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The drive towards electrification and surge in demand for electric vehicles (EVs) has presented a complex set of challenges for the EV industry. You’ll need Fastmarkets forecasts and insights to help you:
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CMOC expects its growth rate of cobalt supply to gradually ease in the second half of 2024, the company said on August 23. Market participants, however, were divided in their response to the announcement, with some expecting the output reduction to alleviate the current imbalance between supply and demand in parts of the market.
Spodumene prices rose on Wednesday September 11 after reports of a potential production suspension in China’s Jiangxi province drove up lithium carbonate futures prices on China’s Guangzhou Futures Exchange (GFEX).
Read Fastmarkets’ monthly battery raw materials market update for September 2024, focusing on raw materials including lithium, cobalt, nickel, graphite and more
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