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

Fastmarkets has corrected its weekly price for manganese 99.7% electrolytic manganese flake, in-whs Rotterdam following a reporter error.

Fastmarkets has corrected the published date for Shanghai bonded copper stocks, tonnes; chrome ore inventories at the main ports of Tianjin, Qinzhou, Lianyungang and Shanghai, million tonnes; and manganese ore inventories at the main Chinese ports of Tianjin and Qinzhou, million tonnes.

US automotive manufacturer Ford’s announcement that it would invest $3.5 billion to build a lithium iron phosphate (LFP) plant in the US state of Michigan marks the chemistry’s adoption in a nickel cobalt manganese (NCM) dominated market