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Ford’s new LFP plant marks expansion of chemistry in NCM-dominant US market
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
February 20, 2023
·
By Justin Yang
Insights
Umicore starts industrialization of manganese-rich CAM production
Battery materials firm Umicore has started the industrialization of its high lithium, manganese (HLM) cathode active material (CAM), it said, and was targeting commercial production and use in electric vehicles in 2026
February 15, 2023
·
By Justin Yang
Insights
Manganese ore prices nudge up despite high inventories
Seaborne manganese ore prices in China ticked upward in the week to Friday December 2 but doubt remained whether this was an indication of an upward trend or just a short-term shift
December 9, 2022
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By the Fastmarkets team, Jon Stibbs, Sybil Pan
Insights
China’s Easpring to invest in lithium (manganese) iron phosphate for electric vehicle batteries
Chinese battery cathode materials producer Beijing Easpring plans to establish a lithium (manganese) iron phosphate (L(M)FP) project together with its compatriot, Sichuan Shudao New Material Technology Group Co
December 6, 2022
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By Zihao Li
Insights
What will be the effect of sustained high raw materials prices on EV batteries?
Muthu Krishna, battery cost modeller at Fastmarkets, discusses the impact of high battery raw material prices and the increasing popularity of LFP
November 29, 2022
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By Muthu Krishna
Insights
Manganese ore price hits two year low after fall in freight rates
The global trade for manganese ore and other metals shipped in containers is being constrained by weak demand despite lower freight costs and higher availability of boxes
November 18, 2022
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By the Fastmarkets team
Insights
Five things we learned about battery raw materials at LME Week 2022
Key battery raw materials such as cobalt and lithium were among the main discussion points at London Metal Exchange (LME) Week during the week of Monday, October 24
November 4, 2022
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By Dalila Ouerghi, Justin Yang, Alexander Cook, Sayaka Kurata
Insights
First nickel MHP assessment shows demand remains strong with domestic Chinese nickel sulfate prices rising
The Chinese battery-related nickel market has continued to show strength, with domestic prices rising and demand appearing strong for intermediate feedstock products such as nickel mixed-hydroxide-precipitate (MHP). But the international sulfate market has continued to show weakness on a spot basis with little buying interest reported.
November 1, 2022
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By Callum Perry, Yiwen Ju
Insights
‘Black mass’ needs common global specs to commoditize recycled battery raw materials
Black mass will require a set of global specifications for recycled battery materials for it to be commoditized.
November 1, 2022
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By Paul Lim
Insights
Manganese, chrome industries seek answers to South Africa’s transport network woes
Fastmarkets explores the logistical challenges facing South African ore exports, from the perspective of chrome and manganese markets
September 5, 2022
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By Jon Stibbs, Claire Patel-Campbell
Insights
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