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    • close up of a rechargeable battery pack
      India establishes royalties for lithium as country pushes for energy transition goals
      The Indian government has established royalty rates for the mining of lithium, rare earths and niobium, it announced on Wednesday October 11
      October 17, 2023
       · 
      By Dalila Ouerghi
      Insights
    • Share of Russian, Chinese nickel in LME warehouses grows amid weaker demand
      Nickel metal produced in China has appeared in the London Metal Exchange warehouse system for the first time since the exchange began reporting its country-of-origin data in January 2023
      October 16, 2023
       · 
      By Callum Perry
      Insights
    • Detail shot of the buffer vessel from a modern biomass plant
      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
       · 
      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
       · 
      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
       · 
      By Dalila Ouerghi, the Fastmarkets team, Zihao Li
      Insights
    • Copper prices, capital costs driving project decisions, Freeport says: LME Week | Hotter Commodities
      The price of copper and capital costs will be central to Freeport-McMoRan’s decision on the timing of an expansion at its Bagdad copper operation in the US state of Arizona, the president of the US producer told Fastmarkets
      October 11, 2023
       · 
      By Andrea Hotter
      Insights
    • LME trialing VWAP expansion ahead of January launch, CEO says: LME Week | Hotter Commodities
      The London Metal Exchange (LME) is trialing the expansion of its closing price methodology across five of its base metals contracts ahead of launching next year, the exchange’s chief executive officer told Fastmarkets
      October 9, 2023
       · 
      By Andrea Hotter
      Insights
    • Nickel industry rules out Class 2 products for LME contract delivery, CEO says: LME Week | Hotter Commodities
      Nickel market participants rejected the idea of making nickel sulfate or other Class 2 products eligible for delivery against the Class 1 London Metal Exchange (LME) contract and want the exchange to instead focus on fixing the existing contract, according to the LME chief executive officer
      October 9, 2023
       · 
      By Andrea Hotter
      Insights
    • LME CEO confident in stability of nickel contract: LME Week | Hotter Commodities
      While there’s more work to be done, stability has been restored to the London Metal Exchange nickel contract and confidence in its value as a pricing mechanism is starting to return, according to the exchange’s chief executive officer
      October 9, 2023
       · 
      By Andrea Hotter
      Insights
    • Bearish investors hinder near-term copper, but outlook still strong, Codelco chair says: LME Week | Hotter Commodities
      The short-term outlook for copper is being understandably muted by investors’ macroeconomic and geopolitical concerns despite an ongoing positive story for the longer term, the chairman of Chilean state-owned copper producer Codelco said in an interview
      October 9, 2023
       · 
      By Andrea Hotter
      Insights
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