Pig iron import, cfr Gulf of Mexico, US, $/tonne

The Vancouver, Canada-based Lithium Americas (LAC) entered into a new $625-million investment agreement with the US automaker General Motors (GM) for establishing a joint venture to fund, develop, construct and operate LAC’s Thacker Pass lithium mine, the company announced on Wednesday October 16.

The outlook for global steel demand for the remainder of 2024 has turned increasingly gloomy for developing economies, according to the World Steel Association (Worldsteel), but 2025 looks more positive for much of the world’s steel industry due in part to the expected stabilization of China’s real estate sector

Northern Graphite and Rain Carbon have partnered to produce natural graphite-based battery anode material (BAM) for lithium-ion batteries for electric vehicles (EVs), with commercial availability expected by 2027, Northern Graphite CEO Hugues Jacquemin told Fastmarkets.