The world’s largest cobalt producer has cemented its place at the top with the release of a third-quarter financial report highlighting the company has smashed through its full-year production guidance with three months to go.

The Chicago Mercantile Exchange’s cash-settled spodumene concentrate futures contract was traded for the first time on Monday October 28, the day the contract launched.

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.

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.

Imports of cobalt intermediates have continued to rise in China, with January-September volumes already exceeding that of the entire previous year. This excessive inflow has led to an enduring oversupply in the domestic cobalt market, sources have told Fastmarkets

British recycling firm Altilium is building up its operations to a “fully circular” model that will enable the recovery of battery-grade metals from scrap or black mass, a company spokesman told Fastmarkets on Thursday October 10.

Fastmarkets proposes to assess and publish its lithium carbonate 99.5% Li2CO3 min, battery grade, spot price range exw domestic China and lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, battery grade, spot price range exw domestic China assessments on a daily basis, rather than on the previous weekly basis. The proposal follows Fastmarkets’ observation that these […]

Indian engineering and procurement firm Trafalgar announced plans to build India’s first rare earth metals, alloy and magnet plant at the Metal Events 20th International Rare Earths Conference in Washington on Tuesday October 15

General Motors (GM) plans to reduce the price of electric vehicles (EVs) in the United States by expanding the range of battery chemistries it uses to include lithium-iron phosphate (LFP), its vice president of batteries, Kurt Kelty, told an annual investor’s panel on Tuesday October 8

China’s lithium carbonate prices rose over the week to Thursday October 10 following volatility on the futures market, but sentiment was cautious amid ongoing weak fundamentals, sources told Fastmarkets.