Chinese lithium hydroxide prices played catch-up amid tight supply

Mining News Pro - Chinese lithium hydroxide prices played catch-up with those for lithium carbonate and experienced a double-digit percentage growth for two weeks in a row amid tight supply and strength from China’s lithium carbonate market, Fastmarkets reports.

Supply squeeze risks are pushing lithium price higher and higher

Mining News Pro - Lithium has burst into 2022 with a fresh price spike that hands electric-vehicle makers more warning of even sharper cost pressures to come.

Nickel price storms to 10-year peak on supply worries

Mining News Pro - Nickel price surged to the highest in a decade on Wednesday as investors bet automakers will have to scramble to secure supplies for their electric vehicle batteries as inventories dwindle.

Metals traders are bracing for the next big supply squeeze

Mining News Pro - Industrial metal markets are marching higher again, as production outages and shrinking inventories revive worries about global supplies of some of the key building blocks of the economy and the green-energy transition.

Australia’s Liontown signs supply deal with LG Chem

Mining News Pro - Australian lithium miner Liontown Resources Ltd said on Wednesday it signed a deal to sell lithium spodumene from its flagship project to the battery unit of South Korea’s LG Chem, sending its shares soaring 13%.

Talon Metals stock surges following Tesla supply deal

Mining News Pro - Shares in Talon Metals opened Tuesday’s session up nearly 41.7%, trading near a 52-week high, following an earlier announcement that the company has signed a nickel supply agreement with Tesla.

China coal futures surge on supply worries amid Indonesia export ban

Mining News Pro - China’s thermal coal futures surged by as much as 7.8% to kick off 2022 on concerns of supply disruptions after Indonesia, its biggest overseas supplier, banned exports.

Base metals shine in 2021 on robust China demand, supply concerns

Mining News Pro - Base metals, which were mixed in late Asian trading on Friday, were poised to end 2021 firmer across the board, propped up by an economic rebound in top consumer China and supply concerns.

Iran Alumina Company needs Taash mine for raw materials’ supply

Mining News Pro - Jajarm Alumina Company is the only producer of alumina powder in Iran, which feeds many factories in the country.

Global nickel supply could increase by 20% in 2022

Mining News Pro - Commodity researcher Global Palladium Fund published a forecast anticipating a global nickel surplus of 59KT in 2022.

Lithium miner’s woes may exacerbate strain in EV supply chain

Mining News Pro - Pilbara Minerals (ASX: PLS), one of Australia’s top lithium miners, slashed its forecast for shipments, further exacerbating tight supply for the key ingredient in electric-vehicle batteries.

Oxin Steel is looking for a sustainable electricity supply

Mining News Pro - Electricity supply has long been one of the main concerns of Oxin Steel Company in the recent years.

MP Materials enters rare earth magnet supply deal with GM

Mining News Pro - MP Materials announced Thursday that it has entered a binding, long-term agreement with General Motors (NYSE: GM) to supply domestically sourced rare earth materials, alloy and finished magnets for electric motors in more than a dozen GM models.

Tin price surge worsens supply chain woes for electronics, solar and auto firms

Mining News Pro - Tin prices have nearly doubled from a year ago and are on course for their biggest annual rise in over 30 years, stinging big users of the soldering agent such as electronics firms, utilities, solar panel makers and appliance manufacturers.

Carbon brakes aluminum supply response to booming prices

Mining News Pro - China, the world’s largest aluminum producer, is still running short of primary metal.

Tin price surge worsens supply chain woes for electronics, solar and auto firms

Mining News Pro - Tin prices have nearly doubled from a year ago and are on course for their biggest annual rise in over 30 years, stinging big users of the soldering agent such as electronics firms, utilities, solar panel makers and appliance manufacturers.

BHP to receive Schlam Hercules dump body supply

Mining News Pro - Schlam has been awarded a multi-million-dollar contract to supply its new and improved Hercules dump body to BHP Minerals Australia.

Babylon secures supply contract with Rio Tinto

Mining News Pro - Babylon Pump and Power has secured a contract for the supply of off-site repair services with Rio Tinto in Western Australia.

Teck and Oldendorff team up to reduce supply chain CO2 emissions from BC port

Mining News Pro - Teck Resources and Oldendorff Carriers have announced an agreement to employ energy efficient bulk carriers for shipments of Teck steelmaking coal from the Port of Vancouver to international destinations to reduce CO2 emissions in the steelmaking coal supply chain.

China’s State Grid warns of tight supply in winter, despite easing power crunch

Mining News Pro - China’s State Grid Corp warned of a “tight balance” between power supply and demand through winter until spring, even though a power crunch has eased following measures to boost coal supplies and get large users to cut back on electricity.

Copper price down despite tight supply

Mining News Pro - Global exchange stocks, comprising those in LME, CME and Shanghai Futures Exchange warehouses, have fallen for the last two months.

Ganfeng Lithium lands three-year supply deal with Tesla

Mining News Pro - Ganfeng Lithium, China’s no.1 producer of the battery metal, has signed a new contract with Tesla to supply the electric vehicles maker with battery-grade lithium hydroxide products for three years starting in 2022.

China’s steel group says must ensure supply, control price in volatile market

Mining News Pro - The China Iron and Steel Association (CISA) said on Saturday that industry players must ensure supply while keeping prices stable in what is a “complex, volatile, unstable and uncertain market situation.”

Nickel price surges to highest in seven years as supply dwindles

Mining News Pro - Nickel surged to a seven-year high in London amid concerns that there’ll be less supply of the key industrial metal to meet resilient demand from economies reopening as the pandemic retreats.

Nickel price surges to highest in seven years as supply dwindles

Mining News Pro - Nickel surged to a seven-year high in London amid concerns that there’ll be less supply of the key industrial metal to meet resilient demand from economies reopening as the pandemic retreats.

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