Miscellaneous/Materials 01






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(July 2003) A perspective of the history of rare earths from 2002. Below the periodic table are two extra rows of elements that apparently could not be squeezed into the Russian chemist Dmitri Mendeleev’s elegant summary of the material world.
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(June 2003) High Tech Materials Specialty Metals Mid-month Newsletter reported in May that indium was the rising star. It approached $150/kg. Japan was the main world consumer utilizing 35%.
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(June 2003) Inco  is building a processing facility for nickel in China.  The approximate capacity will be 32,000 typ. In the first week of June, Inco’s workers went on strike.  This is significant because about one fourth of the world’s nickel is supplied by this company which is the second largest global producer after Russia’s Norilsk.  On the LME (London  Metal Exchange) the nickel spot price closed at $8,800/ton; this is about a 25 percent increase since the beginning of the year.  .  

Prices in manganese are going down.  Rotterdam reported $1,250 and China reported $1,100/mt.
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Chinese Indium has reached the bottom at US$50-60/kg. Several smelters have reduced production to meet weak demand. Luizhou China Tin Group states that prices have fallen another US $5-10/kg during June and are basically below manufacturing costs. Luizhou is projected to produce 10 mt in 2002; Zhuzhou Smelter plans to reduce it annual output by one-third to reach a level of 30-35 mg in 2002. The full capacity of the smelter is 50 mt/yr.1(09-02BD78-10-11)
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Broad Spectrum(09-02BD78-3-6)
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Timcal Graphite sets up new natural graphite processing plant in Canada. Scheduled for completion at the end of 2002, the $10 million investment in the Montreal area will provide commercial quantities of products for the North American market. (08-02BD77-10)
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Korea’s two zinc refinery producers are expected to produce 631,000 metric tons of zinc in 2002, compared to 503,535 mt in 2001.(07-02BD76-12)
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Indium growth is predicted to rise 10-15% in 2002.
Elements
May 1, 2002
www.RareEarthsMarketplace.com
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