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Do OEM offtakes need careful structuring? Voltaire Minerals’ Brocas thinks so | Hotter Commodities
Original equipment manufacturers (OEMs) have been buying equity in miners to secure access to battery raw materials, but David Brocas, co-founder and managing partner of Voltaire Minerals Partners, contends that the offtake agreements may not be in the best interest of miners unless carefully structured
March 7, 2023
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By Andrea Hotter
Insights
UK Financial Conduct Authority opens investigation into LME’s March 2022 suspension of nickel futures
The UK's Financial Conduct Authority (FCA) has opened an enforcement investigation into the London Metal Exchange’s “conduct, systems and controls” related to nickel futures trading
March 6, 2023
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By Yiwen Ju
Insights
China’s GEM resumes cobalt production at Jiangsu metal refinery
Chinese cobalt producer GEM has been allowed by local authorities to resume cobalt production at its plant in Jiangsu from February 25, the company said on Monday February 27
February 28, 2023
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By the Fastmarkets team, Zihao Li, Alexander Cook
Insights
China’s Yichun city cracks down on illegal lithium mining amid weak market
The local government of Yichun city in China’s Jiangxi province has begun a crackdown on illegal lithium mining in the city, it said on Friday February 24
February 28, 2023
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By Zihao Li
Insights
BHP calls for ‘long overdue’ reform of LME metal delivery rules
Australian mining giant BHP has added to the growing industry pressure on the London Metal Exchange to reform its benchmark nickel price to make it more reflective of the physical market
February 24, 2023
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By Callum Perry
Insights
Tirupati ramps up Madagascar graphite flake capacity
Tirupati Graphite has commissioned a new 18,000 tonnes per year unit to bring its overall flake graphite production capacity to 30,000 tpy, the company has reported
February 22, 2023
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By Jon Stibbs
Insights
Proposed Finnish LFP cathode plant expands Europe’s battery value chain
Competition with Asia to bring the battery value chain to Europe intensifies as mining company Finnish Minerals Group and battery cell manufacturer Freyr Battery explore the possibility of producing LFP cathode material
February 21, 2023
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By Dalila Ouerghi
Insights
Ford’s new LFP plant marks expansion of chemistry in NCM-dominant US market
US automotive manufacturer Ford’s announcement that it would invest $3.5 billion to build a lithium iron phosphate (LFP) plant in the US state of Michigan marks the chemistry’s adoption in a nickel cobalt manganese (NCM) dominated market
February 20, 2023
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By Justin Yang
Insights
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
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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
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By Alexander Cook
Insights
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