London, February 2 2021 (Press Release) – Euromoney Institutional Investor PLC (“Euromoney”), the international information services provider of essential information to global and specialist markets, announces the acquisition of 100% of The Jacobsen, an agricultural Price Reporting Agency (“PRA”) that predominantly serves the US agricultural commodity markets. The acquisition expands Fastmarkets global presence in agriculture, building on our recent acquisition of AgriCensus in 2020.
As demand for battery raw materials grows, economic conditions and supply constraints are driving prices higher while labor shortages could affect the development of new lithium projects, Fastmarkets heard.
Electric vehicles (EVs) and batteries feature prominently in US President Joe Biden’s $2-trillion plan to rebuild the country’s infrastructure and economy.
China’s government has launched a new energy vehicle (NEV) industry development plan to run from 2021 to 2035 in order to promote and stimulate high-quality, sustainable development of China’s new energy automotive industry, according to an official announcement on Monday November 2.
Given the impetus to grow lithium supply, the industry could learn from mistakes made by oil and gas companies during the United States’ energy independence journey, a Cowen analyst said during Fastmarkets’ Lithium Supply & Markets conference 2021 in Las Vegas.
The UK steel industry is a key focus of the British government’s £1 billion ($1.4 billion) Industrial Decarbonization Strategy, which is intended to create the world’s first low-carbon industrial sector.
Thirty years from now, the global steel industry will likely use more briquetted iron products and scrap and hardly any steelworkers, executives said during the “Steel Industry 2050" panel at Fastmarkets’ 2020 Steel Success Strategies Online conference.
Enabling large-scale expansion of solar power production capacity is a crucial part of the transition to a sustainable future for energy, but its prospects of growth rest on the current and future availability of key minerals and metals.
The latest forecasts from Fastmarkets’ team of analysts are ready to view.
Technology entrepreneur Elon Musk once described the ongoing use of fossil fuels and their generation of a vast carbon footprint as “the dumbest experiment in human history.”
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