IN CASE YOU MISSED IT: 5 key stories from January 8

Here are five Fastmarkets MB stories you might have missed on Wednesday January 8 that are worth another look.

Escalating tensions between the United States and Iran have not affected appetite in Southeast Asia for Iranian steel products, sources told Fastmarkets.

Limited buying interest ahead of national holidays has dragged the Shanghai copper premium to its lowest level in almost three years, while copper premiums are stable in Europe and the United States with minimal spot activity for the first week of 2020.

Brazil’s Atlantic Nickel started producing around three months ahead of schedule, and expectations of achieving full capacity have also been brought forward to the second quarter this year, chief executive officer Paulo Castellari told Fastmarkets in an interview on Tuesday January 7.

Jupiter Mines is starting a feasibility study into an expansion project that aims to increase manganese ore output from Tshipi Borwa by 50% to 4.5 million tonnes per year over three years, the company announced on January 7.

North American lithium producer Livent has revised down its financial guidance for fourth-quarter as well as full-year revenues, and is reviewing potential changes to its planned capacity expansion road map, it said on January 7.

What to read next
Saudi Arabia, through its spearheading of a mining and minerals production and consumption push in the Middle East, a region usually associated with oil and gas, is leading neighboring countries to increase their presence in the base metals markets
Indonesia is preparing to invest more in its aluminium supply chain as part of its wider critical metals strategy, Fastmarkets understands
Market sentiment remain mixed on whether the investigation will impact aluminium prices and production
Aluminium premiums in all key regions remained well-supported in the week to Tuesday June 18, amid ongoing reports of tight availability, while market participants in Europe and Asia are focusing on ongoing negotiations for Japanese third-quarter supplies
The Kingdom of Saudi Arabia’s (KSA) ambitious plan to diversify away from oil and into metals will increase local nickel consumption and fund international mining projects, given recent massive investments in nickel-intense industries
Fastmarkets proposes to amend the name of the MB-AL-0231 Aluminium P1020A all-in price, delivered Midwest US, US cents/lb to clarify that the price is based on the London Metal Exchange cash aluminium price.