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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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Sales of passenger cars in Europe slumped again in August after brief signs of a revival in July, according to the latest data from the European Automotive Manufacturers Association (ACEA).
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Argentinian crude steel production decreased by 22.80% year-on-year in August, according to figures from national steel association Acero Argentino.
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ArcelorMittal has decided not to restart blast furnace (BF) No1 at its plant Fos-sur-Mer in France, the company’s spokesman told Fastmarkets on Friday September 11.
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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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The latest forecasts from Fastmarkets’ team of analysts are ready to view.
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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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Australia has signed a preliminary deal to supply minerals such as lithium and zircon to India’s new energy sector.
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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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Rio Tinto has closed its mineral sands and titanium slag operation at Richards Bay Minerals in South Africa, after the country’s government issued an order intended to contain the spread of the 2019-nCoV coronavirus pandemic.
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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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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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China’s steel industry has faced difficulties in production and sales since the first working day after the Lunar New Year holiday due to the novel coronavirus (2019-nCoV) outbreak, which has led to some 78,000 infections and close to 2,700 deaths in the country so far.
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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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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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The cuts will target overcapacity with the aim of upgrading the steelmaking industry in China's major steel production hub.
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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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All segments of the metals industry - especially aluminium and steel producers that supply the aerospace sector - are likely to be affected by Boeing’s decision to suspend production of its grounded 737-Max airplanes in January 2020, an industry expert told Fastmarkets.
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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 European Commission may step in to encourage domestic European production of zirconium, which has no replacement for uses in aerospace and nuclear power.
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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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The Jazan titanium slag project in Saudi Arabia is one asset Tronox acquired as part of its purchase of Cristal this year.
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The Chinese semi-finished, long and flat steel producer has agreed to acquire the British company after the UK government's Official Receiver said it prepared to start talks with other parties.
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Titanium dioxide producer Chemours hopes that a year-long supply restriction may bear fruit in price rises if demand picks up in 2020.
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