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 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

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.

MORNING VIEW: Base metal prices sluggish on summer slowdown

Base metals prices on the London Metal Exchange were mixed this morning, Thursday August 5, and those on the Shanghai Futures Exchange were mainly weaker.

LIVE FUTURES 05/08: LME prices pick up; cancellations in zinc, lead stocks

All London Metal Exchange prices barring copper had small upticks on the morning of Thursday August 5, while 5,200 tonnes of zinc and 2,500 tonnes of lead were booked for removal from LME inventories.

IN CASE YOU MISSED IT: 5 key stories from August 4

Here are five Fastmarkets stories you might have missed on Wednesday August 4 that are worth another look.

BASE METALS WARRANTS REPORT 04/08

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday August 4