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Codelco takes new step into lithium exploration in Chile’s Atacama salt flat
State-owned copper giant Codelco has created two subsidiaries to further its expansion into lithium, a metal Chile has identified as essential not only for the global energy transition but for its own future development
May 24, 2023
·
By Renato Rostás
Insights
China’s Putailai to build anode factory in Sweden
Putailai, one of the major anode producers in China, announced plans to invest $1.5 billion (SEK 15.7 billion) in Zichen Technology (Sweden) AB. to build Europe’s largest factory for anode manufacturing in Sundsvall in central Sweden
May 24, 2023
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By Sybil Pan
Insights
Carmaker Ford secures long-term lithium supplies as EV demand remains strong
US carmaker Ford has secured long-term supplies of battery-grade lithium from major producers Albemarle and Sociedad Quimica y Minera (SQM)
May 23, 2023
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By Dalila Ouerghi
Insights
OEMs turn to junior miners to secure supply and vertically integrate
With competition heating up for the metals that are critical for the energy transition, companies that use these metals have been tapping junior miners with significant deposits to ensure supply, even when the start of production at these mines are years away
May 23, 2023
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By Yasemin Esmen
Insights
Western resource nationalism policies signal cobalt investment opportunities
Resource nationalism in Western economies was expected to be a major driver of investment in the cobalt supply chain in the second half of this decade
May 19, 2023
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By Alexander Cook
Insights
Li-Cycle more than doubles production of black mass in first quarter
Li-Cycle more than doubled its production of black mass in the first quarter of 2023 thanks to its new and upgraded electric vehicle (EV) battery recycling “spokes” in the United States
May 18, 2023
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By Grace Asenov
Insights
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
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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
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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
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By Renato Rostás
Insights
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
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By Zihao Li
Insights
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