Battery materials, specifically nickel, dominated many conversations during LME Week 2022

While the country encourages a high level of biofuel consumption, there's concern that too many credits may be awarded

The Chinese battery-related nickel market has continued to show strength, with domestic prices rising and demand appearing strong for intermediate feedstock products such as nickel mixed-hydroxide-precipitate (MHP). But the international sulfate market has continued to show weakness on a spot basis with little buying interest reported.

Black mass will require a set of global specifications for recycled battery materials for it to be commoditized.

Cobalt futures volume and open interest are accelerating on the CME

Black mass will be increasingly valuable as recycling technology improves, Benoit Couture, the president of lithium-ion battery recycling company Lithion Recycling, told Fastmarkets in an exclusive interview

The company's renewables division’s adjusted earnings showed a loss of €39 million for the July-September quarter

Western economies have been increasingly moving to deglobalize the lithium-ion battery supply chain to reduce their over-reliance on certain countries

High global energy costs coinciding with potential macroeconomic headwinds are threatening the production of metals that are pivotal in helping countries meet decarbonization goals

The Environmental Protection Agency (EPA) reported 1.52 billion gallons of renewable fuel was consumed during September