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EC signs off on RED revamp, targets 29% renewable fuel contribution
A revision to the Renewable Energy Directive (RED) will require the bloc to ensure 42.5% of the European Union’s entire energy consumption is met through renewables by 2030
October 16, 2023
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Insights
Higher black mass offers emerge in Asia; buying remains constrained
A slight rise in offers for black mass payables were heard in South Korea this week, but a wide bid-offer gap persisted in the market, according to sources
October 16, 2023
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By Lee Allen
Insights
China’s lithium carbonate price rebounds amid futures strength
China’s spot lithium carbonate prices rebounded in the week to Thursday October 12 due to support from a surge in the lithium carbonate futures contract on Guangzhou Futures Exchange (GFEX), the first gain since the end of August, sources said
October 13, 2023
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By Dalila Ouerghi, the Fastmarkets team, Zihao Li
Insights
Sunrise Energy Metals seeking to install $200 million nickel-cobalt refinery in US
Australia-based Sunrise Energy Metals is searching for a location in the US to build a nickel-cobalt refinery, the company confirmed to Fastmarkets
October 5, 2023
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By Bruno Martins
Insights
Lack of investment, diversification biggest challenges for European graphite market
Investment for new projects outside of China and acceptance that synthetic graphite will continue to play a role in supplying the anode battery sector are key for the development of the nascent European graphite market, according to panelists at Fastmarkets’ European Battery Raw Materials conference in Amsterdam
October 2, 2023
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By Dalila Ouerghi
Insights
Asian recyclers pause black mass buying on uncompetitive pricing
The relatively high costs for black mass material meant that some recyclers in China and Southeast Asia were turning away from purchases of such powders in favor of other options
September 29, 2023
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By Lee Allen
Insights
Eramet, Suez set 2025 start-up for major EU battery recycling plant
France-based metallurgy firm Eramet and utility company Suez announced this week that they will begin the recycling of electric vehicle (EV) batteries at a site in Dunkirk, northern France, beginning in 2025
September 28, 2023
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By Lee Allen
Insights
Ex-China silicon producers to increase output to meet burgeoning battery anode consumption
Silicon production outside China will need to increase significantly if it is to provide sufficient material to produce battery anodes for the energy transition in the rest of the world, sources told Fastmarkets in the week to Tuesday September 26
September 27, 2023
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By Solomon Cefai
Insights
Five things we learned at the European Battery Raw Materials Conference 2023
Delegates at Fastmarkets’ European Battery Raw Materials Conference in Amsterdam, held September 18-20, discussed their expectations and the likely developments in the global battery raw materials markets. Here are five key takeaways
September 25, 2023
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By the Fastmarkets team, Lee Allen, Callum Perry, Sayaka Kurata, Solomon Cefai
Insights
China’s lithium prices soften further, dragging down other markets
China’s lithium prices continued to decrease over the week to Thursday September 21 amid ongoing downward pressure from scarce spot demand and bearish sentiment, as well as weakening Chinese futures
September 25, 2023
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By Dalila Ouerghi, the Fastmarkets team, Zihao Li
Insights
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