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An overview of the battery raw materials markets and their latest price moves.
The European and United States battery-grade lithium carbonate price fell by 2.9% week on week on Thursday August 27 amid continued poor demand conditions, while the Chinese and seaborne Asian markets held.
There was little to no movement in seaborne coking coal prices on Friday August 28 and sources from China said they expect the cfr market to be soft for another month.
China’s Ganfeng Lithium has finalized the acquisition of a majority stake in Minera Exar, the company jointly owned with Argentinian miner Lithium Americas, for the development of the Cauchari-Olaroz lithium project in Argentina, Lithium Americas said on Friday August 28.
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