October 2021

ENERGY TRANSITION RAW MATERIALS 29/10: Spodumene spot prices continue rally, soda ash prices surge

An overview of the new energy materials markets and their price moves in the week to Friday October 29.

China’s nickel sulfate price steady; market sentiment cautious

China’s nickel sulfate price was unchanged in the week to Friday October 29, with minimal spot trading activity reported during the pricing period due to the weaker demand in the downstream precursor ternary market, Fastmarkets heard.

GLOBAL LITHIUM WRAP: Asian prices strengthen on supply concerns

Battery-grade lithium prices in Asia nudged higher over the week to Thursday October 28 on lingering tightness in supply, costlier feedstock and monthly restocking among buyers.

AT A GLANCE: Terrafame Q3 net sales up 24%, nickel output up 40%

A summary of production figures and financial results from Finnish metal producer Terrafame for the third quarter of 2021, as stated in its earnings report released on Thursday October 28.

INTERVIEW: Finance no longer a bottleneck to expansion plans, Greatpower Nickel & Cobalt president says

Consolidating its position in the battery materials supply chain amid fierce competition is the biggest challenge facing Greatpower Nickel & Cobalt Materials Co, company president Dongqiang Cao told Fastmarkets in an interview.

PRICING NOTICE: Conclusion of Fastmarkets’ consultation on daily seaborne Asia lithium pricing

From Wednesday December 1, Fastmarkets will publish its seaborne Asia battery-grade lithium carbonate and hydroxide assessments on a daily basis.

GLOBAL NICKEL WRAP: US briquette premium hits new high; Chinese premiums up too

The nickel briquette premium in the United States surged by 10% this week amid supply tightness while those in China also rallied amid a favorable arbitrage.

International cobalt metal prices up on aggressive offers; long-term contract negotiations continue on improved demand outlook

International cobalt spot metal prices have trended upward since the beginning of September, with sellers keeping the material in tight hands and offering aggressively, sources said.

Sibanye-Stillwater buys Brazilian nickel, copper firms from Appian Capital

Miner Sibanye-Stillwater has acquired Brazilian companies Atlantic Nickel and Mineração Vale Verde (MVV) from Appian Capital Advisory LLP for $1 billion and an additional royalty, the companies have said.

Lygend Mining starts trial of second MHP nickel autoclave in Indonesian project

Chinese nickel products producer Lygend Mining has started trialing its second autoclave for mixed hydroxide precipitate (MHP) at its Halmahera Persada Lygend (HPAL) project in Indonesia, it said on Sunday October 24.