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.

Europe’s nascent synthetic graphite sector faces a double threat with China’s overcapacity persisting and US legislation embracing protectionism at the expense of a level playing field, according to the head of a forthcoming anode material producer in Europe

Toronto, Canada-headquartered Lithium Ionic is on track to start operations at its hard-rock spodumene Bandeira project in Brazil in roughly two years, after it recently published its feasibility study and secured fresh funds to go ahead with the next phase

Toronto-based lithium-ion battery resource recovery company Li-Cycle announced a partnership with Oregon-headquartered manufacturer Daimler Truck North America (DTNA) on Thursday May 30 to facilitate the recycling of lithium-ion batteries from electric vehicles (EVs).

Spot lithium prices in China inched down over the week to Thursday May 30 amid ongoing limited appetite for spot materials and bearish sentiment on near-term demand, sources told Fastmarkets