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China’s June NCM battery output down for third consecutive month
China’s nickel-cobalt-manganese (NCM) battery output in June registered fell to 20.5 gigawatts hours (GWh), down by 1.5 GWh, or 6.8%, from the 22 GWh in May, and down by 3.7 GWh, or 15.3%, from the 24.2 GWh in March, according to the data from China Automotive Battery Innovation Alliance (CABIA)
July 16, 2024
·
By Venus Wang
Insights
ABTC expects nearshoring of lithium hydroxide production to help US cathode makers
The imminent production of commercial-scale battery-grade lithium hydroxide in the US by American Battery Technology Co (ABTC) will help domestic cathode makers to improve their inventory management by shortening lead times, according to the company’s top executive.
July 15, 2024
·
By Grace Asenov
Insights
QuantumScape, PowerCo form agreement to industrialize solid-state batteries
Germany-based Volkswagen Group’s battery company PowerCo and California-based QuantumScape have entered into an agreement to industrialize QuantumScape’s solid-state lithium-metal battery technology, the companies announced on Thursday July 11
July 15, 2024
·
By Kirstyn Petras
Insights
Chinese lithium producers warn of losses amid ‘downturn in the lithium industry’
Major Chinese lithium producers Ganfeng Lithium Group and Tianqi Lithium Corp have issued profit warnings on Tuesday July 9 due to the ongoing decline in lithium prices since early 2023
July 12, 2024
·
By Ewan Thomson
Insights
Correction to rationales for battery-grade lithium hydroxide, carbonate CIF CJK on July 9
Fastmarkets has corrected the rationales for its MB-LI-0033 lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, battery grade, spot price cif China, Japan & Korea and MB-LI-0029 lithium carbonate 99.5% Li2CO3 min, battery grade, spot prices cif China, Japan & Korea, which were published incorrectly on Tuesday July 9.
July 9, 2024
·
By Callum Perry, Zihao Li
Insights
What we learned at the Lithium Supply and Battery Raw Materials conference 2024
Price and supply were the major topics of conversation for market participants across the value chain attending Fastmarkets’ flagship Lithium Supply and Battery Raw Materials conference in Las Vegas on June 24-27
July 8, 2024
·
By Alexander Cook, Lee Allen, Callum Perry, Zihao Li, Grace Asenov
Insights
Argentina’s new investment regime a potential boon to copper projects
A new incentive program for companies with large investments in Argentina might unlock the country’s mining potential in the medium term, market participants recently told Fastmarkets
July 4, 2024
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By Renato Rostás
Insights
Fastmarkets battery raw materials market update
Read on as Fastmarkets delves into a monthly market update, focusing on the dynamic and fast-evolving sector of battery raw materials
July 3, 2024
·
By Jon Stibbs
Insights
Delayed publication of price of lithium spodumene, cif China
The publication of Fastmarkets’ price assessment for MB-LI-0012 Spodumene min 6% Li2O, spot price, cif China, on Thursday June 27 was delayed because of an error in the approval process. Fastmarkets’ pricing database has been updated.
June 27, 2024
·
By IM staff
Insights
Chinese lithium price weakness persists with CIF CJK stable
Spot lithium prices in China’s domestic market declined over the week to Thursday June 20, due to ongoing weak spot demand from the sluggish downstream battery sector and bearish sentiment, sources told Fastmarkets
June 24, 2024
·
By Zihao Li, Grace Asenov
Insights
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