Researchers from Chalmers University of Technology, the University of Gothenburg,the University of Jyv??skyl??, and Stanford University have found a way to make the surface of a gold object melt at room temperature.The discovery came as a fluke after the scientists started analyzing the yellow metal to its most intrinsic and smallest components.First, they placed a small piece of gold in an electr...Read More
Arena Minerals (TSXV: AN) has acquired privately held Antofalla Minerals for US$400,000 in cash and 10 million common shares.Antofalla Minerals' flagship property is its 4,000-hectare Antofalla lithium brine project in Argentina's Salar de Antofalla. The salar straddles the provinces of Catamarca and Salta in northwestern Argentina.The three claims cover the central portion of the Salar de Antofal...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average fell sharply Friday following a U.S. jobs report that was weaker than expected. Stocks were poised for their third weekly loss in four weeks.Oil prices jumped Friday after OPEC member states and their allies agreed to cut production for at least six months.Broadcom Inc. (AVGO) rose 0.58% Friday after the c...Read More
Base metals prices on the London Metal Exchange were mostly higher at the close of trading on Friday December 7, supported by an uptick in equity indices while a softer US dollar index helped most three-month prices reverse Thursday's losses.Despite low volumes in LME trading, with aluminium's 11,723 lots topping the complex, strong afternoon trading resulted in intraday highs for aluminium,...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
European lead producer Recylex has opened talks with the debtors of its Weser Metall division after leveraged investments at the smelter there failed to result in expected production gains. "The group anticipates that its German perimeter will not be able to reach its financial targets at December 31, 2018," the company said on Wednesday December 5. Weser-Metall GmBH, a wholly-owned German divisio...Read More
Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday December 7.China The domestic ferro-chrome spot price slid after some sellers lowered prices to book sales and generate cash before year-end, but buying interest from China's domestic stainless steel mills was thin. The imported charge chrome market was quiet. Some sellers had just compl...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Adam HamiltonArchivesDec 07, 2018 The recent stock-market selloff is persisting, fueling mounting worries among investors. The intensifying volatility and lack of a quick rebound higher is strangling euphoric sentiment, spawning self-reinforcing selling pressure. Scoffed at a few months ago, the notions that a young bear market is underway and a recession looms are gaining traction. The great bene...Read More
Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday December 7.China The domestic ferro-chrome spot price slid after some sellers lowered prices to book sales and generate cash before year-end, but buying interest from China's domestic stainless steel mills was thin. The imported charge chrome market was quiet. Some sellers had just compl...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
European lead producer Recylex has opened talks with the debtors of its Weser Metall division after leveraged investments at the smelter there failed to result in expected production gains. "The group anticipates that its German perimeter will not be able to reach its financial targets at December 31, 2018," the company said on Wednesday December 5. Weser-Metall GmBH, a wholly-owned German divisio...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Scrap prices continued to fall across all major markets except India during the week to Friday December 7.Demand from Turkish steel mills was sluggish this week, with only one deep-sea cargo traded, while a lack of demand in the Asian region pushed prices lower.But imported scrap prices in India increased this week because of stronger demand.Turkey importsTurkish steel producers made only one deep...Read More
Austenitic alloy steel scrap prices in the UK market decreased further this week - low demand from stainless steel mills remains the dominant factor in the market. Fastmarkets MB assessed the price of grade-316 scrap solids at ?1,200-1,230 ($1,530-1,619) per tonne delivered, down from ?1,220-1,300 a week earlier, while the price of 18/8 scrap solids fell to ?770-800 per tonne from ?780-830 per...Read More
The Federal Reserve's new data-focused stance on rate hikes will be face it first key test Friday as the Labor Department publishes its November jobs report that is likely to indicate slowing employment growth but potentially faster wage increases, adding to the broader uncertainty surrounding growth in the world's biggest economy. Analysts estimate that U.S. employers created 200,000 new jobs l...Read More
Turkish steel producers managed just one deep-sea booking this week, mostly as a result of limited demand for finished steel products in both the domestic and export markets, sources said on Friday December 7.On Wednesday, a steel mill in the Marmara region booked a European cargo - comprising 20,000 tonnes of HMS 1&2 (75:25), 12,500 tonnes of HMS 1 and plate & structural (P&S) scrap, 5,000 t...Read More
Comex copper prices rose on Friday morning in the United States in reaction to a softer dollar.The copper price for March settlement on the Comex division of the New York Mercantile Exchange increased by 0.95 cents to $2.7525 per lb. Commodities have endured a volatile week, reflecting trade worries and confusion whether the US and China will reach a long-term agreement."We view the renewed w...Read More
Three-month base metals prices on the London Metal Exchange were up across the board on Friday December 7, with average gains of 0.6%. But trading remained choppy while market participants await greater direction.The three-month zinc price was up the most this morning, with a 1.2% gain to $3,642 per tonne, and looks well placed to push higher. The three-month copper price - which has fallen the mo...Read More