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Black Mass: Falling Cobalt Prices Slow Buying in Asia
Payables for black mass fell across Asia’s main battery recycling hubs in the week ending Wednesday, September 23. The main weight on negotiations is the decline in cobalt sulfate prices: with weak demand for battery salts and stocks already available, many recyclers...
Shanghai Futures Exchange Closed For The Mid-Autumn Festival
The Shanghai Futures Exchange is closed today, Friday September 25, for China’s Mid-Autumn Festival. The suspension of trading will continue until Sunday September 27, while the market will reopen as normal on Monday September 28. The exchange also held no...
European Zinc Premiums Widen As The Market Splits Between Small And Large Volumes
Northern European zinc premiums widened in the week ended Tuesday September 22, reflecting growing fragmentation in the physical market. Small lots remain readily available from distributors and are sometimes offered at lower prices, while securing parcels of more...
Project Crucible Clears Environmental Review And Confirms 2029 Start
Korea Zinc has passed a fundamental stage in the development of Project Crucible, the large integrated critical-minerals hub planned for Clarksville in the US state of Tennessee. The US government completed its final environmental assessment and concluded that the...