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Russia’s war in Ukraine boosts copper demand
Russia's war against Ukraine is using millions of copper-containing shells, which has increased demand for the red metal, sources told Fastmarkets
July 8, 2024
·
By James McKeigue
Insights
Argentina’s new investment regime a potential boon to copper projects
A new incentive program for companies with large investments in Argentina might unlock the country’s mining potential in the medium term, market participants recently told Fastmarkets
July 4, 2024
·
By Renato Rostás
Insights
US magnesium production will be competitive without anti-dumping duties in long-run: Magrathea
Domestic US magnesium production will be financially competitive in the future, even without the country’s long-standing anti-dumping tariffs on Chinese imports, according to the chief executive officer of a developing producer based in California
July 4, 2024
·
By Solomon Cefai, Leticia Simionato, Julienne Raboca
Insights
Automotive sector benefitted from USMCA amid pivot toward zero-emission, hybrid vehicles: USTR
The United States-Mexico-Canada Agreement (USMCA) has positively affected the automotive sector in the four years since its implementation and automakers are increasingly investing in zero-emission and hybrid vehicles, according to the US Trade Representative (USTR)
July 3, 2024
·
By Alesha Alkaff
Insights
Fastmarkets battery raw materials market update
Read on as Fastmarkets delves into a monthly market update, focusing on the dynamic and fast-evolving sector of battery raw materials
July 3, 2024
·
By Jon Stibbs
Insights
Rio Tinto to install zero-carbon smelting technology ELYSIS at demonstration plant in Quebec
Rio Tinto will install carbon-free aluminium smelting cells at its Arvida smelter in Quebec, Canada, using the first technology license issued by ELYSIS, the company announced on Friday June 28
July 3, 2024
·
By Yasemin Esmen
Insights
Lynas to produce dysprosium, terbium oxide in Malaysia
Australia's Lynas Rare Earths, the largest rare earth product producer outside China, is doubling down on plans to produce separated heavy rare earth products for high-performance magnets in Malaysia, alongside its existing project in the United States, it announced on Thursday June 27
June 27, 2024
·
By Caroline Messecar
Insights
BASF to cancel $2.6 billion nickel-cobalt refining project in Indonesia
German chemical producer BASF announced on Monday June 24 that it will exit a $2.6 billion investment in a nickel-cobalt refining project in Weda Bay, Indonesia due to significant changes in the nickel market since the inception of the project
June 26, 2024
·
By Sybil Pan
Insights
Using low-carbon steel demand to push steel mills’ decarbonization moves: IIO 2024
A low-carbon world will still need steel that can satisfy the diverse demands of a variety of downstream sectors, Frederik Leus, of ArcelorMittal’s Xcarb Business Development section, said in an address to Fastmarkets’ International Iron Ore and Green Steel Summit, being held in Vienna, Austria, on June 25
June 26, 2024
·
By Alice Li
Insights
Rare earth prices stabilize as sellers resist further decreases
China’s magnet rare earth prices were flat in the week to Thursday June 20, with sellers resisting a further price decline amid persisting weak demand, Fastmarkets heard
June 26, 2024
·
By the Fastmarkets team, Solomon Cefai
Insights
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