The China Zinc Smeltery Purchase Team (CZSPT) are discussing possible production cuts on the back of tighter supplies of zinc concentrates and weak demand, according to information provider Antaike.

Sigma Lithium is “pacing, not racing” the expansion of its capacity in the current lithium market cycle, but has an acceleration plan in case of an improvement in conditions, chief executive officer Ana Cabral said.

Seaborne prices for high-grade manganese ore delivered to China fell sharply in the week to Friday August 16, in the wake of growing resistance from buyers to high prices, Hebei Steel’s cut in August alloy tender price and reduced downstream demand

Signals of oversupply are caused by newly signed contracts and delays in seaborne logistics, said cobalt traders

Africa is known for being home to many key resources, including copper and cobalt, but it’s equally known for its persistent logistics issues, such as trucking strikes, shortages of transport capacity and congested ports, which have caused constant delays in shipments from the region.

Concerns over battery security have escalated the debate over nickel cobalt manganese (NCM) and lithium iron phosphate (LFP) battery origins in South Korea following an electric vehicle (EV) fire due to a faulty battery according to sources

Fastmarkets has decided to discontinue its weekly price assessment for steel reinforcing bar (rebar) domestic, ex-whs Northern China because the price is not a key price benchmark.

A domestic price mechanism for lithium in the US is essential to bring transparency to the industry in order to successfully secure supply of the critical mineral, Graham Harris, chairman and director at Surge Battery Metals, told Fastmarkets in an interview.

Fastmarkets proposes to amend the specifications of its MB-LI-0012 spodumene min 6% Li2O, spot price, cif China, $/tonne and its MB-LI-0043 spodumene min 6% Li2O, contract price, cif China, $/tonne to amend the minimum lithium content and tonnage for the assessments.

The UK government’s first release of provisional biofuel data for the calendar year to the end of July 2024, published on Wednesday August 14, reveals a notable decline in renewable fuel activity compared with the same period last year.