September 2021

ENERGY TRANSITION RAW MATERIALS 10/09: Cobalt, lithium prices continue to rise

An overview of the new energy materials markets and their price moves in the week to Friday September 10.

GLOBAL LITHIUM WRAP: Hydroxide prices continue to rally, carbonate plays catch-up

Battery-grade lithium hydroxide prices in Asia accelerated higher in the week ended Thursday September 9, while lithium carbonate prices were left playing catch-up.

Canada’s Li-Cycle to build fourth battery recycling facility

Canada-based Li-Cycle Holdings will build its fourth lithium-ion recycling facility, Spoke 4, in Tuscaloosa in the US state of Alabama, it announced on Wednesday September 8.

Chinese cobalt tetroxide prices rebound on improved downstream demand

Chinese cobalt tetroxide prices moved up on improved demand from downstream consumers in the first half of this week, with most producers raising their offers, sources told Fastmarkets on Wednesday September 8.

COBALT FUTURES SNAPSHOT: Open interest at nearly 2,000 tonnes on CME's cobalt contract

The latest analysis from recent activity on the CME Group’s cobalt metal futures contract, cash-settled against Fastmarkets’ price assessment for cobalt, standard grade, in-whs Rotterdam.

Second lithium trade on CME emerges amid strengthening momentum in Asia

A second lithium trade has been brokered against the CME Group’s cash-settled lithium futures contract, which is settled against Fastmarkets’ assessment of the spot price for battery-grade lithium hydroxide in China, Japan and South Korea.

Nickel Mines acquires 100% interest in Siduarsi nickel-cobalt project

Australian mining company Nickel Mines has acquired 100% of the interest in the Siduarsi nickel-cobalt project in the Papua province of Indonesia, it said in a press release published on Thursday September 2.

Eastern Iron forms strategic partnership for lithium projects with Sichuan Yahua

Australian miner Eastern Iron Ltd has signed a partnership agreement with Yahua International Investment and Development Co. Ltd. to acquire and develop lithium projects, Eastern Iron said on Monday September 6.

China’s cobalt metal prices strengthen amid tight supply, high production cost

Domestic prices for cobalt metal in China have strengthened since mid-August despite weak downstream demand due to tightening supply and high production costs

ENERGY TRANSITION RAW MATERIALS 03/09: Cobalt metal prices rise on flurry of trades, material in tight hands

An overview of the new energy materials markets and their price moves in the week to Friday September 3.