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California to vote on bill to hold EV battery producers accountable for end-of-life management, recycling
California could soon enact legislation that would make electric vehicle (EV) battery producers responsible for ensuring end-of-life management and recycling of their batteries after Senate Bill (SB) 615 was approved by the Assembly Committee on Appropriations, clearing the way for a floor vote.
August 27, 2024
·
By Kirstyn Petras
Insights
Canada to impose 100% tariff on EV imports from China
Canada will impose 100% tariff on imports of China-made electric vehicles (EVs) starting October 1, Prime Minister Justin Trudeau said on Monday August 26. The country is also imposing a 25% tariff on steel and aluminium imports from China starting October 15.
August 27, 2024
·
By Nina Hu
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
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
When will green steel take off in the US?
Green steel premiums in the US are off to a slow start, compared to the figures mills are collecting in Europe and Asia
August 12, 2024
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By the Fastmarkets team
Insights
MENA steel suppliers well positioned to grab bigger share of EU market during green transition
Suppliers from the Middle East & North Africa (MENA) widely expect to gain market share in the European flat steel market in the coming years as a result of the EU's Carbon Border Adjustment Mechanism (CBAM) and an anti-dumping probe again Asian suppliers, sources told Fastmarkets on Thursday August 8.
August 9, 2024
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By Julia Bolotova, Serife Durmus, the Fastmarkets team
Insights
Australian mining’s ESG conundrum
Amid the rising focus on environmental, social and governance (ESG) performance, the Australian mining industry faces a conundrum: maintain production at competitive levels or promote rigorous ESG standards
August 8, 2024
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By Callum Perry, Solomon Cefai, Alice Li, Laura Roberts
Insights
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