South Africa’s newly approved Critical Minerals and Metals Strategy and the draft of the 2025 Mineral Resources Development Bill (MRDB) have drawn significant attention from global market participants, particularly manganese and chrome buyers in China.

Fastmarkets wishes to clarify details around the following aspects of the pricing calendar for its MB-MNO-0002 manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth. Fastmarkets will publish the MB-MNO-0002 manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth, on Tuesday April 22 as a replacement for publication on the UK Good Friday public holiday […]

The publication of Fastmarkets’ MB-CHO-0003 chrome ore South Africa UG2/MG concentrates index, cif China on Tuesday April 15 was delayed because of a technical issue. Fastmarkets’ pricing database has been updated. The following price was affected: MB-CHO-0003 Chrome ore South Africa UG2/MG concentrates index, cif China, $/tonne The price is a part of the Fastmarkets ores […]

Glencore achieved a 40% year-on-year increase in cobalt output during 2022 to a total of 43,800 tonnes, the company said in its annual production report published on Wednesday February 1

Fastmarkets explores the logistical challenges facing South African ore exports, from the perspective of chrome and manganese markets

Chromite prices rose further in the two weeks to Tuesday May 31 on support from cost pressures and logistical issues in South Africa

UG2/MG chrome ore prices experienced major declines in the week to Tuesday July 12, dropping by $15 per tonne week on week, as the market saw the beginnings of a break in the continuing stalemate of recent weeks

Freight rates for dry bulk commodities lifted for the second consecutive week in most routes monitored by Agricensus...

China’s cobalt tetroxide prices drifted lower in the week to Wednesday September 1, due to weak demand from battery producers, while cobalt sulfate prices remained rangebound, with producers rejecting lower bids.

Producers actions to reduce losses raise raw material costs, the market now braces for Q4 hikes