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US select committee recommends creation of critical mineral reserve to protect domestic industry
This recommendation, along with others like promoting domestic battery recycling and research funding for alternative battery chemistries, is part of a larger strategy to enhance US resilience in strategic areas
December 14, 2023
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By Justin Yang, Alexander Cook, Solomon Cefai, Caroline Messecar
Insights
Ionic Rare Earths seeking partners across rare earth supply chain
Australia’s Ionic Rare Earths is seeking investors and offtake partners for its Makuutu heavy rare earth project in Uganda, as well as sources of feedstock for its magnet recycling plant in Northern Ireland, Tim Harrison, the company's chief executive officer, told Fastmarkets in an interview.
December 11, 2023
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By Sofia Okun
Insights
China’s lithium carbonate prices fall below 100,000 yuan per tonne amid futures volatility
Spot lithium prices in China continued on a precipitous downtrend, with battery-grade lithium carbonate prices trending below 100,000 yuan per tonne over the week to Thursday December 7, following increased volatility in the futures market and muted demand
December 8, 2023
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By Zihao Li
Insights
WTO’s dispute body agrees to panel to review EU-Indonesia biodiesel duties
This significant development marks an important step in Indonesia's ongoing efforts to challenge these duties and protect its vital biodiesel industry
December 7, 2023
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By Regina Koh
Insights
FEOC definition leaves most Indonesian nickel outside IRA tax credits | Hotter Commodities
The US Department of Treasury has released its definition of a Foreign Entity of Concern (FEOC) for the purposes of the Inflation Reduction Act (IRA) – and there are big implications for nickel.
December 5, 2023
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By Andrea Hotter
Insights
Western Australia eyes CAM production; state broadens critical minerals strategy | Hotter Commodities
Western Australia (WA), Australia’s largest state, will evaluate the possibility of developing cathode active materials (CAM) production once precursor CAM (pCAM) output is up and running, Bill Johnston, the state’s Minister of Mines and Petroleum, told Fastmarkets
November 29, 2023
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By Andrea Hotter
Insights
US housing starts and permits edge higher in October when compared to September this year
Multifamily housing starts show some sign of life in late 2023, but the overall picture shows a different trend when compared to single-family
November 23, 2023
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By Joe Pruski
Insights
US SAF production capacity falls short of 36 billion gallon 2050 target
Report by the International Council on Clean Transportation suggests only 12.2 billion gallons of SAF would come from biomass sources deemed to be sustainable
November 20, 2023
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By Timothy Worledge
Insights
Market welcomes addition of synthetic graphite to EC’s Critical Raw Materials Act
European producers of synthetic graphite have welcomed the addition of the material into the European Commission’s Critical Raw Materials Act (CRMA) but they stress more needs to be done for the sector to compete with Chinese imports and meet the act’s goals
November 20, 2023
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By the Fastmarkets team, Dalila Ouerghi, Jon Stibbs
Insights
How changing US demographics will affect housing demand
Despite slower population growth and lower household formation rates, there remains a shortfall in the housing market, particularly for starter homes in North America
November 8, 2023
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By Jennifer Coskren
Insights
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