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Automotive sector benefitted from USMCA amid pivot toward zero-emission, hybrid vehicles: USTR
The United States-Mexico-Canada Agreement (USMCA) has positively affected the automotive sector in the four years since its implementation and automakers are increasingly investing in zero-emission and hybrid vehicles, according to the US Trade Representative (USTR)
July 3, 2024
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By Alesha Alkaff
Insights
Fastmarkets battery raw materials market update
Read on as Fastmarkets delves into a monthly market update, focusing on the dynamic and fast-evolving sector of battery raw materials
July 3, 2024
·
By Jon Stibbs
Insights
Rio Tinto to install zero-carbon smelting technology ELYSIS at demonstration plant in Quebec
Rio Tinto will install carbon-free aluminium smelting cells at its Arvida smelter in Quebec, Canada, using the first technology license issued by ELYSIS, the company announced on Friday June 28
July 3, 2024
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By Yasemin Esmen
Insights
Lynas to produce dysprosium, terbium oxide in Malaysia
Australia's Lynas Rare Earths, the largest rare earth product producer outside China, is doubling down on plans to produce separated heavy rare earth products for high-performance magnets in Malaysia, alongside its existing project in the United States, it announced on Thursday June 27
June 27, 2024
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By Caroline Messecar
Insights
BASF to cancel $2.6 billion nickel-cobalt refining project in Indonesia
German chemical producer BASF announced on Monday June 24 that it will exit a $2.6 billion investment in a nickel-cobalt refining project in Weda Bay, Indonesia due to significant changes in the nickel market since the inception of the project
June 26, 2024
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By Sybil Pan
Insights
Using low-carbon steel demand to push steel mills’ decarbonization moves: IIO 2024
A low-carbon world will still need steel that can satisfy the diverse demands of a variety of downstream sectors, Frederik Leus, of ArcelorMittal’s Xcarb Business Development section, said in an address to Fastmarkets’ International Iron Ore and Green Steel Summit, being held in Vienna, Austria, on June 25
June 26, 2024
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By Alice Li
Insights
Rare earth prices stabilize as sellers resist further decreases
China’s magnet rare earth prices were flat in the week to Thursday June 20, with sellers resisting a further price decline amid persisting weak demand, Fastmarkets heard
June 26, 2024
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By the Fastmarkets team, Solomon Cefai
Insights
Aluminium use in China’s NEVs to surge by 2030, but challenges exist
The aluminium market in China was expected to come under massive demand from the new energy vehicle (NEV) sector in the years ahead, but the aluminium industry still faced various challenges in the application of the metal in NEVs, Fastmarkets has learned.
June 25, 2024
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By Ruby Liu
Insights
Interview with Jeremy Weir, CEO of Trafigura | Fast Forward podcast episode 3 transcript
Read the full transcript from episode three of Fast Forward podcast with Andrea Hotter on geopolitics and the energy transition with Trafigura's Jeremy Weir.
June 25, 2024
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Insights
Chinese lithium price weakness persists with CIF CJK stable
Spot lithium prices in China’s domestic market declined over the week to Thursday June 20, due to ongoing weak spot demand from the sluggish downstream battery sector and bearish sentiment, sources told Fastmarkets
June 24, 2024
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By Zihao Li, Grace Asenov
Insights
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