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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
·
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
·
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
·
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
·
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
·
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
Maricunga lithium partner search is highly competitive, Codelco says: LME Week
The process to pick a partner for Codelco’s lithium properties in the Maricunga salt flat is highly competitive, with a result due at the start of 2025, the company’s chairman told Fastmarkets.
October 3, 2024
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By Andrea Hotter
Insights
Spodumene futures: frequently asked questions
What is spodumene and how does it fit into the battery raw materials (BRM) value chain? Spodumene is a key feedstock in the production of lithium salts, which are a crucial component in lithium-ion batteries. Because spodumene is a key feedstock, the price can be viewed as an indicator of the overall health of the […]
September 30, 2024
·
By the Fastmarkets team
Insights
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