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EV battery lifespans: Unlocking the secrets to battery lifetimes and battery recycling
Fastmarkets examines the lifespan of electric vehicle (EV) batteries and offers insights into recycling timelines and environmental implications
March 1, 2024
·
By André Cortesão
Insights
ExxonMobil focuses on battery-grade lithium production in US state of Arkansas
The company will be growing its battery-grade lithium carbonate or hydroxide production from its new direct-lithium extraction (DLE) project
February 26, 2024
·
By Grace Asenov
Insights
Niron Magnetics gets $25 million to develop rare earth-free magnet
Niron said it is developing iron nitride magnets, which do not contain any rare earth elements. It was founded in 2014 and originated from the University of Minnesota. Niron plans to use the funds to expand its US production facilities in Minneapolis and aims to start producing 1,000 kg per year of iron nitride magnets […]
February 23, 2024
·
By Sofia Okun, Caroline Messecar
Insights
US IRA scheme spurs activity on multiple fronts in graphite anode sector
Graphite companies Nouveau Monde Graphite, Novonix and Westwater have all announced offtake agreements in a developing US anode supply chain to comply with that country’s generous subsidy scheme under the Inflation Reduction Act and to ease the current dependence on China for material, Fastmarkets heard on Thursday February 15
February 16, 2024
·
By the Fastmarkets team, Dalila Ouerghi, Jon Stibbs
Insights
Auto manufacturers, miners join forces over US mining tax incentive | Hotter Commodities
A group of major automotive manufacturers including Tesla and General Motors sent a joint letter with mining companies and electric vehicle (EV) battery companies on Monday February 5 urging the Biden administration to allow a 10% tax credit to apply to both mineral extraction and mineral processing in the US
February 12, 2024
·
By Andrea Hotter
Insights
What’s in store for EV demand in 2024 and beyond?
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
February 6, 2024
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By Phoebe O'Hara
Insights
China’s gallium export control continues to squeeze market, despite higher December exports
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
February 6, 2024
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By Solomon Cefai, Nico Zhang
Insights
Construction begins at Ares’ US acidspar plant; fluorspar deemed critical by govt
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
February 6, 2024
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By Alexander Cook
Insights
Cobalt oversupply brings change to long-term contracts
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
January 30, 2024
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By Alexander Cook
Insights
Graphite anode supply chain localization proceeding but challenges remain
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
January 29, 2024
·
By Sybil Pan, Jon Stibbs
Insights
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