Fastmarkets provide an overview of lithium hydroxide’s recent global performance across key regions and offer insights into what 2024 might hold for battery manufacturers, energy sector analysts and lithium hydroxide buyers.

Toronto, Canada-headquartered Lithium Ionic is on track to start operations at its hard-rock spodumene Bandeira project in Brazil in roughly two years, after it recently published its feasibility study and secured fresh funds to go ahead with the next phase

Toronto-based lithium-ion battery resource recovery company Li-Cycle announced a partnership with Oregon-headquartered manufacturer Daimler Truck North America (DTNA) on Thursday May 30 to facilitate the recycling of lithium-ion batteries from electric vehicles (EVs).

Spot lithium prices in China inched down over the week to Thursday May 30 amid ongoing limited appetite for spot materials and bearish sentiment on near-term demand, sources told Fastmarkets

The global lithium market has experienced seismic shifts in recent years regarding market size, structure and particularly regarding pricing mechanisms

Read the full transcript from episode two of Fast Forward podcast with Andrea Hotter, where she interviews Paul Lusty, head of battery raw materials at Fastmarkets

The South Korea government has started to build up a national stockpile of lithium reserves through the state-owned Korea Mine Rehabilitation & Mineral Resources Corp (KOMIR), Fastmarkets was told on Tuesday May 21

The publication of Fastmarkets’ lithium carbonate 99.5% Li2CO3 min, battery grade, spot price cif China, Japan & Korea and lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, battery grade, spot price cif China, Japan & Korea assessments for Thursday May 16 were delayed because of incorrect methodology application.

Standard Lithium announced on Wednesday May 8 that it was forming a partnership with the multinational energy company Equinor to accelerate the development of its South West Arkansas and East Texas lithium brine projects in the United States

Spot lithium carbonate prices in China edged up over the week ended Thursday May 9 amid volatility in the futures market and weak demand after the country’s Labor Day holiday from May 1-5, sources told Fastmarkets