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CME lithium hydroxide futures volumes accelerate amid first GFEX delivery period
Learn more about the growth in lithium hydroxide futures contracts at the CME for January 2024
January 18, 2024
·
By the Fastmarkets team
Insights
Black mass payables fall in Europe due to “very soft” market
Payables for black mass (shredded and sorted lithium-ion batteries) in the European domestic market continued to drop in the week to January 15 amid weak demand and abundant supply
January 17, 2024
·
By Lee Allen, Tianran Zhao
Insights
Stardust Power to build lithium refinery in Oklahoma, US: CEO | Hotter Commodities
Stardust Power Inc is to build a battery-grade lithium refinery in Oklahoma in the United States, with major construction starting later in 2024, the US-based company’s founder and chief executive officer told Fastmarkets
January 16, 2024
·
By Andrea Hotter
Insights
Mercedes-Benz steps up plans for lithium battery recycling with hydromet plant purchase
Major carmaker Mercedes-Benz has deepened its plans to expand operations in Europe’s lithium-ion battery recycling space with the order of a new hydrometallurgical plant to recover battery metals from black mass
January 15, 2024
·
By Lee Allen
Insights
Lithium battery recyclers must ‘play long game’ to weather current storms: Ecobat VP
Lithium-ion battery recyclers must resist short-term thinking and hold their nerve to navigate the challenges facing their sector, Elliott Ethridge, vice president of global sales at major recycling firm Ecobat, told Fastmarkets in an interview
January 8, 2024
·
By Lee Allen
Insights
Chinese lithium prices resume downtrend amid weak fundamentals
China’s lithium prices resumed their downtrend in the week to Thursday December 21 amid continued tepid appetite from consumers, with a softening futures market contributing to further weakness in the spot market, sources told Fastmarkets
December 22, 2023
·
By the Fastmarkets team, Zihao Li, Callum Perry
Insights
Growing LFP adoption drives need for more transparency across chemistry’s supply chain
Lithium iron phosphate (LFP) batteries are expected to take the largest market share in the next 10 years, driving the need for more pricing transparency across the chemistry’s supply chain
December 18, 2023
·
By the Fastmarkets team, Zihao Li, Justin Yang
Insights
South Korea to invest $29 billion in domestic battery materials industry
South Korea will provide $29 billion in funding to help local electric vehicle (EV) battery producers diversify their supply chains over the next five years, the government said on Wednesday December 13.
December 13, 2023
·
By Nina Hu
Insights
Spodumene prices continue to fall amid weaker demand for lithium
Spodumene concentrate prices have collapsed amid downstream pressure on lithium chemicals prices and weak physical demand for material on a spot basis ahead of the year-end
December 12, 2023
·
By the Fastmarkets team, Zihao Li, Callum Perry
Insights
Why your physical procurement contracts might be worth more than you think
Learn more about how you could generate additional revenue by selling your embedded options
December 11, 2023
·
By David Becker
Insights
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