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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
·
By Zihao Li
Insights
US dives into lithium battery recycling: 2023 preview
An intense interest in lithium battery recycling in the US has grown in the past few years, driven by concerns over supply chains, national security, the environment and a growing interest in electric vehicles (EVs)
January 4, 2023
·
By Yasemin Esmen
Insights
Nickel metal still has key role to play in 2023 battery grade market: 2023 preview
With global lithium-ion battery production forecast to grow significantly in the coming years, market participants in the global nickel industry are working on the most efficient way to produce nickel sulfate for lithium-ion battery cathodes
December 23, 2022
·
By Callum Perry
Insights
EU battery recycling targets face feedstock hurdles
The European Union’s recently announced targets for battery recycling faces questions about whether there is enough recycling capacity and feedstock supply to meet the trade bloc’s goals in the coming years
December 23, 2022
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By Justin Yang
Insights
Panasonic boosts presence in US battery market through deal with carmaker Lucid Group
Panasonic is expanding its battery footprint in the United States, signing a multi-year agreement with luxury carmaker Lucid Group to supply its electric vehicle (EV) fleet with lithium-ion batteries
December 19, 2022
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By Dalila Ouerghi
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
China’s EV market bucks downward auto output
Production and sales of automobiles in China continued to fall in November from the previous month and from last year, buckling under pressure from Covid-19 but demand for electric vehicles (EVs) withstands pressure
December 14, 2022
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By the Fastmarkets team, Carrie Shi, Sybil Pan, Ruby Liu, Zihao Li, Zihuan Pan, Yiwen Ju, Jinfan Yang
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
Glencore, ACE Green Recycling sign battery recycling agreement
Glencore and ACE Green Recycling announced a long-term supply agreement on Tuesday December 6 for recycled lead, as well as for several battery metal end-products recycled from lithium-ion batteries
December 8, 2022
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By Ian Templeton
Insights
Mining companies stress the need to rethink approach to recycling
Recycling and sustainable production have become topics that mining companies have had to face up to, the audience at Mines and Money’s Resourcing Tomorrow conference heard
December 8, 2022
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By Callum Perry, Josh Fulton
Insights
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