September 2023

Ningxia Tianyuan Manganese Industry Group declares insolvency, reorganization citing ‘debt problems, market factors’

The world’s largest producer of electrolytic manganese metal, Ningxia Tianyuan Manganese Industry Group (TMI), which claims a global market share of 40%, has declared insolvency and filed for reorganization, according to a court document seen by Fastmarkets.

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

The Cobalt alloy grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.

Trade log: Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets’ standard-grade cobalt price (low-end)

The Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets’ standard-grade cobalt price (low-end) trade log including business, bids and offers reported to Fastmarkets.

Update to proposal to launch cobalt in MHP CIF CJK prices: pricing notice

Fastmarkets proposes to launch a cobalt mixed hydroxide precipitate payable indicator, % cobalt metal standard grade in-whs Rotterdam, CIF China, Japan, and South Korea and cobalt mixed hydroxide precipitate, outright price, CIF China, Japan, and South Korea, $/tonne.

Asian recyclers pause black mass buying on uncompetitive pricing

The relatively high costs for black mass material meant that some recyclers in China and Southeast Asia were turning away from purchases of such powders in favor of other options, industry sources told Fastmarkets in the week to Thursday September 28.

Tighter supply of cheaper materials, uptick in buying interest push cobalt metal prices

Reduced availability of cheaper materials and a slight recovery in buying interest after the seasonal summer lull have given a temporary push to in-warehouse Rotterdam prices for cobalt metal in the week to Thursday September 28, Fastmarkets has heard.

China's Zhuzhou Keneng New Material obtains license to export gallium

Chinese minor metals producer Zhuzhou Keneng New Material has obtained an export license for gallium from the Chinese government, the company told Fastmarkets.

Antimony prices rise further in China with producers halting furnaces during holidays

Prices for antimony trioxide (ATO) and antimony metal in China climbed up further in the week to Wednesday September 27 supported by companies’ pre-holiday restocking needs, as well as some producers’ plans to halt their furnaces during the Mid-Autumn Festival and National Day holidays (September 29-October 6)

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.