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Battery metals in China benefit from early restocking, but ‘recovery may not last’
A wave of restocking throughout the first quarter of 2024 provided some relief in the ternary battery raw materials market in China, stopping the declines in prices for various products that had been seen late last year
May 8, 2024
·
By Yiwen Ju
Insights
Four key talking points ahead of Asian BRM conference
The key discussion topics across the battery raw materials sector ahead of Fastmarkets' Asian Battery Raw Materials conference taking place in Seoul on April 22-23
April 17, 2024
·
By the Fastmarkets team, Sybil Pan, Carrie Shi, Yiwen Ju, Zihao Li
Insights
Cobalt metal price stable on weak intermediate prices, low activity in Europe
Cobalt standard grade prices were stable in the week ended Friday April 5, due to poor demand for cobalt intermediates following price increases in early February amid tight supply in Europe.
April 8, 2024
·
By Sahil Shaw
Insights
Amendment to cobalt metal standard and alloy grades
After a consultation period, Fastmarkets has amended the MB-CO-0004 cobalt alloy grade and MB-CO-0005 cobalt standard grade prices.
March 8, 2024
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By Alexander Cook, Jon Stibbs
Insights
US investor TMP Holdings backs metals sector growth in Saudi Arabia
TMP Holdings is harnessing the power of critical metals like nickel and cobalt to fuel Saudi Arabia's ambitious infrastructure and decarbonization initiatives
March 5, 2024
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By Amy Hinton
Insights
Glencore’s 2023 metals profits down on lower cobalt, nickel and zinc prices
Swiss trader Glencore’s profits halved in 2023 due to weaker energy and metals prices and production, according to the company’s full-year results released on Wednesday February 21
February 26, 2024
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By James McKeigue
Insights
More downside seen for Asian black mass payables amid weak buying
Payables for black mass in key Asian markets showed potential for more downside in the week ended Wednesday January 31, according to market sources
February 5, 2024
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By Lee Allen, Tianran Zhao
Insights
Cobalt oversupply brings change to long-term contracts
The emergence of a large oversupply in the cobalt market over the past 18 months has helped drive further evolution into how long-term supply agreements will be structured going into 2024
January 30, 2024
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By Alexander Cook
Insights
Open consultation on cobalt metal brand list
Fastmarkets proposes to increase and realign its listed brands for alloy-grade and standard-grade cobalt, in-whs Rotterdam, to reflect new developments in the market, and invites feedback on the following consultation.
January 24, 2024
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By Alexander Cook
Insights
Rare earth magnet market for EVs could be worth $5bn in Europe and US
Rare earth magnets are becoming the lithium and cobalt of electric motors, playing a critical role in delivering power, torque, and efficiency, while production increasingly shifts toward Europe and the US to meet rising EV demand, comply with new sourcing rules, and strengthen supply security.
December 21, 2023
·
By Caroline Messecar
Insights
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