Explore the evolving market for base metals as nickel faces competition from lithium iron phosphate alternatives.

Vale Base Metals plans to boost annual copper production to 700,000 tonnes by 2035, aiming to become a top-five global producer of nickel and copper. CEO Shaun Usmar highlights a focus on productivity, cost optimization and sustainable growth. With strong assets in Canada and Brazil, Vale is well-positioned to meet rising global demand.

Iron ore markets face major shifts as an oversupply looms in 2025, driven by weak demand from Chinese steel mills and changing pricing trends. Key players like Vale and Rio Tinto are tackling challenges such as fluctuating shipments, blending practices in China, and a competitive global market.

Brazilian miner Vale's fourth-quarter premiums for direct-reduced (DR) and blast furnace (BF) iron ore pellets have been adjusted to their lowest levels since the start of the year - but what does this key supplier's move reveal about the state of steelmaking in 2024?

Fastmarkets’ pricing database has been updated. The following prices were published with a delay of 1 day: MB-IRO-0018, Iron ore 61% Fe fines, % Fe VIU, cfr Qingdao, $/dmtMB-IRO-0019, Iron ore 65% Fe fines, % Fe VIU, cfr Qingdao, $/dmtMB-IRO-0020, Iron ore fines, % Si VIU, cfr Qingdao, $/dmtMB-IRO-0021, Iron ore fines, % Al2O3 VIU, […]

Understand how changing demand and costs are reshaping the iron ore trade flows across global markets in 2026.

Fastmarkets has corrected the rationale for its price indices for MB-IRO-0008 62% Fe fines, cfr Qingdao and for MB-IRO-0191 61% Fe fines, cfr Qingdao, which was published incorrectly on Thursday October 16. The fixed-price equivalence of several floated-price transaction concluded on a public platform were erroneously recorded in the trade log part of rationale in […]

Cost and availability concerns around copper have accelerated aluminium substitution in heating, ventilation, and air conditioning (HVAC) systems, with aluminium now used in an estimated 40% of global units, Lionel Chapis, Norsk Hydro’s senior vice president of Hydro Precision Tubing, told Fastmarkets in an exclusive interview on Tuesday August 26.

The US Defense Logistics Agency has canceled its contract opportunity to purchase up to 7,500 tonnes of alloy-grade cobalt due to unresolved issues with the statement of work. The cancellation comes amid a sharp rise in cobalt prices, with the agency indicating the solicitation will be reissued once the issues are resolved.

Explore the Middle East critical mineral landscape driven by Saudi Arabia's Vision 2030 and booming non-oil economy.