IN CASE YOU MISSED IT: 5 key stories from June 18

Here are five Fastmarkets MB stories you might have missed on Tuesday June 18 that are worth another look.

Chilean state-owned copper producer Codelco is running its Chuquicamata division at half capacity, due to strike action by three unions at the site in northern Chile.

GFG Alliance, the parent of Liberty Steel USA, is open to possible mergers, a top company executive told attendees during a keynote presentation at the Steel Success Strategies XXXIV conference in New York on Tuesday June 18.

Pala Investments will buy 100% of the remaining shares in Cobalt 27 for Canadian $501 million ($374 million), the companies said on June 18.

Production of battery materials, including cobalt sulfate and nickel sulfate, at Guangxi Yinyi Advanced Material will not be affected by the bankruptcy of its parent company, Yinyi Group, Fastmarkets understands. 

Ferro-silicon prices in China were steady in the week ended June 14 with the release of a largely unchanged benchmark tender price, firm futures and tighter availability for prompt material providing support.

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Fastmarkets proposes to amend the frequency of the publication of several US base metal price assessments to a monthly basis, including MB-PB-0006 lead 99.97% ingot premium, ddp Midwest US; MB-SN-0036 tin 99.85% premium, in-whs Baltimore; MB-SN-0011 tin 99.85% premium, ddp Midwest US; MB-NI-0240 nickel 4x4 cathode premium, delivered Midwest US and MB-NI-0241 nickel briquette premium, delivered Midwest US.
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Copper recycling will become increasingly critical as the world transitions to cleaner energy systems, the International Energy Agency (IEA) said in a special report published early this week.
Fastmarkets proposes to lower the frequency of its assessments for MB-AL-0389 aluminium low-carbon differential P1020A, US Midwest and MB-AL-0390 aluminium low-carbon differential value-added product US Midwest. Fastmarkets also proposes to extend the timing window of these same assessments to include any transaction data concluded within up to 18 months.
Fastmarkets invited feedback from the industry on its non-ferrous and industrial minerals methodologies, via an open consultation process between October 8 and November 6, 2024. This consultation was done as part of our published annual methodology review process.