August 2021

IN CASE YOU MISSED IT: 5 key stories from August 5

Here are five Fastmarkets stories you might have missed on Thursday August 5 that are worth another look.

Brazilian aluminium imports rise 142% in July, duty-free quota under pressure

Brazilian imports of primary unalloyed aluminium rose by 142% year on year in July, putting a newly approved duty-free quota extension under pressure, according to data published by the ministry economy on Wednesday August 4.

PEOPLE MOVES: Brazilian aluminium group appoints Donas first woman president

Brazilian aluminium association Abal has appointed a woman as executive president for the first time, with Janaina Donas taking over the role previously held by Milton Rego after a seven-month recruitment process, the group said on Thursday August 5.

Brazilian mining industry to oppose bill to set higher royalties on all metals

Brazil has joined other major commodity producers in South America, such as Chile and Peru, in a debate about whether to increase mining royalties because of soaring prices - and it can be no surprise that the industry is fiercely against such a move.

HOTTER ON ENERGY TRANSITION: US EV goals crank up supply chain competition

US President Joe Biden has unveiled plans make half of all new vehicles sold in 2030 zero-emissions vehicles, including battery electric, plug-in hybrid or fuel cell electric vehicles (EVs).

AT A GLANCE: Aurubis Q3 revenue up 62%; copper prices high and demand strong

A summary of European copper producer Aurubis' third quarter financial and production results released on Thursday August 5

Teck's lead, zinc operations in British Columbia disrupted by wildfire smoke

Work at miner Teck Resources’ Trail Operations, in southwestern British Columbia, Canada, has been disrupted by smoke from wildfires in the region, Teck announced on Wednesday August 4.

AT A GLANCE: Taseko reports strong Q2 financial performance, Gibraltar copper concentrate production down

A summary of Canadian copper producer Taseko's second quarter financial and operating results, released on Wednesday August 4.

AT A GLANCE: Glencore H1 revenue rises by 32% as commodities prices surge

A summary of Glencore’s financial results for the first half-year of 2021, released on Thursday August 5.

AT A GLANCE: Trevali revenues rise following Caribou restart, but FY2021 guidance cut

A summary of second-quarter 2021 financial results and statements from Canadian zinc producer Trevali, released by the company on Thursday August 5.