Talga Resources has signed a Memorandum of Understanding (MoU) with global technology leader ABB to support the development and construction of Talga’s Vittangi anode project in northern Sweden.

Hot-rolled coil prices in the United States have surged on confirmed buying activity and incredibly thin spot availability, prompting at least one electric-arc furnace (EAF) coil producer to quietly communicate a base price increase to customers, Fastmarkets has learned.

Commodities trader Trafigura and local government body Entreprise Générale du Cobalt (EGC) have penned an offtake agreement specifically for the supply of artisanal cobalt in a deal designed to concurrently formalize the sector.

China's expected recovery in air travel after the Covid-19 pandemic is expected to result in 8,600 new airplane purchases over the next 20 years, according to US manufacturer Boeing.

The base metals were generally upbeat this morning, Friday November 20, supported by demand expectations and a weaker dollar.

Commodity traders have long forecast that there would be consolidation in their own industry, and in some of the world’s biggest centers for metals business that has already started to happen.

Fastmarkets has partnered with CME Group to launch a cash-settled cobalt contract to be settled against Fastmarkets’ daily benchmark cobalt price assessment.

Fastmarkets, the industry-leading cross-commodity PRA, announced on Thursday November 19 that CME Group has chosen Fastmarkets as the PRA for its new cash-settled cobalt futures contract, which will launch on December 14, pending regulatory review. The new contract will be listed on and subject to the rules of COMEX and settled against the benchmark daily standard-grade cobalt price assessed by Fastmarkets.

A scramble for corn and soybean planting area is likely to dominate the years ahead, as aВ surge in global and Chinese...

Japan's Panasonic has teamed up with Norwegian aluminium producer Norsk Hydro and Norway's state-owned oil major Equinor to look into developing a sustainable battery business in Norway.