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Will consumers pay more for sustainably sourced metals?: LME Week
As the mining industry converges for LME Week, a pressing question looms: will consumers be willing to shoulder the costs of sustainable metal production? At the FT Mining Summit‘s panel on “Supply, demand and decarbonization” in London on September 26, industry leaders grappled with the challenge of balancing sustainability investments against rising inflation and the […]
September 30, 2024
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By Jon Stibbs, James McKeigue, Julienne Raboca
Insights
EU battles €19 bln battery deficit with 14-nation critical minerals pact
The report details the EU’s efforts to secure critical raw materials through 14 strategic partnerships with non-member countries. These partnerships aim to diversify the EU’s supply chain for materials essential to its clean energy transition and industrial competitiveness. Norway, Australia and Serbia were highlighted as new partnerships established in 2024. According to the report, strategic […]
September 30, 2024
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By Julienne Raboca
Insights
Middle Eastern steelmakers pave the way for green steel: LME Week
Middle Eastern steelmakers are ramping-up their efforts to reduce carbon emissions, taking several bold steps toward this goal
September 30, 2024
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By Serife Durmus
Insights
European Commission report details $45 billion for clean energy, $800 million for hydrogen by 2030
The European Commission plans to boost the EU’s clean energy transition with an investment of €720 million ($802 million) into its hydrogen sector, while the battery sector continues to grapple with a €19 billion trade deficit, Fastmarkets has heard
September 27, 2024
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By Julienne Raboca
Insights
UK’s NorthPoint SAF facility uncertain as project developer files for bankruptcy
The future of the NorthPoint sustainable aviation fuel (SAF) facility in the UK could be in the balance after sources told Fastmarkets last week that project developer Fulcrum BioEnergy has filed for bankruptcy
September 26, 2024
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By Alexandra Chapman, Wendy Dulaney
Insights
Interview with Matthew Chamberlain, CEO of the London Metal Exchange | Fast Forward podcast episode 6 transcript
Read the full transcript from episode 6 of Fast Forward podcast on trading power and the role of the London Metal Exchange (LME) in the energy transition with CEO Matthew Chamberlain.
September 24, 2024
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Insights
The future of metals trading with the LME’s Matthew Chamberlain
Ahead of LME Week 2024, the exchange's CEO, Matthew Chamberlain, sat down with Andrea Hotter for Fast Forward podcast to talk about the exchange's role in facilitating responsible sourcing and transparency along the metals supply chain
September 20, 2024
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Insights
Investment in aluminium scrap processing key to securing supply amid global shortage: LME week
Investing in scrap processing capacity will be a key factor for the aluminium industries in Europe and North America in securing enough suitable scrap to decarbonize their primary alloys, industry sources said at Fastmarkets’ International Aluminium conference in Athens, Greece.
September 20, 2024
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By Ross Yeo
Insights
China electrical steel poised for green boost, but experts warn against overcapacity
Chinese steelmakers are strengthening their position as global leaders in electrical steel after China's introduction of new motor efficiency standards, but experts have warned that supply may soon outpace demand and that overcapacity in high-end electrical steel products could generate downward pressure on prices.
September 20, 2024
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By Sam Li Xiaoyu
Insights
China to boost liquidity in carbon emission trading system
China is working ways to boost the national carbon trading market liquidity by including more industrial firms from the steel, cement and electrolytic aluminum sectors to participate, as well as restarting the voluntary greenhouse gas (GHG) emissions reduction trading, sources told Fastmarkets.
September 20, 2024
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By Zihuan Pan, Alice Li, the Fastmarkets team
Insights
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