Latest news©2021 MB60Latest newsTungsten West in advanced stages of IPO prep, Hemerdon mine to start production in 2022Tungsten West is in the “advanced stages” of preparing its initial public offering in London’s AIM market, with production at the Hemerdon mine to start next year., 14 Jun 2021 16:02:00 GMTBrazil's Usiminas restarts 600,000-tpy No2 blast furnace at Ipatinga millBrazilian steelmaker Usiminas will restart its No2 blast furnace (BF) at the Ipatinga mill, in southeastern Minas Gerais state, after almost eight months of downtime, the company said in a filing with the country's securities and exchange commission, CVM, on Monday June 14., 14 Jun 2021 14:54:00 GMTLIVE FUTURES REPORT 14/06: Mixed prices on LME, large re-warranting for Al in Port KlangThe three-month price of copper was down 0.6% from Friday's close on the morning of Monday June 14, while most other prices on the London Metal Exchange rose despite low traded volumes due to public holidays in China and Australia., 14 Jun 2021 10:09:00 GMTMORNING VIEW: LME metals mixed in quiet trade with China on holidayMetals continue to languish in high ground during morning trading on Monday June 14, with tin being the exception as it continues to push higher on strong fundamentals due to supply disruptions., 14 Jun 2021 07:50:00 GMTIN CASE YOU MISSED IT: 5 key stories from June 11Here are five Fastmarkets stories you might have missed on Friday June 11 that are worth another look., 13 Jun 2021 23:05:00 GMTLIVE FUTURES REPORT 11/06: Most LME prices post increases over 1% to end consolidating week on a high Zinc showed the biggest increase, at 1.6%, at the close on Friday June 11, while all other prices on the London Metal Exchange ended a week of consolidation on firmer footing., 11 Jun 2021 17:01:00 GMTEU to open anti-dumping probe into HDG from Turkey, Russia - sources The European Commission plans to start an anti-dumping investigation into hot-dipped galvanizing coil from Turkey and Russia, market sources told Fastmarkets on Friday June 11., 11 Jun 2021 15:30:00 GMTGanfeng Lithium receives approval to issue new shares amid surging lithium demandChina’s Ganfeng Lithium has been authorized by the Chinese Securities Regulatory Commission to issue around 48 million new shares overseas, the company said in a filing on Friday June 11., 11 Jun 2021 14:10:00 GMTLME off-warrant stocks fall by 6%; nickel, copper stocks down by a third Metal held outside London Metal Exchange warehouses decreased for the second month in a row, by a slight 6% in April to 1.17 million tonnes, after falling 40% in March., 11 Jun 2021 13:50:00 GMTEU will extend steel safeguard measures for three years, sources sayThe European Commission (EC) will extend the existing safeguard measures on 26 steel products imported into the European Union by three years, market sources told Fastmarkets on Friday June 11., 11 Jun 2021 13:25:00 GMTUkraine’s Metinvest to increase CRC, coated steel output for local, CIS and European markets Ukraine’s largest national steelmaker plans to increase cold-rolled coil and coated steel products output by 2025 sold to the local market, the Commonwealth of Independent States and Europe., 11 Jun 2021 11:08:00 GMTSHFE STOCKS REPORT 11/06: Zinc inventory tumbles 21% amid broad-based declines Most base metals stocks continued their declines in Shanghai Futures Exchange-registered warehouses in the week to Friday June 11, with zinc leading in percentage terms at a 21.5% drop., 11 Jun 2021 10:55:00 GMTLargo Resources targets 3% energy storage market by 2025United States-based vanadium producer Largo Resources is aiming to capture 3% of the long-duration energy storage battery market by 2025, which equates to 1,400MWh, the company said on Wednesday June 9., 11 Jun 2021 10:53:00 GMTShanxi province halts non-coal operations after iron ore mine accident Shanxi province released an urgent order on Friday June 11 requiring non-coal mines in the province to halt operations and start mining safety checks following an accident at Dahongcai mine a day earlier., 11 Jun 2021 09:52:00 GMTLIVE FUTURES REPORT 11/06: Zinc, lead rise 1%; all LME metals upZinc and lead made the biggest gains on June 11 morning amid a low dollar index following the inflation readings released on Thursday and comments from trading house Trafigura lending support to all metals at the end of the week., 11 Jun 2021 09:10:00 GMTCAPACITY WATCH: Fujian Sanbao Steel replacing 2 EAFs Chinese steel producer Fujian Sanbao Iron & Steel is installing two new electric-arc furnaces (EAFs) as part of a capacity replacement program in Fujian, the province’s Industry & Information Technology Department said on Tuesday June 8., 11 Jun 2021 06:15:00 GMTIN CASE YOU MISSED IT: 5 key stories from June 10Here are five Fastmarkets stories you might have missed on Thursday June 10 that are worth another look., 10 Jun 2021 23:05:00 GMTIndustry investment in Chile unlikely until fiscal regime resolved, Freeport exec saysThe metals and mining industry is unlikely to invest significantly in Chile until uncertainty surrounding the country's fiscal framework is resolved, the chief financial officer of Freeport-McMoRan said., 10 Jun 2021 19:06:00 GMTHigher copper prices needed to build new supply, Freeport president saysMining companies will need to see higher copper prices before they feel any incentive to push forward with new projects, the chief financial officer of US producer Freeport-McMoRan has said., 10 Jun 2021 18:25:00 GMTSalzgitter declares force majeure after lightning disrupts power supplyGerman flat steel producer Salzgitter has declared force majeure after a lightning strike over the weekend, the company’s spokesman told Fastmarkets on Thursday June 10., 10 Jun 2021 17:30:00 GMTLIVE FUTURES REPORT 10/06: LME copper down to $9,980, other prices steadyBase metals prices on the London Metal Exchange were little changed at the 5pm close of trading on Thursday June 10, with slight increases for aluminium and nickel, while prices dipped elsewhere on the complex., 10 Jun 2021 17:00:00 GMTMarex withdraws plan for London Stock Exchange listingMarex will not proceed with its plans to list its shares on the London Stock Exchange, the brokerage firm confirmed to Fastmarkets on Thursday June 10., 10 Jun 2021 15:15:00 GMTTrafigura says metals rally now more than a China story; hits record H1 profitsCommodities trading house Trafigura believes a slowdown in Chinese demand growth for metals will fail to dent rising prices, while also announcing record profits in the first half of 2021., 10 Jun 2021 12:16:00 GMTChina's Yonggang to use more iron ore lump, joins Rio Tinto re-screening projectMajor Chinese steelmaker Jiangsu Yonggang is aiming to use more iron ore lump in its blast furnaces and to reduce its use of sinter fines, in line with China's drive to cut pollution, Fastmarkets understands., 10 Jun 2021 10:15:00 GMTLIVE FUTURES REPORT 10/06: Nickel, copper down over 1% ahead of US CPI dataNickel and copper were down the most on the London Metal Exchange on June 10 morning, although all prices fell ahead of the release of US consumer prices data later on Thursday., 10 Jun 2021 09:45:00 GMTIN CASE YOU MISSED IT: 5 key stories from June 9Here are five Fastmarkets stories you might have missed on Wednesday June 9 that are worth another look., 09 Jun 2021 23:05:00 GMTSwedish battery maker Northvolt raises $2.75 bln to expand plantSwedish battery maker Northvolt has announced the signing of a $2.75 billion private placement to expand the capacity of its gigafactory in the country, Northvolt Ett, to 60GWh from 40GWh to meet increased customers’ demand, it said on Wednesday June 9., 09 Jun 2021 19:50:00 GMTVale nickel-mine strike must run to July to affect US premiums, sources sayA workers’ strike at Vale’s Sudbury nickel mine, in the eastern Canadian province of Ontario, is now in its second week, but would have to continue for at least a month before nickel premiums would rise in the United States, according to most market sources consulted by Fastmarkets this week., 09 Jun 2021 19:30:00 GMTUS Midwest aluminium premium elevated by strong demand, tariffs, Alcoa CFO saysUS Midwest aluminium premiums were likely to stay at elevated levels on continuing strength in physical demand and the continuation of trade tariffs, the chief financial officer of Alcoa has said., 09 Jun 2021 18:47:00 GMTLIVE FUTURES REPORT 09/06: LME prices broadly unchanged at close but nickel up 1%Prices on the London Metal Exchange were mostly unchanged at the close of trading on Wednesday June 9, with futures contracts sticking to a consolidation phase at high levels so far this week., 09 Jun 2021 16:55:00 GMT