Aluminum scrap generation in Europe is expected to decrease in the current quarter due to lower demand from downstream metal producers amid the domestic seasonal summer slowdown, according to the latest market overview from the Bureau of International Recycling (BIR)

The imminent production of commercial-scale battery-grade lithium hydroxide in the US by American Battery Technology Co (ABTC) will help domestic cathode makers to improve their inventory management by shortening lead times, according to the company’s top executive.

Price and supply were the major topics of conversation for market participants across the value chain attending Fastmarkets’ flagship Lithium Supply and Battery Raw Materials conference in Las Vegas on June 24-27

Payables for nickel cobalt manganese (NCM) black mass in the CIF Asia markets showed mixed trends in June

There have been challenges with high recovered paper costs and sluggish demand from China, while fine paper prices saw modest increases driven by higher shipping costs, impacting both local and Chinese markets.

Chinese authorities are in the process of considering relaxing restrictions on the import of some specifications of black mass to the country, sources said

Market sentiment for black mass sales to Asia was hit by weakening battery metal prices in the week to Friday June 14, but solid demand from the expanding South Korean market was lending support to the payables, sources told Fastmarkets.

Germany-based copper recycling and non-ferrous metal provider Aurubis has started commissioning their secondary smelter in Augusta, Georgia, and could eventually introduce black mass recycling to the facility

Payables for nickel cobalt manganese (NCM) black mass in the CIF Asia markets were firm in May despite volatility in battery raw material prices

To reach the International Energy Agency’s (IEA) net zero by 2050 goals, the North American aluminium industry needs around $60 billion in private and public investment, according to a May 29 report by the Aluminum Association and the environmental consulting firm ICF