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Rio Tinto to install zero-carbon smelting technology ELYSIS at demonstration plant in Quebec
Rio Tinto will install carbon-free aluminium smelting cells at its Arvida smelter in Quebec, Canada, using the first technology license issued by ELYSIS, the company announced on Friday June 28
July 3, 2024
·
By Yasemin Esmen
Insights
High copper concentrate costs, supply deficit to hurt copper smelters from 2025: LME Asia Week 2024
Hefty copper concentrate costs amid a sustained supply deficit are expected to cause most global copper smelters to run below costs from 2025 onwards, sources told Fastmarkets at the sidelines of LME Asia Week 2024 in Hong Kong on Thursday June 27
July 1, 2024
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By Sally Zhang
Insights
What do the record low base metal concs TCs have in common?
Tightness in raw material supply has driven Fastmarkets’ copper and zinc treatment charges (TCs) to all-time lows, while lead concentrate TCs have hit intra-year lows. Fastmarkets looks at the common themes driving the downward movements
June 28, 2024
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By Albert MacKenzie
Insights
Spot activity slows across global copper market
Copper demand remains weak in China and Europe, with some European sources noting liquidity heading to the US while others note the market is slightly less quiet than the previous month and American sources agree that the market appears to be stabilizing from previous highs
June 27, 2024
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By Albert MacKenzie, Sally Zhang, Rae Boyadjis
Insights
Correction to Australia, Brazil alumina FOB indices on June 25
Fastmarkets has corrected its MB-ALU-0002 alumina index, fob Australia and its MB-ALU-0010 alumina inferred index, fob Brazil, which were published incorrectly on Tuesday June 25 due to a back end calculation error.
June 26, 2024
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By Laura Roberts
Insights
New ARZYZ FRP project opportunity for Mexico to depend less on imports
Mexican secondary aluminium alloy smelter and distributor of primary metals ARZYZ Metals expects that the company’s new project to produce domestic flat-rolled products (FRP) will reduce Mexico's dependence on imports, a press officer told Fastmarkets on Monday June 24
June 26, 2024
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By Leticia Simionato
Insights
BMW opens first US press shop at South Carolina plant where it will manufacture EVs
The German auto-manufacturer BMW opened its first press shop in North America at its plant in Spartanburg, South Carolina, where it will produce the exterior for its X3 model, the company announced on Friday June 21
June 25, 2024
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By Yasemin Esmen
Insights
China’s refined copper exports surge to 8-year peak and high exports continue
China’s exports of refined copper rose to an eight-year high in May, with exports expected to stay elevated through June, sources told Fastmarkets in the week to Friday June 21
June 25, 2024
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By Sally Zhang
Insights
How Saudi Arabia’s plans to increase base metals production, consumption will affect markets
Saudi Arabia, through its spearheading of a mining and minerals production and consumption push in the Middle East, a region usually associated with oil and gas, is leading neighboring countries to increase their presence in the base metals markets
June 21, 2024
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By Albert MacKenzie, Imogen Dudman, James McKeigue, Natasha Porter, Laura Roberts
Insights
Indonesia vows to invest more in aluminium supply chain in strategy for critical metals
Indonesia is preparing to invest more in its aluminium supply chain as part of its wider critical metals strategy, Fastmarkets understands
June 20, 2024
·
By Laura Roberts
Insights
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