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Contract negotiations continue to lend upward support to some grades of ground calcined alumina, while unground material prices held steady.
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The expectation of higher prices in 2019, alongside tighter availability of material, has started pushing up silicon carbide prices in Europe.
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The iodine spot market held firm this week, despite European distributors continuing to test the market with high offers - this time in response to additional inquiries received.
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Soda ash consumers are looking to fill inventories before Chinese producers suspend operations for their annual national holiday, which is pressuring prices higher.
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Mine production rates of chromite with 44-48% Cr2O3 content remained stable in June-August while sales showed further growth, perpetuating a significant gap between output and traded volumes.
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A reorganization within SQM's senior management has meant that Daniel Jimenez, SQM's senior commercial vice president, will be leaving the company.
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The graphite miner now expects production to reach 101,000-106,000 tonnes in 2018, down about 39% on average from April targets, as a consequence of an outage in October and a slower-than-expected ramp up.
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Tianqi's acquisition follows a lithium industry strategy of asset diversification into both brine and hard rock operations.
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The fall in Chinese spot lithium prices has been at a faster pace than the fall in US and European prices, throwing up differences in opinion about contract prices in supply deals for 2019.
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Fastmarkets IM is opening a market consultation to seek feedback on its proposal to discontinue a range of prices across seven different markets.
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Market tightness continues to be reflected in China's fluorspar prices, which have now broken previous highs set seven years ago.
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The rise in iodine contract prices have slowed in the second half of 2018, with one market source pointing to large volume contracts signed when prices were lower.
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Following the previous consultation that began on October 26, Fastmarkets IM has suspended one of its soda ash prices.
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SQM’s lithium sales were down quarter on quarter at the end of September 2018 because of delays in production expansion and stronger prices for iodine and lithium.
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GLOBAL LITHIUM WRAP: Chinese lithium prices unchanged in quiet market, seaborne hydroxide prices fall; Asian TiO2 prices ease, with Chinese winter supply squeeze less likely; Iodine price continues to edge up despite rejection of higher distributor offers; Magnesite mining in Haicheng hub to restart after September 2019; Sluggish demand pushes down antimony trioxide prices.
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Iodine price increases have slowed since the last week of July despite the market remaining under-supplied, but distributors have continued to test consumers with offers slightly above current market prices.
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Domestic and seaborne prices for antimony trioxide have fallen over the past week in Asia, Europe and the United States, with producers citing slow demand and good stock levels among consumers.
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Fastmarkets IM Correspondent Sunder Singh looks at India's titanium dioxide supply and demand dynamics, as well as the future of the industry.
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Tighter supply in the fluorspar market has put pressure on raw materials and fluorine-derived product prices, while new products and increasingly fragmented end-user markets are creating widespread uncertainty.
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Lynas is calling for fairness from the Malaysian government during its environmental investigation.
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Iofina's CEO predicts stronger iodine prices for the rest of 2018, he told Fastmarkets IM.
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SQM is citing risk to free competition in its opposition to China's Tianqi Lithium acquiring a 24% stake in the Chilean miner currently held by Canada's Nutrien.
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Key takeaways from the 61st International Colloquium on Refractories, held September 25-26 in Aachen, Germany
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Attendees discuss how market participants will secure supply for the coming year, and how prices are expected to perform going forward.
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The fluorspar market is currently undersupplied and
in need of a new non-Chinese producer to bring relief
to the tightness in Europe and North America - enter Canada Fluorspar
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