SHFE Lead Prices down 1.55% (2017-5-18)

Micron Technology will provide strategic funding for Indium Corporation to expand refining and high-purity materials manufacturing at its Rome, New York facility and restart domestic processing of critical minerals used in advanced semiconductors. The companies will also enter a long-term supply agreement giving Micron access to the resulting materials. Indium Corporation’s existing Rome operations cover indium-, gallium-, germanium- and tin-based compounds. The agreement therefore strengthens a potential U.S. pathway for high-purity indium materials. However, the companies did not identify the minerals covered, investment amount, capacity increase or commissioning schedule, so no incremental indium supply can yet be quantified.