November 2021

Canada's FQM starts production at Shoemaker-Levy deposit at Ravensthorpe nickel-cobalt mine

First Quantum Minerals (FQM) has officially begun production at the Shoemaker-Levy deposit at its Ravensthorpe nickel-cobalt mine in Western Australia, according to state mines and petroleum minister Bill Johnson.

Johnson Matthey posts loss in first half of 2021 following battery materials exit

Johnson Matthey announced a loss in the first half of 2021 due to lower operating profits and a £314 million ($420 million) impairment of its battery metal interests.

Why are Chinese cobalt prices struggling to keep pace with uptrend in international benchmark metal price?

Though the international benchmark cobalt metal price has been on a steady uptrend in recent months, cobalt metal and sulfate prices in China have struggled to keep up due to sluggish downstream demand – a factor which participants expect will keep the Chinese market under pressure in the near term.

China’s battery raw materials imports in October 2021

A summary of China’s battery raw materials imports for October 2021, from the latest Chinese customs data

China’s battery raw materials exports in October 2021

A summary of China’s battery raw materials exports for October 2021, according to the latest Chinese customs data.

Fastmarkets proposes to change pricing holiday schedule for cobalt hydroxide payable indicator

Fastmarkets is proposing to change the pricing holiday schedule for its cobalt hydroxide payable indicator.

EV maker Rivian's stock price in reverse after record IPO

A 28.34% drop in the stock value of Rivian Automotive Inc only a week after its record-setting initial public offering (IPO) was not surprising, Fastmarkets’ sources said on Monday November 22, while remaining bullish about electric vehicles generally.

Vulcan Energy tweaks offtake agreement with Renault

Australia-listed lithium start up Vulcan Energy Resources and car manufacturer Renault signed a binding offtake agreement for lithium, securing lower volumes than initially discussed, according to the companies’ statement on Monday November 22.

Vanadium prices up in latest deals, European manganese flake prices down as supply improves

An overview of the new energy materials markets and their price moves in the week to Friday November 19.

China drawing up new standards for lithium-ion batteries, pushes recycling

China's Ministry of Industry & Information Technology (MIIT) is conducting a public consultation on its proposed standards of the lithium-ion battery industry.