Latest newshttp://www.metalbulletin.com/RSS.aspx?FeedID=1854©2020 MB60Latest newsIN CASE YOU MISSED IT: 5 key stories from October 27Here are five Fastmarkets stories you might have missed on Tuesday October 27 that are worth another look.http://www.metalbulletin.com/Article/3958043/IN-CASE-YOU-MISSED-IT-5-key-stories-from-October-27.htmlWed, 28 Oct 2020 00:05:00 GMTTeck Resources lowers H2 copper output guidance by 5,000 tonnesTeck Resources has shaved off 5,000 tonnes from its copper production guidance for the second half of 2020, mainly due to a decrease in mill throughput and lower copper grades from its Highland Valley copper mine in British Columbia, Canada, the company said on Monday October 26.http://www.metalbulletin.com/Article/3958047/Teck-Resources-lowers-H2-copper-output-guidance-by-5000-tonnes.htmlTue, 27 Oct 2020 22:13:00 GMTLITHIUM CONF: Australia focuses on lithium hydroxide development to diversify supply chainsThe development of lithium hydroxide facilities is a priority for Australia’s renewed critical mineral strategy, Jessica Robinson, head of the government’s Critical Minerals Facilitation Office, said. http://www.metalbulletin.com/Article/3957974/LITHIUM-CONF-Australia-focuses-on-lithium-hydroxide-development-to-diversify-supply-chains.htmlTue, 27 Oct 2020 20:15:00 GMTLITHIUM CONF: Development of mining regions is ‘crucial to lithium sustainability’ The need for governments, communities and lithium industry participants to have a clear focus on how mining assets and the regions in which they operate are developed is crucial for sustainable lithium production, panelists told delegates at Fastmarkets’ virtual Lithium Supply & Markets conference on Tuesday October 27. http://www.metalbulletin.com/Article/3957684/LITHIUM-CONF-Development-of-mining-regions-is-crucial-to-lithium-sustainability.htmlTue, 27 Oct 2020 19:30:00 GMTLITHIUM CONF: South America is the backbone of lithium supply chain - panel South American lithium production is the backbone of the lithium supply chain and will continue to play an important role in the years ahead along with growing demand for lithium from the electric vehicles (EV) sector, panelists said during the Lithium Supply & Markets conference on Tuesday October 27. http://www.metalbulletin.com/Article/3957933/LITHIUM-CONF-South-America-is-the-backbone-of-lithium-supply-chain-panel.htmlTue, 27 Oct 2020 19:05:00 GMTLIVE FUTURES REPORT 27/10: LME base metals trade sideways in lead-up to US electionThree-month base metals prices on the London Metal Exchange lacked a clear direction at the close of trading on Tuesday October 27, with a weaker US dollar and a slew of positive data from the region failing to outweigh the uncertainty about the country’s presidential election on November 3. http://www.metalbulletin.com/Article/3958020/LIVE-FUTURES-REPORT-2710-LME-base-metals-trade-sideways-in-lead-up-to-US-election.htmlTue, 27 Oct 2020 18:30:00 GMTTeck QB2 copper project in Chile to be 40% complete by year's endTeck Resources is continuing to increase its workforce at the Quebrada Blanca Phase 2 (QB2) copper project in northern Chile and expects the project to be about 40% complete by the end of the year, the company said this week. http://www.metalbulletin.com/Article/3957972/Teck-QB2-copper-project-in-Chile-to-be-40-complete-by-years-end.htmlTue, 27 Oct 2020 16:38:00 GMTTrafigura, VNC move to jointly acquire Vale's Goro nickel-cobalt ops - source The management board of Vale New Caledonia (VNC) has moved to acquire parent company Vale's Goro nickel and cobalt operations in the region with the aid of Swiss commodity firm Trafigura, Fastmarkets learned on Tuesday October 27. http://www.metalbulletin.com/Article/3957850/Trafigura-VNC-move-to-jointly-acquire-Vales-Goro-nickel-cobalt-ops-source.htmlTue, 27 Oct 2020 16:04:00 GMTSTEEL SUCCESS STRATEGIES: Four things we learned about European steelFastmarkets’ Steel Success Strategies Online event started on Monday October 26. Here are four things that we learnt during the European Steel Panel on the first day of the forum. http://www.metalbulletin.com/Article/3957781/STEEL-SUCCESS-STRATEGIES-Four-things-we-learned-about-European-steel.htmlTue, 27 Oct 2020 14:25:00 GMTLITHIUM CONF: Seven key takeaways on lithium project investments, offtakesFastmarkets rounds up the key discussion points on lithium project investments and offtake agreements from the first day of its virtual Lithium Supply & Markets conference from October 26-28.http://www.metalbulletin.com/Article/3957913/LITHIUM-CONF-Seven-key-takeaways-on-lithium-project-investments-offtakes.htmlTue, 27 Oct 2020 12:06:00 GMTAT A GLANCE: Acerinox returns to profit for Q3 with increased production A summary of Spanish stainless steelmaker Acerinox's financial results for the third quarter of 2020 ended on September 30. http://www.metalbulletin.com/Article/3957915/AT-A-GLANCE-Acerinox-returns-to-profit-for-Q3-with-increased-production.htmlTue, 27 Oct 2020 12:00:00 GMTFOCUS: New Chinese steel mega plants in SE Asia one step closer to completion Several large steel projects located in Southeast Asia, underpinned by Chinese investment, are nearing completion and will provide a huge boost to production capacity in the region. http://www.metalbulletin.com/Article/3957903/FOCUS-New-Chinese-steel-mega-plants-in-SE-Asia-one-step-closer-to-completion.htmlTue, 27 Oct 2020 10:48:00 GMTLIVE FUTURES REPORT 27/10: LME base metals rise before China policy meeting; copper holds below $6,800/tLondon Metal Exchange three-month base metals prices were upbeat during morning trading on Tuesday October 27, recovering from broad consolidation on Monday ahead of Chinese policy meetings scheduled this week, while LME copper futures struggled to breach nearby resistance despite steady volumes. http://www.metalbulletin.com/Article/3957905/LIVE-FUTURES-REPORT-2710-LME-base-metals-rise-before-China-policy-meeting-copper-holds-below-6800t.htmlTue, 27 Oct 2020 10:20:00 GMTAT A GLANCE: Rusal’s VAP sales up 25% in Q3; European market share declines again A summary of aluminium producer UC Rusal’s third quarter 2020 operating results, released on Tuesday October 27. http://www.metalbulletin.com/Article/3957901/AT-A-GLANCE-Rusals-VAP-sales-up-25-in-Q3-European-market-share-declines-again.htmlTue, 27 Oct 2020 09:30:00 GMTMORNING VIEW: LME base metals look upward after recent consolidationBase metals prices on the London Metal Exchange were firmer this morning, Tuesday October 27, despite some strong headwinds from little progress on the next US Covid-19 relief package and surging infection rates across Europe and the United Sates. http://www.metalbulletin.com/Article/3957896/MORNING-VIEW-LME-base-metals-look-upward-after-recent-consolidation.htmlTue, 27 Oct 2020 08:08:00 GMTCans, e-bikes buck declining tin demand: ITA surveyDemand for tinplate will rise by more this year than it fell last year, according to market participants surveyed by the International Tin Association (ITA).http://www.metalbulletin.com/Article/3957037/Cans-e-bikes-buck-declining-tin-demand-ITA-survey.htmlTue, 27 Oct 2020 08:00:00 GMTIN FIGURES: China’s battery raw materials exports in September 2020A summary of China’s battery raw materials exports for September 2020.http://www.metalbulletin.com/Article/3957895/IN-FIGURES-Chinas-battery-raw-materials-exports-in-September-2020.htmlTue, 27 Oct 2020 07:20:00 GMTIN FIGURES: China's battery raw materials imports in September 2020A summary of China's battery raw materials imports for September 2020.http://www.metalbulletin.com/Article/3957894/IN-FIGURES-Chinas-battery-raw-materials-imports-in-September-2020.htmlTue, 27 Oct 2020 07:20:00 GMTIN FIGURES: China’s minor metals exports in September 2020A summary of China’s minor metals exports for September 2020.http://www.metalbulletin.com/Article/3957891/IN-FIGURES-Chinas-minor-metals-exports-in-September-2020.htmlTue, 27 Oct 2020 05:30:00 GMTIN CASE YOU MISSED IT: 5 key stories from October 26Here are five Fastmarkets stories you might have missed on Monday October 26 that are worth another look.http://www.metalbulletin.com/Article/3957883/IN-CASE-YOU-MISSED-IT-5-key-stories-from-October-26.htmlTue, 27 Oct 2020 00:05:00 GMTLIVE FUTURES REPORT 26/10: Selling pressure sees LME tin price fall 1.7%; copper below $6,800The three-month price of tin on the London Metal Exchange was the laggard at the close of trading on Monday October 26, losing just under 2% of its price against the highest daily volume count since September 23, while selling pressure saw the LME copper price sink below nearby support levels over the afternoon. http://www.metalbulletin.com/Article/3957863/LIVE-FUTURES-REPORT-2610-Selling-pressure-sees-LME-tin-price-fall-17-copper-below-6800.htmlMon, 26 Oct 2020 18:30:00 GMTLITHIUM CONF: Trading volumes have reached ‘critical mass’ to support lithium futures contract – LME The lithium market has grown to a stage where it can support a futures contract, especially in the context of significant price moves in recent years and forecasts of further growth, Robin Martin, head of market development at the London Metal Exchange, said during a Fastmarkets conference on Monday October 26. http://www.metalbulletin.com/Article/3957654/LITHIUM-CONF-Trading-volumes-have-reached-critical-mass-to-support-lithium-futures-contractLME.htmlMon, 26 Oct 2020 16:50:00 GMTLITHIUM CONF: Downstream support for lithium price transparency now being matched by upstream While the initial appetite to hedge exposure to volatile lithium prices came from automakers expanding their electric vehicle (EV) fleets, an appreciation for short-term pricing and risk management tools has since filtered upstream, delegates heard during Fastmarkets’ virtual Lithium Supply & Markets conference on Monday October 26. http://www.metalbulletin.com/Article/3957240/LITHIUM-CONF-Downstream-support-for-lithium-price-transparency-now-being-matched-by-upstream.htmlMon, 26 Oct 2020 16:45:00 GMTLITHIUM CONF: Prices at inflection point, says Fastmarkets’ Adams Lithium spot prices are starting to change direction upward but it will take time for a rebound across the whole lithium complex, Fastmarkets head of battery raw materials research and base metals William Adams during a panel discussion at the Lithium Supply & Markets conference on Monday October 26. http://www.metalbulletin.com/Article/3957501/LITHIUM-CONF-Prices-at-inflection-point-says-Fastmarkets-Adams.htmlMon, 26 Oct 2020 16:00:00 GMTMMK to increase steel exports in Q4 2020 on new Mill 2500 outputMagnitogorsk Iron & Steel Works (MMK), one of the key steel producers in Russia, intends to increase its steel exports in the fourth quarter of 2020, the company told Fastmarkets on Monday October 26. http://www.metalbulletin.com/Article/3957770/MMK-to-increase-steel-exports-in-Q4-2020-on-new-Mill-2500-output.htmlMon, 26 Oct 2020 14:42:00 GMTSpodumene producer Altura Mining goes into receivershipAustralian spodumene producer Altura Mining has entered receivership, according to a filing on the Australian Securities Exchange (ASX) on Monday October 26.http://www.metalbulletin.com/Article/3957780/Spodumene-producer-Altura-Mining-goes-into-receivership.htmlMon, 26 Oct 2020 14:28:00 GMTLITHIUM CONF: Timing investments into capacity expansions main challenge for years ahead – panelAchieving timely investments into capacity expansions will be a leading challenge for the lithium industry in the coming years to meet the expected growth in demand, attendees of Fastmarkets’ Lithium Supply & Markets 2020 virtual conference heard. http://www.metalbulletin.com/Article/3957169/LITHIUM-CONF-Timing-investments-into-capacity-expansions-main-challenge-for-years-aheadpanel.htmlMon, 26 Oct 2020 14:11:00 GMTLME WEEK 2020 – INTERVIEW: Aurubis' multi-metal strategy is boon to output amid market instability; begins Metallo integrationAurubis, Europe’s largest copper producer, sees its multi-metal strategy as a competitive advantage against a backdrop of precarious market conditions, with executive chairman to the board Roland Harings highlighting the company’s acquisition and integration of Belgian-Spanish recycler Metallo as a step change in optimizing production. http://www.metalbulletin.com/Article/3957606/LME-WEEK-2020INTERVIEW-Aurubis-multi-metal-strategy-is-boon-to-output-amid-market-instability-begins.htmlMon, 26 Oct 2020 13:26:00 GMTMasan High-Tech, Mitsubishi to develop high-tech tungsten materials platformMasan High-Tech Materials, a subsidiary of Vietnam-based conglomerate Masan Group, has signed definitive agreements to establish a strategic alliance with Japan’s Mitsubishi Materials to develop a high-tech tungsten materials platform, the company said on Monday October 26. http://www.metalbulletin.com/Article/3957741/Masan-High-Tech-Mitsubishi-to-develop-high-tech-tungsten-materials-platform.htmlMon, 26 Oct 2020 13:25:00 GMTAPEX Q3 2020: Fastmarkets clinches top spot on base metals leaderboardFastmarkets’ research team took the number one spot on the base metals predictions leaderboard for the third quarter of 2020 with a 98.83% accuracy score while ED&F Man Capital Markets’ Edward Meir clinched the top spot for precious metals predictions over the period with a 93.31% accuracy rating. http://www.metalbulletin.com/Article/3957739/APEX-Q3-2020-Fastmarkets-clinches-top-spot-on-base-metals-leaderboard.htmlMon, 26 Oct 2020 12:44:00 GMT