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Ionic Rare Earths seeking partners across rare earth supply chain
Australia’s Ionic Rare Earths is seeking investors and offtake partners for its Makuutu heavy rare earth project in Uganda, as well as sources of feedstock for its magnet recycling plant in Northern Ireland, Tim Harrison, the company's chief executive officer, told Fastmarkets in an interview.
December 11, 2023
·
By Sofia Okun
Insights
Chinese NPI prices resume downtrend amid weak demand and oversupply
The downtrend in China’s nickel pig iron (NPI) prices resumed in the week to Friday December 8 after pausing the preceding week, with the market still facing oversupply and slow demand from the stainless steel sector
December 11, 2023
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By Dylan Duan
Insights
Bismuth buyers await price retreat from 5-year high
The price of bismuth should recede further from the five-year peak seen in September with the imminent return of Newmont Corp’s Peñasquito mine in Mexico, buyers in the US said this week
December 11, 2023
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By Orla O'Sullivan
Insights
US Scrap Trends Outlook: December 2023
What’s the market sentiment for December? Read on for a summary of the results of our US ferrous scrap market survey for December, or click here to download your copy of the full US Scrap Trends Outlook for December 2023. The US ferrous scrap market is hotting up in winter months Significantly depressed scrap flows […]
December 8, 2023
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By Amy Hinton
Insights
UAE set for further jump in steel scrap intake with AGSI capacity boost
The consumption of steel scrap in the United Arab Emirates (UAE) was expected to rise sharply in the coming years amid expansions in steelmaker capacities to feed greater steel demand
December 5, 2023
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By Lee Allen
Insights
Low-nickel NCM batteries back in favor to reduce cathode producer costs and encourage end-user demand
Some cathode makers have been switching back to lower-nickel cobalt manganese (NCM) from high-nickel NCM cathodes to reduce costs and encourage consumers amid slowing demand for electric vehicles (EVs), Fastmarkets understands
December 4, 2023
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By the Fastmarkets team, Yiwen Ju, Zihao Li
Insights
Aluminium industry must invest in three key areas to hit net zero: WEF report
Find out how days before the 2023 United Nations Climate Change Conference (COP28) in Dubai, the World Economic Forum (WEF) outlined three key areas of investment for the global aluminium industry to reach net zero by 2050 – clean energy, emerging technologies and decarbonization infrastructure – but it will require hundreds of billions of dollars
December 1, 2023
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By Yasemin Esmen
Insights
Brazilian Q1 2024 DR-BF pellet premium spread widens amid weaker EU demand
Price differentials between Brazilian direct-reduced (DR) iron ore pellets and blast furnace (BF) pellets for the first quarter of 2024 are showing signs of widening amid weaker demand for BF pellets in Europe, sources told Fastmarkets Thursday November 30
December 1, 2023
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By the Fastmarkets team, Marina Shulga, Norman Fong
Insights
Brazilian miners bet on high-grade iron metallics in race for Scope 3 carbon neutrality
As the world’s second-largest iron ore exporter, Brazil is expected to play a key role in helping the global steel industry slash carbon dioxide (CO2) emissions; Brazilian companies are already taking action to mitigate greenhouse gas (GHG) protocol Scope 3 emissions – those encompassing the entire value chain
November 30, 2023
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By the Fastmarkets team, Renato Rostás, Gabriela Brumatti
Insights
Primary aluminium stakeholders seek DOE clean energy investments
“The [Department] has a set of tools through the Inflation Reduction Act [IRA] and the Bipartisan Infrastructure Law,” Annie Sartor, aluminum campaign director at clean industry advocate group Industrious Labs, said. “They are open to talking about what the industry needs. When we said the current investments were not enough, they were open to conversation,” […]
November 28, 2023
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By Yasemin Esmen
Insights
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