Li-Cycle has successfully closed on an upsized loan from the US Department of Energy (DOE) to support the development of the its Rochester Hub Project, the company announced alongside its third-quarter earnings report on Thursday November 7.

Read Fastmarkets' monthly battery raw materials market update for November 2024, focusing on raw materials including lithium, cobalt, nickel, graphite and more

Spodumene prices rose on Wednesday November 6 as Chinese lithium producers restocked, but news of the US election result late in the session weakened sentiment.

Li-Cycle announced on Thursday October 31 that it had entered an agreement with Glencore to sell 100% of the premium nickel-cobalt mixed hydroxide precipitate (MHP) production at its stalled hub in Rochester, New York – a step that could support Li-Cycle’s efforts to finalize a loan with the US Department of Energy (DOE).

African material will remain part of the tantalum supply chain regardless of the lithium market, according to Ian Margerison, executive marketing manager at the Tantalum-Niobium International Study Center (TIC).

The publication of Fastmarkets' China, Japan, Korea battery grade lithium assessments for November 4, 2024, were delayed because of a reporter error. Fastmarkets’ pricing database has been updated.

After a consultation period, Fastmarkets has discontinued the price due to a lack of liquidity and production of the commodity. All short-term forecasts associated with this price produced by the Fastmarkets research team, if any, have also been discontinued. If you have any comments on the discontinuation of this price, please contact Zihao Li by email […]

Australian lithium producer Pilbara Minerals will be placing its Ngungaju plant on care and maintenance from December 2024, the company announced on Tuesday October 29.

Paris-headquartered minerals firm Eramet announced the buy-back of Tsingshan Holding Group’s 49.9% stake in Eramine Sudamerica on Thursday October 24, effectively regaining full ownership of the Centenario lithium project in Argentina.

The Chicago Mercantile Exchange’s cash-settled spodumene concentrate futures contract was traded for the first time on Monday October 28, the day the contract launched.