LME Base Metals Inventories (2017-8-25)

Ferro-Alloy Resources reported that ferromolybdenum produced at its Balasausqandiq plant contained 14.6 tonnes of molybdenum in H1 2026, down 47.5% from 27.8 tonnes a year earlier. The figure represents contained molybdenum, not the gross weight of ferromolybdenum; the company did not disclose the alloy grade or total product tonnage. Raw-material throughput fell 35% because suitable, economically processable purchased concentrates were unavailable, while revenue declined 28% to $1.8 million. Feedstock constraints reduced output, although the plant’s absolute tonnage remains small.

[SMM Analysis: Low-Carbon of Primary Copper Begin Trading Separately—Will Recycled Copper’s Green Value Be Reassessed?] BHP and Amazon’s EAC pilot separates verified emissions reductions from physical copper trade, giving low-emissions primary copper a new source of environmental value. Recycled copper retains a major energy advantage, but future competitiveness may depend more on traceability, recycled content and verified carbon data, potentially adding an environmental dimension to pricing.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 29 Sep , 2026