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The Strait of Hormuz, through which roughly 20% of global oil and liquefied natural gas (LNG) flows, has been closed for three months since US-Israeli strikes on Iran began on February 28, driving up energy costs and putting Europe's aluminium sector under pressure.
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Latest news and market analysis

In the latest episode of Fast Forward, Fastmarkets’ Andrea Hotter speaks to senior figures across government and industry, including the US Department of Energy, Rio Tinto and Lockheed Martin, to unpack how critical minerals and battery materials are being reshaped by shifting demand, policy priorities and national security concerns.

In this episode of Fast Forward, Andrea Hotter reports from the Fastmarkets Global Lithium, Battery and Critical Materials Conference in Las Vegas, exploring how the sector is shifting from an EV‑led growth story to a broader ecosystem spanning energy storage, AI and national security.

US animal fats and oils markets remained under pressure on Thursday June 25, though the pace of declines began to moderate after nearly two weeks of broad-based selling driven by improving feedstock availability, incoming imports and weaker soybean oil values.

Prices for European category 3 animal fats moved in an uptrend during the week ending Thursday June 25, mainly amid seasonality despite weaker buying interest reported by sources.

The UK government has launched a call for evidence on the future availability of sustainable aviation fuel (SAF), seeking industry views on whether supplies of advanced fuels will be sufficient to meet increasingly ambitious mandate targets later this decade.

The tungsten market was changing, Fastmarkets heard in the week to Wednesday June 24, and in a trading environment that was becoming less globalized and more fragmented, alongside trade tensions between the US and China in particular, the relationship between prices within China and outside the country has shifted.

Your definitive podcast for the critical minerals and battery raw materials markets

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