Galaxy Resources expects to meet its production target of around 14,000-17,000 dry metric tonnes (dtm) of lithium concentrate for the first quarter of 2020 at its Western Australia spodumene project, Mt Cattlin, following the resumption of activities there in February.

The London Metal Exchange confirmed in a written statement on Monday that a ring-dealing member employee has contracted the novel coronavirus (2019-nCoV), further jeopardizing trading activity at its open-outcry trading venue.

Italian secondary aluminium producer Raffmetal will cease production from March 16-22 amid ongoing concerns from the spread of novel coronavirus (2019-nCoV) in the country, a source close to the matter told Fastmarkets on March 13.

The three-month copper price on the London Metal Exchange was lower during morning trading on Monday March 16, slipping below the $5,400-per-tonne resistance level despite a sizable fresh cancelation, while the red metal’s price continues to weaken with broad risk-aversion capping investment in commodity markets.

The rout in global markets continued in early trading today, Monday March 16, with Asian equity indices down significantly and the pre-market Dow Jones Industrial Average Index (DJIA) futures already down by its 5% limit.

Base metals prices on the Shanghai Futures Exchange were largely down at the close of the morning trading session on Monday March 16, with tin leading the charge lower, while nickel was the lone metal to secure any gains.

Here are five Fastmarkets stories you might have missed on Friday March 13 that are worth another look.

Following market consultation and in keeping with how woodfiber is traded in the US Lake States Region, Fastmarkets RISI will make the following change to its price assessment coverage with effect from June 2020. Price coverage of hardwood in-woods debarked chips will be discontinued as the market has receded in recent years. Fastmarkets RISI consulted […]

An overview of the battery raw materials markets and their price moves from the past week.

Italian long steel producer Feralpi Group has announced the closure of one of its mills, starting from March 16, due to the outbreak of 2019-nCoV coronavirus, the company told Fastmarkets on Friday March 13.