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

Read on as Fastmarkets delves into a monthly market update, focusing on the dynamic and fast-evolving sector of battery raw materials

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.

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

US-headquartered Atlas Lithium decided to expand its investment into Brazilian hard-rock lithium feedstock resources with the acquisition of new exploration permits ahead of scheduled first production from its Neves project in the fourth quarter, the company announced on Monday June 17

Here are the key insights from our conversation with Fastmarkets’ Paul Lusty on the future of the battery raw materials and electric vehicle markets

The Kingdom of Saudi Arabia’s (KSA) ambitious plan to diversify away from oil and into metals will increase local nickel consumption and fund international mining projects, given recent massive investments in nickel-intense industries

Aluminium and lithium market participants told Fastmarkets the European Commission’s provisional additional duties on Chinese electric vehicles (EVs) are supportive for production but they were not convinced they would be enough to reverse the fortunes of the weakening domestic European auto market

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