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Ford takes the hybrid road | Hotter Commodities
Ford Motor Co has joined the line-up of automotive companies pumping the brakes on the production of electric vehicles (EVs) and opting to focus instead on hybrid models.
August 29, 2024
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By Andrea Hotter
Insights
Northvolt to shift development of lithium-metal batteries to Sweden; US-based Cuberg to close
Northvolt will shift development of its lithium-metal battery technology from California to Northvolt Labs, its research and development campus in Sweden, to consolidate its cell product portfolio, promote cross-innovation and enable cost efficiencies, according to the Swedish battery maker
August 27, 2024
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By Kirstyn Petras
Insights
China’s nickel sulfate market rangebound; global nickel sulfate assessed at wide range
China’s nickel sulfate prices have been consolidating within the range of 26,000-27,500 yuan ($3,653-3,863) per tonne in the past few weeks, with no signs of a clear direction, sources told Fastmarkets.
August 27, 2024
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By Sybil Pan
Insights
California to vote on bill to hold EV battery producers accountable for end-of-life management, recycling
California could soon enact legislation that would make electric vehicle (EV) battery producers responsible for ensuring end-of-life management and recycling of their batteries after Senate Bill (SB) 615 was approved by the Assembly Committee on Appropriations, clearing the way for a floor vote.
August 27, 2024
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By Kirstyn Petras
Insights
Canada to impose 100% tariff on EV imports from China
Canada will impose 100% tariff on imports of China-made electric vehicles (EVs) starting October 1, Prime Minister Justin Trudeau said on Monday August 26. The country is also imposing a 25% tariff on steel and aluminium imports from China starting October 15.
August 27, 2024
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By Nina Hu
Insights
Interview with Eric Norris, president of energy storage at Albemarle Corporation | Fast Forward podcast episode 5 transcript
Read the full transcript from episode 5 of Fast Forward podcast on lithium and navigating the future of energy storage with Albemarle's Eric Norris.
August 27, 2024
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Insights
Albemarle’s Eric Norris says better incentive pricing needed in lithium market to avoid slowing of energy transition
In the fifth episode of Fastmarkets' critical minerals podcast Fast Forward, Albemarle's president of energy storage, Eric Norris, said that economics need to support growth in energy transition's future
August 23, 2024
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Insights
Sigma Lithium ‘pacing, not racing’ growth in current market environment | Hotter Commodities
Sigma Lithium is “pacing, not racing” the expansion of its capacity in the current lithium market cycle, but has an acceleration plan in case of an improvement in conditions, chief executive officer Ana Cabral said.
August 22, 2024
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By Andrea Hotter
Insights
High-grade manganese ore prices to China dive amid falling alloy tender price and weak downstream demand
Seaborne prices for high-grade manganese ore delivered to China fell sharply in the week to Friday August 16, in the wake of growing resistance from buyers to high prices, Hebei Steel’s cut in August alloy tender price and reduced downstream demand
August 22, 2024
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By Tina Tong, Claire Patel-Campbell, the Fastmarkets team
Insights
China’s July cobalt metal export and intermediate import numbers raise market concerns about continued oversupply
Signals of oversupply are caused by newly signed contracts and delays in seaborne logistics, said cobalt traders
August 22, 2024
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By Angeline Shi
Insights
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