Payables for nickel cobalt manganese (NCM) black mass in the CIF Asia markets showed mixed trends in June

Read on as Fastmarkets delves into a monthly market update, focusing on the dynamic and fast-evolving sector of battery raw materials

Heightened price volatility observed in many energy metals underpinning the energy transition, including lithium and cobalt, has encouraged the deployment of a variety of hedging strategies, including the increased use of financial tools, industry participants have told Fastmarkets.

German chemical producer BASF announced on Monday June 24 that it will exit a $2.6 billion investment in a nickel-cobalt refining project in Weda Bay, Indonesia due to significant changes in the nickel market since the inception of the project

Read the full transcript from episode three of Fast Forward podcast with Andrea Hotter on geopolitics and the energy transition with Trafigura's Jeremy Weir.

The German auto-manufacturer BMW opened its first press shop in North America at its plant in Spartanburg, South Carolina, where it will produce the exterior for its X3 model, the company announced on Friday June 21

Spot lithium prices in China’s domestic market declined over the week to Thursday June 20, due to ongoing weak spot demand from the sluggish downstream battery sector and bearish sentiment, sources told Fastmarkets

US-headquartered Atlas Lithium decided to expand its investment into Brazilian hard-rock lithium feedstock resources with the acquisition of new exploration permits ahead of scheduled first production from its Neves project in the fourth quarter, the company announced on Monday June 17

Here are the key insights from our conversation with Fastmarkets’ Paul Lusty on the future of the battery raw materials and electric vehicle markets

Chinese authorities are in the process of considering relaxing restrictions on the import of some specifications of black mass to the country, sources said