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Cobalt metal sustains price rally; longer-term oversupply challenges loom
Prices for cobalt metal have witnessed a sustained rally and recovery in recent weeks, after hitting lows at the beginning of the year, even while market participants see challenging conditions on the supply side in the longer term
March 22, 2023
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By Justin Yang
Insights
EU Critical Raw Materials Act welcomed by battery industry experts
The Critical Raw Materials Act (CRMA) proposed by the European Commission has been welcomed by stakeholders familiar with the nascent European battery ecosystem as a step toward achieving a sustainable and reliable supply of materials vital to the region’s ambitious energy transition goals
March 20, 2023
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By Dalila Ouerghi
Insights
EC names critical, strategic raw materials under proposed new act
The European Union’s much-anticipated Critical Raw Materials Act, announced on Thursday March 16 by European Commission president Ursula von der Leyen, has set out new lists of the raw materials now formally designated as strategic and critical
March 17, 2023
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By Claire Patel-Campbell
Insights
European nickel uncut cathode and briquette premiums rise but premiums steady elsewhere
Continued tightness of class one supply within Europe and increased buying interest amid falling London Metal Exchange nickel prices and fresh liquidity have prompted an increase in premiums within Europe, while US and Chinese premiums remain steady for now
March 16, 2023
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By the Fastmarkets team, Callum Perry, Yiwen Ju, Ian Templeton, Dylan Duan
Insights
Volkswagen to set up battery plant in Canada to step up North American strategy
German carmaker Volkswagen has chosen to establish its first North American battery cell plant in Ontario, Canada, due to the growing importance of the region’s e-mobility market share, it said on Monday March 13
March 15, 2023
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By Dalila Ouerghi
Insights
Chinese NPI prices continue to slide on increased supplies from Indonesia
The decline in China’s nickel pig iron (NPI) prices continued for a fourth consecutive week on Friday March 10, with units from Indonesia boosting supplies and prices falling to their lowest levels since September 2, 2022
March 14, 2023
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By Dylan Duan
Insights
ABTC secures black mass deal with TechMet-Mercuria, acquires new battery recycling site
Lithium-ion battery materials company American Battery Technology Co (ABTC) has agreed a deal with global marketing and supply chain platform TechMet-Mercuria for black mass material which will be generated by the first phase of ABTC’s new recycling facility
March 13, 2023
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By the Fastmarkets team, Lee Allen, Yasemin Esmen
Insights
Europe lagging behind on scrap battery feedstock
The potential of the European battery recycling sector was on display at the Battery Recycling Europe 2023 event in London on March 1-2 against a backdrop of soaring demand for the metal raw materials that power electric vehicles (EVs) and energy storage systems (ESSs)
March 13, 2023
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By Lee Allen
Insights
Graphite anode market: A rocky road, but brighter skies ahead
Graphite market: key dynamics
March 13, 2023
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By the Fastmarkets team, Jon Stibbs, Sybil Pan
Insights
Don’t forget phosphate when securing critical raw materials for electrification | Hotter Commodities
Why governments, OEMs, battery makers and the metals and mining industry shouldn't overlook phosphate when securing critical raw materials to achieve their net-zero goals
March 10, 2023
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By Andrea Hotter
Insights
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