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Quarterly figures released by global miner Glencore on Wednesday October 30 showed that zinc concentrate output was dropping in a tight market while overall nickel output was down despite an increase in briquettes.
Market participants shared insight into the market dynamics for copper, nickel, zinc, lead and tin during LME Week, which ran September 30-October 4
Demand for zinc was expected to grow by 2030, despite the challenges facing both the supply and demand sides, Andrew Green, executive director of the International Zinc Association, said in an exclusive interview with Fastmarkets during LME Week in London
Total open-tonnage stocks in London Metal Exchange-registered warehouses rose by 6.0% to 1,137,907 tonnes at the end of August, from 1,073,574 at the end of July, according to the latest data released by the exchange on Tuesday, September 10.
The Ozernoye zinc and lead mine in Russia launched concentrates production on Wednesday September 4 after year-long delays, Fastmarkets learned.
The London Metal Exchange has unveiled a series of proposals which, if successful, could accomplish what it failed to achieve close to a decade ago: bringing the investment community into the fold.
The China Zinc Smeltery Purchase Team (CZSPT) are discussing possible production cuts on the back of tighter supplies of zinc concentrates and weak demand, according to information provider Antaike.
Copper market price speculation is driving the base metals narrative, head of research at UK-based services provider Sucden Financial Daria Efanova said during the company’s third-quarter metals webinar on Wednesday July 17.
Tightness in raw material supply has driven Fastmarkets’ copper and zinc treatment charges (TCs) to all-time lows, while lead concentrate TCs have hit intra-year lows. Fastmarkets looks at the common themes driving the downward movements
Saudi Arabia, through its spearheading of a mining and minerals production and consumption push in the Middle East, a region usually associated with oil and gas, is leading neighboring countries to increase their presence in the base metals markets