Spodumene prices continue to fall amid weaker demand, lithium chemicals prices

Spodumene concentrate prices have collapsed amid downstream pressure on lithium chemicals prices and weak physical demand for material on a spot basis ahead of the year-end.

11 December 2023 Zihao Li, Callum Perry

Trading sentiment remains bearish in Asian black mass markets

Market participants remain in a largely bearish mood across the Asian black mass markets with the end of the year approaching, amid weak battery metals prices squeezing margins for recyclers.

07 December 2023 Lee Allen

Pilbara Minerals building presence in mid, downstream lithium, CEO says

Pilbara Minerals will start to commission its joint-venture lithium hydroxide facility with Posco Holdings late in the current quarter, and will ramp-up activity through next year, the company’s chief executive officer has said.

07 December 2023 Andrea Hotter

Indonesia looks for global partners in nickel to meet US FEOC requirement

Indonesia has been exploring investment opportunities with global partners that it can access while following the foreign entity of concern (FEOC) guidance issued by the US government on December 1, according to Seto Septian Hario, the country’s deputy minister of investment and mining coordination.

06 December 2023 Yiwen Ju

EC proposes delay to EV tariff along with $3.2 bln support fund

The European Commission has proposed to delay an incoming tariff on battery electric vehicles (BEV) together with a fund of up to €3 billion ($3.2 billion) in subsidies to support the battery supply chain in Europe in a memorandum published on Wednesday December 6.

06 December 2023 Alexander Cook

Amendment to frequency of spodumene spot price assessment: pricing notice

Fastmarkets amends the frequency of its spodumene min 6% Li2O, spot price, cif China from Wednesday December 6.

06 December 2023 Zihao Li

France’s Orano commissions hydromet plant to recycle battery metals from black mass

French nuclear fuel company Orano has become the latest firm to commission a pilot hydrometallurgical project in Europe to recover battery metals from black mass, it announced in the week ended December 1.

05 December 2023 Lee Allen

Low-nickel NCM batteries back in favor to reduce cathode producer costs, encourage end-user demand

Some cathode makers have been switching back to lower-nickel cobalt manganese (NCM) from high-nickel NCM cathodes to reduce costs and encourage consumers amid slowing demand for electric vehicles (EVs), Fastmarkets understands.

04 December 2023 Yiwen Ju, Zihao Li

FEOC definition leaves most Indonesian nickel outside IRA tax credits: Hotter Commodities

The US Department of Treasury has released its definition of a Foreign Entity of Concern (FEOC) for the purposes of the Inflation Reduction Act (IRA) — and there are big implications for nickel.

01 December 2023 Andrea Hotter

Black mass supply outweighs demand in challenging market for sellers

Black mass payables dropped during the week to Wednesday November 29 with insufficient demand for the shredded, sorted lithium-ion battery packs in key buying markets restricting trade.

01 December 2023 Lee Allen