Rare Earth Monthly Summary: March 2019
In the March 2019 issue of the Core Consultants Rare Earth Report, we discuss how the rare earth export restrictions from Myanmar might lend support to heavy rare earth prices.
Currently the light rare earth market is suffering a supply overhang, which is further impacted by poor demand for permanent magnets.
However there is some positive support for permanent magnets expected this year from the wind power and EV sectors, especially in China.
Higher nickel prices offers limited support to chrome and ferrochrome markets
Rising nickel prices, coupled with a slight overreaction to the 30 million tonnes of Vale iron ore being removed from the market in March has offered support to steel and stainless steel prices. However, this is unlikely to have any meaningful impact further upstream on chrome and ferrochrome which continues to be impacted by overproduction. […]
Manganese Prices Stable-Core
[visualizer id=”6811″] After falling in January, ore prices held relatively stable in February and only slight reductions are expected for March. However, China’s production of manganese alloys has increased sharply since 1Q18, and a weak market post-Spring-Festival has prompted the Ferroalloy Industry Association of China to call for cuts to raw material production. Port inventory […]
Why Africa Will Continue to Dominate Cobalt Supply for EV Batteries
On the 21st of February 2019, Lara Smith, MD of Core Consultants addressed members of the SAIMM. She demonstrated why cobalt will continue to be a Sino-African story, particularly with respect to EV battery demand. Lara Smith SAIMM presentation
African cobalt to continue dominating EV battery space – consultant
Original article appeared in Mining Weekly, click to view Africa will continue to play a dominant role in the supply of cobalt for use in electric vehicle batteries, says Core Consultants Managing Director Lara Smith. Speaking at a South African Institute of Mining and Metallurgy (SAIMM) breakfast seminar, in Johannesburg, on Thursday, she indicated that, from an economic perspective, Africa has the cobalt resources, such […]
ERG Halts Cobalt Metal Production at Chambishi
ERG Africa has suspended cobalt metal production at its Chambishi operations in Zambia. This represents the second move by a major cobalt producer to start suspending cobalt production in less than a week. On the last day of the African Mining Indaba, Glencore announced cuts to its Mutanda workforce in the DRC as a way […]
The Energy Mix of the Future
Mining Indaba 2018. Core Consultants explores the role of fossil fuels and nuclear energy in a world that is going electric. Does this spell the demise of traditional fuel sources? The Energy Mix of the Future
Mining Cobalt in Namibia
Celsius Resources speak to delegates at the Inaugural Cobalt Investor Network evening, in London about building a cobalt mine in Namibia. DOWNLOAD PRESENTATION: Cobalt Investor Evening London 21 November 2018
Where is Cobalt Going to Come From?
Tony Southgate from Stratton Metals speaks to delegates at the Inaugural Cobalt Investor Evening, sponsored by Celsius Resources. DOWNLOAD PRESENTATION: Where is cobalt going to come from?
Cobalt/Copper Projects on the African Copperbelt-A Technical Overview
John Parker speaks to delegates at the Inaugural Cobalt Investor Evening, sponsored by Celsius Resources. DOWNLOAD PRESENTATION: Cobalt Overview: Technical Analysis