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    • China’s Lygend delivers first EV battery-grade nickel sulfate from Indonesia
      China’s nickel producer Lygend said on Sunday March 26 that it had made its first batch of nickel sulfate products in Indonesia on Saturday, becoming the first electric vehicle (EV) battery-grade nickel sulfate project in the country to achieve production
      March 29, 2023
       · 
      By the Fastmarkets team, Carrie Shi, Yiwen Ju
      Insights
    • Chinese auto price war drags down battery raw materials prices
      An increasingly fierce price war in China’s domestic automotive sector for electric vehicles (EVs) and traditional vehicles in recent months has dealt another blow to battery raw materials prices, sources told Fastmarkets
      March 24, 2023
       · 
      By the Fastmarkets team, Carrie Shi, Sybil Pan, Zihao Li, Yiwen Ju, Jingtai Lun
      Insights
    • 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
       · 
      By Justin Yang
      Insights
    • Delayed publication of cobalt, lithium prices
      The publication of a number of Fastmarkets’ price assessments was delayed on Thursday March 16 for technical reasons.
      March 16, 2023
       · 
      By Justin Yang
      Insights
    • 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
       · 
      By Andrea Hotter
      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
       · 
      By the Fastmarkets team, Zihao Li, Alexander Cook
      Insights
    • Correction to cobalt hydroxide index 30% Co min, cif China
      Fastmarkets has corrected its cobalt hydroxide index 30% Co min, cif China, which was published incorrectly on Friday February 24 due to an error.
      February 24, 2023
       · 
      By Justin Yang
      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
       · 
      By Justin Yang
      Insights
    • businessman_dominoes_risk-management
      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
    • DRC must formalize artisanal cobalt, kick-start buying, report says
      A new white paper has called on the government of the Democratic Republic of Congo (DRC) to formalize artisanal mining (ASM) of cobalt and has criticized the delayed inauguration of a new entity responsible for purchasing all ASM-produced material
      February 9, 2023
       · 
      By Andrea Hotter
      Insights
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