September 2021

Albermarle to increase lithium production capacity with acquisition of Chinese lithium converter

US-headquartered lithium producer Albermarle has announced the acquisition of Chinese lithium converter Guangxi Tianyuan New Energy Materials Co to add conversion capacity at its China-based operations, it said on Thursday September 30.

ENERGY TRANSITION: ESG investors should focus on battery electric vehicles, Jefferies says

Environmental, social and governance (ESG) investors should be reducing exposure to plug-in hybrid- and fuel cell-weighted automotive supply chains and focusing instead on battery electric vehicles (BEV), according to a report by Jefferies.

COBALT HYDROXIDE SNAPSHOT: Payables widen upward on persistently tight supply

Key data from the Wednesday September 29 pricing session in London and China.

Millennial, CATL enter into definitive arrangement agreement

Canadian lithium miner Millennial Lithium Corp has entered into a definitive arrangement agreement with Chinese battery maker Contemporary Amperex Technology’s (CATL), the former said on Tuesday September 28.

FOCUS: China’s power cut policy threatens the battery materials supply chain

China's power-cut policy has caused disruption in the battery raw materials supply chain and has brought uncertainty to the price of materials like nickel and cobalt, sources told Fastmarkets.

GLOBAL NICKEL WRAP: US briquette premium hits fresh high on lower supply

The US nickel briquette price hit a new all-time high; premiums in Asia and Europe remain unchanged.

FOCUS: Renewed appetite for cobalt briquettes in China amid tight availability of intermediates

Limited supplies of cobalt hydroxide on the spot market and rising feedstock prices have revived interest in cobalt briquettes among refineries looking to secure near-term supplies of raw materials.

ENERGY TRANSITION: Ford unveils $11.4bln spend on US electric vehicle, battery sites

Automotive manufacturer Ford Motor Co plans to spend $11.4 billion on new production sites in the United States for electric vehicles (EVs) and their batteries as part of its push to bring zero-emission auto production to the country.

PRICING NOTICE: Delayed start date for proposed amendments to lithium pricing frequency, names, specifications

Fastmarkets is planning to delay the starting date of proposed amendments of its lithium price assessments, including the frequency of two battery-grade seaborne Asian lithium prices and amendments to the names and specifications of all its lithium hydroxide prices.

PRICING NOTICE: Amendment of pricing frequency for spodumene assessment

After a one-month consultation that ended on Sunday September 26, Fastmarkets will increase the pricing frequency for its spodumene assessment to fortnightly from monthly on Thursday September 30.