With China’s stringent implementation of its gallium export controls persisting through to the end of 2023 at least, 2024 looks set to become a make-or-break year for gallium market participants outside China

Pulp buyers snap up domestic resale BSK tonnages instead as prices declined proportionally with BSK futures

The aluminum billet markets in the key global locations of Europe, Brazil and Thailand softened in the month to Friday December 15, while the US market edged higher

The domestic soybean oil market in Brazil has seen higher bid prices due to solid biodiesel demand

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

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

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.

Read more on how we are bringing transparency to the LFP battery market

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

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