December 2023

Financing for critical minerals projects challenged by equity markets, global macro slowdown: industry leaders

The energy transition drives investment opportunities in critical minerals, but there are challenges to financing projects across supply chains despite regulatory and funding support, industry leaders said in a panel discussion at the Resourcing Tomorrow event held in London on November 28-30.

Limited applications will hamper recycling expansion for antimony: experts

Limited applications for recycled antimony mean the volumes that can be reintroduced will be limited, even if increased demand means there is a supply shortage, according to experts speaking at Fastmarkets' Antimony Insights Day in London on November 27.

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

The Cobalt alloy grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.

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.

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

The Cobalt alloy grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.

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.

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.

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

The Cobalt alloy grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.