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Market participants in the battery raw materials supply chain will have an increasing need to hedge lithium carbonate to mitigate price risks, and demand for this will soon grow in both Europe and North America
Panelists at an industry conference last month shared their opinions on what is known and unknown about the US government’s Inflation Reduction Act (IRA) and its likely consequences for the global battery raw materials supply chain
Chinese participants are mulling over nickel sulfate exports into neighboring Japan and South Korea, with the main driver the regional price gap between China and these countries, Fastmarkets heard on Tuesday June 27
Increased prices for key battery raw materials such as nickel, cobalt and lithium are continuing to assist demand for shredded nickel cobalt manganese (NCM) lithium-ion batteries
The CME Group will launch a cash-settled lithium carbonate contract that will be settled against Fastmarkets’ assessment for lithium carbonate 99.5% Li2CO3 min, battery grade, spot prices cif China, Japan & Korea
China will extend its tax breaks for the purchase of new energy vehicles (NEVs) between 2024 and 2027
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