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China’s lithium prices continue to tumble amid falling futures and muted demand
Spot lithium prices in China further extended losses over the week to Thursday November 30, depressed by continuous weakness in the futures market and tepid spot demand
December 4, 2023
·
By Zihao Li
Insights
Low-nickel NCM batteries back in favor to reduce cathode producer costs and encourage end-user demand
Some cathode makers have been switching back to lower-nickel cobalt manganese (NCM) from high-nickel NCM cathodes to reduce costs and encourage consumers amid slowing demand for electric vehicles (EVs), Fastmarkets understands
December 4, 2023
·
By the Fastmarkets team, Yiwen Ju, Zihao Li
Insights
‘No way around’ price premium for non-Chinese rare earth products: Less Common Metals chairman
Consumers of non-Chinese, ESG-compliant rare earths products will need to pay a premium over prices for Chinese material and there is “no way around” it, Grant Smith, chairman of Less Common Metals (LCM), said at the Critical Minerals Association & Geological Society Business Forum in London on Monday November 27
December 4, 2023
·
By Solomon Cefai
Insights
Aluminium industry must invest in three key areas to hit net zero: WEF report
Find out how days before the 2023 United Nations Climate Change Conference (COP28) in Dubai, the World Economic Forum (WEF) outlined three key areas of investment for the global aluminium industry to reach net zero by 2050 – clean energy, emerging technologies and decarbonization infrastructure – but it will require hundreds of billions of dollars
December 1, 2023
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By Yasemin Esmen
Insights
Brazilian Q1 2024 DR-BF pellet premium spread widens amid weaker EU demand
Price differentials between Brazilian direct-reduced (DR) iron ore pellets and blast furnace (BF) pellets for the first quarter of 2024 are showing signs of widening amid weaker demand for BF pellets in Europe, sources told Fastmarkets Thursday November 30
December 1, 2023
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By the Fastmarkets team, Marina Shulga, Norman Fong
Insights
Ukraine sunflower oil exports fall 21%
According to official data, oilseeds exports pick up pace against slower product shipments
November 30, 2023
·
By Anna Platonova
Insights
Brazilian miners bet on high-grade iron metallics in race for Scope 3 carbon neutrality
As the world’s second-largest iron ore exporter, Brazil is expected to play a key role in helping the global steel industry slash carbon dioxide (CO2) emissions; Brazilian companies are already taking action to mitigate greenhouse gas (GHG) protocol Scope 3 emissions – those encompassing the entire value chain
November 30, 2023
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By the Fastmarkets team, Renato Rostás, Gabriela Brumatti
Insights
LME nickel verdict shows the rules matter | Hotter Commodities
Nearly 18 months since the first nickel-related lawsuit was filed against it in the English High Court, the London Metal Exchange has been cleared on all grounds and the charges against it dismissed.
November 29, 2023
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By Andrea Hotter
Insights
UK to ‘consider all scenarios’ before imposing tariff on electric vehicle imports
The UK government’s Department for Business and Trade (DBT) will consider all scenarios before a 10% import tariff on electric vehicles and their battery materials comes into effect on January 1 next year, it told Fastmarkets on Wednesday November 29
November 29, 2023
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By Alexander Cook
Insights
Western Australia eyes CAM production; state broadens critical minerals strategy | Hotter Commodities
Western Australia (WA), Australia’s largest state, will evaluate the possibility of developing cathode active materials (CAM) production once precursor CAM (pCAM) output is up and running, Bill Johnston, the state’s Minister of Mines and Petroleum, told Fastmarkets
November 29, 2023
·
By Andrea Hotter
Insights
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