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Fused magnesia prices fell in Europe in June while prices eased in China.
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Fastmarkets has identified seven main takeaways on the lithium market from Fastmarkets’ 11th Lithium Supply and Markets Conference in Santiago last week.
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Global antimony trioxide prices fell slightly due to continuing quiet demand, sources told Fastmarkets IM this week.
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Syrah has signed a sales agreement with Gredmann Group in China for the export of graphite flake fines.
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Australian miner Sheffield will delay ilmenite roaster construction at Thunderbird to concentrate on supplying the strong zircon market.
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Chinese magnesia market remains weak due to increasing stocks and slow buying activity from downstream buyers.
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Fastmarkets IM has today discontinued its price for acidspar, 97% CaF2, wet filtercake, cif, US Gulf Port, USA, $/tonne.
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Vietnam's tungsten miner Masan Resources has hired former Amalgamated Metals Corporation (AMC) trader William Parry-Jones, the company told Fastmarkets on Thursday June 13.
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The latest data from official Chinese sources shows that domestic production in the country has continued to increase after dipping last summer due to environmental inspections.
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Metspar was trading at higher levels than acid-grade material, market participants said this week, but Fastmarkets IM's fluorspar price assessments remained unchanged due to a lack of confirmation from the buy-side of the market.
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Pilbara Minerals will restrict its lithium production in June and July due to reduced demand in the second quarter of 2019 caused by delays in the commissioning of chemical conversion capacity by the company's key offtake partners in China.
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Chinese state media is suggesting that the country will try to restrict the use of its rare earths by the US military, a move that is unlikely to scare buyers but is good news for non-Chinese producers.
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The iodine spot price range reached its widest point for three and half years last week as prices from Japan continued to lag behind increases instigated by Chilean sellers.
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Refractory grade brown fused alumina (BFA) sellers report thin trading conditions on low demand, but concerns over availability are sending mixed messages to the market, sources said this week.
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Having already missed several of its own production deadlines, Sepfluor is still yet to produce any material at 97% grade, three sources have told Fastmarkets IM.
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Chinese imports from the US of products including metals concentrates and non-ferrous and ferrous scrap are eligible for two rounds of applications for exclusion from Chinese tariffs, according to a new policy document seen by Fastmarkets.
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Prices of refractory-grade bauxite have proved resilient of late despite the slowdown in demand in Europe and other major consumer 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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China’s domestic lithium market remained weak over the week ended June 14, with lithium hydroxide prices drifting lower while the lithium carbonate market remained flat.
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US-based iodine specialist Iofina has been approved by the Kentucky state authorities to research and produce cannabidiol oils, and has announced a new subsidiary to focus on these products.
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Key data from the graphite pricing sessions in Asia and Europe for the week ended on Thursday June 13.
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Chile's ministry of mining has been given a mandate to boost production of lithium in the country to meet the expected growth in demand over the next 10 years.
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The flexibility to either produce lithium carbonate or hydroxide is essential to surviving in the lithium industry in the coming years, market participants said at Fastmarkets’ 11th Lithium Supply and Markets Conference in Santiago, Chile, on Tuesday June 11.
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Global lithium demand could outpace supply in the coming years, with the number of new projects expected to fall short of expected consumption amid doubts on capital availability and low prices, market participants said on Tuesday June 11 at Fastmarkets’ 11th Lithium Supply and Markets Conference.
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Nuances in demand require tailored approach to producing lithium hydroxide and lithium carbonate, delegates said at Fastmarkets’ 11th Lithium Supply and Markets Conference in Santiago.
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Minor metals could become the next commodities to be caught up in the trade war between the United States and China, market sources have warned. But the effects on the prices for gallium and antimony have so far been minimal.
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China’s output and sales of new energy vehicles (NEVs) showed sluggish growth in May 2019 compared with previous four months, while lithium prices weakened because of quiet buying activity.
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Use of lithium-ion batteries containing more than 60% nickel is growing but will not dominate for the next few years, delegates at Fastmarkets’ 11th Lithium Supply and Markets Conference in Santiago said.
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Higher prices in March and April led to a 16.5% fall in exports of finished steel products in May 2019.
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Fastmarkets has been pricing lithium for more than 30 years and other metals, mining and forest product markets for over 100 years.
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Government incentives for electric vehicle (EV) production, which up until now have mostly been subsidies, are slowly starting to shift into supportive legislation for the sector, market participants said at Fastmarkets’ 11th Lithium Supply and Markets Conference on Monday June 10.
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EV-inspired price volatility in lithium creates a need for risk management tools, the London Metal Exchange said
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Fastmarkets and the London Metal Exchange will collaborate on a price benchmark for lithium and related risk-management tools.
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Key data from the graphite pricing sessions in Asia and Europe for the week ended Thursday June 6.
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The International Finance Corp (IFC) is to invest $60 million in extending the mine life of Iluka Resources' Sierra Leone mineral sands project.
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The price in China’s domestic market for battery-grade lithium carbonate moved down week on week on slow demand because of the forthcoming Dragon Boat Festival on June 7-9; prices in the rest of the world were stable.
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Fastmarkets IM has corrected the date of assessment of its calcined alumina monthly contract prices, which were published incorrectly on May 30 due to a reporter error.
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The non-metallurgical chromite market remains sluggish in major consuming regions.
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Australian and Malaysian politicians are set to meet, with the future of rare earth miner Lynas likely to be top of the agenda.
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US President Donald Trump is attempting to place a tariff on Mexico-origin imports, which would levy an initial 5% tariff on 300,000 tonnes of fluorspar.
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China’s fused magnesia market has continued its downward trend in response to increasing stocks and weakening demand from the downstream refractory sector, pushing prices down to a two-year low.
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Major producers of antimony in China have been asked to restrict their production to help stem the slide in the price of the metal.
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Earnings in January-March 2019 at the Norwegian aluminium producer were badly affected by the restrictions on production at its Alunorte refinery, and by lower prices and higher costs.
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The global market for antimony trioxide continues to soften week on week on poor demand and sufficient supplies. Producers of antimony in China gathered last week to explore ways to prevent further drops in the price.
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Fastmarkets has begun price assessments of single carbon-grade, fixed mesh-size flake graphite because the evolution of the market demands greater depth and detail of pricing data for the industry. It is also launching a tool to calculate prices for different grades of flake material.
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Mutares has added wire and steel rope maker TrefilUnion to its earlier acquisition of Aperam's French stainless welded tubes division.
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Frac sand prices are weighed down by constraints on demand and ample supply, but prospects are better for the rest of the year, Zig Vitols says.
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Chinese exports of fused magnesia were down on an annual basis in April on reducing buying activity, while dead burned magnesia and caustic calcined magnesia shipments rose.
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Lithium spodumene prices have fallen by 2.3% month on month on low carbonate and hydroxide prices in China, with global lithium contract prices also softening in reaction to the lower lithium price in China.
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Prices for metallurgical-grade fluorspar have risen above those for acidspar in China for the first time in more than two years, despite reports that demand in China is picking up.
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