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LG Chem secures spodumene from Piedmont Lithium for US operations
Junior miner Piedmont Lithium has agreed to provide South Korean cathode maker LG Chem with 200,000 tonnes of spodumene concentrate (SC6%) over a four-year period, it said on Thursday February 16
February 20, 2023
·
By the Fastmarkets team
Insights
Cobalt derivatives’ popularity solidifies new aspect of cobalt trading, Traxys CEO says
Financially settled contracts for metals have grown in popularity over the last 12 months, and this likely played a role in a change of ownership at Traxys
February 17, 2023
·
By Alexander Cook
Insights
Glencore’s coalface challenge | Hotter on metals
Glencore’s new chief executive officer Gary Nagle is learning a key management lesson the hard way, namely: “You can't please all of the people all of the time
February 17, 2023
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By Andrea Hotter
Insights
Four things we learned at the MRAI 2023 scrap conference in Kochi, India
The Material Recycling Association of India’s annual International Metals Recycling Conference (IMRC) on February 2-4 saw the event return to southern city of Kochi for the first time since 2019 and, judging by the demand for rooms in the run-up to the event, there has been a massive increase in the numbers attending
February 17, 2023
·
By Lee Allen
Insights
Trafigura faces alleged nickel swindle | Hotter on metals
Global commodities trader Trafigura is suing Indian businessman Prateek Gupta and companies connected with him after discovering an allegedly elaborate scheme of nickel fraud
February 16, 2023
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By Andrea Hotter
Insights
Umicore starts industrialization of manganese-rich CAM production
Battery materials firm Umicore has started the industrialization of its high lithium, manganese (HLM) cathode active material (CAM), it said, and was targeting commercial production and use in electric vehicles in 2026
February 15, 2023
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By Justin Yang
Insights
India finds 5.9 million-tonne lithium deposit
The Geological Survey of India discovered a new lithium deposit containing 5.9 million tonnes of inferred lithium resources in the country’s Salal-Haimana area of the Reasi District of Jammu and Kashmir, the Indian government said on Thursday February 9
February 15, 2023
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By Zihao Li
Insights
GreenRoc wins ERMA support for Amitsoq graphite project
The European Raw Materials Alliance (ERMA) has given its official support to GreenRoc Mining’s Amitsoq graphite project in southern Greenland with the intention of improving the security of graphite supply for the EU, which has categorized it as a critical material
February 15, 2023
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By the Fastmarkets team, Jon Stibbs, Sofia Okun
Insights
Nickel market reacts to Trafigura’s ‘shocking’ fraud allegations
Nickel market participants around the world reacted with alarm to the allegations of “systematic fraud” raised by global commodity trading house Trafigura that could result in losses of up to $577 million
February 13, 2023
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By Callum Perry
Insights
Nickel sulfate price rebounds in China; market participants skeptical amid subdued EV demand
The nickel sulfate price rebounded for the first time in two months with new buying interest emerging after China’s 2023 Lunar New Year holiday
February 13, 2023
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By Yiwen Ju
Insights
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