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Blog - Basic Metals

IGO Shuts Down Operations at Kwinana Lithium Plant
IGO Shuts Down Operations at Kwinana Lithium Plant
Jan 24, 2025
Eye 188

IGO Limited pauses its Kwinana lithium plant operations citing financial impairments, coinciding with rising global lithium demands and exports from Australia.
South Africa Sees a Modest Rise in Aluminium Alloy Tube Exports, Now Valued at $92M for 2024
South Africa Sees a Modest Rise in Aluminium Alloy Tube Exports, Now Valued at $92M for 2024
Jan 24, 2025
Eye 99

Aluminium Alloy Tube exports reached their peak and are expected to keep growing in the near future. In 2024, the value of aluminium alloy tube exports was $92M.
Brazil's Zinc Powder Imports Plummet to $2.6 Million in 2024
Brazil's Zinc Powder Imports Plummet to $2.6 Million in 2024
Jan 24, 2025
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Imports of Zinc Powder reached a peak and are projected to keep growing in the near future, with a value of $4.3M in 2024.
Stardust Power Sets Foundation for $1.2 Billion Lithium Refinery in Oklahoma
Stardust Power Sets Foundation for $1.2 Billion Lithium Refinery in Oklahoma
Jan 23, 2025
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Learn about Stardust Power's $1.2 billion investment in a lithium refinery in Oklahoma to strengthen the U.S. mineral supply chain and boost energy leadership.
Nickel Prices Plummet as Indonesian Supply Surges
Nickel Prices Plummet as Indonesian Supply Surges
Jan 23, 2025
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Nickel prices reached a four-year low due to oversupply driven by Indonesia's production surge. Learn about the market dynamics and future strategies.
Tianqi Lithium Corp. Faces Net Loss and Halts Expansion Amid Lithium Market Slump
Tianqi Lithium Corp. Faces Net Loss and Halts Expansion Amid Lithium Market Slump
Jan 23, 2025
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Tianqi Lithium Corp. forecasts a significant net loss due to declining lithium prices and halts its Australian expansion, illustrating market challenges.
Alcoa Plans to Reroute Australian Aluminum Amid Potential U.S. Tariffs
Alcoa Plans to Reroute Australian Aluminum Amid Potential U.S. Tariffs
Jan 23, 2025
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Alcoa plans to redirect Australian aluminum to the U.S. as potential tariffs on Canadian imports loom, affecting global market dynamics and costs.
Tianqi Lithium Corp. Faces Significant Financial Challenges in 2024
Tianqi Lithium Corp. Faces Significant Financial Challenges in 2024
Jan 23, 2025
Eye 121

Tianqi Lithium Corp. forecasts a major net loss in 2024, driven by a downturn in the battery metals market and plummeting lithium prices.
Chile's Confident Stance in Lithium Expansion Amid Global Challenges
Chile's Confident Stance in Lithium Expansion Amid Global Challenges
Jan 23, 2025
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Chile remains a key player in the lithium industry, aiming to expand its mining efforts despite global market challenges, to cater to the growing electric vehicle sector.
GP Gunter Papenburg Consortium Increases Bid for Salzgitter AG
GP Gunter Papenburg Consortium Increases Bid for Salzgitter AG
Jan 23, 2025
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GP Gunter Papenburg AG consortium raised Salzgitter AG bid to EUR1.1 billion, causing a significant stock surge.
Asian Steel Mills Face Challenges in Greener Steel Production
Asian Steel Mills Face Challenges in Greener Steel Production
Jan 23, 2025
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Asian steel mills are intensifying efforts to reduce carbon emissions in steel production, navigating regulatory pressures and market demand for sustainable practices.
EUROFER Calls for Swift Carbon Border Adjustment Mechanism Implementation
EUROFER Calls for Swift Carbon Border Adjustment Mechanism Implementation
Jan 23, 2025
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EUROFER emphasizes the urgent need for CBAM improvements to prevent carbon leakage and support the EU steel industry's competitiveness, proposing key amendments before its 2026 launch.
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