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UK battery start-up Britishvolt enters administration as funding dries up
UK-based battery start-up Britishvolt has entered administration procedures because it had insufficient equity funds to continue with construction plans, it announced on Tuesday January 17
January 18, 2023
·
By Dalila Ouerghi
Insights
Chinese automobile output, sales rise in 2022 on supportive government policies
China’s automobile output and sales edged upward in 2022 from a year earlier, supported by the government's policy to halve the purchase tax on vehicles as well as other policies aimed at promoting consumer activity
January 18, 2023
·
By the Fastmarkets team, Carrie Shi, Sybil Pan, Ruby Liu, Zihao Li, Zihuan Pan, Yiwen Ju, Jinfan Yang
Insights
Nouveau Monde Graphite ramps up potential capacity with report on new Canadian project
The Uatnan project in eastern Canada, run by Nouveau Monde Graphite (NMG), will yield 500,000 tonnes per year of graphite concentrate, according to a preliminary economic assessment, the company announced on Tuesday January 10
January 13, 2023
·
By Jon Stibbs
Insights
US and EU policies spark battery materials and EV market volatility
The EU and US have recently introduced four key policies and laws to support local economies, secure battery material supply chains and accelerate the move towards a new generation of energy markets
January 10, 2023
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By the Fastmarkets team, Iveta Zagorova
Insights
Cobalt ends year on volatile note; some long-term negotiations drag on: 2023 preview
Volatility was one of the main themes for cobalt prices in 2022 and market participants will take a wait-and-see approach toward long-term supply contracts in the coming year
January 6, 2023
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By the Fastmarkets team, Justin Yang, Alexander Cook
Insights
Piedmont Lithium moves to floating price deal with Tesla
US-based junior miner Piedmont Lithium has updated its supply agreement with electric vehicles (EV) maker Tesla to a floating price mechanism instead of the previous fixed-price contract, it said on Tuesday January 3
January 5, 2023
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By Dalila Ouerghi
Insights
China’s removal of cobalt tariff from 2023 unlikely to affect market amid thin domestic demand
China has decided to remove its import tariff on cobalt metal (Harmonized System code 81052020), a move which is not expected to largely impact the domestic market due to weak demand for the metal, sources told Fastmarkets
January 5, 2023
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By Zihao Li
Insights
Weak Chinese lithium market depresses Pilbara Minerals’ latest spodumene auction
Australian lithium miner Pilbara Minerals’ latest spodumene concentrate auction held via the company’s Battery Material Exchange (BMX) platform on Wednesday December 14 resulted in a lower top bid than the high bid at its previous auction
December 16, 2022
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By Zihao Li
Insights
ERG, Gécamines restart copper-cobalt producer Boss Mining at time of market weakness
Eurasian Resources Group (ERG) and joint-venture partner La Générale des Carrières et des Mines (Gécamines) will reinstate copper-cobalt producer Boss Mining in the Democratic Republic of Congo
December 13, 2022
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By Justin Yang
Insights
Manganese ore prices nudge up despite high inventories
Seaborne manganese ore prices in China ticked upward in the week to Friday December 2 but doubt remained whether this was an indication of an upward trend or just a short-term shift
December 9, 2022
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By the Fastmarkets team, Jon Stibbs, Sybil Pan
Insights
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