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Glencore to buy Li-Cycle’s Rochester hub MHP production; agreement could help recycler secure DOE loan
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).
November 6, 2024
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By Kirstyn Petras, Rae Boyadjis, the Fastmarkets team
Insights
Proposal to reduce frequency of FOB China graphite electrodes high power and ultra high power assessments: pricing notice
Fastmarkets proposes to assess and publish its graphite electrodes, high power, fob China and graphite electrodes, ultra high power assessments on a monthly basis, rather than on the previous fortnightly basis. The proposal follows Fastmarkets’ observations that these two commodities see inactive spot liquidity and low volatility in prices. The proposed new specifications for the […]
November 6, 2024
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By Venus Wang
Insights
Copper smelters to face tough time in 2025
Unprecedented supply tightness and record low treatment and refining charges (TC/RCs) are likely to challenge copper smelters in 2025 – even more than in 2024, sources told Fastmarkets.
November 6, 2024
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By Albert MacKenzie
Insights
Delayed publication of lead premiums, cif India
The publication of Fastmarkets’ MB-PB-0086 lead 99.99% ingot premium, cif India and MB-PB-0087 lead 99.97% ingot premium, cif India assessments for Tuesday November 5 were delayed due to a reporter error.
November 5, 2024
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By Natasha Porter
Insights
US scrap trends outlook: November 2024
Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our November survey
November 5, 2024
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By the Fastmarkets team
Insights
Electric vehicle economics: How lithium-ion cell costs impact EV prices
Lithium prices have fallen significantly, putting the cost of cells at 7.5% of the price of an EV as of August 2024 (Tesla Model 3 Base, USA), down from 15% in January 2023. Find out how falling raw materials prices are impacting auto OEMs and reshaping global EV pricing strategies
November 5, 2024
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By Muthu Krishna
Insights
Tantalite market should back Central African producers: tantalum body
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).
November 4, 2024
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By Jon Stibbs
Insights
Delayed publication of China, Japan, Korea battery grade lithium prices
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.
November 4, 2024
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By Ewan Thomson
Insights
Investors shed US corn shorts and net short drops to lowest since August 2023: CFTC
Speculators in the US corn market cut short positions, helping send the net short to the highest level since August 2023, while adding shorts in soybean and wheat contracts in the week to Tuesday October 29, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday November 1.
November 4, 2024
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By Mark Shenk
Insights
Corrections to ags, oils, fats and biofuels August monthly averages
Fastmarkets has corrected the monthly averages for the following prices, which were published incorrectly in August 2024.
November 4, 2024
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Insights
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