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    • Electronics, Hardware, Computer Hardware
      QuantumScape, PowerCo form agreement to industrialize solid-state batteries
      Germany-based Volkswagen Group’s battery company PowerCo and California-based QuantumScape have entered into an agreement to industrialize QuantumScape’s solid-state lithium-metal battery technology, the companies announced on Thursday July 11
      July 15, 2024
       · 
      By Kirstyn Petras
      Insights
    • wind turbines up close
      Light rare earth prices stabilize, heavy rare prices fall on low demand
      Chinese export prices for light rare earth products were unchanged for the fourth consecutive week on Thursday July 11, with suppliers firmly rejecting further price cuts, but low demand continued to pull down prices for heavy rare earth products used in magnets
      July 12, 2024
       · 
      By the Fastmarkets team, Caroline Messecar
      Insights
    • Hydro, Porsche sign agreement for green aluminium in auto industry’s latest effort to decarbonize
      Norway-based aluminium producer Hydro and German car manufacturer Porsche signed a long-term agreement on Tuesday July 9 for supply of low-carbon aluminium to further decarbonize the supply chain of Porsche’s sports cars. The agreement follows the letter of intent signed in April
      July 11, 2024
       · 
      By Yasemin Esmen
      Insights
    • Electric vehicle
      Automotive sector benefitted from USMCA amid pivot toward zero-emission, hybrid vehicles: USTR
      The United States-Mexico-Canada Agreement (USMCA) has positively affected the automotive sector in the four years since its implementation and automakers are increasingly investing in zero-emission and hybrid vehicles, according to the US Trade Representative (USTR)
      July 3, 2024
       · 
      By Alesha Alkaff
      Insights
    • Machine, Wheel, Alloy Wheel
      Battery raw material price volatility spurs holistic hedging strategies, industry experts say
      Heightened price volatility observed in many energy metals underpinning the energy transition, including lithium and cobalt, has encouraged the deployment of a variety of hedging strategies, including the increased use of financial tools, industry participants have told Fastmarkets.
      July 2, 2024
       · 
      By Dalila Ouerghi
      Insights
    • Mining, Outdoors, Road
      BASF to cancel $2.6 billion nickel-cobalt refining project in Indonesia
      German chemical producer BASF announced on Monday June 24 that it will exit a $2.6 billion investment in a nickel-cobalt refining project in Weda Bay, Indonesia due to significant changes in the nickel market since the inception of the project
      June 26, 2024
       · 
      By Sybil Pan
      Insights
    • Mexican metals supply chain
      New ARZYZ FRP project opportunity for Mexico to depend less on imports
      Mexican secondary aluminium alloy smelter and distributor of primary metals ARZYZ Metals expects that the company’s new project to produce domestic flat-rolled products (FRP) will reduce Mexico's dependence on imports, a press officer told Fastmarkets on Monday June 24
      June 26, 2024
       · 
      By Leticia Simionato
      Insights
    • BMW green steel
      BMW opens first US press shop at South Carolina plant where it will manufacture EVs
      The German auto-manufacturer BMW opened its first press shop in North America at its plant in Spartanburg, South Carolina, where it will produce the exterior for its X3 model, the company announced on Friday June 21
      June 25, 2024
       · 
      By Yasemin Esmen
      Insights
    • US housing market analysis: Are we in the midst of an affordability crisis?
      Are fluctuating raw material costs worsening the US housing affordability crisis? Urgent action is needed to preserve homebuying opportunities, as explored by the Fastmarkets team
      June 20, 2024
       · 
      By the Fastmarkets team
      Insights
    • Can, Tin
      China mulls easing restrictions on black mass imports: sources
      Chinese authorities are in the process of considering relaxing restrictions on the import of some specifications of black mass to the country, sources said
      June 20, 2024
       · 
      By Lee Allen, the Fastmarkets team
      Insights
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