November 2021

Lithium prices continue to strengthen

An overview of the consumer electronics markets and their latest price moves on Wednesday November 24.

Titanium markets extend steady trend despite busier trading

Key data from Fastmarkets’ pricing session in Europe on Wednesday November 24

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

The Cobalt alloy grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.

Trade log: Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets’ standard-grade cobalt price (low-end)

The Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets’ standard-grade cobalt price (low-end) trade log including business, bids and offers reported to Fastmarkets.

Trade log: Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne

The Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne trade log including business, bids and offers reported to Fastmarkets.

Canada's FQM starts production at Shoemaker-Levy deposit at Ravensthorpe nickel-cobalt mine

First Quantum Minerals (FQM) has officially begun production at the Shoemaker-Levy deposit at its Ravensthorpe nickel-cobalt mine in Western Australia, according to state mines and petroleum minister Bill Johnson.

Johnson Matthey posts loss in first half of 2021 following battery materials exit

Johnson Matthey announced a loss in the first half of 2021 due to lower operating profits and a £314 million ($420 million) impairment of its battery metal interests.

Why are Chinese cobalt prices struggling to keep pace with uptrend in international benchmark metal price?

Though the international benchmark cobalt metal price has been on a steady uptrend in recent months, cobalt metal and sulfate prices in China have struggled to keep up due to sluggish downstream demand – a factor which participants expect will keep the Chinese market under pressure in the near term.

Five key stories from November 23

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