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China’s nickel sulfate market rangebound; global nickel sulfate assessed at wide range
China’s nickel sulfate prices have been consolidating within the range of 26,000-27,500 yuan ($3,653-3,863) per tonne in the past few weeks, with no signs of a clear direction, sources told Fastmarkets.
August 27, 2024
·
By Sybil Pan
Insights
California to vote on bill to hold EV battery producers accountable for end-of-life management, recycling
California could soon enact legislation that would make electric vehicle (EV) battery producers responsible for ensuring end-of-life management and recycling of their batteries after Senate Bill (SB) 615 was approved by the Assembly Committee on Appropriations, clearing the way for a floor vote.
August 27, 2024
·
By Kirstyn Petras
Insights
Canada to impose 100% tariff on EV imports from China
Canada will impose 100% tariff on imports of China-made electric vehicles (EVs) starting October 1, Prime Minister Justin Trudeau said on Monday August 26. The country is also imposing a 25% tariff on steel and aluminium imports from China starting October 15.
August 27, 2024
·
By Nina Hu
Insights
EV-related fire in South Korea ignites calls for battery transparency; LFP share grows
Concerns over battery security have escalated the debate over nickel cobalt manganese (NCM) and lithium iron phosphate (LFP) battery origins in South Korea following an electric vehicle (EV) fire due to a faulty battery according to sources
August 21, 2024
·
By Sybil Pan, Zihao Li
Insights
Lithium weakness pushes Chinese producers to consider output cuts: sources
Several Chinese lithium producers are considering production cuts or complete suspension to mitigate losses from high costs amid the ongoing lithium price decline and muted demand, sources told Fastmarkets.
August 16, 2024
·
By Zihao Li
Insights
European automotive aluminium demand set to slow: Fastmarkets analysts
Fastmarkets analysts expect aluminium demand from European carmakers to slow this year, as consumer sentiment remains pessimistic and cautious
August 16, 2024
·
By Sayaka Kurata
Insights
China EV sales overtake traditional autos for first time ever; Southeast Asia continues to push EV developments
Sales of new energy vehicles (NEVs) in China overtook more conventional auto sales for the first time ever in July, accounting for more than half of all units sold during the month, according to the latest data from the China Association of Automobile Manufacturers (CAAM)
August 14, 2024
·
By Nina Hu
Insights
Graphite sector shows mixed reactions to proposed changes to US Section 301 tariffs
The proposed amendments to the Section 301 tariffs applied by the US on imports of materials from China have prompted a flurry of feedback, including some on the timing and levels of proposed tariffs on graphite imports, Fastmarkets heard on Tuesday August 13
August 14, 2024
·
By Solomon Cefai, Julienne Raboca
Insights
Slowing global demand for EVs hits South Korean battery producer revenues
Slowing global demand for electric vehicles (EVs) seriously dented the second-quarter revenues of South Korea's key battery producers, sources told Fastmarkets on Friday August 9
August 12, 2024
·
By Zihao Li
Insights
Tin demand poised for long-term boom despite easing prices
Supply headwinds in the tin market so far in 2024 and the recent sell-off in the futures market show that demand is recovering more slowly than anticipated because of the poor macro-economic climate, but in the long-term, market participants still expect demand to grow due to the energy transition
August 12, 2024
·
By Yiwen Ju
Insights
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