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Following the rise in production and adoption of electric vehicles (EVs) globally, the demand for battery materials is soaring. As some supply chains struggle to keep up, market participants are looking for strategic partnerships to create a more secure supply chain. With Fastmarkets forecasts and insights, you’ll get the help you need to:
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China’s cobalt metal prices rose in the second half of the week to Friday February 3 due to the strength in local futures prices, but market sentiment remained bearish due to sustained weak demand, sources told Fastmarkets
Glencore achieved a 40% year-on-year increase in cobalt output during 2022 to a total of 43,800 tonnes, the company said in its annual production report published on Wednesday February 1
General Motors (GM) is investing $650 million to develop the Thacker Pass mine in Nevada, the largest known source of lithium in the US and the third largest in the world
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