British recycling firm Altilium is building up its operations to a “fully circular” model that will enable the recovery of battery-grade metals from scrap or black mass, a company spokesman told Fastmarkets on Thursday October 10.

Prices for nickel on the London Metal Exchange started the month in bearish fashion, but gained ground towards the end of the month, partly on Chinese stimulus measures helping the country’s stainless steel sector, which is the major consumer market of nickel. Fastmarkets’ lithium carbonate spot battery-grade prices fell in early September before recovering slightly […]

The recycling of lithium iron phosphate (LFP) batteries remains at a nascent stage in Europe as we approach LME Week 2024, with weak lithium prices and a lack of buyers for LFP black mass keeping its economic viability low.

Critical metal refiner Nth Cycle became the first company in the US to produce premium nickel-cobalt mixed hydroxide precipitate (MHP) this week, when it began commercial-scale operations on Monday September 9

Nickel and cobalt prices fluctuated through the month, but Fastmarkets’ assessments of battery-grade lithium carbonate spot prices fell for most of August due to poor consumer demand and a severe oversupply of material, sources said. Asia The sharp downtrend in lithium prices observed during the month also led to a decline in the value of […]

US scrap battery volumes are expected to soar over the next decade, precipitated by increased electrification and decarbonization efforts, according to estimates from Fastmarkets’ research team

Payables for black mass in the CIF South Korea market inched down in July from the year-to-date highs recorded in June

Alaska-based Graphite One announced on Monday July 29 that it has entered into a non-binding supply agreement with California-headquartered EV maker Lucid Motors to advance its Graphite One Project mission of planning a complete US domestic supply chain for advanced graphite materials

Major chemical company BASF is pausing its plans to build a large refinery for battery recycling in Spain due to sluggish adoption of electric vehicles (EVs) in the EU, the firm said late last week

Fastmarkets will launch its new suite of US black mass payable indicators on Wednesday August 7, following a one-month consultation period.