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Rallying Chinese titanium dioxide prices so far this year are driven by feedstock shortages and robust economic activity, sources told Fastmarkets on Thursday April 8.
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High demand for bulk vessel space for mineral raw materials exported from China is driving costs for this transport option higher, with market participants reporting an array of factors that are affecting trading conditions and delivery timelines.
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Fastmarkets proposes to reduce the frequency of its mineral sand price assessments.
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US-based titanium dioxide producer Chemours has forecast double-digit-percentage volume growth in 2021, with the company regaining market share.
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Mineral sand miner Base Resources has reported a recovery in ilmenite demand, after demand for pigment stayed resilient through 2020.
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As many as one-third of the current global portfolio of tailings storage facilities (TSFs) are impaired and in need of urgent intervention, according to the Switzerland-based Responsible Mining Foundation (RMF).
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Mineral sand miner Kenmare has forecast increases in output in 2021 after upgrading its facilities at Moma, Mozambique.
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View the Fastmarkets holiday pricing schedule for 2021 and 2022.
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The United Kingdom and European Union have reached an agreement on a trade deal that will ensure tariff-free trading of most goods between the country and the bloc after December 31 when the withdrawal transition period ends, easing metals and minerals market participants’ fears of logistics paralysis and material shortages.
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The US titanium dioxide producer Chemours has signed an offtake agreement to sell monazite ore from its mineral sand mines in Georgia for uranium and rare earth production.
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Mineral sand miner Kenmare Resources has reported a temporary drop in production at its Moma mine in Kenya.
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Mineral sands miner Iluka reported rising sales of zircon and natural rutile in the three months to September 2020, in a results report released on Wednesday October 14.
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With less than one month remaining before the presidential election in the United States, Fastmarkets takes a look at how the two main candidates’ platforms could affect the mineral markets.
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Fastmarkets opened a consultation on September 1, 2020, inviting feedback on its industrial minerals methodology in line with our annual methodology review process.
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Shareholders in Australian mineral sand miner Iluka will vote on whether to spin-off an iron ore royalty business, to allow the company to focus on core business plans.
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Fastmarkets is inviting feedback from the industry on its pricing methodology for its industrial minerals, as part of its annual methodology review process and compliance with the International Organization of Securities Commissions (IOSCO) principles for PRAs.
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Mineral sand miner Kenmare Resources has reported lower sales volumes because of the falling of quality of ore from its mine in Mozambique.
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Mineral sand miner Iluka has reported a drop in revenues for January-June 2020, driven primarily by lower zircon sales and pricing.
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Sheffield Resources has announced a joint venture with Chinese steel producer Yansteel to develop the Thunderbird mineral sand project to supply ilmenite for titanium dioxide production.
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Mineral sand miner Base Resources has noted strong demand for ilmenite, while also reporting production volumes that were above guidance for the half-year January-June 2020.
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The publication of Fastmarkets’ mineral sand assessments for July 23 was delayed due to a reporter error.
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Mineral sand miner Kenmare Resources has reported a sharp drop in shipments in April-June 2020, with vessels delayed by poor sea conditions.
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Mineral sands miner Image Resources has sold 100,000 tonnes of excess heavy mineral concentrate to its existing offtake partners, after slow demand due to the Covid-19 pandemic caused a build-up of inventories at its mine in Western Australia.
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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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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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Tronox, one of the world’s largest producers of titanium dioxide, is to buy Eramet’s titanium slag facility in Norway.
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The latest forecasts from Fastmarkets' team of analysts is ready to view.
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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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Beijing has taken measures to resuscitate its sluggish logistics sector by cutting port fees in a bid to encourage businesses to increase their import and export activities.
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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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The novel coronavirus (2019-nCoV) is set to accelerate what the trade wars started: the diversification of global supply chains.
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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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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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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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Mineral sand miner Base attributed the higher production forecasts at its Kenya site to investments to counter ore depletion.
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Global miner Rio Tinto will restart mining of mineral sand after meeting the KwaZulu-Natal provincial premier to discuss incidences of criminal violence directed at its employees.
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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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