China's cobalt sulfate, tetroxide prices near six-month low, market still under pressure

Producers of cobalt sulfate and cobalt tetroxide in China have been lowering their offers in recent days because buyers are still generally cautious about purchasing these materials, market sources told Fastmarkets.

26 May 2022 Carrie Shi, Zihao Li

China’s Ganfeng Lithium to invest $299 million in battery materials project

Chinese lithium producer Ganfeng Lithium plans to construct a lithium battery materials project with an annual capacity of 50,000 tonnes of lithium carbonate equivalent (LCE), the company said on Thursday May 26.

26 May 2022 Zihao Li

Cobalt metal prices ease amid low liquidity

Cobalt metal prices have dropped to the $40-per-lb mark following persistently thin spot liquidity and hesitance among consumers over the sourcing of fresh raw materials.

25 May 2022 Alexander Cook

Lithium miner Albemarle boosts earnings outlook for 2022 on more contract renegotiations

Global lithium and bromine producer Albemarle announced improved full-year guidance figures for 2022 on Monday May 23, after it renegotiated additional lithium supply contracts, linking them to a variable pricing mechanism.

24 May 2022 Dalila Ouerghi

Seaborne battery-grade lithium prices decline due to low Chinese prices, weak yuan

Key data from Fastmarkets' lithium pricing session in China on Tuesday May 24.

24 May 2022 Zihao Li

Bids hit $5,955/dmt in Pilbara Minerals’ fifth spodumene auction

Bids reached $5,955 per dry metric tonne (dmt) at Australian miner Pilbara Minerals’ fifth auction for spodumene concentrate, held via its Battery Material Exchange (BMX) platform on Tuesday May 24, sources told Fastmarkets.

24 May 2022 Zihao Li

Five key stories from May 23

Here are five Fastmarkets stories you might have missed on Monday May 23 that are worth another look.

23 May 2022 Fastmarkets MB staff

Infrastructure investment needed in DRC to sustain cobalt output, minister says

Large-scale infrastructure investment was needed in the Democratic Republic of Congo (DRC) if the country were to continue to increase its cobalt output and exports, government representatives said at the Cobalt Institute conference in Zurich, Switzerland, last week.

23 May 2022 Davide Ghilotti

International cobalt metal prices soften on lower offers, quiet spot market

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

20 May 2022 Dalila Ouerghi

Plans for future battery passport discussed at Cobalt Conference

Plans for Global Battery Alliance’s Battery Passport, currently in development, were presented at the Cobalt Institute Conference in Zurich, Switzerland, but the plans left some attendees split on the future of certification standards.

20 May 2022 Alexander Cook