February 2018

Indian refineries working to deal with bauxite residue

Refineries in India are working to find ways to deal with the hazardous residue created from bauxite during the alumina production process, according to the president of the International Bauxite, Alumina and Aluminium Society.

Copper concentrate TC/RCs continue to fall; market eyes potential disruptions

Treatment and refining charges (TC/RCs) for copper concentrates dropped further toward the end of February, with traders in the market for tonnages at even lower levels.

Paradigm shift in Jamaican investment needs reach new gear, Mines Minister says

Jamaica must focus on sustaining the "paradigm shift" in investment that occurred in the past couple of years, and "go full steam ahead" to maximize the benefits of value-added activities, the country’s Minister of Transport and Mines said.

Jamaica's Alpart ships second alumina cargo, plans third, Jisco executive says

A second shipment of alumina produced at Alumina Partners of Jamaica (Alpart) has recently been loaded from Jamaica’s Port Kaiser, according to Sun Jing, a senior engineer and manager at China’s Jiuquan Iron & Steel (Group) Co (Jisco).

Landslide cuts off road access to Ok Tedi copper mine in Papua-New Guinea

Copper concentrate deliveries from the Ok Tedi mine in Papua-New Guinea may be affected after an earthquake-induced landslide cut off the mine from road access, well-informed sources have told Metal Bulletin.

Jamalco alumina plant to end reliance on oil in 2-3 years, md says

The Jamalco alumina refinery at Clarendon in Jamaica will end its reliance on oil within the next two or three years when it converts to using natural gas, its managing director has said.

LIVE FUTURES REPORT 28/02: LME base metals dives on surging dollar; lead spreads back in contango after delivery

Base metals prices on the London Metal Exchange fell across the board at the close on Wednesday February 28, with the complex under pressure from the resurgent dollar, which hit its highest level since January 19.

PRICING NOTICE: Metal Bulletin launches RC assessments to track blister copper imported to China

Metal Bulletin has launched two assessments to track spot and annual refining charges (RC) for blister copper imported to China following a month-long consultation.

Vale more optimistic on prospects for nickel project in New Caledonia, CEO says

Vale is reevaluating its plans for its Vale New Caledonia nickel project due to its improved results and the positive impact of higher cobalt prices, chief executive officer Fabio Schvartsman said on Wednesday February 28.

LIVE FUTURES REPORT 28/02: Comex copper price sinks to two-week low

Comex copper prices softened in the US morning on Wednesday February 28, with a stronger dollar and lower-than-expected Chinese data weighing on the base metals complex.