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Sigma Lithium ‘pacing, not racing’ growth in current market environment | Hotter Commodities
Sigma Lithium is “pacing, not racing” the expansion of its capacity in the current lithium market cycle, but has an acceleration plan in case of an improvement in conditions, chief executive officer Ana Cabral said.
August 22, 2024
·
By Andrea Hotter
Insights
China’s July cobalt metal export and intermediate import numbers raise market concerns about continued oversupply
Signals of oversupply are caused by newly signed contracts and delays in seaborne logistics, said cobalt traders
August 22, 2024
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By Angeline Shi
Insights
Logistics challenges in Africa continue despite Zambia-DRC border resolution
Africa is known for being home to many key resources, including copper and cobalt, but it’s equally known for its persistent logistics issues, such as trucking strikes, shortages of transport capacity and congested ports, which have caused constant delays in shipments from the region.
August 22, 2024
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By Carrie Shi, Sally Zhang, Shiyue Zhao
Insights
US lithium prices need more transparency to help secure domestic supply: Surge Battery Metals chairman
A domestic price mechanism for lithium in the US is essential to bring transparency to the industry in order to successfully secure supply of the critical mineral, Graham Harris, chairman and director at Surge Battery Metals, told Fastmarkets in an interview.
August 21, 2024
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By Leticia Simionato
Insights
What BHP-Lundin deal tells us about Argentina’s mining ‘boom’
A $3 billion deal between BHP and Lundin Mining is the first concrete sign that Argentina’s new president, Javier Milei, can persuade international investors to build copper mines in the country.
August 20, 2024
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By James McKeigue
Insights
UK to provide £13.5 mln to support supply chain while Tata Steel transitions to green steelmaking at Port Talbot
The UK is to provide funding of £13.5 million ($17.3 million), to support supply chain businesses and workers affected by Tata Steel’s decarbonization plans for its Port Talbot steelworks in south Wales, the British government said on Thursday August 15
August 15, 2024
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By Darina Kahramanova
Insights
Canadian housing starts stable in second quarter of 2024
The annual rate of housing starts was slightly down from the previous quarter but up from the same period last year, with urban single-detached starts decreasing and other urban starts slightly increasing.
August 15, 2024
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By Gary Zauner
Insights
China EV sales overtake traditional autos for first time ever; Southeast Asia continues to push EV developments
Sales of new energy vehicles (NEVs) in China overtook more conventional auto sales for the first time ever in July, accounting for more than half of all units sold during the month, according to the latest data from the China Association of Automobile Manufacturers (CAAM)
August 14, 2024
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By Nina Hu
Insights
Graphite sector shows mixed reactions to proposed changes to US Section 301 tariffs
The proposed amendments to the Section 301 tariffs applied by the US on imports of materials from China have prompted a flurry of feedback, including some on the timing and levels of proposed tariffs on graphite imports, Fastmarkets heard on Tuesday August 13
August 14, 2024
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By Solomon Cefai, Julienne Raboca
Insights
US Steel for sale, one year on: A look-back at the $15 bln saga of the acquisition of an American icon
The US news cycle was set alight exactly a year ago on a Sunday afternoon when US Steel, an iconic century-old institution, announced it was for sale
August 13, 2024
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By Rijuta Dey
Insights
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