Fastmarkets proposes to launch FOB Indonesia, Vietnam and India inferred indices for its Australian alumina index.

The imminent production of commercial-scale battery-grade lithium hydroxide in the US by American Battery Technology Co (ABTC) will help domestic cathode makers to improve their inventory management by shortening lead times, according to the company’s top executive.

Germany-based Volkswagen Group’s battery company PowerCo and California-based QuantumScape have entered into an agreement to industrialize QuantumScape’s solid-state lithium-metal battery technology, the companies announced on Thursday July 11

The publication of Fastmarkets’ MB-CO-0004 cobalt alloy grade, in-whs Rotterdam and MB-CO-0005 cobalt standard grade, in-whs Rotterdam assessments for Friday July 12 were delayed because of a technical error. Fastmarkets’ pricing database has been updated.

Chinese export prices for light rare earth products were unchanged for the fourth consecutive week on Thursday July 11, with suppliers firmly rejecting further price cuts, but low demand continued to pull down prices for heavy rare earth products used in magnets

Major Chinese lithium producers Ganfeng Lithium Group and Tianqi Lithium Corp have issued profit warnings on Tuesday July 9 due to the ongoing decline in lithium prices since early 2023

US steel producers, pipe and tube manufacturers, trade organizations and union workers gathered at Capitol Hill in Washington DC to meet with lawmakers on Wednesday July 10, urging action on legislation aimed at bolstering US trade remedy laws to curb “unfair trade practices.”

The US government will impose tariffs on steel and aluminium shipped from Mexico that were made elsewhere, in a bid to curb trans-shipment and excess production, the White House said in a statement on Wednesday July 10, a move widely applauded by the pair of metals industries

Norway-based aluminium producer Hydro and German car manufacturer Porsche signed a long-term agreement on Tuesday July 9 for supply of low-carbon aluminium to further decarbonize the supply chain of Porsche’s sports cars. The agreement follows the letter of intent signed in April

Fastmarkets advises that, as of Wednesday July 10, certain monthly North American ferrous scrap assessments had yet to be settled.