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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
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By the Fastmarkets team, Dalila Ouerghi, Jon Stibbs
Insights
Fast-moving consumer goods: How raw material prices will impact costs in 2024
Fastmarkets’ 2024 outlook for key raw materials and ingredients used in the production and distribution of fast-moving consumer goods
February 15, 2024
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By the Fastmarkets team
Insights
Palm oil price and production outlook
Analyzing trends, outlooks and influential factors in the global palm oil market
February 14, 2024
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By the Fastmarkets team, Sathia Varqa, Regina Koh
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
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By Andrea Hotter
Insights
US Congressman accuses Alcoa, Century, Rio Tinto of anti-competitive behavior in aluminium market | Hotter Commodities
A US Congressman has alleged that aluminium producers including Alcoa, Century Aluminum and Rio Tinto have engaged in anti-competitive price collusion by not offering duty-free aluminium to buyers in the country’s beverage industry
February 8, 2024
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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
Low-carbon aluminium to become requirement for beverage and packaging industry: Ball Corporation
Interest in low-carbon aluminium from the beverage and packaging industry is growing and aluminium packaging company Ball Corporation is working to meet that increasing demand, Dan Fisher, chairman and chief executive officer, said during the company’s earnings call on Thursday February 1
February 2, 2024
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By Yasemin Esmen
Insights
Navigating raw material risks: Challenges and opportunities in the automotive industry
Automotive companies operate in a highly competitive and volatile industry susceptible to fluctuating input costs. These costs, including raw materials, can significantly impact automotive manufacturers’ profitability and cash flow. There are several tools that an automotive procurement manager or risk manager can use to determine the extent of the risk embedded in production costs. This […]
February 1, 2024
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By David Becker
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
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By Sybil Pan, Jon Stibbs
Insights
Samsung SDI stake in Canada Nickel highlights EV materials focus
South Korean battery maker Samsung SDI’s recent investment in Canada Nickel, despite falling nickel prices, is the latest example of companies forming long-term partnerships to secure electric vehicle supply chain production that qualifies for tax credits under the US Inflation Reduction Act (IRA)
January 24, 2024
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By Leticia Simionato
Insights
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