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Low demand, oversupply weigh on cobalt market | European Battery Raw Materials 2023
The combination of slow demand and oversupply has been putting pressure on the price for cobalt, with part of that pressure coming from the changing preference in battery chemistry toward lithium-iron-phosphate (LFP) batteries and away from nickel-cobalt-manganese (NCM) batteries
September 15, 2023
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By Sayaka Kurata
Insights
Brazil’s Sigma Lithium looking at M&A proposals after first shipments
Brazil-headquartered spodumene producer Sigma Lithium, having recently completed its second successful commercial shipment, has formally become a target for merger and acquisitions, it revealed in a press release published on Wednesday September 13
September 14, 2023
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By Renato Rostás
Insights
Neste challenges USDA’s UCO fraud claims
The biofuel producer responds to allegations of receiving fraudulent waste-based feedstock at its Singapore refinery
September 13, 2023
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By Alexandra Chapman
Insights
Graphite producer NextSource signs MoU with Posco to secure battery materials supply
Toronto-based graphite producer NextSource Materials has signed a strategic Memorandum of Understanding (MoU) with South Korean battery precursor materials’ producer Posco International, it announced on Tuesday September 5
September 11, 2023
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By Dalila Ouerghi
Insights
Inflation Reduction Act has derisked battery supply chain, says Albemarle’s president of energy storage, Eric Norris | Hotter Commodities
From insights into how the battery raw materials supply chain is changing to Albemarle's bullish view of lithium demand growth, Andrea Hotter speaks at length with Eric Norris about his life, career and where Albemarle is headed next
September 11, 2023
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By Andrea Hotter
Insights
Potential Indonesian mining suspension deepens nickel supply fears
Provincial authorities in Indonesia’s mining hub of North Maluku province proposed a nickel mining suspension in the region’s Central Halmahera Regency amid environmental concerns
September 7, 2023
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By Yiwen Ju
Insights
Albemarle plans to acquire Australian lithium miner Liontown
United States-based lithium producer Albemarle has submitted a non-binding proposal to acquire all outstanding shares of Australian lithium miner Liontown for A$3.00 ($1.92) in cash per share, the former said last Sunday September 3
September 6, 2023
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By Zihao Li
Insights
Growth expectations put more attention on European nickel sulfate market
Participants in the nickel market are preparing for a significant ramp-up in demand from regions such as Europe, with demand likely to soar for electric vehicles, which use nickel in their batteries
September 4, 2023
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By Callum Perry
Insights
Primobius to build first commercial battery shredding plant for Mercedes
Joint-venture battery recycler Primobius has agreed with car manufacturer Mercedes-Benz to set up a shredding operation in Kuppenheim, Germany, to recycle battery raw materials
August 30, 2023
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By Sayaka Kurata
Insights
Abaxx to launch nickel sulfate futures by year-end, president says | Hotter Commodities
Abaxx Exchange Pte Ltd plans to launch its new nickel sulfate futures contract by the end of this year and is looking at other contracts in the battery raw materials space, its president told Fastmarkets in a recent interview
August 30, 2023
·
By Andrea Hotter
Insights
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