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The EC's safeguarding measures are needed to keep the European steel market competitive, according to Aditya Mittal.
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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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China’s output and sales of new energy vehicles (NEVs) continued higher in November but lithium prices held steady after falls earlier this year.
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The planned takeover of Cristal by rival TiO2 producer Tronox must overcome further regulatory hurdles before it can go ahead, a US judge has said.
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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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Australian miner Sheffield Resources will raise some A$19 million to begin preliminary work on its Thunderbird mineral sand site.
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GLOBAL LITHIUM WRAP: Lithium spot prices stable on slow spot market activity; focus on contract negotiations; Bullish iodine distributors raise offers to $28/kg but spot price holds firm for now; Chinese soda ash price rises, demand stronger before Chinese New Year; European, US antimony trioxide prices trend lower as year approaches end; PRICING NOTICE: Proposal to discontinue prices in seven minerals markets
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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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Domestic Chinese and cif Asia battery-grade lithium prices were stable week on week on Thursday December 6 after consumers continued to hold back on purchases on sufficient stocks and while negotiating next year’s contract prices.
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Trade log for battery-grade lithium carbonate in China including trades, bids and offers reported to Fastmarkets.
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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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Brazilian apparent steel use will be higher than previously expected during 2018 and is estimated to grow again in 2019 while the industry moves on from a crisis with better economic prospects, local steel association Aço Brasil said on Wednesday December 5.
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Chemours and Southern Ionics Mining have announced that they will jointly develop the Jesup mineral sands mine in the US state of Georgia. Production is expected to begin in 2020.
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Antimony trioxide suppliers continue to reduce prices week on week ahead of the year-end holidays to secure sales in Europe and the United States, amid a slowdown in consumption.
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Increased availability of scrap in China and more stringent pollution controls are boosting the proportion of EAF-based production in the nation's steelmaking capacity, delegates heard at a steel and iron conference in Vietnam.
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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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Short supply being played upon by Chinese fluorspar producers; Rush to sell, slow demand depress seaborne antimony trioxide prices; Iodine consumers lock in contract volumes at above spot prices for first time in two years; Market eyes causes of slowing iodine price momentum; Fastmarkets IM to delist one soda ash price; China acidspar price breaks record high from 2011; PRICING NOTICE: Proposal to discontinue prices in seven minerals markets; GLOBAL LITHIUM WRAP: China’s lithium hydroxide prices down on lower deals
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Quarterly contract prices in the iodine contract market have exceeded spot market levels for the first time in almost two years.
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A joint venture between lithium producer Orocobre and car manufacturer Toyota will bring an 25,000 tonnes per year of lithium carbonate to the market.
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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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Trade log for battery-grade lithium carbonate in China including trades, bids and offers reported to Fastmarkets.
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The China lithium hydroxide price moved down due to lower concluded deals this week, while China’s domestic spot battery-grade lithium carbonate prices and the rest of the world’s battery-grade lithium spot prices kept stable.
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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 mineral sand miner reported that a labor dispute at its Sierra Rutile operation has been resolved with the assistance of the Sierra Leone government.
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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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Alumina producer Nabaltec reported rising demand for boehmite, which is used as a component in lithium ion batteries.
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China’s Lomon Billions has signed a deal that includes a portion of its planned chloride-route titanium dioxide pigment expansion in 2019.
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Global slow demand for antimony trioxide compounds, and the rush among producers to sell material by the year-end, has pushed prices in the global seaborne market down week on week.
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Lyans' rare earth refining facility in Malaysia will close in December after regulators refused to increase production quotas.
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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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Output of unshaped refractory materials in China rebounded slightly in October 2018, attributed to increasing production of alumina-silicon refractory materials.
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The fluorspar market in China is short of supply for export, although this is common at this time of year due to the winter and the long run-up to the Chinese new year. And there is speculation that market participants are using this to achieve higher 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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Australian miner Image Resources has produced the first volumes of heavy mineral concentrate at its Boonanarring mineral sands projects.
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The joint venture will own and operate the Wodgina mine, with the aim to develop an integrated lithium hydroxide operation on site.
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China’s domestic spot battery-grade lithium carbonate price was steady this week due to slow market activity, with just small deals concluded; rest-of-world lithium hydroxide prices fell due to continued low demand.
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Asian TiO2 prices reached new lows this week, with buyers downplaying the chance of cold-weather shutdowns in China.
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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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The Haicheng government has released plans to restart magnesite mining in the region, with estimates it will permit exploring again after government checks next September.
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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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Company growth, production expansion and the ability to attract more investment were the main reasons behind FMC’s initial public offering of shares in Livent Lithium, according to chief executive officer Paul Graves.
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Frac sand miner Covia has reported falling demand amid an oversupplied market, while it closes more frac sand capacity in the United States.
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Henan province in central China has launched a new round of output cuts for the refractories and steel industries to run from November 15, 2018 to March 15, 2019.
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Fastmarkets IM summarizes five key points we learned from the 2018 International Chromium Development Association Conference in Baotou, China’s Inner Mongolia Autonomous Region, over November 6-8.
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After a year characterised by supply tightness and high prices, the widespread perception among participants is that the foundry chromite market may be about to turn.
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China fluorspar price rally continues in run-up to winter; Bearish sentiment brings down foundry, chemical chromite prices; Export prices steady as more Chinese magnesia producers halt production; GLOBAL LITHIUM WRAP: Chinese battery-grade lithium prices stable on reduced stocks near year-end; Amendments to soda ash prices
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