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    • Light, Bottle, Shaker
      Glencore to buy Li-Cycle’s Rochester hub MHP production; agreement could help recycler secure DOE loan
      Li-Cycle announced on Thursday October 31 that it had entered an agreement with Glencore to sell 100% of the premium nickel-cobalt mixed hydroxide precipitate (MHP) production at its stalled hub in Rochester, New York – a step that could support Li-Cycle’s efforts to finalize a loan with the US Department of Energy (DOE).
      November 6, 2024
       · 
      By Kirstyn Petras, Rae Boyadjis, the Fastmarkets team
      Insights
    • Light, Bottle, Shaker
      UK recycler Altilium expanding to provide ‘fully circular’ model for Li battery materials
      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.
      October 21, 2024
       · 
      By Lee Allen
      Insights
    • Powder, Smoke, Stain
      South Korean black mass payables drop in September on poor metal margins
      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 […]
      October 8, 2024
       · 
      By Lee Allen, the Fastmarkets team
      Insights
    • Machine, Spoke, Wheel
      European LFP recycling vital for future but facing economic barriers: LME Week
      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.
      September 26, 2024
       · 
      By Lee Allen
      Insights
    • Can, Tin, Weapon
      Nth Cycle CEO interview: Commercial operations start in Ohio and modularity a necessity in US critical materials supply chain
      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
      September 17, 2024
       · 
      By Kirstyn Petras
      Insights
    • Recycling Symbol, Symbol, Cabinet
      Asian black mass purchasing slows in August on sluggish battery metal markets
      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 […]
      September 5, 2024
       · 
      By the Fastmarkets team
      Insights
    • Pattern, Accessories, Fractal
      US burgeoning black mass exporter; domestic battery recycling demand to soar: sources
      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
      August 8, 2024
       · 
      By Kirstyn Petras
      Insights
    • Powder, Smoke, Stain
      Black mass market sentiment turns negative in July amid weaker battery metals prices
      Payables for black mass in the CIF South Korea market inched down in July from the year-to-date highs recorded in June
      August 1, 2024
       · 
      By the Fastmarkets team
      Insights
    • Machine, Spoke, Wheel
      Graphite One partners with Lucid Motors for US domestic advanced graphite supply chain
      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
      August 1, 2024
       · 
      By Rae Boyadjis
      Insights
    • Electronics, Hardware, Computer Hardware
      BASF halts major recycling project in latest blow for Europe battery industry
      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
      July 31, 2024
       · 
      By Lee Allen
      Insights
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