Latest News

  • Elementis acts to reduce costs as currency losses continue to bite

    Friday, 30 October 2015

    The UK-listed chemicals company said it would take action to reduce its cost base as sales in its speciality products division fell by 20% in Q3 on a reported basis and 7% on a constant currency basis as a number of factors, including currency exchange, China’s slowdown and the weak oilfield sector, adversely affected results.

  • Sales drop 10% for Elementis as slow oil market bites

    Tuesday, 28 July 2015

    Profits and revenues fell in tandem for the UK-listed speciality chemicals maker, with low oilfield activity knocking 30% of its sales income in this area, while growth in coatings was undermined by weakness in Asia and Europe. Chromium chemicals sales dipped by 5% but operating profit remained flat year-on-year.

  • Pace of US drill rig count decline softens

    Thursday, 11 June 2015

    The worst of the effects of the oil prices on oil exploration and thus industrial mineral demand from drilling activity appears to have passed. With high-cost rigs now removed from the demand equation, the decline in the drill rig count has slowed, a rare positive development in a depressed oilfield minerals market.

  • US horizontal drill rig count illustrates the scale of shale slowdown

    Monday, 09 March 2015

    The latest drill rig count data released by Baker Hughes gives an indication of the scale of the slowdown in shale exploration, which has occurred since the substantial reduction in oil prices which started in mid-2014.

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  • Critical materials show mixed price performance in 2014

    Saturday, 10 January 2015

    Falling energy prices hit demand for cleantech minerals; CRMs on par with base and precious metals in 2014

  • Oilfield minerals - a shifting landscape

    Tuesday, 27 May 2014

    North American demand for oilfield minerals has never been stronger, but now other countries, such as China, are looking to increase their production of oil and gas from shale reserves. As a result, the global proppant and drilling mud industries are seeing changes in traditional supply chain patterns, exacerbated by new regulations and changes to product requirements, Emma Hughes, Deputy Editor and Nilima Choudhury, Chief Reporter, discover.

  • Lithium’s clay play

    Tuesday, 23 March 2010

    Western Lithium is vying to break into the industry’s elite through the world’s first production of lithium from hectorite clay, timing it to coincide with an expected demand boom from the electric car market

  • Minerals' plastic future

    Monday, 03 November 2008

    Innovations are expanding markets for mineral use in plastics, demand for which is forecast to rise in the long term. Alison Russell reviews trends in plastics usage and end markets, and industrial mineral consumption

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