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Niron Magnetics gets $25 million to develop rare earth-free magnet
Niron said it is developing iron nitride magnets, which do not contain any rare earth elements. It was founded in 2014 and originated from the University of Minnesota. Niron plans to use the funds to expand its US production facilities in Minneapolis and aims to start producing 1,000 kg per year of iron nitride magnets […]
February 23, 2024
·
By Sofia Okun, Caroline Messecar
Insights
Decision to adjust 400-series stainless steel scrap consumer buying prices [correction, update]
Fastmarkets adjusted its assessments for the stainless steel scrap 430 bundles, solids, consumer buying price, delivered mill Pittsburgh and the stainless steel scrap 409 bundles, solids, consumer buying price, delivered mill Pittsburgh effective Monday February 12.
February 22, 2024
·
By Amy Hinton
Insights
Four key critical minerals in China likely to be under the spotlight at AFA 2024
Manganese, chrome, tungsten and vanadium will be key topics of discussion at Fastmarkets' upcoming Asia Ferroalloys Conference 2024 in Hong Kong on February 26-28, after appearing on China's latest list of critical minerals
February 22, 2024
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By the Fastmarkets team, Jessica Long, Tina Tong
Insights
Open consultation on methodology for Fastmarkets’ iron ore indices
Fastmarkets is inviting feedback from the industry on the pricing methodology for its iron ore indices, as part of its announced annual methodology review process.
February 22, 2024
·
By Alice Li
Insights
Shining a light on lepidolite producers | Hotter Commodities
Lepidolite producers in China have been a major wildcard in the lithium industry of late, with production surging despite its higher cost, energy-intensive nature.
February 21, 2024
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By Andrea Hotter
Insights
EU weekly soybean imports amounted to 4,259 tonnes
Total EU soybean import for the year to date reaches 7.2 million tonnes, with Spain, Netherlands, Germany, Italy and Portugal being the main importers
February 21, 2024
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By Eoin Hughes
Insights
Random Lengths undertaking open industry consultation, review of price guides
Random Lengths is inviting feedback from the industry on pricing methodologies for Random Lengths and Random Lengths International as part of its annual methodology review process.
February 20, 2024
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By Joe Pruski
Insights
Launch of Southeast Asian EQ copper cathode premium
Fastmarkets launches MB-CU-0513 copper cathode equivalent grade (EQ), cif Southeast Asia, $/tonne on Tuesday February 20.
February 20, 2024
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By Sally Zhang
Insights
Europe’s incentives a boon for silicon anode developers, but scale limits could affect growth
Financial incentives for companies developing silicon-based anodes in Europe are helping to support the sector, but the focus on innovation, not scale, risks them falling behind North America, experts told Fastmarkets.
February 20, 2024
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By Solomon Cefai
Insights
US IRA scheme spurs activity on multiple fronts in graphite anode sector
Graphite companies Nouveau Monde Graphite, Novonix and Westwater have all announced offtake agreements in a developing US anode supply chain to comply with that country’s generous subsidy scheme under the Inflation Reduction Act and to ease the current dependence on China for material, Fastmarkets heard on Thursday February 15
February 16, 2024
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By the Fastmarkets team, Dalila Ouerghi, Jon Stibbs
Insights
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