Critical minerals appear to be exempt from the 'reciprocal' tariffs introduced by Donald Trump on Wednesday April 2; US trade paralyzed by confusion, market participants reported.

After years of insufficient domestic supply that brought prices to record highs, China’s fluorspar supply tightness will ease in 2025 due to several newly developed mining sites as well as rising imports from Africa, sources told Fastmarkets, adding that demand from batteries, especially the energy storage sector (ESS), will continue to rise.

Fastmarkets has observed a missing data set in its fluorspar fob China pricing history. Price data for three fluorspar, FOB China assessments for February 8, 2024, were missing due to a reporter error.

China’s domestic fluorspar prices reacted immediately to the announcement this week that China is set to conduct a country-wide safety inspection and rectification of fluorspar mining from March to August this year

Market participants in China’s fluorspar market are expecting low inventory in the downstream hydrofluoric acid (HF) sector to push up fluorspar demand in the near term, sources told Fastmarkets

Mining company Ares Strategic Mining (ARES) announced on Thursday February 1 that fabrication of its fluorspar acidspar manufacturing facility in the US state of Utah has begun

With China’s fluorspar prices hitting a record high in 2023, market participants in China expect export prices to fluctuate little throughout 2024, mainly due to shortage of supply