Hanseberg Group

Hanseberg Group

Mining and Trading House from Düsseldorf

Hanseberg Group

Mining and Trading House from Düsseldorf.

Product Portfolio

Product Portfolio

Exemplary Projects

Exemplary Projects

Weekly News

Copper

EU TAGS COPPER, NICKEL AS STRATEGIC BUT INDUSTRY WANT MORE

16.03.2023

EU metal sector welcomed move by EU to include copper, nickel as strategic materials for first time and ensure faster permits and easier access to capital, but more can be done to secure supplies.

CHINESE COPPER DEMAND UP BUT BANKING CRUSH CAP PRICES

17.03.2023

Chinese copper consumption rebound strong and likely maintain strong fuelled by seasonal demand peak and easing Covid 19 restrictions. Rebound provide support for copper prices caused by banking crisis in US and liquidity issues.

Battery Metals

PRICES OF HIGH GRADE SILICON METAL FALL RAPIDLY AMID WEAK MACRO FRONT AND POOR SHIPMENTS

17.03.2023

Silicon metal prices fell rapidly. Prices of high-grade silicon slumped amid thin transactions, when high inventory of silicon metal plants failed to drop on deserted inquiries. High operating rates of polysilicon enterprises and restocking demand from silicon metal powder processing enterprises increase demand for silicon metal.

VW TO INVEST IN MINES TO BECOME GLOBAL BATTERY SUPPLIER

17.03.2023

VW to invest in mines to lower EV battery cost meet half of demand and sell to 3rd party customers. Its strategy aligns with automakers having greater control over supply chains from energy generation to raw material sourcing.

Gold

GOLD PRICE REVIVE AS FRESH BANKING CRISIS HIT RISK APPETITE

15.03.2023

Gold price revive as new crisis in banking sector turned investors away from riskier assets. Gold prices in GBP hit record high in aftermath, while gold in EUR hiked towards all-time peaks hit in 2022. Focus on Federal Reserve’s next move on interest rates as it assesses data showing elevated inflation against backdrop of the collapse of 2 regional banks.

GOLD PRICE SPARK IN TURBULENT WEEK FOR MARKETS

17.03.2023

Gold prices up 2 pct as wave of banking crises shock markets while bets solidified for less aggressive US Federal Reserves in its fight against inflation. Gold up on worries on more bad banking news appear and hopes that Fed will pause its rate hikes.

Tantalite

MOODY’S UPGRADES GLOBAL METALS AND MINING OUTLOOK TO STABLE

15.03.2023

Moody Investors Service changed its global Metals & Mining outlook to stable from negative as business conditions improved in US and Europe and China’s reopening of the economy supports demand for base metals, steel and coal.

ARGENTINA LITHIUM CAPITALIZES ON EV DEMAND FOR CRITICAL MINERALS

15.03.2023

Argentina Lithium’s flagship project at Rincon West adjacent to and located west and north of Rio Tinto’s Rincon project. Interest in exploration project and some of the company’s other assets in Lithium Triangle of Argentina’s Salta and Catamarca provinces, has been intense. 

Contact Us