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Albemarle expects higher lithium prices and supply tightness through 2023
Albemarle has increased its revenue outlook for 2023 partially due to expectations of improving lithium prices, although some analysts expect the lithium market will be oversupplied in upcoming years
August 7, 2023
·
By Grace Asenov
Insights
New EU battery legislation is ‘not ambitious’ but supports supply chains for all components
Recently approved at the European Parliament, a new legislation that sets rules for batteries used in electric mobility devices is an important policy step to secure supply chains, though not necessarily ground-breaking, according to analysts and market participants
August 1, 2023
·
By Yasemin Esmen
Insights
Do solid-state and sodium-ion batteries have the power to overcome the lithium supply crunch?
Fastmarkets explores two key emerging battery chemistries and whether they have the ability to alleviate battery material supply challenges
July 27, 2023
·
By the Fastmarkets team
Insights
NextSource prepares for new mine’s flake graphite verifications, expects supply tightness of non-Chinese material
NextSource has begun flake graphite production at its Molo mine in Madagascar ahead of a potential bottleneck in natural and synthetic graphite anode material produced outside of China, executive vice president Brent Nykoliation told Fastmarkets
July 26, 2023
·
By Jon Stibbs
Insights
Spotlight on sulfate: Volatility expected in manganese sulfate amid supply and processing capacity bottlenecks
Sometimes regarded as the “forgotten” battery material, attention towards manganese has increased drastically as participants seek to localize supply chains and ramp up battery production to meet growing demand
July 25, 2023
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By the Fastmarkets team, Callum Perry, Solomon Cefai
Insights
Tata Group’s UK gigafactory to produce cobalt and lithium-based batteries
Tata Group announced this week that it is to invest £4 billion ($5.2 billion) in a 40GW battery cell 'gigafactory' in the UK - producing both lithium and cobalt-based batteries for car manufacturers in the UK and across Europe
July 20, 2023
·
By Sayaka Kurata
Insights
China’s auto sales rise for second month in June amid broad economic recovery
China’s auto output and sales rose for a second straight month in June, due to central and local government stimulus measures, along with carmakers introducing new models and sales incentives to try and hit their mid-year sales targets
July 18, 2023
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By the Fastmarkets team, Carrie Shi, Sybil Pan, Ruby Liu, Zihao Li, Zihuan Pan, Yiwen Ju
Insights
Rising cobalt prices spur demand for LCO black mass in Asia
Higher prices for cobalt metal have led to increased interest for assays of lithium cobalt oxide (LCO) black mass in Asia, sources told Fastmarkets on Wednesday July 12
July 14, 2023
·
By Lee Allen
Insights
Confusion persists over requirements of Inflation Reduction Act on battery raw materials
The battery raw materials markets continued to be confused and uncertain because of the requirements about the sourcing of key raw materials set out by the US Inflation Reduction Act (IRA), Fastmarkets heard on Wednesday July 12
July 14, 2023
·
By Callum Perry
Insights
EU strengthens battery recycling targets after government heads approve battery regulation
More stringent targets for the recycling of batteries are about to enter into force in the European Union (EU) after heads of government who met at the Council of the EU moved to rubber-stamp the bloc’s battery regulation this week
July 13, 2023
·
By Lee Allen
Insights
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