June 2019

BATTERY RAW MATERIALS MARKET REPORT 07/06: Cobalt prices continue slide amid weak buying activity

An overview of the battery raw materials markets and their latest price moves.

GLOBAL LITHIUM WRAP: China’s battery-grade carbonate price falls on slow buying activity ahead of Dragon Boat Festival

The price in China’s domestic market for battery-grade lithium carbonate moved down week on week on slow demand because of the forthcoming Dragon Boat Festival on June 7-9; prices in the rest of the world were stable.

INTL NICKEL CONF: Indonesia betting on EV battery boom with HPAL production, Macquarie says

Indonesia will continue to ramp up its production of refined nickel in anticipation of demand for material to be used in electric vehicle (EV) batteries, senior Macquarie consultant Jim Lennon told delegates at the 7th International Nickel Conference in Amsterdam on Thursday June 6.

INTL NICKEL CONF: Potential 2030 ban on ICEs could drive 80% nickel share of EV battery market – LMC Automotive

A potential global ban on internal combustion engines (ICEs) by 2030 could facilitate a growth in nickel’s share of the electric vehicle battery market to 80%, Al Bedwell of automotive intelligence provider LMC Automotive said at the 7th International Nickel Conference on Thursday June 6.

INTL NICKEL CONF: EV experts tell nickel market to invest now or regret later

Participants in the nickel market should invest in production for electric vehicle (EV) batteries soon or eventually they will regret not doing so, according to EV sector experts speaking at Fastmarkets' 7th International Nickel Conference in Amsterdam on Wednesday June 5.

CHINA COBALT SNAPSHOT: Downtrend in cobalt sulfate market pauses but price remains vulnerable amid weak sentiment

Key data from the Wednesday June 5 pricing session in China.

PRICING NOTICE: Proposal to amend specification of cobalt hydroxide payable indicator

Fastmarkets proposes changes to the specification of its cobalt hydroxide payable indicator.

COBALT MONTHLY REVIEW – MAY: Benchmark price starts retreat on slow consumer demand, profit-taking; cobalt hydroxide payables under pressure

After briefly stabilizing at a recent high of $16.35-17.05 per lb following a rise since late March, the standard-grade cobalt benchmark price started to retreat in mid-May amid slowing consumer demand and sellers’ profit-taking.

Trade log May 2019: Cobalt sulfate

Trade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets MB.