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

Total open-tonnage stocks in London Metal Exchange-registered warehouses rose by 6.0% to 1,137,907 tonnes at the end of August, from 1,073,574 at the end of July, according to the latest data released by the exchange on Tuesday, September 10.

The outlook for nickel in North America remained bullish, with battery capacity installed in electric passenger vehicles expected to grow sixfold between 2020 and 2035, Fastmarkets’ International Critical Minerals and Metals Summit heard on Friday September 6.

Nickel briquette premiums in the European market trended downward in the week to Tuesday September 11, while premiums elsewhere in the global market remained flat.

Fastmarkets has corrected its MB-ALU-0018 alumina index inferred, fob India, $/tonne; MB-ALU-0019 alumina index inferred, fob Indonesia, $/tonne; and MB-ALU-0020 alumina index inferred, fob Vietnam, $/tonne, which were published incorrectly from September 2 to September 9.

Australian wheat exports picked up by 19% in July after a drop in June, led by significantly increased shipments into Indonesia and Yemen, while barley and canola flow dropped, according to monthly data from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES), published on Friday September 6.

North American pulp markets saw their first price decreases of the year due to global price erosion, increased inventories, and reduced US spot market prices.

Although some sectors are still reluctant to pay more for green aluminium, it’s important to have differential premiums for low-carbon products because they can increase awareness about the green agenda, chief executive officer of Brazil's Companhia Brasileira de Alumínio (CBA) told Fastmarkets during an interview.

What could the copper landscape look like in ten years? Freeport's Kathleen Quirk shares her insights

The Ozernoye zinc and lead mine in Russia launched concentrates production on Wednesday September 4 after year-long delays, Fastmarkets learned.