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Insights on the US Inflation Reduction Act: Lithium Supply and Battery Raw Materials ’23
Panelists at an industry conference last month shared their opinions on what is known and unknown about the US government’s Inflation Reduction Act (IRA) and its likely consequences for the global battery raw materials supply chain
July 4, 2023
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By Grace Asenov
Insights
Can China’s cheaper nickel sulfate make its way overseas?
Chinese participants are mulling over nickel sulfate exports into neighboring Japan and South Korea, with the main driver the regional price gap between China and these countries, Fastmarkets heard on Tuesday June 27
June 30, 2023
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By Yiwen Ju
Insights
Black mass demand in South Korea gets further support from battery raw materials prices
Increased prices for key battery raw materials such as nickel, cobalt and lithium are continuing to assist demand for shredded nickel cobalt manganese (NCM) lithium-ion batteries
June 26, 2023
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By Lee Allen
Insights
CME Group to launch Fastmarkets-linked lithium carbonate contract
The CME Group will launch a cash-settled lithium carbonate contract that will be settled against Fastmarkets’ assessment for lithium carbonate 99.5% Li2CO3 min, battery grade, spot prices cif China, Japan & Korea
June 22, 2023
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By Justin Yang
Insights
China extends NEV purchase tax breaks to 2027
China will extend its tax breaks for the purchase of new energy vehicles (NEVs) between 2024 and 2027
June 21, 2023
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By the Fastmarkets team, Carrie Shi, Zihao Li, Yiwen Ju
Insights
Spherical natural graphite prices plunge to 11-year lows on more competition from synthetic graphite
The price for spherical natural graphite in China has fallen to its lowest level in June 2023 since Fastmarkets began tracking it in 2012. The question remains, what is behind this historically low price?
June 20, 2023
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By Georgi Georgiev
Insights
China’s battery giants expand to sodium-ion but no threat to lithium
Major Chinese battery makers are expanding their battery portfolio to sodium batteries from dominant LFP and NCM batteries. This is unlikely to impose much threat for the usage of lithium.
June 19, 2023
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By Jingtai Lun
Insights
Six key trends in the battery recycling market
As uptake of electric vehicles (EVs) skyrockets, we look at some of the key trends in the lithium battery recycling and black mass markets
June 19, 2023
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By Julia Harty
Insights
European Parliament adopts updated battery directive targeting circular economy
The European Parliament adopted an update to the European Union’s battery directive on Wednesday June 14, which is intended to further foster circular production for batteries in the bloc
June 16, 2023
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By Solomon Cefai
Insights
China’s auto sector recovers in May, but raw materials market mixed
China’s automotive output and sales posted year-on-year growth in May amid measures to promote consumption during the May Day holiday and due to a low base a year earlier, the China Association of Automobile Manufacturers (CAAM) said
June 15, 2023
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By the Fastmarkets team, Carrie Shi, Sybil Pan, Ruby Liu, Zihao Li, Zihuan Pan, Yiwen Ju
Insights
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