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GM, LAC sign $625-million agreement in push to secure lithium supply in the West
The Vancouver, Canada-based Lithium Americas (LAC) entered into a new $625-million investment agreement with the US automaker General Motors (GM) for establishing a joint venture to fund, develop, construct and operate LAC’s Thacker Pass lithium mine, the company announced on Wednesday October 16.
October 23, 2024
·
By Yasemin Esmen
Insights
Proposal to increase frequency of exw China battery-grade lithium carbonate, hydroxide assessments: pricing notice
Fastmarkets proposes to assess and publish its lithium carbonate 99.5% Li2CO3 min, battery grade, spot price range exw domestic China and lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, battery grade, spot price range exw domestic China assessments on a daily basis, rather than on the previous weekly basis. The proposal follows Fastmarkets’ observation that these […]
October 21, 2024
·
By Zihao Li
Insights
General Motors aims to cut electric vehicle costs in US with addition of lithium-iron phosphate battery option
General Motors (GM) plans to reduce the price of electric vehicles (EVs) in the United States by expanding the range of battery chemistries it uses to include lithium-iron phosphate (LFP), its vice president of batteries, Kurt Kelty, told an annual investor’s panel on Tuesday October 8
October 17, 2024
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By Nina Hu
Insights
China’s lithium carbonate prices edge up on futures volatility; other markets flat or down
China’s lithium carbonate prices rose over the week to Thursday October 10 following volatility on the futures market, but sentiment was cautious amid ongoing weak fundamentals, sources told Fastmarkets.
October 14, 2024
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By Yasemin Esmen, Zihao Li, Ewan Thomson, the Fastmarkets team
Insights
What is the state of the lithium market and how could lithium pricing develop?
In this episode, we focus the limelight on lithium, a pivotal player in the global energy transition
October 14, 2024
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By the Fastmarkets team
Insights
Battery raw materials market update October 2024
Read Fastmarkets' monthly battery raw materials market update for October 2024, focusing on raw materials including lithium, cobalt, nickel, graphite and more
October 14, 2024
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By the Fastmarkets team
Insights
Rio Tinto to acquire Arcadium Lithium in a ‘significant’ moment for lithium market
The agreement, valued at about $6.7 billion, has been unanimously approved by both companies’ boards of directors and is expected to close in mid-2025 subject to an Arcadium shareholder vote, according to joint announcement published on Wednesday. “This feels like a significant moment for lithium and shows how far the market has come in recent […]
October 9, 2024
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By Callum Perry
Insights
Open consultation on IOSCO-audited non-ferrous price assessments, indices
Fastmarkets is inviting feedback from the industry on the methodology for its audited non-ferrous price assessments and indices, as part of its announced annual methodology review process.
October 8, 2024
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By James McKeigue
Insights
Lithium carbonate, spodumene prices edge higher on Chinese stimulus measures
Prices for lithium carbonate and spodumene rose at the beginning of October, supported by renewed strength on the Guangzhou Futures Exchange (GFEX) following news of stimulus measures to support China’s economy
October 8, 2024
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By Callum Perry, Yasemin Esmen, Ewan Thomson, the Fastmarkets team
Insights
Critical minerals sector eyes Chinese partnerships to cut costs, boost technology: LME Week
Mining executives are weighing the benefits and challenges of Chinese partnerships while grappling with price slumps and the looming impact of the US Inflation Reduction Act.
October 3, 2024
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By Callum Perry, Julienne Raboca, the Fastmarkets team
Insights
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