Treatment charges for spot market zinc concentrates were flat from one assessment to the next at low levels in the first half of January, with smelters and traders weighing seemingly limited short-term availability against expectations of a mined abundance later this year.
18 January 2021
Archie Hunter, Rijuta Dey Bera
The London Metal Exchange aluminium forward price was dented by almost 1% by a sizeable delivery of material to registered warehouses, while tin recorded the biggest increase at the 5pm close on Monday January 18.
18 January 2021
Ana de Liz
Mining at Vedanta Zinc International's South African zinc mine in Gamsberg has resumed after a two-month shutdown following a landfall at the project in November.
18 January 2021
Ana de Liz
Britannia Global Markets’ application to become a category 2 broking member of the London Metal Exchange has been approved by the exchange, its parent company said on Monday January 18.
18 January 2021
Ana de Liz
LME base metals prices had a mixed start on the morning of January 18, despite positive economic data coming out of China, with copper and nickel rising but zinc falling, capped by a high US Dollar Index.
18 January 2021
Ana de Liz
The base metals on the London Metal Exchange were mainly stronger this morning, Monday January 18, aided by some strong economic data in China, including gross domestic product (GDP) that showed growth of 6.5% year on year in the fourth quarter, which was stronger than the 6.2% expected and up from 4.9% in the third quarter.
18 January 2021
William Adams
The zinc price was the hardest hit as most base metals finished below their psychological price levels on Friday January 15, with a high US dollar resulting in further signs of consolidation taking hold at the London Metals Exchange.
15 January 2021
Ana de Liz
Zinc producer Trevali will restart its mothballed Caribou mine in the Canadian province of New Brunswick after implementing “operational and commercial enhancements,” the company has announced.
15 January 2021
Archie Hunter
Annual zinc ingot supply contracts in Northern Europe and Italy have been negotiated for 2021 at markedly lower premiums than in previous years.
15 January 2021
Ana de Liz
Most base metals recorded a decrease in inventory levels in Shanghai Futures Exchange-registered warehouses in the week to Friday January 15, with the exception of zinc and aluminium.
15 January 2021
Hui Li
