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China’s preference for lithium iron phosphate (LFP) batteries continued to grow in June, with the country’s output of such batteries rising by 11.64% month on month to 42.2 gigawatt hours (GWh), according to data from China Automotive Battery Innovation Alliance (CABIA)
China’s auto output and sales rose for a second straight month in June, due to central and local government stimulus measures, along with carmakers introducing new models and sales incentives to try and hit their mid-year sales targets
Higher prices for cobalt metal have led to increased interest for assays of lithium cobalt oxide (LCO) black mass in Asia, sources told Fastmarkets on Wednesday July 12
The battery raw materials markets continued to be confused and uncertain because of the requirements about the sourcing of key raw materials set out by the US Inflation Reduction Act (IRA), Fastmarkets heard on Wednesday July 12
More stringent targets for the recycling of batteries are about to enter into force in the European Union (EU) after heads of government who met at the Council of the EU moved to rubber-stamp the bloc’s battery regulation this week
Australian lithium miner Core Lithium will export its second shipment of spodumene concentrate to offtake partner Sichuan Yahua on Wednesday this week, it announced on Tuesday July 11
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