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South Korea to reduce dependence on other countries for key materials by 2030
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.
December 15, 2023
·
By Nina Hu
Insights
Fastmarkets launches iron phosphate price
Read more on how we are bringing transparency to the LFP battery market
December 15, 2023
·
By Yolande Peters
Insights
E-Vac to build rare earth magnet plant in South Carolina
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
December 14, 2023
·
By Caroline Messecar
Insights
US select committee recommends creation of critical mineral reserve to protect domestic industry
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
December 14, 2023
·
By Justin Yang, Alexander Cook, Solomon Cefai, Caroline Messecar
Insights
Why rare earths matter
Rare earths have entered the spotlight with growing demand for renewable energy systems and electric vehicles (EVs). Listen to our recent interview as we take a deeper dive into the rare earths market
December 13, 2023
·
By the Fastmarkets team
Insights
South Korea to invest $29 billion in domestic battery materials industry
South Korea will provide $29 billion in funding to help local electric vehicle (EV) battery producers diversify their supply chains over the next five years, the government said on Wednesday December 13.
December 13, 2023
·
By Nina Hu
Insights
Correction to Fastmarkets’ Hamilton shredded auto scrap assessment
Fastmarkets has issued a correction to its MB-STE-0336 steel scrap shredded auto scrap, consumer buying price, delivered mill Hamilton, which was published incorrectly on Tuesday December 12.
December 12, 2023
·
By Amy Hinton
Insights
Brazilian soybean oil, corn and soybean meal exports have a strong start in December
There has been an increase in daily volumes compared to last year, although wheat exports are slightly down, according to sources
December 12, 2023
·
By Marcela Caetano
Insights
Malaysia’s November palm oil stocks dip amid drops in exports
The palm oil stock drop marks an end to a six-month increase, despite being higher than earlier levels this year and in previous years
December 12, 2023
·
By Regina Koh
Insights
Spodumene prices continue to fall amid weaker demand for lithium
Spodumene concentrate prices have collapsed amid downstream pressure on lithium chemicals prices and weak physical demand for material on a spot basis ahead of the year-end
December 12, 2023
·
By the Fastmarkets team, Zihao Li, Callum Perry
Insights
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