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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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The publication of Fastmarkets’ weekly mineral sands assessment prices for November 14 was delayed due to a reporter error.
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The approach of the International Maritime Organization’s (IMO) 2020 sulfur cap has sparked concern among international shipping companies, with many questioning how they will comply with the new regulation.
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Iluka, the world’s largest zircon miner, says that increasing monazite usage could be the solution to a shortage of new projects.
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Heavy mineral sand production at Base Resources' mine in Kenya stuttered in the third quarter but is increasing, with the company maintaining its full-year output forecasts.
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A pessimistic outlook for rutile demand has prompted suppliers to cut offers to secure spot business, while the zircon market withstood expected weakness for now.
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The mineral sand miner Kenmare reports higher prices for its ilmenite sales.
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Iluka Resources, the world's top zircon producer, believes there are opportunities to explore in the rare-earth refining sector, a senior executive told Fastmarkets at the TiO2 World Summit in Berlin on Tuesday September 2.
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Concerns are growing that titanium dioxide products sold in Europe will need carcinogen warning labels.
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The price of zircon is falling, but not yet as much, or as fast, as some market participants have forecast.
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Controversy over supply and demand prospects and future applications for zirconia dominated discussions at the Zircon Industry Association conference in Dubai earlier in September. Here are some of the major takeaway points.
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Tight supplies of the mineral sand ilmenite has led to a second price increase in two weeks for the titanium dioxide feedstock.
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Base Resources attributed the 15% rise in pre-tax profits to strong zircon and rutile prices outweighing falling production at the Kwale facility in Kenya.
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Trade headwinds created by trade wars and Chinese environmental controls are threatening the demand for zircon from the ceramic industry, according to major producer Iluka.
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The Indian department of atomic energy is the latest government body to take aim at mineral sand mining.
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Pigment maker Kronos showed a fall in second-quarter profit because of lower sales prices and higher raw material costs.
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Tronox sales rose after its acquisition of rival TiO2 producer Cristal, but the legacy business reported falling prices.
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Lower titanium dioxide prices weighed on second-quarter revenues for producer Venator, with “macroeconomic challenges” expected to persist into the second half of the year.
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Chemours has purchesed Southern Ionics Minerals, increasing its access to US-mined ilmenite.
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Increasing demand in various markets for rare earth is increasing levels of interest in the mining of monazite.
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Australian miner Sheffield has new contracted sales for all of the zircon production at its new mineral sand project.
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Rio Tinto is planning a major investment in its South African mineral sand and titanium slag subsidiary, while production volumes bounce back from a troubled 2018.
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Long discarded as trash, interest is growing in the rare earth ore monazite.
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Australian miner Sheffield is focusing on zircon production to meet a growing shortage.
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The International Finance Corp will take 10% of Iluka’s operation in Sierra Leone, with initial investment of $20 million, as rutile prices rise.
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Australian miner Sheffield Resources will sell non-upgraded ilmenite to concentrate on its zircon production.
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The owner of a Crimean titanium dioxide (TiO2) plant faces charges in the United States of planned bribery over an attempt to mine heavy mineral sands in India; he is also under scrutiny in Ukraine.
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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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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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Australia-based miner Mineral Commodities hopes to win the right to extend its license to extract mineral sands from its South African project at Tormin, and has applied to start development of a neighboring property.
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Further constraints in the supply of rutile are pushing the price of the material in Australia to new long-term highs.
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