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Prices for cobalt metal have witnessed a sustained rally and recovery in recent weeks, after hitting lows at the beginning of the year, even while market participants see challenging conditions on the supply side in the longer term
The Critical Raw Materials Act (CRMA) proposed by the European Commission has been welcomed by stakeholders familiar with the nascent European battery ecosystem as a step toward achieving a sustainable and reliable supply of materials vital to the region’s ambitious energy transition goals
The European Union’s much-anticipated Critical Raw Materials Act, announced on Thursday March 16 by European Commission president Ursula von der Leyen, has set out new lists of the raw materials now formally designated as strategic and critical
Continued tightness of class one supply within Europe and increased buying interest amid falling London Metal Exchange nickel prices and fresh liquidity have prompted an increase in premiums within Europe, while US and Chinese premiums remain steady for now
German carmaker Volkswagen has chosen to establish its first North American battery cell plant in Ontario, Canada, due to the growing importance of the region’s e-mobility market share, it said on Monday March 13
The decline in China’s nickel pig iron (NPI) prices continued for a fourth consecutive week on Friday March 10, with units from Indonesia boosting supplies and prices falling to their lowest levels since September 2, 2022
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