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Mineral sand miner Iluka has warned that it expects its 2020 rutile sales to be hit by purchaser defaults.
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Spikes in the numbers of Covid-19 infections around the globe are causing a resurgence in the use of lockdown measures, threatening to slow the recovery of economic activity.
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Strandline Resources has moved significantly closer to breaking earth on its Coburn project in Western Australia, with receipt of an Australian $150-million ($103.3-million) investment from the country's government.
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French metals and ore producer Eramet reported an 11% drop in revenues in the first three months of 2020 because of lower steel demand globally, with increased uncertainty about the future due to the Covid-19 pandemic.
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Some metal-product cargoes can now be shipped out of Durban, almost one month after the biggest terminal in sub-Saharan Africa stopped handling such material amid a nationwide lockdown intended to contain the spread of the Covid-19 pandemic, Fastmarkets has learned.
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Mineral sand miner MRC expects to restart activity at its Tormin site in the Western Cape region of South Africa by April 13, before the end of a government lockdown.
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While countries start to lock down their borders to prevent the spread of the novel coronavirus (2019-nCoV), mining companies are beginning to halt production, delay projects and withdraw staff.
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Mineral sands trading activity is looking slow but prices appear to have stabilized heading into the last month of the quarter, in line with market expectations in February.
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Image Resources has resumed the sale of heavy mineral concentrate from its Boonanarring mine in Western Australia, after demand was stalled by the coronavirus (2019-nCoV) shutdown.
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Mineral sand miner Iluka expects the consequences of the novel coronavirus infection to weigh on the already sluggish zircon market in 2020.
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Business activity in the mineral sands markets was seen to be idling in the week to Friday February 7, with worries about the fallout from the coronavirus outbreak in China leading to a cautious outlook, as Declan Conway reports.
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View the Fastmarkets holiday pricing schedule for 2020 and 2021.
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Mounting concern over the effects of the coronavirus outbreak in China are putting pressure on the value of the country’s yuan in global markets, reversing a trend that supported commodity prices earlier this month.
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Titanium dioxide and ilmenite traders are closely watching the rapid spread of a coronavirus infection in central China, with cases reported in many of the industry’s production centers.
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The digitalization of global trade received another push this week, with the International Chamber of Commerce (ICC), the government of Singapore and industry participants signing an agreement to facilitate and accelerate the adoption of technologies in commerce at the World Economic Forum in Davos, Switzerland.
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Beginning in 2020, Fastmarkets will review its pricing methodologies and price specifications across all its Price Reporting Agency (PRA) divisions - Metals & Mining and Forest Products - on an annual basis rather than twice per year.
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A thaw in trade relations between the United States and China is lending broad support to commodity prices, with the yuan strengthening against the dollar.
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Rio Tinto's titanium dioxide feedstock production increased in 2019, despite violence in South Africa leading to the temporary shutdown of its Richards Bay Minerals (RBM) subsidiary.
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Savannah's ilmenite joint venture with Rio Tinto is ready to move ahead after receiving government approval.
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Rio Tinto say the situation at its Richards Bay mineral sands facility remains unchanged, with operations still halted.
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South African state power utility Eskom was forced to implement stage 6 load shedding for the first time ever on Monday December 9 amid a severe lack of generating capacity.
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Mining junior Savannah Resources has been granted a mining licence for its Mutamba mineral sands project in Mozambique, East Africa.
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The surprise stall in activity at a major mineral sand and slag facility has disrupted supply expectations.
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Miner Rio Tinto has suspended operations at its Richards Bay Minerals (RBM) facility in South Africa citing a reprise of unrest and violence, the company said on Wednesday December 4.
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Africa-focused miner Base reports progress on a major new project.
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The publication of Fastmarkets’ weekly mineral sands assessment prices for November 14 was delayed due to a reporter error.
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The approach of the International Maritime Organization’s (IMO) 2020 sulfur cap has sparked concern among international shipping companies, with many questioning how they will comply with the new regulation.
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Heavy mineral sand production at Base Resources' mine in Kenya stuttered in the third quarter but is increasing, with the company maintaining its full-year output forecasts.
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A pessimistic outlook for rutile demand has prompted suppliers to cut offers to secure spot business, while the zircon market withstood expected weakness for now.
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The mineral sand miner Kenmare reports higher prices for its ilmenite sales.
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Iluka Resources, the world's top zircon producer, believes there are opportunities to explore in the rare-earth refining sector, a senior executive told Fastmarkets at the TiO2 World Summit in Berlin on Tuesday September 2.
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Concerns are growing that titanium dioxide products sold in Europe will need carcinogen warning labels.
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The price of zircon is falling, but not yet as much, or as fast, as some market participants have forecast.
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Controversy over supply and demand prospects and future applications for zirconia dominated discussions at the Zircon Industry Association conference in Dubai earlier in September. Here are some of the major takeaway points.
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The Greenland-based mining junior has shipped material from its Dundas project.
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Tight supplies of the mineral sand ilmenite has led to a second price increase in two weeks for the titanium dioxide feedstock.
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Healthy demand for sulfate ilmenite supported a weekly rise in ilmenite concentrate pricing, while zircon was steady cif China and Spain.
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Base Resources attributed the 15% rise in pre-tax profits to strong zircon and rutile prices outweighing falling production at the Kwale facility in Kenya.
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Trade headwinds created by trade wars and Chinese environmental controls are threatening the demand for zircon from the ceramic industry, according to major producer Iluka.
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The Indian department of atomic energy is the latest government body to take aim at mineral sand mining.
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Pigment maker Kronos showed a fall in second-quarter profit because of lower sales prices and higher raw material costs.
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Tronox sales rose after its acquisition of rival TiO2 producer Cristal, but the legacy business reported falling prices.
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Chemours has purchesed Southern Ionics Minerals, increasing its access to US-mined ilmenite.
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Increasing demand in various markets for rare earth is increasing levels of interest in the mining of monazite.
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Australian miner Sheffield has new contracted sales for all of the zircon production at its new mineral sand project.
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Rio Tinto is planning a major investment in its South African mineral sand and titanium slag subsidiary, while production volumes bounce back from a troubled 2018.
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Long discarded as trash, interest is growing in the rare earth ore monazite.
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Australian miner Sheffield is focusing on zircon production to meet a growing shortage.
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MRC is eyeing neighboring property since the grade of mineral sands at its resource started to deteriorate in 2014.
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Australian miner Sheffield Resources will sell non-upgraded ilmenite to concentrate on its zircon production.
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