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US aluminium, copper industries to receive $900 mln from Energy Department program to cut emissions
The US Department of Energy selected five base metals projects to receive more than $900 million in federal investment from its Industrial Demonstration Program (IDP), leading to a reduction of four million tonnes of carbon dioxide emissions annually, according to a statement by the Department on Monday March 25
March 26, 2024
·
By Yasemin Esmen
Insights
Constellium joins aluminium producers exploring hydrogen power to decarbonize operations
Aluminium producer and recycler Constellium announced on Tuesday March 12 that the company is moving to test hydrogen utilization at an industrial scale as a power source in its casthouses
March 20, 2024
·
By Yasemin Esmen
Insights
Black mass market waits to see the effect of higher nickel and lithium prices
Warmer sentiment for lithium and nickel prices in Asian markets was not able to attract more buying interest for black mass from South Korean buyers in the week ended Wednesday March 13, due to continued thin margins at recyclers, according to market sources
March 18, 2024
·
By Lee Allen, Tianran Zhao
Insights
EV battery lifespans: Unlocking the secrets to battery lifetimes and battery recycling
Fastmarkets examines the lifespan of electric vehicle (EV) batteries and offers insights into recycling timelines and environmental implications
March 1, 2024
·
By André Cortesão
Insights
S Korean black mass payables hold firm in January, EU market weakens further
Payables in concluded deals for nickel cobalt manganese (NCM) black mass in the CIF South Korea market held largely firm in January 2024 despite weaker battery raw materials prices and lower bids from some buyers, according to market sources
February 1, 2024
·
By Lee Allen
Insights
Black mass payables fall in Europe due to “very soft” market
Payables for black mass (shredded and sorted lithium-ion batteries) in the European domestic market continued to drop in the week to January 15 amid weak demand and abundant supply
January 17, 2024
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By Lee Allen, Tianran Zhao
Insights
Mercedes-Benz steps up plans for lithium battery recycling with hydromet plant purchase
Major carmaker Mercedes-Benz has deepened its plans to expand operations in Europe’s lithium-ion battery recycling space with the order of a new hydrometallurgical plant to recover battery metals from black mass
January 15, 2024
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By Lee Allen
Insights
Aurubis to build black mass demo plant
Hamburg-based copper producer Aurubis is considering the US and Europe among options for a future black mass recycling plant, chief executive officer Roland Harings told Fastmarkets on Monday January 8
January 11, 2024
·
By Yasemin Esmen
Insights
Lithium battery recyclers must ‘play long game’ to weather current storms: Ecobat VP
Lithium-ion battery recyclers must resist short-term thinking and hold their nerve to navigate the challenges facing their sector, Elliott Ethridge, vice president of global sales at major recycling firm Ecobat, told Fastmarkets in an interview
January 8, 2024
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By Lee Allen
Insights
The automotive supply chain: A guide to strategically sourcing raw materials
As the demand for battery materials continues to grow, those in procurement are facing a huge challenge: making sure they can get a steady and reliable supply of battery materials
December 20, 2023
·
By the Fastmarkets team
Insights
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