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Chilean govt to press ahead with plans to build copper smelters, increase state role in lithium production – minister
The Chilean government is pushing ahead with plans for a new copper smelter despite the global smelting crisis, Chile’s minister of mining, Aurora Williams told Fastmarkets, adding that the state will also play a key role in developing the country’s premium lithium assets
April 30, 2024
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By James McKeigue
Insights
Launch of nickel low-carbon briquette premium, cif global, $/tonne
Fastmarkets launches MB-NI-0256 nickel low-carbon briquette premium, cif global, $/tonne, on Wednesday May 1.
April 29, 2024
·
By Callum Perry
Insights
Ball in BHP’s court; Anglo says bid fails on value, structure | Hotter Commodities
Just under two weeks ago, the chair of BHP made a phone call to his counterpart at mining peer Anglo American and set in motion a flurry of activity designed to create the largest copper producer in the world
April 29, 2024
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By Andrea Hotter
Insights
Steel scrap to play key role in decarbonizing South Korean shipping sector
Ferrous scrap could serve as a linchpin in decarbonizing both the steel and shipping sectors in South Korea, particularly in the short term, while waiting for emerging technologies such as hydrogen-based direct-reduced iron to be commercialized, Fastmarkets heard at a seminar on green steel and circularity
April 29, 2024
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By Carman Chew
Insights
What motivates swing between fluff and SBSK?
Softwood fluff prices had a historic price run globally in 2022, before registering a steady decline from mid-2022 through the third quarter of 2023. The effective list price of fluff in Europe and North America dropped from a peak of $2,230 per tonne in July 2022 to $1,710 per tonne in September 2023. Similarly, the […]
April 26, 2024
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By Hema Kalathingal
Insights
Suspension at South32’s GEMCO manganese ore unit rewrites demand patterns in Asia
The suspension of South32’s manganese ore operations at Groote Eylandt Mining Co (GEMCO) in Australia has been changing demand patterns among manganese ore buyers in Asia and this will benefit other manganese ore miners, market participants said on Wednesday April 24
April 26, 2024
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By Holly Chant, Tina Tong, the Fastmarkets team
Insights
Lower CBA supply driving low-VAT aluminium premium higher in Brazil
Brazilian aluminium supply coming from Companhia Brasileira de Alumínio (CBA) is said to have tightened, helping to boost the P1020A ingot premium, market participants told Fastmarkets in the two weeks to Wednesday April 24
April 25, 2024
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By Leticia Simionato
Insights
Copper concentrate traders ‘gambling’ on market tightness continuing into 2025
In anticipation of a tight market, copper concentrate traders have locked in 2025 volumes at notably low treatment charges, with deals being placed well below the long-term industry benchmarks
April 25, 2024
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By Albert MacKenzie
Insights
Brazil increases import duty to 25%; quotas include HRC, CRC, HDG, Galvalume, tubes
The Brazilian Executive Management Committee for the Foreign Trade Chamber (Gecex-Camex) decided to increase steel import duties during one year to 25%, while establishing import volume quotas for 11 steel products, according to a document published on Tuesday April 23
April 25, 2024
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By Renato Rostás, Ana Enis, Gabriela Brumatti
Insights
Nexa receives funding from Brazil government for decarbonization goals
This move aligns with global demands for sustainability in the mining sector and sets Nexa on a path toward achieving net zero emissions by 2050
April 25, 2024
·
By Leticia Simionato
Insights
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