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Green steel blooms in Malaysia, but new moratorium could make or break it
The green steel supply chain is gradually starting up in Malaysia, largely due to stricter decarbonization-related government policies, sources said in the week to Monday March 25. One of these policies is a two-year moratorium on all expansion and diversification of manufacturing activities in the iron and steel industry
March 27, 2024
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By Nabilah Awang
Insights
Albemarle’s spodumene concentrate bidding event concludes at 9,372 yuan/t exw China: sources
The result of Albemarle’s spodumene concentrate digital bidding event on Tuesday March 26 was 9,372 yuan ($1,230) per tonne on an ex-works China basis, according to sources close to the matter
March 27, 2024
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By the Fastmarkets team, Zihao Li, Callum Perry
Insights
US aluminium, copper industries to receive $900 mln from Energy Department program to cut emissions
The US Department of Energy selected five base metals projects to receive more than $900 million in federal investment from its Industrial Demonstration Program (IDP), leading to a reduction of four million tonnes of carbon dioxide emissions annually, according to a statement by the Department on Monday March 25
March 26, 2024
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By Yasemin Esmen
Insights
China’s Jan-Feb graphite exports plunge amid export controls
China’s graphite exports continued to fall in the first two months of 2024 after the implementation of the export controls on certain graphite-related products on December 1, 2023
March 25, 2024
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By Sybil Pan
Insights
Should India ‘heavily subsidize’ metals firms to insulate from Western trade barriers?
Western governments are increasingly implementing policies to protect their local metal-producing industries from rival products made in the developing world, but how should eastern lawmakers and companies respond to these moves?
March 22, 2024
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By the Fastmarkets team, Lee Allen, Aameer Sayed
Insights
China’s cost advantages, improving demand overshadow Western incentives for manganese sulfate production: Firebird CEO
Producing battery-grade manganese sulfate in China is “logical” even for non-Chinese companies, due to the country’s strong demand and cost competitiveness, according to the chief executive officer of emerging Australia-headquartered producer Firebird Metals
March 21, 2024
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By Solomon Cefai
Insights
Aluminium demand to benefit from ‘under-appreciated’ role in energy transition
Increasing amounts of aluminium are being used to make solar panels, reduce vehicle emissions and upgrade electricity networks in a structural shift to patterns of long-term aluminium consumption
March 18, 2024
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By James McKeigue
Insights
Carmakers announce big investments in Brazil and a focus on hybrids
Car manufacturers have recently announced investments totalling more than 117 billion Reais ($23.48 billion) in Brazil for the production of cars that use decarbonization technologies, with a focus on hybrid models
March 12, 2024
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By Renato Rostás, Felipe Peroni, Gabriela Brumatti
Insights
Lithium price fluctuation should not deter market growth
Fluctuations observed in lithium spot prices in recent years are not expected to undermine the long-term growth potential of the market, according to the chief executive officer of UK-based mineral processing company Green Lithium
March 11, 2024
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By Dalila Ouerghi
Insights
Four key takeaways from Fastmarkets’ Asian Ferro-alloys Conference 2024
Fastmarkets Asian Ferro-alloys Conference 2024 (AFA) took place in Hong Kong, China, on February 26-28, with discussions on the latest developments and the potential for the global market. Here we outline our four key takeaways from the event
March 6, 2024
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By the Fastmarkets team, Jessica Long, Tina Tong
Insights
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