The supply of battery-grade manganese sulfate will switch from oversupply to deficit by 2028 despite new capacity coming online, especially outside of China, according to Fastmarkets’ most recent forecast ahead of the European Battery Raw Materials Conference in Amsterdam on September 18-20
Fastmarkets has corrected its assessments of the black mass payable indicators, cif South Korea, for both nickel and cobalt, which were published incorrectly on Wednesday August 16 due to a back-end calculation error.
Fastmarkets is launching an assessment of the lithium payable as part of its set of weekly price assessments for black mass, CIF South Korea, starting on Wednesday August 16.
The publication of several Fastmarkets’ steel, scrap and manganese ore prices for Friday August 4 were delayed due to a technical issue.
Developments in prevalent battery chemistries and geopolitical moves to onshore key battery raw materials (BRM) supply will likely require significant changes to the manganese sulfate supply chain, Fastmarkets understands
Much of the focus in the manganese sulfate market is now on the development of a supply chain outside of China, Fastmarkets understands
Sometimes regarded as the “forgotten” battery material, attention towards manganese has increased drastically as participants seek to localize supply chains and ramp up battery production to meet growing demand
Progress is being made toward fostering more environmentally friendly manganese metal production, with market participants increasingly considering the carbon emissions and environmental impact of electrolytic manganese metal (EMM) production
Supply tightness of critical battery raw materials is set to persist in the long term despite investment in greenfield operations and technological developments