Battery recyclers Ecobat, Huayou Cobalt and SungEel HiTech are planning large capacity additions in Europe despite continued industry headwinds, Fastmarkets heard at the GDMMC conference in The Hague on November 25-26.

Li-Cycle has successfully closed on an upsized loan from the US Department of Energy (DOE) to support the development of the its Rochester Hub Project, the company announced alongside its third-quarter earnings report on Thursday November 7.

The United States Department of Energy (DOE) announced on Thursday October 31 a further $44.8 million in funding from the Bipartisan Infrastructure Law (BIL) for eight projects to lower the costs of recycling electric vehicle (EV) batteries and EV battery components to ultimately decrease overall EV costs.

A new Chinese state-owned enterprise (SOE) called China Resources Recycling Group (CRRG) has been established to build a national platform for recycling and reusing resources, according to an announcement from Chinese officials on October 18. While details of the company's specific plans remain scarce, market participants remain concerned about weak market fundamentals, sources 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.

The aluminium producer Hydro has been focusing its research and development (R&D) efforts in the US on increasing its recycling-based extrusion ingot production, Hydro Aluminium Metals USA president Duncan Pitchford told Fastmarkets.

California could soon enact legislation that would make electric vehicle (EV) battery producers responsible for ensuring end-of-life management and recycling of their batteries after Senate Bill (SB) 615 was approved by the Assembly Committee on Appropriations, clearing the way for a floor vote.

In the week leading up to August 15, prices for old corrugated container (OCC) imports into Southeast Asia and Taiwan varied, leading to reduced demand and lower prices for US OCC in the region.

US scrap battery volumes are expected to soar over the next decade, precipitated by increased electrification and decarbonization efforts, according to estimates from Fastmarkets’ research team

As copper prices reach record highs and analysts warn of 'unsustainable deficits', we explore the key trends shaping the copper market