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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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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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Tightening supply gives zircon, rutile prices a boost as Q2 gets underway; PRICING NOTICE: Discontinuation of wollastonite prices; Chinese lithium market remains slow but prices rise globally; Low-grade magnesia prices fall while stocks rise; Foundry chromite prices strengthen; chemical grade stable; PRICING NOTICE: Discontinuation of sulphur prices
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Industrial Minerals has discontinued the prices for nine grades of wollastonite today.
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Prices rise further in chemical, foundry grade chromite markets; High-grade DBM prices leap on lack of raw material; Lithium prices rise in China after new year break; Chinese TiO2 producers cite yuan appreciation as they push for price risesPrice Notices
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Industrial Minerals proposes to discontinue its Wollastonite prices.
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As we enter into a new year, I wanted to update you on some of the changes and significant developments the global Industrial Minerals team is working on to ensure that the market information and prices that we provide you with are of the utmost relevance to your business.
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The company cites rising costs for its price increases at the segment producing talc, mica, and wollastonite.
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CEO tells investors future is bright as Q3 results saw the company's expansion strategy pay dividends. The refractories market remains weak, however.
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The publication of Industrial Minerals’ price assessments will be affected by the Christmas holidays.
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Imerys’ executives believe the most challenging phases in the market have now passed, as the company posts positive results and bets on the recent SPAR acquisition and the positive progress of the Alteo takeover to revamp its refractory and foundry operations.
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The positive injection of revenues from strategic acquisitions carried out in 2015 has been key for Imerys’ finances, as the company recorded improvement in both revenues and margins in the nine months of 2016. The refractory divisions remain weak, as the Alteo merger is hoped to be concluded by year-end.
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China’s demand for ceramic tiles is shrinking as the industry will increasingly rely on other markets including Vietnam, India and Brazil to drive consumption in the coming years.
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China’s demand for ceramic tiles is shrinking as the industry will increasingly rely on other markets including Vietnam, India and Brazil to drive consumption in the coming years.
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The decline in oil and gas prices continued to bite as global chemicals producer BASF noted a 24% decline in sales for the second quarter. However, the company has seen positive activity in its coatings segment, particularly an increase in demand from the automotive market in China.
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UK-based ceramic operators listed export tariffs, bureaucracy costs and regulation vacuum as potential hurdles that Brexit may bring about in the long term, and are wary of insufficient governmental interest in fighting their corner when designing new trade deals.
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To target waste production, increase recycling and preserve natural resources, the EC has published a number of legislative proposals which will affect industrial mineral-consuming industries such as glass and plastics.
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The opening of the new coil coating line will supply existing steel producers in Central and South America, as well as enabling AkzoNobel to serve new markets and cut its costs and carbon footprint by discontinuing exports from the US to Mexico. The line represents a doubling of coil coating capacity, meaning an increase in consumption of raw materials such as clays, titanium dioxide and iron oxide.
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The rubber industry is expanding in China, resulting in extra demand for key industrial minerals including talc and calcium carbonate.
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From new incentive schemes for potential bidders to an increased number of minerals for mining, the Rajasthan state government is paving the way to encourage mining investment through e-auctioning.
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It is too early to tell what the impact of Greece’s new government will be on the mining sector. But the new leftist government raises interesting questions about the relationship the country will have with the rest of Europe and time will tell if any of the anti-austerity measures will extend to the extractive sector.
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After a number of legislative and legal delays to NYCO’s wollastonite project in the north of New York State, the company has finally resumed its exploration activities, following a suspension of around 5 months to the drilling campaign.
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With the recent publication of data for 2012, the British Geological Survey (BGS) has 100 years of continuous mineral production data - but what do they tell us about worldwide industrial mineral production? Teresa Brown analyses some of these trends and what they say about the industry as a whole.
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The announcement of more minerals opened to foreign investment policies by China’s Ministry of Commerce shows the country’s intention to adapt to the new economic globalisation, while actively promoting more efficiency in its mining industry.
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Despite European markets undergoing their strongest bout of uncertainty since the Eurozone crisis, S&B has returned to profit for Q3 in 2014, in a set of results that will be pleasing to Imerys, which recently announced its acquisition of the bentonite-producing industrial minerals supplier.
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Though production in the industry has grown, Chinese ceramics producers have been shutting down and consolidating due to environmental pressures, overcapacity and increasing costs. As the industry consumes around 250m tpa raw materials such as grade kaolin, ball clays, fluorspar, feldspar, wollastonite, zircon and gypsum, this will no doubt have a negative impact on raw material suppliers.
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The French industrial minerals producer’s ambition to expand its presence in the bentonite market has been clear since it engaged in an ultimately unsuccessful bidding war for US-based AMCOL earlier this year. By acquiring S&B, Imerys has secured a foothold in bentonite and the lucrative drilling muds industry.
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The latest set of results takes into account 52 days’ worth of incorporating AMCOL as an MTI company and shows how the decline in PCC demand is affecting the company’s bottom line.
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UK Minister gives go-ahead to frack in the UK; Uralkali considers to increase potash prices in China; Taishan Gypsum banned from selling drywalls in the US; US court halts NYCO's wollastonite expansion plan.
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US court halts NYCO’s test mining in Lot 8; environmental groups dispute legal issues
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: A restraining order from the Supreme Court, which suspends NYCO’s mining tests for wollastonite exploration in Adirondack, New York State, shows that the legal battle from local environmentalist groups is continuing and can cause delays to the company’s plans to expand its production.
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As the Adirondack Park Agency agrees to permit the land swap for Lot 8, new applications from the Willsboro-based producer to extend operations in two mines near the town of Lewis, New York, generate further concerns among local residents and could cause further troubles in NYCO’s expansion plans.
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The partnership comes at an ideal time for processing technology providers, as both companies have seen an increase in Capex spending, particularly in South America and the Middle East.
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NYCO’s further plans to expand its wollastonite assets in the US, following the recent approval by the Adirondack Park Agency of a potential increase of its mine in New York state, suggests an increasing demand of this rare mineral worldwide.
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The digital age has seen the demand for coated paper decreasing in established markets while developing regions have shown growth. Ian Wilson and Larry Lai look at trends in paper and coated board, and what this means for mineral pigments like calcium carbonate, talc and kaolin.
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Despite a subdued paper market, Valmet’s order shows that paper companies are still investing in up-to-the-minute technology to produce stronger and better end results.
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Environmental and legal concerns about NYCO’s wollastonite mining expansion project from environmentalists in Adirondack Park will need to be addressed by the Adirondack Protection Agency (APA), but any further delay in granting NYCO permissions will be unlikely.
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The soaring real estate sector in India represents an opportunity for companies like RAK Ceramics, the world’s largest tile producer, but also for other end markets for industrial minerals and producers themselves.
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Lower year-on-year profits in the first three months of this year reflect a moderate increase in sales of industrial minerals for foundry and specialty industries and lower demand from the construction and horticulture. The company will have to reduce debts in order to offset the negative impact of currency exchange on its profits.
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US miner NYCO will be able to evaluate the possibility of expanding its wollastonite reserves in New York State’s protected Adirondack Park following a last public hearing on the proposals, which is expected to end in June this year.
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DEC’s proposal to amend wilderness guidelines in Adirondack, will allow NYCO to conduct exploratory drilling to evaluate a potential expansion of its wollastonite production in New York, US.
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South African government is pushing for higher state-ownership in mineral resources in the country with more stringent regulations on taxation and exports, which could affect several industrial minerals including potash, chromite and fluorspar.
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Spanish mineral processor Managing Director, Fidel Garcia-Guzman, on why diversification is key to success
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Demand picking up in North America, but refractories still lag
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Earthjustice law firm highlights environmental concerns; NYCO to extend mining in US
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Company also producing silica; initially targeting local markets
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Plans afoot for the launch of a new fertiliser strategy to boost agriculture
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New York votes for land swap, which will increase NYCO operations by 10 years
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Slowdown starting to ease off as results show flatness across businesses
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