Australia-listed lithium miner’s chief operating officer, said during an investor meeting on Tuesday May 11.
May 11, 2021
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By Susan Zou
Insights
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