Tertiary Minerals plc (TYM) Sale of shares in Sunrise Resources Plc
The Company announces that on 17 July 2019, it sold 31,500,000 shares in Sunrise at a price of 0.08 p per share for a total consideration of £25,200. Tertiary now owns 79,454,787 shares in Sunrise, being 2.89% of Sunrise’s issued share capital. The shares were bought by Patrick Cheetham, Chairman of Tertiary (and Sunrise). Mr […]
Industrial Minerals: European acidspar market tightness pushes buyers to China; prices firm there – Tertiary Minerals #TYM
Article and tables by Michael Greenfield, Industrial Minerals Acidspar consumers in Europe have struggled to secure quality material consistently and in timely fashion because Chinese consumers are paying more than their European counterparts. Acidspar availability in Europe is tight because producers are looking to sell to consumers in China where they can achieve higher prices. […]
Industrial Minerals: Strong fluorspar pricing to continue into 2019 – producers
Article by Michael Greenfield, Industrial Minerals Tight supply and strong demand has given fluorspar producers confidence that strong prices will continue into 2019. Restricted fluorspar supply from China has pushed prices higher over 2018 and with strong end-market demand, producers believe market conditions will carry on supporting high prices. One producer told Industrial Minerals that […]
IndMin article – Orocobre lithium production down but average lithium carbonate prices up
by Martim Facada, IndMin. First published: Thursday, 05 April 2018 Link here to read the original article on the IndMin.com website Adverse weather and lower evaporation rates reduced Orocobre’s lithium compounds output in the first quarter, but it still achieved higher sales prices. Argentina-based lithium producer Orocobre has announced a 29% fall in its production […]
Chinese lithium market remains slow but prices rise globally – IndMin article
Article by Martim Facada, IndMin Spot prices in the domestic Chinese market for lithium have softened this week due to lower consumption, while prices in the rest of the world have gone up, driven by bullish market sentiment. Spot prices for lithium fell this week in China because of lower consumption, with most consumers in no […]
Make acid grade again: The potential for a resurgence in US fluorspar production – by Michael Greenfield, Industrial Minerals
Article from Industrial Minerals By MICHAEL GREENFIELD Published: Thursday, 08 February 2018 President Trump is set on ensuring US demand for fluorspar is served by domestic production, but with annual demand at 400,000 tonnes and effectively zero production, Industrial Minerals delves into the scope for meaningful fluorspar production in the US. President Trump’s executive order on December 20, […]
China Kings reports surging profits as fluorspar prices rally – Tertiary Minerals (TYM)
From Industrial Minerals. By ALBERT LI First published: Tuesday, 29 August 2017 Amid supply pressure from environmental protection policy, strong demand in fluorine chemical industry helps support fluorspar prices. Sales and profits at China Kings Resources Group, the leading fluorspar company in China, bounced on rising prices for fluorochemical feedstock. Revenues rose by 21% year-on-year […]
Lithium market report 10-24 April – IndMin
By MARTIM FACADA First published: Monday, 24 April 2017 The lithium market across the three major regional markets – the US, Europe and China – has been relatively stable in April so far, supported by continuous growth in the Chinese battery sector. The Chinese domestic market – which has higher spot market activity than […]
US bill seeks to re-establish local rare earths production – IndMin & Tertiary Minerals
By MYLES MCCORMICK First published Wednesday 8 March 2017 Legislation under consideration by the US House of Representatives would create a fund to support domestic production of strategic minerals, chiefly rare earths (the lanthanide elements, yttrium and scandium) but would also provide financing to lithium, fluorspar, vanadium and antimony producers. A bill introduced to the floor of […]
Fluorspar prices remain stable amid increasing supplies – Tertiary Minerals (TYM)
Spot fluorspar prices in Europe have remained unchanged despite increased supplies in the market. Many expect the recovering steel sector to support feedstock metspar prices. Metspar spot prices have remained largely stable in Europe over the last couple of week despite increased supplies reaching Turkey, market sources told Industrial Minerals. Turkey is receiving more materials from […]