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Low demand, oversupply weigh on cobalt market | European Battery Raw Materials 2023
The combination of slow demand and oversupply has been putting pressure on the price for cobalt, with part of that pressure coming from the changing preference in battery chemistry toward lithium-iron-phosphate (LFP) batteries and away from nickel-cobalt-manganese (NCM) batteries
September 15, 2023
·
By Sayaka Kurata
Insights
Brazil’s Sigma Lithium looking at M&A proposals after first shipments
Brazil-headquartered spodumene producer Sigma Lithium, having recently completed its second successful commercial shipment, has formally become a target for merger and acquisitions, it revealed in a press release published on Wednesday September 13
September 14, 2023
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By Renato Rostás
Insights
Brazil’s CBMM expects niobium for batteries to make 25% of revenues by 2030
The use of niobium as an additive in battery manufacturing could expand to provide as much as one-quarter of the revenues at leading global producer Companhia Brasileira de Metalurgia e Mineração (CBMM) by 2030
September 13, 2023
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By Renato Rostás
Insights
Global electric vehicle supply chains struggle to keep up as demand continues to surge
Guest contributor, Ewa Manthey from ING Research, provides a comprehensive overview of how EV supply chains are being impacted by the surge in demand for battery raw materials
September 13, 2023
·
Insights
Altilium gets $2.5mln investment to supercharge UK battery recycling plans
UK-based battery recycling firm Altilium has received an investment worth $2.5 million to bolster its development of the UK’s only commercial facility to produce recycled cathode active materials (CAM) from the scrapped batteries of electric vehicles (EVs)
September 13, 2023
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By Lee Allen
Insights
Syrah gets nod on $150-mln US govt loan for anode grade graphite production
Australia-listed graphite miner Syrah Resources has received approval for a $150-million conditional loan commitment for its wholly owned subsidiary Twigg Exploration & Mining Ltd in Balama, Mozambique, the company announced on Monday September 11
September 12, 2023
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By Sybil Pan
Insights
Graphite producer NextSource signs MoU with Posco to secure battery materials supply
Toronto-based graphite producer NextSource Materials has signed a strategic Memorandum of Understanding (MoU) with South Korean battery precursor materials’ producer Posco International, it announced on Tuesday September 5
September 11, 2023
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By Dalila Ouerghi
Insights
Inflation Reduction Act has derisked battery supply chain, says Albemarle’s president of energy storage, Eric Norris | Hotter Commodities
From insights into how the battery raw materials supply chain is changing to Albemarle's bullish view of lithium demand growth, Andrea Hotter speaks at length with Eric Norris about his life, career and where Albemarle is headed next
September 11, 2023
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By Andrea Hotter
Insights
Fastmarkets commences daily outright pricing for cobalt hydroxide
The cobalt hydroxide market has increasingly switched to conducting transactions on an outright $ per lb basis in 2023, due to cobalt metal price volatility and uncertainty in the hydroxide market
September 8, 2023
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By Alexander Cook
Insights
Asian buyers enter black mass market to restock at lower prices
Black mass buyers re-entered the market to take advantage of lower payables and to restock material over the past week, industry sources told Fastmarkets on Wednesday September 6
September 8, 2023
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By Lee Allen
Insights
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