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Offshore wind industry in need of rare earth magnets
Demand for neodymium rare earth magnets from the offshore wind power industry is set to soar in the next decade if decarbonization plans are realized
September 19, 2023
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By Sofia Okun
Insights
EnergyX moves closer to commercial lithium production in the Americas
EnergyX expects that its five lithium refinery demonstration plants in North and South America will all be up and running within the next 12 months, bringing the company one step closer to commercialized direct-lithium-extraction (DLE) production, according to chief executive officer Teague Egan. Egan told Fastmarkets that the demonstration plants are being developed in: California’s […]
September 18, 2023
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By Grace Asenov
Insights
Manganese sulfate market to switch to deficit by 2028 despite new capacity | European Battery Raw Materials 2023
The supply of battery-grade manganese sulfate will switch from oversupply to deficit by 2028 despite new capacity coming online, especially outside of China, according to Fastmarkets’ most recent forecast ahead of the European Battery Raw Materials Conference in Amsterdam on September 18-20
September 15, 2023
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By Solomon Cefai
Insights
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
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