IN CASE YOU MISSED IT: 5 key stories from June 28

Here are five Fastmarkets MB stories you might have missed on Friday June 28 that are worth another look.

Nyrstar has confirmed that its lead smelter at Port Pirie, Australia, will resume operations in the second week of July, extending its previous estimates of a late-June restart, Fastmarkets learned on Friday June 28.

ERG partially restarted production of cobalt metal at Chambishi in Zambia during June.

June blister copper refining charges have dropped below the annual benchmark level due to tighter spot supply following Konkola Copper Mines’ halt to output as well as rising demand due to scrap shortages.

Australian spodumene miner Galaxy Resources has delayed one shipment of 15,000 tonnes of lithium spodumene previously planned for the second quarter from its Mount Cattlin nameplate operation in western Australia, it said on June 26.

Cheaper H2 scrap from Japan is likely to limit the large quantities of heavy melting scrap coming into the region from the United States, at least in the near term, market sources told Fastmarkets.

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Freeport-McMoRan is in the process of ramping up its new copper smelter in Gresik, Indonesia, in a move that has seen the company switch away from being a marketer of concentrates as it becomes a fully integrated producer in the country, the company's chief executive officer Kathleen Quirk told Fastmarkets in an interview during the London Metal Exchange (LME) Week 2024.
Long-term demand trends in the copper sector may reduce cyclical price moves driven by short term factors impacting sentiment, Freeport-McMoRan's chief executive officer Kathleen Quirk told Fastmarkets in an interview during the London Metal Exchange (LME) Week 2024.
The publication of Fastmarkets’ price assessments of calcined alumina on Thursday October 3 were delayed due to a reporter error. Fastmarkets’ pricing database has been updated.
The publication of Fastmarkets’ India import aluminium scrap price assessments for Wednesday October 2 were delayed because of the Gandhi Jayanti public holiday in India. Fastmarkets’ pricing database has been updated.
Chilean copper producer Codelco has not yet concluded negotiations for its 2025 premium offer to European customers but remains optimistic that the recent stimulus in China will provide a further boost to demand, the company’s chairman told Fastmarkets.
The copper concentrates market was suffering from a dislocation that would probably lead to smelting cuts, the chairman of Chilean state-owned producer Codelco has said.