Australia's Lynas Rare Earths, the largest rare earth product producer outside China, is doubling down on plans to produce separated heavy rare earth products for high-performance magnets in Malaysia, alongside its existing project in the United States, it announced on Thursday June 27

German chemical producer BASF announced on Monday June 24 that it will exit a $2.6 billion investment in a nickel-cobalt refining project in Weda Bay, Indonesia due to significant changes in the nickel market since the inception of the project

The aluminium market in China was expected to come under massive demand from the new energy vehicle (NEV) sector in the years ahead, but the aluminium industry still faced various challenges in the application of the metal in NEVs, Fastmarkets has learned.

The German auto-manufacturer BMW opened its first press shop in North America at its plant in Spartanburg, South Carolina, where it will produce the exterior for its X3 model, the company announced on Friday June 21

Spot lithium prices in China’s domestic market declined over the week to Thursday June 20, due to ongoing weak spot demand from the sluggish downstream battery sector and bearish sentiment, sources told Fastmarkets

Saudi Arabia, through its spearheading of a mining and minerals production and consumption push in the Middle East, a region usually associated with oil and gas, is leading neighboring countries to increase their presence in the base metals markets

Here are the key insights from our conversation with Fastmarkets’ Paul Lusty on the future of the battery raw materials and electric vehicle markets

The Kingdom of Saudi Arabia’s (KSA) ambitious plan to diversify away from oil and into metals will increase local nickel consumption and fund international mining projects, given recent massive investments in nickel-intense industries

Aluminium and lithium market participants told Fastmarkets the European Commission’s provisional additional duties on Chinese electric vehicles (EVs) are supportive for production but they were not convinced they would be enough to reverse the fortunes of the weakening domestic European auto market

The European Union announced on Wednesday June 12 that it will impose additional tariffs of up to 38.1% on electric vehicles (EVs) imported from China from July 4.