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Rising futures prices drive Chinese battery makers to increase nickel output amid EV slowdown
A host of Chinese battery manufacturers have been increasing their production of electrolytic nickel to reap gains from strong futures prices because the growth in downstream demand for electric vehicles (EVs) is slowing, Fastmarkets heard on Tuesday May 21
May 22, 2024
·
By Yiwen Ju
Insights
US looks to decarbonize aluminium industry, spurred by policy and demand
A surge in recycling capacity in the US aluminium industry is coming in the next few years while for now it continues to meet most of its primary aluminium needs from Canada.
May 22, 2024
·
By Yasemin Esmen
Insights
A roundup of topics from the 30th Cobalt Conference
Fastmarkets rounds up the key discussion points at the 30th annual Cobalt Institute conference in New York, from May 12-14.
May 21, 2024
·
By Alexander Cook, Grace Asenov
Insights
Biden hikes tariffs on Chinese imports; steel, aluminium, electric vehicles among sectors targeted
US President Joe Biden will increase tariffs on Chinese imports including steel and aluminium, electric vehicles, semiconductors and advanced batteries, to counteract China’s “unfair” trading practices, he announced on Tuesday May 14
May 17, 2024
·
By Alesha Alkaff
Insights
US exports offshore bounced off historic lows in first quarter
Explore the dynamic shifts in the US lumber export market and discover how global trends are influencing trade flows
May 16, 2024
·
By the Fastmarkets team
Insights
Copper fabricators reeling from higher copper prices, some request copper cathode shipment postponement
Copper fabricators in China and the wider Southeast Asian region continue to feel the pain of high copper prices on futures exchanges and a lack of new orderbooks, with some having already asked for a postponing of shipments of long-term copper cathodes, sources told Fastmarkets in the week to Wednesday May 15
May 15, 2024
·
By Sally Zhang
Insights
US to impose 25% import tariffs on Chinese rare earth magnets in 2026
The US government announced on Tuesday May 14 that new Section 301 import tariffs will be imposed on a wide range of Chinese products and materials, including electric vehicles, steel and aluminium, semiconductors, batteries, solar cells and permanent magnets
May 15, 2024
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By Caroline Messecar
Insights
Graphite remains on European Commission’s CRMA strategic list but ‘resilient’ supply chain still needed
This legislation emphasizes the crucial role of graphite in electrification efforts and highlights the ongoing significance of both natural and synthetic graphite in the EU's green transition journey
May 14, 2024
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By Dalila Ouerghi
Insights
Current US SAF tax credits do not incentivize production, says Aemetis CEO
During Aemetis' quarterly earnings presentation, CEO Eric McAfee highlighted the inadequacies of current US tax credits for Sustainable Aviation Fuel (SAF) and emphasized the need to extend Section 40B.
May 14, 2024
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By Wendy Dulaney
Insights
Standard Lithium enters partnership agreement with energy multinational Equinor
Standard Lithium announced on Wednesday May 8 that it was forming a partnership with the multinational energy company Equinor to accelerate the development of its South West Arkansas and East Texas lithium brine projects in the United States
May 14, 2024
·
By Yasemin Esmen
Insights
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