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1 week ago | 
fastmarkets.com | Julienne Raboca
Following the conclusion of a consultation period, Fastmarkets has introduced a new monthly price assessment to reflect 99.4% min grade chromium commonly sourced from European producers, which is traded at a premium to the broader 99% grade. This material had previously been included in the MB-CR-0001 chromium alumino-thermic 99% min, in-whs Rotterdam, $/tonne.
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2 weeks ago | 
fastmarkets.com | Julienne Raboca
The lower end of the range was originally incorrectly published due to a procedure lapse. The price was originally published at $28-32 per lb. The bismuth 99.99% Bi min, in-whs Rotterdam assessment has since been corrected to $25-32 per lb. Fastmarkets’ pricing database has been updated to reflect this change. This price is part of the Fastmarkets minor metals price package.
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2 weeks ago | 
fastmarkets.com | Julienne Raboca
At a panel on integrating energy security within a broader security network, acting US Assistant Secretary for Energy – Tommy Joyce delivered a blunt assessment of clean energy technology vulnerabilities, directly challenging the European push for rapid decarbonization. “For true energy security, we must leverage all resources that are affordable, that are available, and that are secure,” Joyce said. “It’s about energy addition, not subtraction.
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1 month ago | 
fastmarkets.com | Julienne Raboca
The European Space Agency’s sustainability chief revealed that research into using lunar regolith for solar panel production was accelerating as germanium shortages threatened traditional space power systems. The European Space Agency (ESA) is researching the use of lunar regolith (moon soil) for solar panel production as part of its strategy to address critical mineral supply challenges that threaten space-based power systems, according to the agency’s Chief Climate and Sustainability Officer.
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2 months ago | 
fastmarkets.com | Julienne Raboca
Anna Krutikov, head of sustainable development at multi-national mining and trading company Glencore, outlined the company’s transition strategy toward critical minerals while highlighting regulatory hurdles in the circular economy during a panel at Economist Impact’s Sustainability Week in London on Tuesday March 11.
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2 months ago | 
fastmarkets.com | Julienne Raboca
The following prices were published with a delay of 16 hours and 39 minutes:MB-MAG-0018 – Magnesia, dead burned, 95% MgO, fob Europe, $/tonneMB-MAG-0013 – Magnesite, Greek, raw, max 3.5% SiO2, fob East Mediterranean, €/tonneMB-MAG-0012 – Magnesia, European calcined, agricultural, cif Europe, €/tonneMB-MAG-0019 – Magnesia, fused, 97% MgO, cif Europe, $/tonneThese prices are a part of the Fastmarkets industrial minerals package.
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2 months ago | 
fastmarkets.com | Julienne Raboca
European silicon producer Elkem remains confident that mounting trade restrictions in the EU and the US will not significantly impact silicon metal prices or availability, citing the material’s strategic importance and strong regional demand fundamentals. However, market participants report continued uncertainty in the silicon metal market and confusion surrounding Elkem’s decision to classify its silicones segment as held for sale and discontinued operations.
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Jan 31, 2025 | 
fastmarkets.com | Julienne Raboca
Fundamental market drivers and industrial sector support are expected to sustain momentum in critical minerals development despite potential policy shifts under the Trump administration, according to experts at the Resourcing Tomorrow Government Roundtable Feedback Session held on Thursday, January 23. Trump strategies are likely to have a significant impact on supply chains and international partnerships, drawing attention from key stakeholders in the critical minerals industry.
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Dec 6, 2024 | 
fastmarkets.com | Julienne Raboca
The US approach to competing with China on critical minerals is likely to fundamentally shift under a second Trump presidency, combining both tariffs and subsidies rather than relying on subsidies alone, according to Fannon. “What we haven’t seen is the corresponding tariffs. So we’ve only been developing a race against China’s [subsidies]. And that’s a race that the US as well as any free-market economy is destined to lose,” Fannon told delegates.
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Dec 3, 2024 | 
fastmarkets.com | Julienne Raboca
The UK’s 2024 critical minerals assessment reflects growing concerns over supply security and geopolitical risks, particularly as China tightens control over key materials essential for clean energy and defence technologies. The assessment evaluated 82 raw materials – compared with 26 in 2021 – and identified 34 critical minerals in total, including 17 new additions.
