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Imports of Russian cobalt into the US are to face an increased tariff of 45%, which will come into effect after President Biden signs a bill passed by US Senate overnight to suspend normal trade relations with Russia and Belarus
An industry expert has warned that in the next ten years demand for high-purity manganese is likely to exceed supply unless more attention is paid to the battery-grade metal
Get your copy of the Fastmarkets’ BRM risk matrix to understand the ten greatest risks to the battery raw materials market and global EV growth
Availability concerns on certain materials and in specific regions have been supporting the emergence of a premium for alloy-grade cobalt against standard-grade material, compounded by the backdrop of the Russia-Ukraine war and its potential effect on flows of Russian cobalt
A bullish long-term outlook for lithium has resource-rich Argentina looking to incentivize bringing more projects into the country over the next three years to meet soaring global demand for the battery raw material
A ruling by a court in the Democratic Republic of Congo (DRC) placing a temporary administrator in charge of China Molybdenum’s cobalt mine in the country could have significant implications for the cobalt hydroxide market, sources have told Fastmarkets
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