Manganese Market Falters On Higher Stocks
Ore stocks at Chinese ports reached 2.17m tonnes, compared to 1.8m tonnes in May. Furthermore, it has been confirmed that a further 16 vessels carrying a minimum of 500,000 tonnes of manganese is destined for Tianjin port, but there has been no confirmation that this material has been sold. Whilst there appears to be a […]
China Reforms Its Resource Taxes-Rare Earth Summary-
Core Consultants has now released its June Rare Earth Monthly Report. The main topics in this feature looks at China’s new resource tax structure, new investments into rare earth smelting and changes to incentive schemes in the electric vehicle market. Market Summary From 1 July, China will expand its reform of resource taxes across the […]
David Creamer
Tenke, China Moly and African Taxes
Tenke Fungurume was acquired by China Molybdenum on has just been taken acquired by China Molybdenum. In the last 12 months, there appears to have been a notable pick-up in interest in mining assets across Africa. Of specific interest are those transactions where the underlying asset resides in Africa, though the listed entity, payments, change […]
Valuation of Iron Ore Investment
Overview Our client invested in an iron ore mine in Sierra Leone in return for a 2% royalty payment. As a listed investment holdings company, the client needs to provide an annual independent valuation to the stock market. Methodology Each year, Core Consultants develops a Net Present Value (NPV) model of the mine. In order […]
Market Study Of The Lithium Market
Overview Core Consultants was commissioned to author an indepth market study on the lithium market. Methodology This report was completed as a hybrid between a desk-top study and interviews with market participants. The report covered demand by end users, supply by regions and provided a price outlook. Our Recommendation At the time the first report was published, […]
Analysis of New Rare Earth Entrant
Overview Our client was establishing a rare earth operation. However, before investing in a separation plant, they wanted to sell an intermediary mixed concentrate product in order to realise cash sooner. Core Consultants was brought in to understand whether there was a market for a mixed rare earth concentrate. Methodology We used a combination of […]
Analysis Of The Chrome Ore Value Chain
Overview Our clients were concerned that their IPO would not be successful and that they would not achieve a fair share price owing to the decline in chrome ore prices. Core Consultants was therefore asked to conduct an independent market analysis on the chrome ore industry and provide an outlook for chrome ore prices. Methodology […]
Conflict Mineral Supply Chain Analysis
Overview An American multinational technology company headquartered in California currently procures 5% of the cobalt market as an indirect buyer from battery manufacturers in China. The company is embarking on a strategy where, if successful, would see them increasing their requirements to 20% of the cobalt market. They therefore needed a suitable supplier in the DRC […]
Sourcing Suitable Coal For Gasification
Overview Our client wished to erect a new oil refinery and therefore required a coal gasification unit. The main issue was the area was in a remote location and it would be a challenge to source thermal coal and therefore the most efficient way to bring the coal to site had to be considered. Core […]