Tin – The global tin deficit has been going strong since 2010, and it isn't likely to let up any time soon. However, prices for the metal lost some momentum in March.
Articles Tagged "indonesia"
Manganese – Mining Weekly reported that a scoping study completed on Robust Resources Ltd.'s (ASX:ROL) Indonesia-based Romang Island project indicates that it will put out about 250,000 tonnes of manganese per year over a mine life of two to three years.
Nickel – Platts reported that Goldman Sachs Group Inc. (NYSE:GS) has upped its three- and six-month nickel price forecasts due to the Indonesian export ban.
Nickel – CTV News reported that Scotiabank now expects nickel to average US$7.66 per pound this year, higher than its initial prediction of $6.75.
Manganese – Mining Weekly reported yesterday that Gulf Minerals Corporation Ltd. (ASX:GLM) plans to develop an Indonesia-based alloy smelter facility. Its goal is to become a major ferromanganese producer by 2018.
Manganese – Indonesia, one of the top mineral exporters in the world, has been in the news more than usual since January 12, when its controversial ban on mineral exports came into effect.
Copper – Speculation regarding Chinese demand continued to keep the red metal in flux this week. Today, apprehension over the upcoming release of Chinese data drew prices back by 0.5 percent, to $6,636.50 per tonne.
Copper – Reuters reported today that Freeport McMoRan Copper & Gold Inc and Indonesia's Aneka Tambang may not be ready with a joint copper smelter venture before Indonesia bans concentrate exports in 2017. This could cause dramatically reduced copper output in the future, as PT Smelting, currently the only copper smelter in Indonesia, is only capable of processing 20% of the national output of concentrate.
Nickel – US and European sanctions on Russia combined with Indonesia's ban on unprocessed ore exports to push nickel to an 11-month high.
Nickel – Reuters reported that Patrick Buffet, chairman and chief executive of France's Eramet SA (EPA:ERA), believes Indonesia's export ban is a positive development and will "eventually support nickel prices."