Financial incentives for companies developing silicon-based anodes in Europe are helping to support the sector, but the focus on innovation, not scale, risks them falling behind North America, experts told Fastmarkets.

Graphite companies Nouveau Monde Graphite, Novonix and Westwater have all announced offtake agreements in a developing US anode supply chain to comply with that country’s generous subsidy scheme under the Inflation Reduction Act and to ease the current dependence on China for material, Fastmarkets heard on Thursday February 15

Traders have built up their presence in the lithium market in recent years; they see an opportunity in lower prices – after record highs set in 2022 – while the lithium industry aims to take advantage of an expected growth in demand spurred by the global energy transition

A group of major automotive manufacturers including Tesla and General Motors sent a joint letter with mining companies and electric vehicle (EV) battery companies on Monday February 5 urging the Biden administration to allow a 10% tax credit to apply to both mineral extraction and mineral processing in the US

India’s burgeoning electric vehicle (EV) battery-making industry could mean the country becomes a significant importer and a reduced exporter of black mass in the coming years, Rajat Verma, founder and chief executive officer of Indian battery recycler Lohum, told Fastmarkets in an interview

Phoebe O'Hara, battery raw material analyst at Fastmarkets, shares her analysis on electric vehicle (EV) demand in 2023 and some insights for 2024 and beyond

Mining company Ares Strategic Mining (ARES) announced on Thursday February 1 that fabrication of its fluorspar acidspar manufacturing facility in the US state of Utah has begun

Brazilian spodumene concentrate producer, Sigma Lithium, is mulling strategies during the current spodumene price downturn, including going further downstream to become one of the most competitive companies in the intermediate lithium chemicals market, chief executive officer Ana Cabral said on Thursday February 1

China’s spot lithium prices edged up over the week to Thursday February 1 amid a sharp uptick in restocking demand ahead of the Lunar New Year holiday (LNY), and some sellers refraining from making sales to increase prices, sources told Fastmarkets

Payables for black mass in key Asian markets showed potential for more downside in the week ended Wednesday January 31, according to market sources