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NCM Black Mass Falls In Asia, Lithium, Nickel And Cobalt Weigh On Payables
Payables for NCM black mass continued to fall in both South Korea and Southeast Asia in the week ended Wednesday July 1, reflecting increasingly cautious sentiment in the main Asian battery recycling hubs. The weakness of the underlying metals weighed most on the...
Heavy Plate Slightly Lower In Europe, With Weak Demand And Slower Summer Activity
The European heavy plate market showed slight downward pressure in the week ended Thursday July 2, both in Italy and in Northern Europe. What weighed on prices were above all weak demand, the reduction in commercial activity typical of the summer period and greater...
Sierra Gorda Expands, KGHM And South32 Target More Copper In Chile By 2030
Poland’s KGHM Group and South32 will build a fourth grinding line at the Sierra Gorda copper mine in Chile, with the objective of increasing the plant’s production capacity by 25%. According to what KGHM announced on Wednesday July 1, the expansion will allow Sierra...
Chinese Tungsten, Luoyang Yulu Stops After CMOC Suspends Tailings
The Chinese tungsten market is back under observation after the production halt at Luoyang Yulu Mining Co., a joint venture controlled 60% by Xiamen Tungsten and 40% by CMOC Group. The company, specialized in recovering tungsten from molybdenum tailings, has...