Aluminium and lithium market participants told Fastmarkets the European Commission’s provisional additional duties on Chinese electric vehicles (EVs) are supportive for production but they were not convinced they would be enough to reverse the fortunes of the weakening domestic European auto market

The European Union announced on Wednesday June 12 that it will impose additional tariffs of up to 38.1% on electric vehicles (EVs) imported from China from July 4.

Europe’s nascent synthetic graphite sector faces a double threat with China’s overcapacity persisting and US legislation embracing protectionism at the expense of a level playing field, according to the head of a forthcoming anode material producer in Europe

Toronto, Canada-headquartered Lithium Ionic is on track to start operations at its hard-rock spodumene Bandeira project in Brazil in roughly two years, after it recently published its feasibility study and secured fresh funds to go ahead with the next phase

Toronto-based lithium-ion battery resource recovery company Li-Cycle announced a partnership with Oregon-headquartered manufacturer Daimler Truck North America (DTNA) on Thursday May 30 to facilitate the recycling of lithium-ion batteries from electric vehicles (EVs).

Spot lithium prices in China inched down over the week to Thursday May 30 amid ongoing limited appetite for spot materials and bearish sentiment on near-term demand, sources told Fastmarkets

The push toward decarbonization will dramatically increase the demand for ferrous scrap materials among major Indian steel producers in the coming years, Zain Nathani, vice president of the Material Recycling Association of India (MRAI), has said in a Fastmarkets webinar

Electric vehicle (EV) battery makers and original equipment manufacturers (OEMs) are willing to pay a premium for Inflation Reduction Act-compliant material, according to a top executive at US-based natural graphite producer and processor Westwater Resources Inc

The base metals complex has been on a climb on futures exchanges globally but the surge is not reflected in physical markets, with buyers generally staying out of the market due to elevated prices, sources told Fastmarkets

The South Korea government has started to build up a national stockpile of lithium reserves through the state-owned Korea Mine Rehabilitation & Mineral Resources Corp (KOMIR), Fastmarkets was told on Tuesday May 21