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China issues first batch of rare earths quotas for 2024
China has released the first round of rare earth mining and smelting and separation quotas for 2024 in a joint announcement by the country's Ministry of Industry and Information Technology and the Ministry of Natural Resources on Tuesday February 6
February 7, 2024
·
By the Fastmarkets team
Insights
Amendment to Fastmarkets’ 44% manganese ore indices
After a consultation period which ended on Tuesday January 30, Fastmarkets has amended the chemical specifications and names of its MB-MNO-0001 manganese ore 44% Mn, cif Tianjin and MB-MNO-0005 manganese ore 44% Mn, fot Tianjin indices.
February 6, 2024
·
By Holly Chant
Insights
China’s gallium export control continues to squeeze market, despite higher December exports
The international gallium market remains under pressure from the export control China introduced on the metal in August 2023, despite higher exports from China in December, Fastmarkets heard in the week to Monday February 5
February 6, 2024
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By Solomon Cefai, Nico Zhang
Insights
Iron ore pellet feed premium capped by rising supply and uncertain demand outlook
Trading activity for pellet feed imported into China increased in the week to Friday January 19, with more tenders from Australia. The pellet feed premium, however, continued to face downward pressure from uncertain demand outlook among market participants, sources told Fastmarkets
February 6, 2024
·
By Alice Li
Insights
Construction begins at Ares’ US acidspar plant; fluorspar deemed critical by govt
Mining company Ares Strategic Mining (ARES) announced on Thursday February 1 that fabrication of its fluorspar acidspar manufacturing facility in the US state of Utah has begun
February 6, 2024
·
By Alexander Cook
Insights
Chinese lithium price edge up amid pre-holiday restocking, seller inactivity
China’s spot lithium prices edged up over the week to Thursday February 1 amid a sharp uptick in restocking demand ahead of the Lunar New Year holiday (LNY), and some sellers refraining from making sales to increase prices, sources told Fastmarkets
February 5, 2024
·
By Dalila Ouerghi, Zihao Li
Insights
China Northern Rare Earth net profit falls over 60% amid falling RE prices
China Northern Rare Earth Group High Tech Co expects its net profit for 2023 to have decreased by 53.97-61%, the company announced on Monday January 29
February 1, 2024
·
By the Fastmarkets team
Insights
Russian packaging market set for modest growth in 2024 amid uncertainty
Russia’s National Packaging Confederation (NKPack) expects the domestic corrugated packaging and folding carton markets to grow by up to 5% in 2024 amid economic uncertainty and rising geopolitical tensions. “We expect more modest numbers than in 2023, but nevertheless, we predict growth in production of corrugated packaging at 5% and for folding cartons of 3-5%,” […]
February 1, 2024
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By Angel Angelov
Insights
Planes, supply trains and automobiles hold key for oilseeds in 2024
Published in a recent Gaftaworld issue, Tim Worledge, editorial director at Fastmarkets Agriculture shares his view on oilseeds and veg oils 2024 demand outlooks
February 1, 2024
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By Timothy Worledge
Insights
China accelerating green power aluminium development
China's aluminium industry has increased the development pace of green-power aluminium in recent years, by using more green power for electrolytic aluminium production to reduce carbon emission and also by actively pushing forward differentiation of the metal from its non-green-power counterpart
February 1, 2024
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By Ruby Liu
Insights
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