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UK Financial Conduct Authority opens investigation into LME’s March 2022 suspension of nickel futures
The UK's Financial Conduct Authority (FCA) has opened an enforcement investigation into the London Metal Exchange’s “conduct, systems and controls” related to nickel futures trading
March 6, 2023
·
By Yiwen Ju
Insights
UK regulator FCA steps up its nickel investigation
Almost a year after the London Metal Exchange temporarily suspended trading in its nickel contract, it has become the subject of the first enforcement investigation of a UK exchange by its regulator
March 6, 2023
·
By Andrea Hotter
Insights
SAF unlikely to deliver decarbonization of UK flights
According to a new report by scientific academy, The Royal Society, sustainable aviation fuels could be insufficient to yield the volumes of biofuels required to meet net-zero targets
March 1, 2023
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By John McGarrity
Insights
China’s GEM resumes cobalt production at Jiangsu metal refinery
Chinese cobalt producer GEM has been allowed by local authorities to resume cobalt production at its plant in Jiangsu from February 25, the company said on Monday February 27
February 28, 2023
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By the Fastmarkets team, Zihao Li, Alexander Cook
Insights
China’s Yichun city cracks down on illegal lithium mining amid weak market
The local government of Yichun city in China’s Jiangxi province has begun a crackdown on illegal lithium mining in the city, it said on Friday February 24
February 28, 2023
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By Zihao Li
Insights
Tirupati ramps up Madagascar graphite flake capacity
Tirupati Graphite has commissioned a new 18,000 tonnes per year unit to bring its overall flake graphite production capacity to 30,000 tpy, the company has reported
February 22, 2023
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By Jon Stibbs
Insights
Proposed Finnish LFP cathode plant expands Europe’s battery value chain
Competition with Asia to bring the battery value chain to Europe intensifies as mining company Finnish Minerals Group and battery cell manufacturer Freyr Battery explore the possibility of producing LFP cathode material
February 21, 2023
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By Dalila Ouerghi
Insights
LG Chem secures spodumene from Piedmont Lithium for US operations
Junior miner Piedmont Lithium has agreed to provide South Korean cathode maker LG Chem with 200,000 tonnes of spodumene concentrate (SC6%) over a four-year period, it said on Thursday February 16
February 20, 2023
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By the Fastmarkets team
Insights
Trafigura faces alleged nickel swindle | Hotter on metals
Global commodities trader Trafigura is suing Indian businessman Prateek Gupta and companies connected with him after discovering an allegedly elaborate scheme of nickel fraud
February 16, 2023
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By Andrea Hotter
Insights
Umicore starts industrialization of manganese-rich CAM production
Battery materials firm Umicore has started the industrialization of its high lithium, manganese (HLM) cathode active material (CAM), it said, and was targeting commercial production and use in electric vehicles in 2026
February 15, 2023
·
By Justin Yang
Insights
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