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China’s automotive output, sales drop in April on buyer caution
China’s automotive output and sales dropped in April 2023 versus the prior month, with both largely subdued by general caution among consumers that had been fueled by the price wars in the automotive sector during the month
May 18, 2023
·
By the Fastmarkets team, Carrie Shi, Sybil Pan, Ruby Liu, Zihao Li, Zihuan Pan, Yiwen Ju
Insights
NCM batteries expected to keep largest EV market share: Cobalt Congress 2023
Cobalt continues to be a key component for electric vehicle (EV) batteries, with nickel cobalt manganese oxide (NCM) remaining the key battery chemistry amid the growing market share of lithium iron phosphate (LFP) batteries
May 17, 2023
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By Sayaka Kurata
Insights
Wave Nickel buys Brazil ops to make Ni-Co MHP with microwaves
Luxembourg-headquartered Wave Nickel is investing close to $300 million to make nickel-cobalt mixed hydroxide precipitate (MHP) in Midwestern Brazil with a new proprietary microwave technology, it told Fastmarkets
May 17, 2023
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By Renato Rostás
Insights
Tianqi Lithium to build 30,000-tpy lithium hydroxide project amid global energy transition
Chinese lithium producer Tianqi Lithium plans to establish a battery-grade lithium hydroxide project with capacity of 30,000 tonnes per year in Zhangjiagang, Suzhou in China’s Jiangsu province, the company said on Friday May 12
May 16, 2023
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By Zihao Li
Insights
China’s graphite electrodes market stable amid slow demand
The graphite electrodes markets in China remained quiet in the two weeks ended Wednesday May 10 due to slow liquidity resulting from weak steelmaking sectors both at home and abroad
May 16, 2023
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By the Fastmarkets team, Jon Stibbs, Sybil Pan
Insights
Tesla starts construction of US lithium hydroxide refinery
Tesla’s $1 billion project aims at increasing the carmaker efforts of producing battery-grade lithium hydroxide domestically in the United States to serve the growing North American e-mobility market, the company said
May 15, 2023
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By Dalila Ouerghi
Insights
Chinese lepidolite integral to global lithium supply
China’s lepidolite production on a lithium carbonate equivalent (LCE) basis accounted for 12.2% of global lithium production in 2022 and is forecast to account for more than 15% of global lithium production in 2032
May 15, 2023
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By Zihao Li
Insights
Watercycle, RSBruce recover commercial-grade lithium and graphite from black mass
UK-based Watercycle Technologies and precious metal recovery specialist RSBruce Metals & Machinery have extracted commercial-grade lithium and almost 100% pure graphite from spent electric vehicle (EV) batteries, they announced on May 2
May 12, 2023
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By Jon Stibbs
Insights
‘Huge opportunity’ for lithium-ion battery processing in US
The US is lagging in its ability to collect and process lithium-ion batteries, contributing to a massive impending deficit in the domestic supply of lithium that is needed to meet demand for electric vehicles (EVs)
May 11, 2023
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By Grace Asenov
Insights
Glencore, Li-Cycle eye boost in recycled battery metal supply with major Italy plant
Glencore and major battery recycler Li-Cycle intend to build a hub in Italy which was expected to be Europe’s largest source of recycled battery-grade lithium, the two firms said on Tuesday May 9
May 11, 2023
·
By Lee Allen
Insights
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