Base Metal Stocks Articles

COKING COAL DAILY: Offers steady in seaborne market

January 29, 2019 / Staff reporter

The seaborne coking coal spot market was largely stable on Monday January 28 amid thin trading and little change to offers.A March-loading 80,000-tonne cargo of premium mid-vol hard coking coal was traded at $200 per tonne fob Australia, sources said during the day.Another shipment involving the same brand, also scheduled to be loaded in March, was sold at a 1-2% premium against a basket of indice...Read More

PEOPLE MOVES: Vital hires Nick Boulton as global sales, product manager

January 29, 2019 / Staff reporter

Vital Materials has appointed Nick Boulton as its global sales and product manager, the company told Fastmarkets on Friday January 25. Boulton, who will be based in the United Kingdom in this role, holds over 30 years' experience in multiple roles across a variety of market segments including petrochemicals, fine chemicals pharmaceuticals...Read More

Cobalt trades at sub-$20 per lb on oversupply pressure

January 29, 2019 / Staff reporter

Cobalt prices slumped to near two-year lows last week before stabilizing after a psychological move through $20 per lb incited an improved level of spot inquiries. Fastmarkets' standard-grade cobalt price ended the week at $19-21.15 per lb, in-warehouse, compared with $19-21.40 per lb midweek. Prices had slumped by 9.5% two days earlier. Alloy-grade cobalt prices were slightly lower at $...Read More

SILICON SNAPSHOT: Europe, China markets remain quiet ahead of Chinese New Year holidays

January 29, 2019 / Staff reporter

Key data from the pricing sessions in London and Shanghai on Friday January 25.ChinaThe Chinese silicon fob price held steady in a quiet export market with few inquiries and only a little trade ahead of the looming Chinese New Year holiday (Feb 4-10).Prices have been underpinned by supply constraints, with some silicon refiners in southern China curbing production to avoid higher electricity...Read More

OZ MINERALS AT A GLANCE: 2018 full-year production results, 2019 target

January 29, 2019 / Staff reporter

A summary of OZ Minerals' production results for the year ended December 31, 2018, as well as its production target for 2019. (Full-year total, year-on-year percentage change) Copper concentrate production 115,998 tonnes, +4% Gold production 135,647 oz, +7% 2019 guidance: Copper...Read More

GLOBAL ANTIMONY WRAP: Trading slows down ahead of Lunar New Year

January 29, 2019 / Staff reporter

The global antimony market was quiet in the week ended Friday January 25, with trade thinning ahead of Lunar New Year on February 5. In Europe, Fastmarkets' price assessment for trioxide-grade antimony, in-warehouse Rotterdam, was stable week on week at $7,800-8,000 per tonne on Friday. The price for MMTA standard-grade II antimony, in-warehouse Rotterdam, was also unchanged last week at $7,700-7,...Read More

IMPERIAL AT A GLANCE: 2018 full-year production results, 2019 target

January 29, 2019 / Staff reporter

A summary of Imperial's production results for the year ended December 31, 2018 as well as its production target for 2019. IN BRIEF:The company is a Canada-based exploration, mine development and operating company. Through its subsidiaries, Imperial owns the Red Chris, Mount Polley and Huckleberry copper mines in British Columbia. It also holds a 50% interest in the Ruddock...Read More

GLOBAL VANADIUM WRAP: Chinese vanadium prices static on thin trading, European market rises on firm offers

January 29, 2019 / Staff reporter

Chinese ferro-vanadium exporters refrained from offering material ahead of Lunar New Year (February 4-10) and amid a lack of readily available metal, while European ferro-vanadium prices moved up after suppliers held on to their material in a tight market. Chinese ferro-vanadium export price static on thin trading European prices edge higher on tight supply, though spot demand is limited&nb...Read More

GLOBAL TUNGSTEN WRAP: Chinese APT price edges down on soft demand; European ferro-tungsten market weakens

January 29, 2019 / Staff reporter

The price of ammonium paratungstate (APT) continued its downward trend last week amid weakening demand, while Fanya stock fears re-appeared following news the failed exchange is releasing some indium stocks for auction. APT price falls in China; spot activity picks up in Europe but sentiment still bearish Concentrate price stable amid slow trading European ferro-tungsten edges down on...Read More