Zihao Li

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Participants in China’s battery raw materials market are still struggling to recover from the latest Covid-19 outbreak in the country and the related lockdown measures imposed to prevent further spread of the virus
Covid-19 lockdown measures in about a dozen Chinese cities have led to slowdowns in many factories and created logistics hurdles that are disrupting trade flows, including for metals such as lithium, cobalt, silicon and magnesium
Fastmarkets today launches a prevailing contract price assessment for spodumene min 6% Li2O on a cif China basis.
Fastmarkets is proposing to launch a monthly assessment to reflect the prevailing price range for spodumene concentrate contracts on a cif China basis in response to market feedback
China’s cobalt metal prices have been rising ever since the end of the Lunar New Year holiday and could go even higher because of limited availability in the spot market
More and more automotive producers are increasing the prices for their electric vehicles (EVs) as a response to high lithium and cobalt prices, as well as reduced subsidies for consumers in 2022
Battery raw materials prices are likely to continue to boom in Asia this year due to chokepoints in global supply chains, sources told Fastmarkets
Fastmarkets proposes to amend the publication time of two daily battery-grade seaborne Asian lithium price assessments to 1:00pm London time from 4:00pm London time
This past year marked a spectacular recovery in lithium prices with the market rebounding into growth from the lows of 2020 and pushing lithium carbonate back to the forefront of the battery market
Shanghai-listed Hainan Mining says it will invest no more than 1.065 billion yuan ($164 million) for the construction of a 20,000-tonnes-per-year battery-grade lithium hydroxide plant in Dongfang Lingang Industrial Park in China’s Hainan province.
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