September 2021

IN CASE YOU MISSED IT: 5 key stories from September 30

Here are five Fastmarkets stories you might have missed on Thursday September 30 that are worth another look.

US copper scrap discounts narrow; brass scrap prices fall

A drop in Comex copper prices has led to a slight lowering of discounts for some copper scrap items, while brass scrap prices fell.

ENERGY TRANSITION: ESG investors should focus on battery electric vehicles, Jefferies says

Environmental, social and governance (ESG) investors should be reducing exposure to plug-in hybrid- and fuel cell-weighted automotive supply chains and focusing instead on battery electric vehicles (BEV), according to a report by Jefferies.

LIVE FUTURES REPORT 30/09: Nickel drops to three-month low on LME, Al only price higher than Sept 1

Nickel's three-month price was at its lowest since late June on the afternoon of September 30; all other London Metal Exchange prices were down across the board by 2-4%.

South32 announces acquisition of up to an additional 25% of Mozal Aluminium

Australia-based mining company South32 have announced that they have exercised their pre-emptive rights to acquire an additional 25% shareholding in Mozal Aluminium from MCA Metals Holding GmbH (Mitsubishi) in a public notice released on Thursday September 30.

Higher copper prices to eventually halt rising consumption, G&H says

Copper consumption will increase in line with surging demand for decarbonization as part of the energy transition, but a combination of factors will eventually see this trend reverse, according to analysis by G&H Metals & Mining Consultancy.

SHFE STOCKS REPORT 30/9: Inventories of base metals broadly down; aluminium bucks trend [UPDATED]

Deliverable stocks of base metals in Shanghai Futures Exchange-registered warehouse broadly declined in the week to Thursday September 30, with tin recording the biggest fall and aluminium being the lone riser.

AT A GLANCE: La Parrilla's tungsten concentrate production increases by 60%

A summary of W Resources' half-year results for the six months to June 30, 2021, at its La Parrilla tungsten and tin project in the Extremadura region of Spain.

IN CASE YOU MISSED IT: 5 key stories from September 29

Here are five Fastmarkets stories you might have missed on Wednesday September 29 that are worth another look.

Secondary aluminium prices reach all-time highs on surging silicon market

Production halts in China, the world's largest producer of silicon and magnesium, saw prices for the chemical elements surge in the week to Wednesday September 29, with ripples felt across the aluminium industry, where elements such as silicon can comprise up to 13% of alloy production.