IN CASE YOU MISSED IT: 5 key stories from March 26

Here are five Fastmarkets MB stories you might have missed on Tuesday March 26 that are worth another look.

The London Metal Exchange has announced a six-month suspension of listing fees for new cobalt brands on the exchange in a note to members on Tuesday March 26 amid emerging liquidity concerns from producers.

There are no concerns surrounding the availability of bauxite to meet ongoing aluminium supply chain growth, industry executives said at Fastmarkets’ 25th Bauxite & Alumina conference in Miami on March 26, noting that the key to ensuring access to it is improving community and government relationships. Additionally, new regulation to decommission upstream tailings dams in Brazil is necessary to ensure the safety of the community but should not reduce bauxite production, Milton Rego, deputy president of Brazilian Aluminium Association Abal, said at the same conference. 

MMG will declare force majeure on copper concentrate sales contracts from the Las Bambas mine in Peru, the mining company said on Tuesday in a notice to the Hong Kong Exchange. 

Most of Norsk Hydro’s operations are now running at normal capacity one week after the company was hit by a cyber attack, the Norwegian aluminium producer said on March 26.

Physical iron ore prices stayed rangebound for a second day on March 26, with market participants waiting on news of the full impact of Cyclone Veronica on Australian iron ore operations.

What to read next
US President Joe Biden will increase tariffs on Chinese imports including steel and aluminium, electric vehicles, semiconductors and advanced batteries, to counteract China’s “unfair” trading practices, he announced on Tuesday May 14
Anglo American's rejection of takeover bids by BHP has put copper firmly under the spotlight, but what challenges lie ahead for the red metal as the corporate tussle continues?
Copper fabricators in China and the wider Southeast Asian region continue to feel the pain of high copper prices on futures exchanges and a lack of new orderbooks, with some having already asked for a postponing of shipments of long-term copper cathodes, sources told Fastmarkets in the week to Wednesday May 15
Recent weeks have seen a significant number of miners agreeing sales of copper concentrate to traders for one to four years of supply, Fastmarkets has learned
The copper market is facing a historical moment with Chinese smelters now paying premiums for raw material copper concentrate while selling their finished product at a discount, but participants point to easing concentrate demand in the second quarter as supportive for the market
The new tariffs on aluminium imports imposed by Mexico are affecting the light metal's supply chain, trade flows and premiums, sources told Fastmarkets during the week to Friday May 3.