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China’s GEM plans precursor JV in South Korea in response to trade barriers
GEM, China’s battery material producer, has signed a memorandum of understanding with SK on and ECOPRO Materials to establish a joint venture (JV) precursor plant in South Korea
March 31, 2023
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By the Fastmarkets team, Zihao Li, Yiwen Ju
Insights
Australian Miner Core Lithium completes first sale of spodumene concentrate
Junior miner Core Lithium has announced that it produced the first commercial lot of spodumene concentrate during the first quarter of 2023
March 31, 2023
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By Dalila Ouerghi
Insights
Lithium market outlook: Five key factors to watch
Fastmarkets experts share lithium forecasts, data and interactive price charts to demonstrate the ever-changing battery materials landscape and make some key predictions for the future of the lithium market
March 30, 2023
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By the Fastmarkets team
Insights
China’s Lygend delivers first EV battery-grade nickel sulfate from Indonesia
China’s nickel producer Lygend said on Sunday March 26 that it had made its first batch of nickel sulfate products in Indonesia on Saturday, becoming the first electric vehicle (EV) battery-grade nickel sulfate project in the country to achieve production
March 29, 2023
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By the Fastmarkets team, Carrie Shi, Yiwen Ju
Insights
NextSource Materials commissions graphite mine in Madagascar
NextSource has commissioned the Molo flake graphite mine and is installing a hybrid power plant for the project on the East African island of Madagascar, the company reported on Thursday March 23
March 27, 2023
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By Jon Stibbs
Insights
Low-cost intermediates pose challenge to adopting black mass in battery supply chain
As the global battery supply chain pivots toward using recycled material to feed the growing demand for battery raw materials, participants are increasingly weighing the cost implications
March 24, 2023
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By Callum Perry
Insights
Chinese auto price war drags down battery raw materials prices
An increasingly fierce price war in China’s domestic automotive sector for electric vehicles (EVs) and traditional vehicles in recent months has dealt another blow to battery raw materials prices, sources told Fastmarkets
March 24, 2023
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By the Fastmarkets team, Carrie Shi, Sybil Pan, Zihao Li, Yiwen Ju, Jingtai Lun
Insights
EV affordability drive may help retain SBQ demand: analyst
A drive by electric vehicle (EV) manufacturers to improve the affordability of their cars may upend an expectation by some market observers that future EV dominance of automotive production will sharply reduce demand for special bar quality (SBQ) steel
March 23, 2023
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By Robert England
Insights
Cobalt metal sustains price rally; longer-term oversupply challenges loom
Prices for cobalt metal have witnessed a sustained rally and recovery in recent weeks, after hitting lows at the beginning of the year, even while market participants see challenging conditions on the supply side in the longer term
March 22, 2023
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By Justin Yang
Insights
Volkswagen to set up battery plant in Canada to step up North American strategy
German carmaker Volkswagen has chosen to establish its first North American battery cell plant in Ontario, Canada, due to the growing importance of the region’s e-mobility market share, it said on Monday March 13
March 15, 2023
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By Dalila Ouerghi
Insights
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