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    • China’s automotive output, sales drop in April on buyer caution
      China’s automotive output and sales dropped in April 2023 versus the prior month, with both largely subdued by general caution among consumers that had been fueled by the price wars in the automotive sector during the month
      May 18, 2023
       · 
      By the Fastmarkets team, Carrie Shi, Sybil Pan, Ruby Liu, Zihao Li, Zihuan Pan, Yiwen Ju
      Insights
    • NCM batteries expected to keep largest EV market share: Cobalt Congress 2023
      Cobalt continues to be a key component for electric vehicle (EV) batteries, with nickel cobalt manganese oxide (NCM) remaining the key battery chemistry amid the growing market share of lithium iron phosphate (LFP) batteries
      May 17, 2023
       · 
      By Sayaka Kurata
      Insights
    • Wave Nickel buys Brazil ops to make Ni-Co MHP with microwaves
      Luxembourg-headquartered Wave Nickel is investing close to $300 million to make nickel-cobalt mixed hydroxide precipitate (MHP) in Midwestern Brazil with a new proprietary microwave technology, it told Fastmarkets
      May 17, 2023
       · 
      By Renato Rostás
      Insights
    • close up of a rechargeable battery pack
      Tianqi Lithium to build 30,000-tpy lithium hydroxide project amid global energy transition
      Chinese lithium producer Tianqi Lithium plans to establish a battery-grade lithium hydroxide project with capacity of 30,000 tonnes per year in Zhangjiagang, Suzhou in China’s Jiangsu province, the company said on Friday May 12
      May 16, 2023
       · 
      By Zihao Li
      Insights
    • electric vehicle charging in the street
      China’s graphite electrodes market stable amid slow demand
      The graphite electrodes markets in China remained quiet in the two weeks ended Wednesday May 10 due to slow liquidity resulting from weak steelmaking sectors both at home and abroad
      May 16, 2023
       · 
      By the Fastmarkets team, Jon Stibbs, Sybil Pan
      Insights
    • Tesla starts construction of US lithium hydroxide refinery
      Tesla’s $1 billion project aims at increasing the carmaker efforts of producing battery-grade lithium hydroxide domestically in the United States to serve the growing North American e-mobility market, the company said
      May 15, 2023
       · 
      By Dalila Ouerghi
      Insights
    • ‘Huge opportunity’ for lithium-ion battery processing in US
      The US is lagging in its ability to collect and process lithium-ion batteries, contributing to a massive impending deficit in the domestic supply of lithium that is needed to meet demand for electric vehicles (EVs)
      May 11, 2023
       · 
      By Grace Asenov
      Insights
    • India reveals second new domestic lithium resource to help meet EV target
      The Geological Survey of India (GSI) has found a new lithium deposit in the country’s western state of Rajasthan, the government agency reported on Tuesday May 9, but the size of the new discovery has not yet been disclosed
      May 11, 2023
       · 
      By Dalila Ouerghi
      Insights
    • Glencore, Li-Cycle eye boost in recycled battery metal supply with major Italy plant
      Glencore and major battery recycler Li-Cycle intend to build a hub in Italy which was expected to be Europe’s largest source of recycled battery-grade lithium, the two firms said on Tuesday May 9
      May 11, 2023
       · 
      By Lee Allen
      Insights
    • painted symbol on road of electric vehicle and charger
      POSCO teams up with China’s Huayou to build battery material plant in S Korea
      POSCO has signed a preliminary agreement with Chinese battery material company Huayou Cobalt to build a nickel sulfate refining and precursor plant in South Korea
      May 10, 2023
       · 
      By Yiwen Ju
      Insights
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