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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
·
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
India finds 5.9 million-tonne lithium deposit
The Geological Survey of India discovered a new lithium deposit containing 5.9 million tonnes of inferred lithium resources in the country’s Salal-Haimana area of the Reasi District of Jammu and Kashmir, the Indian government said on Thursday February 9
February 15, 2023
·
By Zihao Li
Insights
GreenRoc wins ERMA support for Amitsoq graphite project
The European Raw Materials Alliance (ERMA) has given its official support to GreenRoc Mining’s Amitsoq graphite project in southern Greenland with the intention of improving the security of graphite supply for the EU, which has categorized it as a critical material
February 15, 2023
·
By the Fastmarkets team, Jon Stibbs, Sofia Okun
Insights
How reliant is Europe on Russian energy?
Lasse Sinikallas, our director of macroeconomics, shares his analysis on whether Europe’s reliance on Russian energy resources 12 months on
February 14, 2023
·
By Lasse Sinikallas
Insights
Nickel market reacts to Trafigura’s ‘shocking’ fraud allegations
Nickel market participants around the world reacted with alarm to the allegations of “systematic fraud” raised by global commodity trading house Trafigura that could result in losses of up to $577 million
February 13, 2023
·
By Callum Perry
Insights
Nickel sulfate price rebounds in China; market participants skeptical amid subdued EV demand
The nickel sulfate price rebounded for the first time in two months with new buying interest emerging after China’s 2023 Lunar New Year holiday
February 13, 2023
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By Yiwen Ju
Insights
Rock Tech Lithium, Transamine partnership highlights urge to secure critical raw materials
While the energy transition gathers momentum globally, participants active across the battery value chain in Europe are continuing projects at a speedy case
February 10, 2023
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By Dalila Ouerghi
Insights
Getting nickel going again | Hotter on metals
There’s widespread agreement that the London Metal Exchange nickel contract is broken, but little consensus on how to get it going again.
February 10, 2023
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By Andrea Hotter
Insights
DRC must formalize artisanal cobalt, kick-start buying, report says
A new white paper has called on the government of the Democratic Republic of Congo (DRC) to formalize artisanal mining (ASM) of cobalt and has criticized the delayed inauguration of a new entity responsible for purchasing all ASM-produced material
February 9, 2023
·
By Andrea Hotter
Insights
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