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Additional EV investments will support black mass, critical materials and battery manufacturing
There is a lot of additional activity in the United States when it comes to electric vehicle (EV) production and this will be supportive of black mass recycling, critical material production and active battery manufacturing that is needed to support the EV industry
October 6, 2023
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Insights
Future of major Italian battery metals recycling plant in question
The future of Glencore and Li-Cycle’s major Italian hub for the recycling of key battery metals could be under threat after a request to fast-track the project was rejected by the regional government of Sardinia, southern Italy, according to a Glencore spokesperson
October 4, 2023
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By Lee Allen
Insights
Asian recyclers pause black mass buying on uncompetitive pricing
The relatively high costs for black mass material meant that some recyclers in China and Southeast Asia were turning away from purchases of such powders in favor of other options
September 29, 2023
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By Lee Allen
Insights
Eramet, Suez set 2025 start-up for major EU battery recycling plant
France-based metallurgy firm Eramet and utility company Suez announced this week that they will begin the recycling of electric vehicle (EV) batteries at a site in Dunkirk, northern France, beginning in 2025
September 28, 2023
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By Lee Allen
Insights
Five things we learned at the European Battery Raw Materials Conference 2023
Delegates at Fastmarkets’ European Battery Raw Materials Conference in Amsterdam, held September 18-20, discussed their expectations and the likely developments in the global battery raw materials markets. Here are five key takeaways
September 25, 2023
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By the Fastmarkets team, Lee Allen, Callum Perry, Sayaka Kurata, Solomon Cefai
Insights
Spectro Alloys boosts capabilities with recycling expansion project
Spectro Alloys has unveiled a $71 million recycling expansion plan geared at enhancing its aluminium sorting and melting capabilities for sheet and billet casting amid subdued market conditions
September 22, 2023
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By Geoff Mattson
Insights
Asia black mass payables under more pressure from thin battery metal margins
Demand for black mass in key Asian import markets has faced further pressure in the past week amid weakening battery metals prices which are leaving consumers of the shredded battery powder with poor margins, sources said
September 22, 2023
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By Lee Allen
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
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
Primobius to build first commercial battery shredding plant for Mercedes
Joint-venture battery recycler Primobius has agreed with car manufacturer Mercedes-Benz to set up a shredding operation in Kuppenheim, Germany, to recycle battery raw materials
August 30, 2023
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By Sayaka Kurata
Insights
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