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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
Global electric vehicle supply chains struggle to keep up as demand continues to surge
Guest contributor, Ewa Manthey from ING Research, provides a comprehensive overview of how EV supply chains are being impacted by the surge in demand for battery raw materials
September 13, 2023
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Insights
Neste challenges USDA’s UCO fraud claims
The biofuel producer responds to allegations of receiving fraudulent waste-based feedstock at its Singapore refinery
September 13, 2023
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By Alexandra Chapman
Insights
Altilium gets $2.5mln investment to supercharge UK battery recycling plans
UK-based battery recycling firm Altilium has received an investment worth $2.5 million to bolster its development of the UK’s only commercial facility to produce recycled cathode active materials (CAM) from the scrapped batteries of electric vehicles (EVs)
September 13, 2023
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By Lee Allen
Insights
Latin American BEK pulp buyers take advantage of lower prices in August while suppliers seek price hikes
Bleached eucalyptus kraft pulp in Brazil has dropped 38.2% year on year, according to Fastmarkets’ price survey
September 12, 2023
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By Marina Faleiros
Insights
Ukraine’s 2022-23 oilseeds exports surpass previous year
The country manages to increase its shipment volumes despite the many logistical disruptions
September 12, 2023
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By Anna Platonova, the Fastmarkets team, Yana Suharskaya
Insights
Chinese seaborne manganese ore prices soften on depreciation of yuan
Chinese seaborne manganese ore prices fell during the week to Friday September 8, following significant depreciation of the Chinese yuan against the US dollar, which added to buyer-side cost pressures, sources said
September 12, 2023
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By Holly Chant, Tina Tong
Insights
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