January 2022

Teck in blockchain pilot with DLT Labs to track germanium

Teck Resources Ltd is starting a pilot to use blockchain technology to trace responsibly-produced germanium from the mine to the customer, the company said on Thursday January 20.

Annual contracts for primary foundry alloy (PFA) concluded in the week to January 14

Most concluded deals emerged at $120-150 per tonne, with one trader who was actively negotiating PFA contracts confirming that PFA premiums have increased by $30-40 per tonne compared with a year earlier.

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

The Cobalt alloy grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.

Five key stories from January 19

Here are five Fastmarkets stories you might have missed on Wednesday January 19 that are worth another look.

Demand for antimony expected to pick up after Chinese new year

Antimony metal and trioxide market sources expected a supply squeeze and logistical problems during the imminent Chinese new year holiday although they also expected demand to return after the break.

Ferro vanadium moves up by 5.6%; ferro-tungsten also rises

An overview of the specialty steel raw materials markets in Europe and their latest price moves.

Electra signs battery recycling, cobalt sulfate supply deal with Marubeni

Electra Battery Materials Corp has signed a battery recycling and cobalt sulfate supply agreement with Japanese conglomerate Marubeni Corp, the Canada-based company said.

Ferro-titanium prices supported by tight scrap

Key data from Fastmarkets’ pricing session in Europe on Wednesday January 19.

Trade log: Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets’ standard-grade cobalt price (low-end)

The Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets’ standard-grade cobalt price (low-end) trade log including business, bids and offers reported to Fastmarkets.