Phoebe O'Hara, battery raw material analyst at Fastmarkets, shares her analysis on electric vehicle (EV) demand in 2023 and some insights for 2024 and beyond

The international gallium market remains under pressure from the export control China introduced on the metal in August 2023, despite higher exports from China in December, Fastmarkets heard in the week to Monday February 5

Mining company Ares Strategic Mining (ARES) announced on Thursday February 1 that fabrication of its fluorspar acidspar manufacturing facility in the US state of Utah has begun

The emergence of a large oversupply in the cobalt market over the past 18 months has helped drive further evolution into how long-term supply agreements will be structured going into 2024

Supply chain localization of the graphite industry is a trend that is expected to continue in 2024 amid ongoing geopolitical tensions and excess capacity in Mainland China, the major holder of the global anode supply. Challenges remain, however, sources told Fastmarkets

South Korean battery maker Samsung SDI’s recent investment in Canada Nickel, despite falling nickel prices, is the latest example of companies forming long-term partnerships to secure electric vehicle supply chain production that qualifies for tax credits under the US Inflation Reduction Act (IRA)

Chinese automakers, led by Great Wall Motor, are set to expand their dominance in Thailand's EV market thanks to the newly approved 'EV 3.5' subsidy scheme

Fastmarkets looks ahead to 2024 and beyond at some key developments for the battery materials market as the clean energy transition faces a challenging global economic and geopolitical backdrop

China has approved the export of graphite anode raw materials to South Korean battery material makers after it started regulations on the exports of certain graphite products on December 1, but concerns over exports remain

A new heavy rare earth mineral was discovered in China's Bayan Obo district, in Baotou city of Inner Mongolia, according to the daily news released by the country's Baogang group