November 2021

Lithium market participants seek new ways to price seaborne term contracts amid supply crunch

Lithium market participants across the supply chain are increasingly keen to move away from fixed prices or trade data-linked indices in their long-term contracts for seaborne units and toward a floating pricing mechanism. This comes at a time when the lithium market is estimated to remain at a deficit in 2022, sources said.

Battery sector growth to drive long-term rise in nickel demand, Nornickel says

Demand for nickel from the battery industry is set to more than double in the medium term, according to Nornickel vice president of sales and distribution Anton Berlin.

Lead to still have role as lithium-ion battery growth escalates, Aqua Metals says

Lead-acid batteries (LABs) will continue to coexist with their lithium-ion counterparts for the time being, although growth in the latter will rapidly escalate in the coming years, the president and chief executive officer of Aqua Metals said.

Vulcan Energy signs lithium offtake agreement with Stellantis

Australia-listed lithium start-up Vulcan Energy Resources and carmaker Stellantis signed a binding agreement for the supply of battery chemicals from 2026.

Cobalt benchmark metal prices up; material in tight hands with sellers, soda ash prices up on tight 2022 supply

An overview of the new energy materials markets and their price moves in the week to Friday November 26.

China’s nickel sulfate market quiet amid weak demand

China’s nickel sulfate market was unchanged in the week to Friday November 26 despite high prices for nickel on the London Metals Exchange.

Fastmarkets to launch daily cobalt hydroxide inferred price in 2022

Fastmarkets is to publish a daily cobalt hydroxide inferred price from January 4, 2022.

Seaborne lithium carbonate price exceeds that for lithium hydroxide; US market strengthens on tight supply

The seaborne East Asian battery-grade lithium carbonate price rose in the week to Thursday November 25, with tight supply of spot units and gains in the Chinese market providing the support needed to push it above the price for the equivalent grade of lithium hydroxide.

China to curb pollution by non-ferrous metals sectors, lead battery facilities

China has proposed stricter limits on heavy metal pollution, targeting the non-ferrous raw materials sectors involved in processing, lead-battery manufacturing and galvanizing.

Lithium Americas increases strategic interest in lithium exploration company Arena Minerals

Junior miner Lithium Americas has increased its strategic investment in the exploration-stage lithium company Arena Minerals with operations based in Argentina, it announced on Wednesday November 24.