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    • Brine pools at lithium mine
      Jervois Global ‘moderates’ Sao Miguel Paulista refinery restart; moves to re-align project portfolio
      Australia-based cobalt and nickel supplier Jervois Global has opted to 'moderate' the pace of restart operations at its Sao Miguel Paulista (SMP) cobalt and nickel refinery in Sao Paulo, Brazil
      August 21, 2023
       · 
      By Alexander Cook
      Insights
    • China’s automotive output, sales drop in July amid reduced buying in summer lull
      China’s automotive output and sales both fell in July, on a month-on-month and year-on-year basis, because of reduced seasonal demand in the summer season and the higher base in July 2022, the China Association of Automobile Manufacturers (CAAM) said this week
      August 17, 2023
       · 
      By the Fastmarkets team, Carrie Shi, Sybil Pan, Ruby Liu, Zihao Li, Zihuan Pan, Yiwen Ju
      Insights
    • Correction to Fastmarkets’ South Korea NCM/NCA black mass prices cobalt, nickel payables
      Fastmarkets has corrected its assessments of the black mass payable indicators, cif South Korea, for both nickel and cobalt, which were published incorrectly on Wednesday August 16 due to a back-end calculation error.
      August 16, 2023
       · 
      By Lee Allen
      Insights
    • Launch of South Korean NCA/NCM black mass lithium payable assessment
      Fastmarkets is launching an assessment of the lithium payable as part of its set of weekly price assessments for black mass, CIF South Korea, starting on Wednesday August 16.
      August 15, 2023
       · 
      By Lee Allen
      Insights
    • Glencore considers stockpiling amid production cuts in slumping cobalt market
      An oversupply of cobalt and a subsequent price slump have led to trader and producer Glencore considering stockpiling and curtailing production of the blue metal, the company said during its earnings call on Tuesday August 8
      August 11, 2023
       · 
      By Justin Yang
      Insights
    • electric vehicle speeds through street
      Vale sells stakes in Energy Transition Metals business; deals must face Canada scrutiny
      Brazilian miner Vale has signed a binding agreement with Manara Minerals of Saudi Arabia under which the latter will buy a stake in Vale Base Metals (VBM), the holding entity for the South American company’s Energy Transition Metals (ETM) business, it announced on Thursday July 27
      August 7, 2023
       · 
      By Carrie Bone, Bruno Martins
      Insights
    • Open consultation on methodology for cobalt hydroxide index
      Fastmarkets invites feedback on a proposal to increase the publication frequency of cobalt hydroxide index 30% Co min, cif China, $/lb, from once per week to daily.
      July 21, 2023
       · 
      By Alexander Cook
      Insights
    • Tata Group’s UK gigafactory to produce cobalt and lithium-based batteries
      Tata Group announced this week that it is to invest £4 billion ($5.2 billion) in a 40GW battery cell 'gigafactory' in the UK - producing both lithium and cobalt-based batteries for car manufacturers in the UK and across Europe
      July 20, 2023
       · 
      By Sayaka Kurata
      Insights
    • Rising cobalt prices spur demand for LCO black mass in Asia
      Higher prices for cobalt metal have led to increased interest for assays of lithium cobalt oxide (LCO) black mass in Asia, sources told Fastmarkets on Wednesday July 12
      July 14, 2023
       · 
      By Lee Allen
      Insights
    • China plans state reserve tender to increase cobalt stockpile
      China’s State Reserve Bureau (SRB) is planning to purchase a large volume of cobalt metal for its stockpile, market participants told Fastmarkets on Wednesday July 5
      July 7, 2023
       · 
      By Alexander Cook
      Insights
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