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Indonesia's Refined Bangka Tin (RBT) has deferred some contractual deliveries of refined tin to later in the year due to a fall in production while its smelters are being equipped with a new electrolytic furnace, sources told Metal Bulletin. [ABSTRACT FROM AUTHOR]

Tin premiums fell in Europe and the United States in the week to Tuesday February 27 on improved supply from Indonesia and because the wave of short-covering has subsided. [ABSTRACT FROM AUTHOR]

Tin premiums paused at firm levels in Europe and the United States in the week to February 20, with the prospect of imminent shipments arriving from Indonesia fueling a more cautious tone. [ABSTRACT FROM AUTHOR]

Malaysia Smelting Corp (MSC) recorded a 20% increase in net profit at its tin mining unit in 2017, but its smelting segment registered a loss due to aged equipment and operation inefficiencies that will be addressed by the relocation of its Butterworth smelter from Penang to Port Klang, it said on Friday February 23. [ABSTRACT FROM AUTHOR]

Tin premiums in Europe recorded a three-month high in the week ended Tuesday February 6 with the market looking hungrier for Indonesian material which was delayed by bad weather. [ABSTRACT FROM AUTHOR]

Nornickel has signed a $4.4 billion partnership deal with Russian Platinum Plc in a 50:50 owned enterprise to jointly develop three major PGM deposits in Russia, it said on Wednesday February 7. [ABSTRACT FROM AUTHOR]

The article announces that Shigemoto Toma, a senior aluminium trader for finance company Goldman Sachs, will join Macquarie bank in Singapore on February 8, 2018.

The article offers information on the global tin market. Topics include the stable tin premiums for standard material in the week ended January 30, 2018, tin prices in the London Metal Exchange (LME), and decline in tin stocks trading in the Shanghai Futures Exchange. Particular focus is also given to the increase of tin premiums in the U.S.

The article focuses on the copper mining industry in the world along with the benchmarking of concentrate volumes for 2018 transactions. It mentions that copper miners, including Freeport-McMoRan and Antofagasta, have made big cuts to copper concentrate in terms of tonnages. It adds that some cases altered side terms for material delivered against benchmark treatment and refining charge (TC/RC) terms for 2018.

Singaporean trading house Kyen Resources is opening a London office to expand operations into Europe and will trade base metals, starting with aluminium and concentrates, Metal Bulletin understands. [ABSTRACT FROM AUTHOR]

The International Tin Research Institute (ITRI) will change its name to International Tin Association Ltd on February 1 to reflect its evolution toward more diverse activities including sustainability, it said. [ABSTRACT FROM AUTHOR]

Tin premiums in Europe and Singapore were stable in the week ended Tuesday January 23 amid expectations that the persistent supply tightness in the market would ease in the near term due to the resumption of Indonesian exports. [ABSTRACT FROM AUTHOR]

A series of put options bought at bearish strike prices served as an indication of potential copper deliveries onto the LME, market sources said after more than 36,000 tonnes of the metal hit LME sheds on Tuesday January 23. [ABSTRACT FROM AUTHOR]

Julio Rojas has left Traxys to join the copper concentrates purchasing team of European producer Aurubis AG in Hamburg, Germany, Metal Bulletin has learned. [ABSTRACT FROM AUTHOR]

Aurubis AG has acquired Codelco's share in Deutsche Giessdraht, the copper wire rod plant in Emmerich, Germany, that both producers jointly owned, Aurubis said on Monday January 22. [ABSTRACT FROM AUTHOR]

The article reports that the premiums for tin premiums in Europe and Singapore increased due to tightened supply as the export from Indonesia decreased. It mentions that there is slow rise in 99.9 percent premium in Europe. It states that there is a lack of Indonesia-origin material, due to delay in permit as the spot supply tightened.

The article informs that Oliver Nugent, who has worked on base metals business development at the London Metal Exchange, has been appointed by ING Bank as a commodities strategist.

The article informs that the firm Red Kite is undergoing a restructuring process to consolidate regulatory oversight with all funds and the physical copper business performing well in line with expectations. It is noted that London-based RK Capital Management LLP had conducted a restructuring review that may impact the activity of the LLP in future years. Partner David Lilley will be less involved in Red Kite's day-to-day operations to focus on the new Drakewood Capital Management fund.

The article focuses on 3% increase in primary aluminum stocks at the three main Japanese ports (MJP) month on month in December 2017.

The article reports on the suspension of operations at Codelco's Potrerillos copper smelter in Chile's Atacama region following a problem at an absorption tower.

Tin premiums were mostly flat in the week ended Tuesday January 9 with US premiums remaining at multi-month lows, while lower shipments from Indonesia this month have halted the downtrend in Europe with suppliers increasing offers. [ABSTRACT FROM AUTHOR]

Liberty House has reached an agreement to acquire Rio Tinto's Dunkerque aluminium smelter in northern France, sources with knowledge of the matter told Metal Bulletin on Tuesday January 9. [ABSTRACT FROM AUTHOR]

Marco Cumbo Nacheli has joined warehousing company Pacorini Global Services (PGS) where he will have responsibility for corporate business development, he told Metal Bulletin on Friday January 12. [ABSTRACT FROM AUTHOR]

The article informs that the government of Indonesia has extended special mining license of Freeport-McMoRan (IUPK) for the Grasberg copper mine to June 30, 2018 and automatically extends the export permit of the firm for copper concentrates until February 2019. It is noted that the move could support to copper treatment and refining charges, which decreased to four-month lows on the back of a lower annual benchmark and expectations of tighter concentrate supply from 2018 onward.

The article informs the premiums of Tin started 2018 on a downtrend. It is noted that the European and U.S. premiums reached multi-month lows due to low seasonal demand and increased supply availability from Indonesia in the fourth quarter of 2017. It is noted that volumes traded on ICDX of Indonesia remained high in December at 7,270 tonnes.

Metal warehousing expert Charles Bucknall passed away just before Christmas at the age of 63. [ABSTRACT FROM AUTHOR]

Tin premiums were unchanged in the week to Tuesday December 19, with slower market conditions due to seasonal shutdowns for Christmas and downward pressure still in place amid year-end destocking. [ABSTRACT FROM AUTHOR]

European tin premiums fell to multi-month lows in the week to Tuesday December 12 amid year-end destocking, while numbers in Singapore ticked higher on expectations of tightened supply due to planned maintenance at Indonesian smelters. Chinese and US markets held steady amid the seasonal slowdown. [ABSTRACT FROM AUTHOR]

The chief financial officer (CFO) and the commercial manager at Malaysia Smelting Corp Berhad (MSC) have left the company this month while the tin producer is relocating its Butterworth smelter from Penang to Port Klang, Metal Bulletin understands. [ABSTRACT FROM AUTHOR]

Warehouse and logistics company CWT Commodities is pushing ahead with ambitious growth plans in its metals products, among others, following its acquisition by Chinese conglomerate HNA Group, Metal Bulletin has learned. [ABSTRACT FROM AUTHOR]

Close to 2,000 copper and other base metals participants descended on Shanghai for the annual Asia Copper Week from Tuesday November 28 to December 1, an event at which participants traditionally gather to discuss long-term contracts for both copper cathodes and concentrates as well as to exchange views on the market for the year ahead. [ABSTRACT FROM AUTHOR]

Family-owned Verbrugge Terminals is expanding its standalone presence in base metals warehousing with a new terminal in Vlissingen for handling and storing copper, lead and zinc concentrates, director Anton Verbrugge told Metal Bulletin. [ABSTRACT FROM AUTHOR]

Warehouse companies operating London Metal Exchange-listed sheds have been diversifying away from pure exchange-based business in the past two years to combat the threat of shrinking margins and dwindling stocks associated with tougher rules and controls. [ABSTRACT FROM AUTHOR]

Codelco’s campaign to sell copper cathodes to Asian customers in 2018 is more successful than it has been for years, with around 50% of production volume already placed, senior commercial vice president Rodrigo Toro said during Asia Copper Week in Shanghai. [ABSTRACT FROM AUTHOR]

Annual treatment and refining charges (TC/RCs) below $85 per tonne/8.5 cents per lb for 2018 would be “acceptable” given the deficit seen in the second half of the year, according to Codelco commercial vice president Rodrigo Toro. [ABSTRACT FROM AUTHOR]

Codelco has increased its copper cathode premium offer to customers in Malaysia, Vietnam and Thailand to $75 per tonne for supply over 2018 from $72 per tonne for this year, sources told Metal Bulletin on Thursday November 30. [ABSTRACT FROM AUTHOR]

The Chinese economy including the metals industry is highly focused on deleveraging going into next year, which should see more capacity cuts among unprofitable smelters, senior executives told delegates at Metal Bulletin’s 13th Asia Copper Conference in Shanghai, China. [ABSTRACT FROM AUTHOR]

Tin premiums remained unchanged across the board for the second week in a row, largely due to weak year-end spot market demand and attention centering on long-term contracts for 2018. [ABSTRACT FROM AUTHOR]

China’s plan to adopt strict waste thresholds on a number of imported scrap products from March 2018 will, if confirmed, have a massive impact on the copper scrap market for both prices and shipment flows, Michael Lion, president of Lion Consulting Asia Ltd, warned. [ABSTRACT FROM AUTHOR]

The copper price will reach $7,300 per tonne in the next six months and exceed $8,000 per tonne in 2018, He Jinbi, chairman and chief executive officer of Maike Group, said. [ABSTRACT FROM AUTHOR]

The annual copper treatment and refining charge (TC/RC) benchmark should settle within a range of $80-85 per tonne/8-8.5 cents per lb for 2018, a level that Chinese smelters should find profitable, Nicholas Snowdon, senior metals analyst at Standard Chartered said. [ABSTRACT FROM AUTHOR]

Faced with rising costs and environmental pressure, copper mines need higher prices around or above $7,500 per tonne to justify new investments in production and to keep up with growing demand, executives from key mining companies said. [ABSTRACT FROM AUTHOR]

London Metal Exchange benchmark spreads have had a rollercoaster year in 2017 and next year is not looking any calmer given the low level of registered stocks and sustained strict LME warehouse rules, which could prompt frequent backwardations similar to what zinc is experiencing. [ABSTRACT FROM AUTHOR]

Codelco has increased its 2018 copper cathode premium for its customers in Taiwan, Japan and South Korea by 3% to $70 per tonne, industry sources told Metal Bulletin on Tuesday November 28. [ABSTRACT FROM AUTHOR]

Tongling Nonferrous Metals Group, which is taking the lead for smelters in the 2018 treatment and refining charges (TC/RCs) negotiations, is pushing for a benchmark around this year’s level amid potential smelting disruptions, deputy general manager James Wang told Metal Bulletin. [ABSTRACT FROM AUTHOR]

Tin premiums remained more or less unchanged in the week to Tuesday November 21, but the bias was upward in the US and downward in Europe amid high exports from Indonesia and slowing demand as the end of the year approaches. [ABSTRACT FROM AUTHOR]

Codelco has offered cif Shanghai copper premiums at $75 per tonne for 2018 long-term contracts, up $3 per tonne from 2017, traders who received the offer told Metal Bulletin on Tuesday November 21. [ABSTRACT FROM AUTHOR]

Global aluminium premiums were largely stable in the week to Tuesday November 14, supported by the contango in nearby London Metal Exchange spreads and ahead of Chinese winter production cuts.

Tin premiums stayed firm in the US but fell in Europe in the week to Tuesday November 14 due improved availability from leading exporter Indonesia, although attention in the past 24 hours has turned to reports of arrests that could affect supply in months ahead.