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Black mass payables fall in Europe due to “very soft” market
Payables for black mass (shredded and sorted lithium-ion batteries) in the European domestic market continued to drop in the week to January 15 amid weak demand and abundant supply
January 17, 2024
·
By Lee Allen, Tianran Zhao
Insights
Stardust Power to build lithium refinery in Oklahoma, US: CEO | Hotter Commodities
Stardust Power Inc is to build a battery-grade lithium refinery in Oklahoma in the United States, with major construction starting later in 2024, the US-based company’s founder and chief executive officer told Fastmarkets
January 16, 2024
·
By Andrea Hotter
Insights
A new heavy rare earth is discovered in China’s Bayan Obo region
A new heavy rare earth mineral was discovered in China's Bayan Obo district, in Baotou city of Inner Mongolia, according to the daily news released by the country's Baogang group
January 16, 2024
·
By the Fastmarkets team
Insights
Mercedes-Benz steps up plans for lithium battery recycling with hydromet plant purchase
Major carmaker Mercedes-Benz has deepened its plans to expand operations in Europe’s lithium-ion battery recycling space with the order of a new hydrometallurgical plant to recover battery metals from black mass
January 15, 2024
·
By Lee Allen
Insights
Wasde: Black Sea revisions add 2 million tonnes to global wheat balances
The latest Wasde report by the USDA tightened its view of US wheat balances but compensated for the trim with a significant upswing in global supply and stock figures
January 15, 2024
·
By Timothy Worledge
Insights
Oversupply sets tone for China’s nickel market | 2024 preview
Oversupply caused by growing refining capacity in China overturned the fundamentals of the Chinese Class-1 nickel market in 2023 and the effects are expected to be extended and amplified in 2024, sources told Fastmarkets
January 15, 2024
·
By Dylan Duan
Insights
Launch of Indonesian ferro-chrome import price: pricing notice
Fastmarkets launches MB-FEC-0023 Ferro-chrome 50% Cr import, cif Indonesia, $/lb on Thursday January 11 2024.
January 13, 2024
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By Tina Tong
Insights
Asian aluminium demand anticipated to gradually recover, sources say | 2024 preview
The Asian aluminium market is expected to continue its recovery in 2024 after it struggled to meet expectations in the prior year, market participants have told Fastmarkets
January 12, 2024
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By the Fastmarkets team, Ruby Liu, Chay Chye Leng
Insights
Six predictions for the housing and softwood lumber markets | 2024 preview
Another year is behind us, with no shortage of discussion topics when reflecting on the US residential construction and wood products markets in 2023. In many ways, the year played out how our team expected as we laid out in last year’s “Predictions” piece. Here is how our predictions played out throughout 2023: Want to […]
January 12, 2024
·
By Dustin Jalbert
Insights
Correction to 400-series stainless steel scrap consumer assessments: pricing notice
Fastmarkets has made a correction to its January stainless steel scrap consumer price assessments for 430 and 409 consumer bundles, delivered to mill Pittsburgh.
January 11, 2024
·
By Amy Hinton
Insights
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