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Refractory producer RHI Magnesita reported falling revenues in 2019 due to customer destocking and weaker
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The Chinese domestic spot battery-grade lithium carbonate price fell by 1.1% on Thursday April 2 due to reluctance on the buy side to accept higher prices.
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Most prices were steady in the graphite markets in China and Europe over the past week, but demand was softening under the effects of the Covid-19 pandemic on global logistics.
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Calcined alumina prices remained stable in early April after a decline over previous months, with both producers and consumers assessing the consequences of the Covid-19 pandemic for local operations.
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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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Fastmarkets is proposing to amend the frequency to two of its soda ash prices.
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Silicon carbide prices for refractory applications weakened in the month ended Tuesday March 31 because the spread of the Covid-19 pandemic and its economic consequences hit demand for the material in end-markets.
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Antimony trioxide prices edged lower in the seven days to Tuesday March 31 in response to dwindling demand due to the economic consequences of the coronavirus pandemic.
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A government-decreed lockdown in India has resulted in closed factories and import and export markets stalled by a lack of workers for the transport and processing of goods.
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The total output of refractory materials in China increased by 3.7% year-on-year to 24.31 million tonnes in 2019. But most refractory raw materials prices were still under downward pressure.
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Australian graphite producer Syrah Resources reported a heavy annual loss owing to lower year-on-year electric vehicle sales growth in China during the second half of the year and an increase in the supply of battery raw material.
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The Covid-19 pandemic has opened up financing opportunities for metals and mining-focused investment firms. It’s also created a problem.
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Oil drilling activity in the United States has fallen sharply with the price of the commodity tumbling, which will in turn sap the demand for frac sand and other oilfield minerals.
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Australian graphite producer Syrah Resources has announced that it will suspend graphite production at its Balama site in Mozambique from Saturday March 28.
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The Chinese domestic spot battery-grade lithium hydroxide price fell by 3.7% on Thursday March 26 after nearly four months' stability, while markets in the rest of the world were subdued due to the spread of the Covid-19 virus.
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Australian lithium-spodumene company Altura Mining lowered its production and sales guidance for lithium spodumene in the first quarter of 2020, it said on March 27.
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Key data from the graphite pricing sessions in Asia and Europe for the week ended Thursday March 26.
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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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Global crude steel production rose 2.8% year on year in February, according to the Worldsteel Association (Worldsteel), with a strong performance from steel mills in China.
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Australian lithium spodumene concentrate producer Pilbara Minerals said on Wednesday March 25 that it has secured a five-year offtake agreement to supply spodumene concentrate from its Pilgangoora lithium-tantalum project in Western Australia to Chinese lithium manufacturer Yibin Tianyi.
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The Chinese market for dead burned magnesia (DBM) softened over the week to Wednesday March 25 due to a lack of downstream buying and strong stock levels, with the spread of the 2019-nCoV coronavirus pandemic curbing global demand.
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Antimony trioxide prices in Europe and the United States held steady in the week ending Tuesday March 24, even as demand weakened amid the intensification of the novel coronavirus (2019-nCoV) outbreak, with some suppliers reportedly unwilling to drop their offers.
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South Africa’s troubled chromite industry appeared to have been temporarily halted by the decision announced by President Cyril Ramaphosa on Monday March 23 to impose a stoppage on the operations of the country’s mining sector.
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South Africa will enter a 21-day nationwide lockdown from midnight on Thursday March 26 and ordered the country’s metals and mining operations to be placed on care and maintenance.
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Major lithium producer Tianqi Lithium Corp has postponed the commissioning of the first phase of its battery-grade lithium hydroxide processing plant in Kwinana, Western Australia, due to rising liquidity issues following the outbreak of the novel coronavirus (2019-nCoV).
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Fastmarkets will continue to provide the price data, news and analytics you rely on in these turbulent times.
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Fastmarkets has amended the specifications of three of its titanium dioxide prices and discontinued one price.
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Poor availability has continued to support prices for refractory-grade bauxite over the past fortnight, while the price for white fused alumina (WFA) ticks upward and brown fused alumina (BFA) remains flat.
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The world’s largest steelmaker, ArcelorMittal, has announced that it intends to reduce steel output at its European plants due to the 2019-nCoV coronavirus pandemic, the company said on Thursday March 19.
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The Chinese domestic spot battery-grade lithium carbonate price fell by 2.1% on Thursday March 19 hitting a new low, with more European carmakers closing production due to the spread of the coronavirus (2019-nCoV) and market participants feeling increasing pressure on the whole market.
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Key data from the graphite pricing sessions in Asia and Europe for the week ended Thursday March 19.
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ArcelorMittal Poland had decided to postpone the restart of its blast furnace (BF) at its Krakow plant, the company said on Tuesday March 17.
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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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Automotive manufacturers in Europe have announced temporary production shutdowns at sites throughout the continent, because of the problems being created by the measures taken by governments to restrict the spread of the 2019-nCoV coronavirus outbreak.
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More European steel producers have announced production cuts and equipment stoppages because of the measures being taken to combat the 2019-nCoV coronavirus pandemic, sources told Fastmarkets on Wednesday March 18.
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China’s magnesia prices remained largely rangebound this week on concerns about the potential impact of the novel coronavirus (2019-nCoV) on global demand.
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Antimony trioxide prices in Europe and the United States have remained mostly steady over the seven days to Tuesday March 17, with the market staying flat and no new business activity reported.
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European car manufacturers have announced temporary stoppages at production sites across Europe due to the 2019-nCoV coronavirus pandemic, Fastmarkets learnt on Monday March 16.
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China’s crude steel output increased in the first two months of the year despite the spread of novel coronavirus (2019-nCoV) across the country in February, according to data released by National Bureau of Statistics (NBS) on Monday March 16.
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Galaxy Resources expects to meet its production target of around 14,000-17,000 dry metric tonnes (dtm) of lithium concentrate for the first quarter of 2020 at its Western Australia spodumene project, Mt Cattlin, following the resumption of activities there in February.
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The Chinese domestic spot battery-grade lithium carbonate prices stabilized temporarily on Thursday March 12 after a slight decrease last week. Market in other regions outside of China remained flat with market participants worrying about economy slowdown due to the spread of nCov-2019 (coronavirus) globally.
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Flake graphite prices for +894 and +194 grades rose in the week to Thursday March 12 amid continued logistical disruptions in Heilongjiang province brought about by the novel coronavirus (2019-nCoV) and seasonal suspensions in the province.
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Key data from the graphite pricing sessions in Asia and Europe for the week ended Thursday March 12.
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Assore is proposing to buy back its shares and delist from the Johannesburg Stock Exchange (JSE) after 70 years as a listed company, the South African mining group said on Monday March 9.
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Australian lithium miner Argosy Minerals has announced that it will ship a 5-tonne trial cargo of high quality >99.5% lithium carbonate to Japan’s Mitsubishi Corp RtM by the end of March.
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Most antimony trioxide prices in the United States and Europe edged downward in the week to Tuesday March 10 because of weak demand. But some European market participants spoke of continuing disruptions to supply chains created by a lack of available containers for shipping.
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Iodine sellers were testing buyers with spot market offers above Fastmarkets' range, but the price held steady due to a lack of confirmed deals.
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Delays to exports of minerals from China are inevitable as a result of the nation’s battle to contain the spread of novel coronavirus. Davide Ghilotti and Carrie Shi made a mid-February assessment of the impacts.
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The specialty alumina market continues to suffer bearish pressure of weak end market conditions and high availability, forcing suppliers to give in to price cuts to move volumes.
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Member mills of the China Iron & Steel Association (Cisa) cut their daily steel output rates and stock levels in late February, but spot market inventories continued to rise, according to data released late on Thursday March 5.
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