Fastmarkets experts use the Fastmarkets NewGen lithium long-term forecast to explore Europe's lithium reserves and look into whether there is adequate lithium supply to meet the soaring demand for sustainable energy solutions

The anode market has increasingly shifted focus to synthetic graphite from natural material in response to increased capacity and changing feedstock in China, which dominates the global market. And in response Fastmarkets will start to price assess petroleum needle coke and green petroleum coke on an ex-works China basis

Tata Group announced this week that it is to invest £4 billion ($5.2 billion) in a 40GW battery cell 'gigafactory' in the UK - producing both lithium and cobalt-based batteries for car manufacturers in the UK and across Europe

China’s preference for lithium iron phosphate (LFP) batteries continued to grow in June, with the country’s output of such batteries rising by 11.64% month on month to 42.2 gigawatt hours (GWh), according to data from China Automotive Battery Innovation Alliance (CABIA)

Australian lithium miner Core Lithium will export its second shipment of spodumene concentrate to offtake partner Sichuan Yahua on Wednesday this week, it announced on Tuesday July 11

Market participants in the battery raw materials supply chain will have an increasing need to hedge lithium carbonate to mitigate price risks, and demand for this will soon grow in both Europe and North America

The CME Group will launch a cash-settled lithium carbonate contract that will be settled against Fastmarkets’ assessment for lithium carbonate 99.5% Li2CO3 min, battery grade, spot prices cif China, Japan & Korea

China will extend its tax breaks for the purchase of new energy vehicles (NEVs) between 2024 and 2027

Major Chinese battery makers are expanding their battery portfolio to sodium batteries from dominant LFP and NCM batteries. This is unlikely to impose much threat for the usage of lithium.

A new lithium chemicals refinery in Germany will use recycled feedstock for half of its capacity by 2030, according to its owner, Livista Energy Europe