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Brazil’s soybean oil premiums firm on domestic biodiesel demand
The domestic soybean oil market in Brazil has seen higher bid prices due to solid biodiesel demand
December 18, 2023
·
By Eduardo Tinti, Leticia Pakulski, the Fastmarkets team
Insights
US senate proposes tax credit for rare earth magnets with bipartisan backing
Legislation to implement a US production tax credit for rare earth magnets made domestically has been introduced in the US Senate with bipartisan backing, the proposing senators announced on Friday December 15
December 18, 2023
·
By Solomon Cefai
Insights
Growing LFP adoption drives need for more transparency across chemistry’s supply chain
Lithium iron phosphate (LFP) batteries are expected to take the largest market share in the next 10 years, driving the need for more pricing transparency across the chemistry’s supply chain
December 18, 2023
·
By the Fastmarkets team, Zihao Li, Justin Yang
Insights
South Korea to reduce dependence on other countries for key materials by 2030
South Korea plans to reduce its reliance on countries such as China when it comes to sourcing materials - including critical minerals such as graphite and rare earths - to avoid potential supply chain disruptions.
December 15, 2023
·
By Nina Hu
Insights
Fastmarkets launches iron phosphate price
Read more on how we are bringing transparency to the LFP battery market
December 15, 2023
·
By Yolande Peters
Insights
E-Vac to build rare earth magnet plant in South Carolina
E-Vac Magnetics, US subsidiary of German magnet manufacturer VAC Group, announced plans on Thursday December 14 to build a sintered neodymium iron boron (NdFeB) rare earth magnet plant in the US city of Sumter, South Carolina
December 14, 2023
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By Caroline Messecar
Insights
US select committee recommends creation of critical mineral reserve to protect domestic industry
This recommendation, along with others like promoting domestic battery recycling and research funding for alternative battery chemistries, is part of a larger strategy to enhance US resilience in strategic areas
December 14, 2023
·
By Justin Yang, Alexander Cook, Solomon Cefai, Caroline Messecar
Insights
Why rare earths matter
Rare earths have entered the spotlight with growing demand for renewable energy systems and electric vehicles (EVs). Listen to our recent interview as we take a deeper dive into the rare earths market
December 13, 2023
·
By the Fastmarkets team
Insights
South Korea to invest $29 billion in domestic battery materials industry
South Korea will provide $29 billion in funding to help local electric vehicle (EV) battery producers diversify their supply chains over the next five years, the government said on Wednesday December 13.
December 13, 2023
·
By Nina Hu
Insights
Correction to Fastmarkets’ Hamilton shredded auto scrap assessment
Fastmarkets has issued a correction to its MB-STE-0336 steel scrap shredded auto scrap, consumer buying price, delivered mill Hamilton, which was published incorrectly on Tuesday December 12.
December 12, 2023
·
By Amy Hinton
Insights
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