July 2021

Sibanye-Stillwater to buy Sandouville nickel facility from Eramet

Precious metals mining company Sibanye-Stillwater is going to buy the Sandouville nickel hydrometallurgical processing facility from French mining group Eramet SA in a move to build on its strategy to diversify into the battery metals supply chain, the company said.

NEW ENERGY MATERIALS MARKET REPORT 30/07: China battery-grade lithium still on uptrend, cobalt flat

An overview of the new energy materials markets and their price moves from the past week.

Talon Metals, USW to work toward 'first carbon-negative' nickel mine

Nickel producer Talon Metals will collaborate with the United Steelworkers trade union (USW) in developing what could be the world’s first carbon-negative mine, the Tamarack Nickel Project in the US state of Minnesota, it announced on Thursday July 29.

GLOBAL LITHIUM WRAP: Asian markets underpinned by firm demand, rising feedstock prices

Lithium prices in China’s domestic market rose sharply in the week ended Thursday July 29 against a backdrop of strong buying interest during the routine monthly restocking cycle, while the seaborne Asian market benefited from the strength exhibited in China.

US carmaker Ford to open new vehicle battery R&D center

US-based carmaker Ford is to open a new center to develop, test and build vehicle battery cells and cell arrays at Romulus, in the US state of Michigan, accelerating the company’s research and development into future battery manufacturing, the company has said.

Rio Tinto commits $2.4 billion to Jadar lithium project

Rio Tinto has committed $2.4 billion to the Jadar lithium-borates project in Serbia, which expects first saleable production in 2026, the company said.

PRICING NOTICE: Proposal to increase frequency of seaborne Asian lithium prices; amend names, specifications of lithium hydroxide prices

Fastmarkets proposes to increase the frequency of two battery-grade seaborne Asian lithium prices to daily from weekly.

IN FIGURES: China’s battery raw materials exports in June 2021

A summary of China’s battery raw materials exports for June 2021.

IN FIGURES: China’s battery raw materials imports in June 2021

A summary of China’s battery raw materials imports for June 2021.

CHINA COBALT SNAPSHOT: Prices stable on quiet trading, market sentiment remains cautious

Key data from the Friday July 23 pricing session in China.