IN CASE YOU MISSED IT: 5 key stories from August 12

Here are five Fastmarkets MB stories you might have missed on Monday August 12 that are worth another look.

The main works at China Hongqiao Group were reported to have suffered from severe flooding caused by Super Typhoon Lekima, Fastmarkets learned, but the company has denied claims that it has been forced to stop production.

Nyrstar’s Port Pirie lead smelter in South Australia has incurred another production setback and its TSL furnace will be closed “for a number of weeks” for repairs, the company confirmed to Fastmarkets.

Peru’s Matarani port remained partially closed on Friday August 9 amid an indefinite strike being carried out in the southern province of Islay, making copper concentrate exports intermittent, according to multiple sources.

Investors are optimistic of the future of Brazilian mining under the new federal government and there should be new opportunities in the industry, Appian Brazil chief executive officer Paulo Castellari told Fastmarkets.

The London Metal Exchange has extended the consultation period on the issue of using electronic closing prices until September 30, 2019.

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Brazil's aluminium industry is further enhancing its sustainability by boosting renewable energy use and recycling, while mitigating risk from high-carbon imports
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European copper demand, particularly for wire rod, remains strong and seems to be outpacing broader macro-economic growth in the region, the chief executive officer of German producer Aurubis has said.
The process to place the smaller and less efficient of the two processing plants at Los Bronces on care and maintenance is expected to be completed by mid-2024 and comes as the company pushes value over volume, the chief executive officer of Anglo American Chile said
The near-term prospects for Chinese copper smelting capacity amid near-zero treatment charges (TCs) will, to a certain extent, depend on plants’ exposure to spot TCs, the chief executive officer of Rio Tinto’s copper division said on Tuesday, April 16
It will be very difficult for many Chinese copper smelters to compete with treatment and refining charges (TC/RCs) at record lows, according to the chairman of Chile’s state-owned copper producer Codelco