Commodity markets were mixed on the morning of Monday January 29, with Comex copper picking up a little buying in start-of-week trading.Copper for March settlement on the Comex division of the New York Mercantile Exchange inched up 0.3 cents or 0.1% to trade recently at $3.2020 per lb. Prices have been volatile over the past week, with the weaker dollar - it remains around its lowest in more than...Read More
Key data from the Friday January 29 pricing session in Europe:Indium ingots MB $/kg in-warehouse Rotterdam Key drivers - Cutback in production before Chinese New Year - Tightness in crude supply...Read More
Tight supplies and trader buying continued to push spot cobalt prices higher in the week ended Friday January 26, but currency moves deterred large spot purchases of cobalt in the second half of last week.Metal Bulletin assessed low-grade cobalt prices at $36.95-38.25 per lb, in-warehouse, on Friday, up from $36.90-37.80 per lb at the midweek assessment, and $36.75-37.40 per lb on January 19....Read More
European antimony prices rose on a weekly comparison on Friday January 26 amid tightening supply while Chinese prices were unchanged. Metal Bulletin assessed MMTA standard grade II antimony in-warehouse Rotterdam prices at $8,200-8,500 per tonne on Friday, unchanged from the midweek assessment but higher week on week from $8,100-8,400 per tonne. Trioxide grade antimony prices in-warehous...Read More
Despite limited spot trades, the Chinese silicon price continued to inch higher on Friday January 26 on tightened supply in the local market, while the European market was stable on muted activity. Metal Bulletin assessed China's grade 553 silicon metal, basis 98.5%, export price at $1,940-2,000 per tonne on Friday, up 0.5% from previously. Most silicon refineries in southern China halted ope...Read More
Chinese cobalt tetroxide prices have risen steadily over the past week due to increased demand from downstream consumers.Metal Bulletin assessed the China cobalt tetroxide price, basis 72.6% cobalt, at 430,000-460,000 yuan ($68,040-72,787) per tonne on Friday January 26, narrowing upward from a range of 410,000-460,000 yuan per tonne previously. This was also 19% higher than the range of 370,000-3...Read More
Base metals prices on the London Metal Exchange are stronger by an average of 1% this morning, Monday January 29. Nickel and zinc prices lead the way with gains of around 2%, followed by lead prices that are up by 1% and copper prices ($7,147 per tonne) that are up by 0.8%, while aluminium and tin lag with gains of 0.2% and 0.1% respectively.Volume has been strong with 13,382 lots traded as of 07....Read More
Swiss special and stainless steel producer Schmolz + Bickenbach (S+B) has been chosen by a French court to take over French speciality steelmaker Asco Industries (Ascometal), it said on Monday January 29.S+B will take over Ascometal's assets on Thursday February 1, with the exception of Ascoval, a joint venture between Ascometal and French tube & pipe producer Vallourec in Saint-Saulve i...Read More
Swiss special and stainless steel producer Schmolz + Bickenbach (S+B) has been chosen by a French court to take over French speciality steelmaker Asco Industries (Ascometal), it said on Monday January 29.S+B will take over Ascometal's assets on Thursday February 1, with the exception of Ascoval, a joint venture between Ascometal and French tube & pipe producer Vallourec in Saint-Saulve i...Read More
There is more to excite the metals industry than the batteries boom, argues Lord Copper, with the global economy's gradual emergence from the 2008 recession boding well for metal demand. Talk to anybody about metals these days and they are almost guaranteed to turn the conversation to batteries, electric vehicles and the metals that produce the motive power. Tesla's Elon Musk certainly garners far...Read More
Swiss special and stainless steel producer Schmolz + Bickenbach (S+B) has been chosen by a French court to take over French speciality steelmaker Asco Industries (Ascometal), it said on Monday January 29.S+B will take over Ascometal's assets on Thursday February 1, with the exception of Ascoval, a joint venture between Ascometal and French tube & pipe producer Vallourec in Saint-Saulve i...Read More
Swiss special and stainless steel producer Schmolz + Bickenbach (S+B) has been chosen by a French court to take over French speciality steelmaker Asco Industries (Ascometal), it said on Monday January 29.S+B will take over Ascometal's assets on Thursday February 1, with the exception of Ascoval, a joint venture between Ascometal and French tube & pipe producer Vallourec in Saint-Saulve i...Read More
There is more to excite the metals industry than the batteries boom, argues Lord Copper, with the global economy's gradual emergence from the 2008 recession boding well for metal demand. Talk to anybody about metals these days and they are almost guaranteed to turn the conversation to batteries, electric vehicles and the metals that produce the motive power. Tesla's Elon Musk certainly garners far...Read More
There is more to excite the metals industry than the batteries boom, argues Lord Copper, with the global economy's gradual emergence from the 2008 recession boding well for metal demand. Talk to anybody about metals these days and they are almost guaranteed to turn the conversation to batteries, electric vehicles and the metals that produce the motive power. Tesla's Elon Musk certainly garners far...Read More
There is more to excite the metals industry than the batteries boom, argues Lord Copper, with the global economy's gradual emergence from the 2008 recession boding well for metal demand. Talk to anybody about metals these days and they are almost guaranteed to turn the conversation to batteries, electric vehicles and the metals that produce the motive power. Tesla's Elon Musk certainly garners far...Read More
There is more to excite the metals industry than the batteries boom, argues Lord Copper, with the global economy's gradual emergence from the 2008 recession boding well for metal demand. Talk to anybody about metals these days and they are almost guaranteed to turn the conversation to batteries, electric vehicles and the metals that produce the motive power. Tesla's Elon Musk certainly garners far...Read More
There is more to excite the metals industry than the batteries boom, argues Lord Copper, with the global economy's gradual emergence from the 2008 recession boding well for metal demand. Talk to anybody about metals these days and they are almost guaranteed to turn the conversation to batteries, electric vehicles and the metals that produce the motive power. Tesla's Elon Musk certainly garners far...Read More
Vancouver, British Columbia, Canada –Monday, January 29, 2017 – Canada Zinc Metals Corp. (TSX Venture Exchange: CZX) is pleased to announce that the Company has received an updated mineral resource estimate for the Cardiac Creek Zn-Pb-Ag deposit on its 100% owned Akie Project.The new mineral resource estimate incorporated the results of 8 new drill intercepts from the successful 2017 d...Read More
Palisade Research January 29, 2018 Category: Research We think 2018 is going to be a big year for gold and silver and other base metals.But as we have highlighted in the past, the not-so-talked-about ‘battery metals’ are also setting up for a massive move upwards.Things like:Cobalt. . .Lithium. . .And especially nickel. . .Because of the Eletric Vehicle Revolution taking hold around th...Read More
(Kitco News) - U.S. President Donald Trump’s ‘America First’ agenda “keeps on giving to the commodity bulls,” which is creating a bid for gold, TD Securities said in a report.“The gifting started back in November 2016, when the newly minted President-elect Trump promised America a massive infrastructure spending program. More recently, the President followed up...Read More