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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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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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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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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 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 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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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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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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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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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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Bauxite prices in China have increased again over the past fortnight on low restart rates of mining and calcination activities in producing areas, market participants said.
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Chinese sellers continued to look for higher acidspar prices this week but there were question marks over whether there was any material that could be readily exported, meaning that the price held firm on Thursday March 5.
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The battery-grade lithium carbonate price in China broke its steady streak in the week to Thursday March 5 after producers cut offers to meet cash flow needs, while European and US battery-grade prices fell by over 4% week on week.
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Key data from the graphite pricing sessions in Asia and Europe for the week ended Thursday March 5.
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Foundry grade chromite prices fell further over the past week amid ongoing bearish pressure in western markets, leading to a narrowing of the gap to chemical-grade material.
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China’s magnesia market declined over the week to March 3 on weak buyer appetite and sufficient stocks despite current higher transportation costs amid the coronavirus (2019-nCoV ) outbreak.
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Antimony trioxide prices in the United States spike on fears over delays in production and shipping from mainland China due to the novel coronavirus (2019-nCoV).
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Prices for soda ash in Europe and the United States have softened against a backdrop of weaker demand in export markets, resulting in a build-up of product in those regions’ domestic markets – which are also experiencing weak demand.
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Prices of flake graphite in China remained unchanged in the week to Thursday February 27, with factories in Qingdao gradually returning to the markets. But sources warned of possible supply tightness because of logistics disruptions in Heilongjiang, the country’s leading flake graphite production region.
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Battery-grade lithium prices were unchanged in Asia, Europe and the United States in the week to Thursday February 27, with market participants continuing to track the spread of the novel coronavirus (2019-nCov) in South Korea and Europe although both regions are yet to see a great impact on prices, sources said.
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Key data from the graphite pricing sessions in Asia and Europe for the week ended Thursday February 27.
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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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Magnesia producers in the production hub of Liaoning province in China, are beginning to ramp up operations after the local government relaxed its public health emergency status to 'level three' on February 22.
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The price of refractory-grade bauxite rose in the two weeks to Thursday February 20 due to a low production recovery rate and limited logistics in the main Chinese production hub of Shanxi province, while fused alumina remained unchanged on production and delivery uncertainty in Henan.
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Australian producer Galaxy raised production of lithium spodumene in 2019, but sales declined due to lower-than-expected demand in China.
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The outbreak of the novel coronavirus (2019-nCoV) and the subsequent slowdown in China, one of the world’s largest iodine consumers, is yet to have an impact on the iodine spot market, as the price held firm this week.
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Key data from the graphite pricing sessions in Asia and Europe for the week ended Thursday February 20.
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For a second consecutive week, sellers of acidspar in China have tested the market with higher offers but Fastmarkets’ price assessment held firm because there were no deals concluded for any significant volumes.
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Fastmarkets is extending the consultation period for the launch of a new barite price: barite, SG 4.0, unground lump, bulk, cif US East Coast, $ per tonne
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Fastmarkets proposes changes to the specification of three titanium dioxide prices.
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Chrome factories in China's Hubei and Sichuan provinces have gradually returned to operation since February 10 but demand for chemical-grade chromite will be hit been hit by the coronavirus outbreak, market sources warned.
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Australia-based lithium miner Orocobre has agreed to acquire Advantage Lithium to consolidate its position as a leading producer in Argentina.
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China’s magnesia market continued to step up operations this week, with more businesses returning to work, but production and supply remain sluggish due to a lack of workers.
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China’s output and sales of new energy vehicles (NEVs) fell by more than 50% year on year in January 2020.
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A recovery of China’s bauxite and fused alumina production remained uncertain in the major production hubs of Henan and Shanxi provinces due to the coronavirus outbreak, creating concern about supply and delivery of the refractory material in the short term.
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Iodine vendors in Japan have reported achieving higher prices in the week ended Friday February 14, continuing the slow climb seen since the start of the year.
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The price of acidspar in China has remained flat week on week, with thin market activity because many producers have not yet resumed full production due to the effects of the novel coronavirus (2019-nCoV) outbreak in the country.
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