Metal Bulletin

Metal Bulletin Group aims to provide leading pricing intelligence, including independent industry benchmarks, for the metal and mining industry. The group’s global portfolio of news, analysis, conferences and insight services complement these price benchmarks.

Investors should focus on battery materials, not EVs – Blackstone Resources CEO

The electric vehicle (EV) revolution will first emerge as a mixture of differing technologies, powered by an ever-evolving battery-metal-mix of cathodes.

Natural flake and synthetic graphite – debate rages on

The industry is asking whether consumers will opt for natural or artificial material, and how this will shape global consumption.

Don’t underestimate lithium-ion battery demand for nickel

The focus on lithium-ion batteries seems to reflect supply and demand of lithium and cobalt but it would be very wrong not to include nickel.

A glass half full or a glass half empty for lithium producers

Metal bulletin reasearch’s forecast is for the lithium market to shift into a supply surplus this year and as such we have expected prices to fall.

Chinese cobalt sulfate prices continue to slide but at slower pace

Chinese cobalt sulfate prices continued to edge lower although the pace of decline has slowed as spot prices have fallen to below production costs.

Lithium and cobalt use in consumer electronics to rise mildly

The global smartphone market accounts for the largest consumer electronics segment, accounting for around half of its market share.

Asia-Pacific metals industry welcomes TPP deal

Metal processing and mining industries in the Asia-Pacific region have welcomed the conclusion of negotiations for a Trans-Pacific Partnership (TPP) agreement that will reduce barriers to trade between 12 countries.

CoAL will need more capital to get Makhado project running, analyst says

Coal of Africa (CoAL) will require more capital to fund its Makhado coking coal project in South Africa’s Limpopo province, even after securing around $60 million of new debt and equity financing, an analyst told Metal Bulletin.

BHP defends South Africa power usage

BHP Billiton has defended its power contracts and usage, following accusations that the miner continues to produce aluminium at its smelters with subsidised electricity while power shedding on the national grid requires others in the country to switch off.

Rules pose threat to bauxite growth in Asia-Pacific

Government regulations might hinder the growth of Asia-Pacific bauxite production, which is expected to rise to meet growing regional aluminum demand for aluminum, according to a report from GBI Research.

South Africa's platinum producers angered by ferro-chrome industry's push for ore duty

The drive by major ferro-chrome producers to get the South African government to impose a $100-per-tonne export tax on chrome ore is meeting resistance.

Vale sales drive pressures US nickel premiums

Domestic nickel premiums remain under pressure as Brazil’s Vale SA aggressively seeks orders after returning to full production.

Sherritt expects volatile nickel market

Sherritt International Corp. expects a volatile nickel market this year and next as the global demand picture for the commodity remains unclear, according to its top executive.

Capstone plans to boost copper, zinc output

Capstone Mining Corp. is forecasting a slight pickup in production volumes in 2012, when it expects to produce about 80 million pounds of copper in concentrates at its Cozamin and Minto mines in Mexico and Canada, respectively, as well as about 20 million pounds of zinc contained in concentrate at Cozamin.

Horsehead Corp files for damages against Nyrstar Clarksville, former employee

Pittsburgh-based zinc producer Horsehead Corp has filed a claim against Nyrstar Clarksville Inc and Darin Cooper, a former project manager who joined Nyrstar earlier this month.

Zimplats accused of underpaying royalties by Zimbabwe authority

Zimbabwean platinum producer Zimplats has been accused of underpaying royalties by the Zimbabwe revenue authority and is now locked in a legal battle to fend off a $28 million claim for outstanding payments.

Vetorial stays in pig iron despite ambitious iron ore venture

Brazil’s Vetorial Participações will keep its merchant pig iron business despite moving into a 7.6 billion Reais ($4 billion), 20 million-tpy iron ore joint venture called Vetria Mineração.

Kobe Steel enlisted to help India upgrade $400m iron ore nuggets plant

The government-owned Steel Authority of India (SAIL) has commissioned Japan’s Kobe Steel to upgrade its manufacturing facilities and set up a new $400 million iron ore nuggets plant in Durgapur, West Bengal.

Pathe to replace Delaney as Sherritt’s retiring chief

David V. Pathe will take over as Sherritt International Corp.’s chief executive officer from the retiring Ian W. Delaney effective Jan. 1, the company said in a statement.

20 tonnes of cobalt stolen in Antwerp

A container with 20 tonnes of cobalt was stolen from the MSC shipping company site in the Antwerp harbour, Scheldelaan, quay 730 on November 14 said the Belgian police.

Freeport losing 55,000 tpd of mill throughput at Grasberg due to strike

KEYWORDS: Freeport McMoRan Copper & Gold , Grasberg , copper , gold Freeport McMoRan Copper and Gold has lost 55,000 tpd of mill throughput in the quarter to date at Freeport Indonesia due to the temporary suspension of the milling operations follo...

Erdemir earnings, production surge for Q1-Q3 2011

- 13:11 GMT Location: London KEYWORDS: Erdemir , Turkey , steel Turkey’s biggest steel producer, Erdemir, has posted a 49% surge in earnings before interest, taxes, depreciation and amortisation (Ebitda) year-on-year for the first nine months of 201...

US review rescinded on duty order for Chinese hot-rolled steel

An administrative review of an anti-dumping duty order on hot-rolled carbon steel flat products from China has been rescinded by the Commerce Department’s International Trade Administration (ITA) because there was no information on record of which companies made sales, shipments or entries of the product to the United States during the period of review.

New US stainless surcharge ineffective so far: ATI

The revised surcharge mechanism introduced by domestic stainless mills in October has had little effect on buying patterns so far due to generally weak demand, a top stainless executive said this past week.

Coal stocks build up at South Africa's Richards Bay

A build-up of coal stocks at the Richards Bay Coal Terminal in South Africa could mean a slowdown in the buyers’ market, even if Transnet, the national rail freight carrier, has increased its efficiency in shifting material from mines to the port.