Electra Battery Materials Corp announced on Thursday July 31 that it is starting metallurgical testing on cobalt feedstocks at its historic Cobalt Camp in Ontario and at its Iron Creek, Idaho cobalt and copper project to expand North American supply of critical minerals contained in lithium-ion batteries for electric vehicles (EVs).

The forecast for the new wheat crop in Australia improved as rain finally brought relief to most of the producing regions in the country, Fastmarkets learned.

Fastmarkets has continued the expansion of its Middle Eastern scrap price suite with the launch of an index for domestic heavy melting steel (HMS) scrap in Saudi Arabia on Tuesday August 5.

Fastmarkets has corrected its FP-PLP-0002 Bleached Hardwood Kraft, Eucalyptus, Brazil price, which was published incorrectly on June 1 due to a calculation error.

Westwin Elements, America’s first nickel refinery, has secured $1.4 billion in long-term deals with Traxys, boosting the domestic critical minerals supply chain and reducing import reliance.

Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our August survey.

Fastmarkets is standardizing the names of its forest products prices for recovered paper, pulp, paper packaging, graphic paper, nonwovens, timber, biomass and softwood products. Principally to ensure consistent and clearly define the markets. Fastmarkets is in the process of standardizing price nomenclature for forest products. This initiative does not alter the existing methodology for price […]

A tight supply scenario kept Brazilian domestic animal fats prices firm in the week to Thursday July 31, despite the recent disruption of tallow flows following the 50% US tariff against Brazil announced on July 9. Export prices were unchanged amid ongoing uncertainties.

The publication of Fastmarkets’ price assessments of the base metals arbitrage for copper, aluminium, zinc and nickel for Friday August 1 were delayed due to reporter error. Fastmarkets’ pricing database has been updated.

The Mexican aluminium market is experiencing low spot activity and pricing pressure amid ongoing tariff uncertainty and heavy reliance on US trade. Market participants are watching closely for potential trade deals that could reshape the current landscape.