American Metal Market is part of Fastmarkets

On the one-year anniversary of the Inflation Reduction Act (IRA) – which was signed into law on August 16, 2022 – Fastmarkets has highlighted three takeaways from the landmark legislation and its impact on battery raw materials

Peruvian zinc-lead miner Volcan has suspended operations at its Islay mine since mid-July, mainly due to the weakening of the zinc price that has eroded mining margins, Fastmarkets has learned from industry sources

China’s automotive output and sales both fell in July, on a month-on-month and year-on-year basis, because of reduced seasonal demand in the summer season and the higher base in July 2022, the China Association of Automobile Manufacturers (CAAM) said this week

Following a consultation period and market feedback, Fastmarkets has realigned its black mass payables for nickel and cobalt in nickel cobalt manganese (NCM) and nickel cobalt aluminium (NCA) black mass, effective from Wednesday August 16.

Fastmarkets has corrected its assessments of the black mass payable indicators, cif South Korea, for both nickel and cobalt, which were published incorrectly on Wednesday August 16 due to a back-end calculation error.

The steel industry is well-equipped to meet the demand generated by the Inflation Reduction Act (IRA) and the CHIPS and Science Act (CHIPS Act), experts told Fastmarkets on the one-year anniversary of the legislations