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US to end tariff exemption on Chinese graphite anodes
The United States Trade Representative's (USTR) office announced a further extension of all China Section 301 tariff exclusions on 352 Chinese import and 77 pandemic-related categories through June 14, after which, the tariff exclusion for China’s graphite anodes will not be extended, the USTR announced on Friday May 24
May 28, 2024
·
By Sybil Pan
Insights
US interest in black mass increasing: Glencore
Interest in recycling battery raw materials in the US has increased, particularly from the electronics and lithium-ion battery sectors, and due in part to the Inflation Reduction Act (IRA), according to New York-based Glencore trader Mary Schilling.
May 24, 2024
·
By Grace Asenov
Insights
Graphite buyers are willing to pay IRA premium: Westwater Resources
Electric vehicle (EV) battery makers and original equipment manufacturers (OEMs) are willing to pay a premium for Inflation Reduction Act-compliant material, according to a top executive at US-based natural graphite producer and processor Westwater Resources Inc.
May 24, 2024
·
By Grace Asenov
Insights
Record-high copper prices freeze Chinese spot trading
Global copper futures prices are in a frenzy, with record highs being logged on the New York-based Commodity Exchange (Comex), London Metal Exchange and Shanghai Futures Exchange (SHFE) in recent days
May 22, 2024
·
By Sally Zhang
Insights
South Korea building national lithium reserves
The South Korea government has started to build up a national stockpile of lithium reserves through the state-owned Korea Mine Rehabilitation & Mineral Resources Corp (KOMIR), Fastmarkets was told on Tuesday May 21
May 22, 2024
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By Zihao Li
Insights
Rising futures prices drive Chinese battery makers to increase nickel output amid EV slowdown
A host of Chinese battery manufacturers have been increasing their production of electrolytic nickel to reap gains from strong futures prices because the growth in downstream demand for electric vehicles (EVs) is slowing, Fastmarkets heard on Tuesday May 21
May 22, 2024
·
By Yiwen Ju
Insights
US looks to decarbonize aluminium industry, spurred by policy and demand
A surge in recycling capacity in the US aluminium industry is coming in the next few years while for now it continues to meet most of its primary aluminium needs from Canada.
May 22, 2024
·
By Yasemin Esmen
Insights
A roundup of topics from the 30th Cobalt Conference
Fastmarkets rounds up the key discussion points at the 30th annual Cobalt Institute conference in New York, from May 12-14.
May 21, 2024
·
By Alexander Cook, Grace Asenov
Insights
Biden hikes tariffs on Chinese imports; steel, aluminium, electric vehicles among sectors targeted
US President Joe Biden will increase tariffs on Chinese imports including steel and aluminium, electric vehicles, semiconductors and advanced batteries, to counteract China’s “unfair” trading practices, he announced on Tuesday May 14
May 17, 2024
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By Alesha Alkaff
Insights
Copper fabricators reeling from higher copper prices, some request copper cathode shipment postponement
Copper fabricators in China and the wider Southeast Asian region continue to feel the pain of high copper prices on futures exchanges and a lack of new orderbooks, with some having already asked for a postponing of shipments of long-term copper cathodes, sources told Fastmarkets in the week to Wednesday May 15
May 15, 2024
·
By Sally Zhang
Insights
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