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Offshore wind industry in need of rare earth magnets
Demand for neodymium rare earth magnets from the offshore wind power industry is set to soar in the next decade if decarbonization plans are realized
September 19, 2023
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By Sofia Okun
Insights
Fastmarkets unveils eight new black mass prices
Read more about reinforcing our commitment to creating transparency in the battery raw materials market
September 19, 2023
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By Yolande Peters
Insights
EnergyX moves closer to commercial lithium production in the Americas
EnergyX expects that its five lithium refinery demonstration plants in North and South America will all be up and running within the next 12 months, bringing the company one step closer to commercialized direct-lithium-extraction (DLE) production, according to chief executive officer Teague Egan. Egan told Fastmarkets that the demonstration plants are being developed in: California’s […]
September 18, 2023
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By Grace Asenov
Insights
EU export ban to lapse as Ukraine agrees to ‘avoid grain import surge’
The Commission confirms that the restrictive measures imposed by five countries on Ukrainian exports can be lifted
September 18, 2023
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Insights
US flat-rolled market eyes looming UAW strike; impact from outage season takes back seat
Uncertainty arising from a potential strike at one or more of the Big Three automakers is at the forefront of the US flat-rolled market, upstaging the mill outage season that is currently underway, sources told Fastmarkets
September 15, 2023
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By Alesha Alkaff
Insights
Critical materials create huge gap between ideology and reality of switch to EVs, CMIA says
The economic feasibility of securing supplies of critical raw materials such as gallium and germanium could threaten the "green" transition to the use of electric vehicles, a UK-based industry association, the Critical Minerals International Alliance (CMIA), told Fastmarkets
September 15, 2023
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By Sayaka Kurata
Insights
Manganese sulfate market to switch to deficit by 2028 despite new capacity | European Battery Raw Materials 2023
The supply of battery-grade manganese sulfate will switch from oversupply to deficit by 2028 despite new capacity coming online, especially outside of China, according to Fastmarkets’ most recent forecast ahead of the European Battery Raw Materials Conference in Amsterdam on September 18-20
September 15, 2023
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By Solomon Cefai
Insights
Low demand, oversupply weigh on cobalt market | European Battery Raw Materials 2023
The combination of slow demand and oversupply has been putting pressure on the price for cobalt, with part of that pressure coming from the changing preference in battery chemistry toward lithium-iron-phosphate (LFP) batteries and away from nickel-cobalt-manganese (NCM) batteries
September 15, 2023
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By Sayaka Kurata
Insights
Brazil’s Sigma Lithium looking at M&A proposals after first shipments
Brazil-headquartered spodumene producer Sigma Lithium, having recently completed its second successful commercial shipment, has formally become a target for merger and acquisitions, it revealed in a press release published on Wednesday September 13
September 14, 2023
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By Renato Rostás
Insights
Brazil’s CBMM expects niobium for batteries to make 25% of revenues by 2030
The use of niobium as an additive in battery manufacturing could expand to provide as much as one-quarter of the revenues at leading global producer Companhia Brasileira de Metalurgia e Mineração (CBMM) by 2030
September 13, 2023
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By Renato Rostás
Insights
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