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July 2021
30 July 2021
Bids reached as high as $1,250 per dry metric tonne (dmt) during Pilbara Minerals’ inaugural spodumene concentrate auction held via its Battery Material Exchange (BMX) platform on Thursday July 29, the Australian miner announced on the same day.
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29 July 2021
A summary of Australian spodumene concentrate miner Pilbara Minerals’ results for the June quarter of 2021, released on Wednesday July 28.
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28 July 2021
Dawei Li was appointed vice president for Asia by Canadian battery recycler Li-Cycle on Tuesday July 27, with immediate effect, Fastmarkets has heard.
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28 July 2021
Rio Tinto has committed $2.4 billion to the Jadar lithium-borates project in Serbia, which expects first saleable production in 2026, the company said.
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27 July 2021
Fastmarkets proposes to increase the frequency of two battery-grade seaborne Asian lithium prices to daily from weekly.
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27 July 2021
More than three-quarters of the effort to reduce carbon emissions to net-zero by 2050 will have to be made by the power sector and through faster adoption of wind and solar options, according to the New Energy Outlook 2021 report published last week by research consultancy BloombergNEF.
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27 July 2021
Canada-based supplier First Cobalt has extracted nickel, cobalt, copper, manganese, lithium and graphite from a “black mass” product recovered from recycled batteries, the company said on Thursday July 22.
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26 July 2021
A United States federal judge ruled that a Canadian miner Lithium Americas may conduct excavations at its Thacker Pass lithium mine site in Nevada, USA, despite environmentalists’ request to pause operations.
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20 July 2021
German industrial giant Siemens plans to build “one of Europe’s largest energy storage facilities” at Wunsiedel in eastern Germany, it announced on Monday July 19.
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19 July 2021
Australia-listed Vulcan Energy has signed a binding offtake agreement to supply South Korea's LG Energy Solution (LGES) with battery grade lithium hydroxide from it's 'zero carbon' facility in Germany, the producer said on Monday July 19.
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16 July 2021
Lithium prices in Asia were broadly firm in the week ended Thursday July 15, with technical-grade lithium carbonate outperforming other grades amid good restocking appetite among traders
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14 July 2021
The London Metal Exchange will launch a new lithium futures contract on Monday July 19, settled against Fastmarkets’ assessment for battery-grade lithium hydroxide. The contract will help cater to a growing need among original equipment manufacturers (OEMs), improving risk management across the supply chain, experts said.
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13 July 2021
Junior miner Lithium Americas has joined Chinese major Ganfeng Lithium in investing in Arena Minerals, an exploration-stage lithium brine company, it said on Monday July 12.
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13 July 2021
Chinese automobile production and sales continued to decline in June - both month on month and year on year - amid a sustained global shortage of semiconductors, the China Association of Automobile Manufacturers (CAAM) said last week.
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09 July 2021
A summary of Australian lithium miner Orocobre’s results for the second quarter of 2021, released on Friday, July 9.
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06 July 2021
Global recycling company TES plans to build its first lithium-ion battery recycling plant at the Port of Rotterdam in the Netherlands, according to a joint statement made on Monday July 5.
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02 July 2021
China’s Wuxi Stainless Steel Exchange will launch trading of its new battery-grade lithium carbonate contract on Monday July 5. The contract will be the first of its kind to be launched by a Chinese exchange for the battery raw material, the exchange has announced.
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02 July 2021
The global battery-grade lithium complex was steady over the week ended Thursday July 1, with market participants broadly optimistic about lithium hydroxide price momentum and citing tight feedstock availability.
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02 July 2021
The price of technical-grade lithium carbonate in China rose for the second time since mid-June this week, amid active trader restocking, thereby improving sentiment in the battery-grade chemicals market, sources told Fastmarkets.
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01 July 2021
Japanese carmaker Nissan and Envision AESC, the battery arm of Shanghai-based green tech company Envision Group, will invest £1 billion ($1.38 billion) to create a new energy hub in the north-east of England.
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June 2021
29 June 2021
UK-based mineral processing company Green Lithium has secured £1.6 million ($2.22 million) in seed-round funding to advance its plans to build and operate the first large-scale lithium refinery in the country, it said on Monday June 28.
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29 June 2021
Lithium carbonate chemical prices must remain in excess of $10 per kg to stimulate the creation of new capacity to match the exponentially growing demand, Wei Xiong, vice president of China’s General Lithium, has said.
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29 June 2021
Australia-listed Infinity Lithium Corp has entered into a non-binding memorandum of understanding (MOU) for the long-term supply of battery-grade lithium hydroxide with South Korean lithium-ion battery manufacturer LG Energy Solution, the Australian company said on Monday June 28.
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25 June 2021
Persistent tight supply continues to underpin lithium prices in Asia, as well as in Europe and the United States over the week ended Thursday June 24.
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25 June 2021
Pilbara Minerals’ board has approved a staged restart at the Ngungaju lithium project, set for the December quarter of 2021, the company announced on Friday June 25.
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23 June 2021
Swedish battery maker Northvolt and automotive manufacturer Volvo Car Group plan to set up a gigafactory in Europe for the development of sustainable batteries to power the next generation of Volvo’s electric fleet, they said on Monday June 21.
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23 June 2021
Australia-listed IGO Ltd is one step closer to forming a joint venture with Chinese lithium producer Tianqi Lithium after key regulatory requirements for the internal restructuring of the Australasian arm of the latter to proceed have been satisfied, IGO said on Tuesday June 22.
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21 June 2021
With demand for lithium set to increase exponentially in the medium term, due to the growing uptake of electric vehicles (EVs) worldwide, companies along the lithium supply chains continue to announce plans for responsible extraction of the battery raw material.
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18 June 2021
The global lithium hydroxide complex extended its firm tone over the week ended Thursday June 17 against a backdrop of persistent supply constraints and optimism for growing demand.
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18 June 2021
Chinese output of lithium iron phosphate (LFP) batteries surpassed that of nickel-cobalt-manganese (NCM) lithium-ion batteries in May, data from the China Association of Automobile Manufacturers (CAAM) shows.
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17 June 2021
Volkswagen Group is seeking partnerships with battery raw material producers in order to vertically integrate and achieve security of supply and competitive prices for its minerals needs, a spokesperson for the German automaker told Fastmarkets on Thursday June 17.
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16 June 2021
Chinese automotive production and sales figures both fell on a monthly and annual basis, although figures for new energy vehicles still increased, according to the data from the China Association of Automobile Manufacturers (CAAM).
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16 June 2021
Junior miner Lithium Americas is on track to begin construction of its Thacker Pass project in the United States in early 2022, chief executive officer and president Jonathan Evans told Fastmarkets on Tuesday June 15.
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16 June 2021
The gap between lithium spot and contract prices have narrowed significantly in 2021, which is the result of tight availability along the lithium supply chain and price evolution, market sources said.
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15 June 2021
China lithium producer Ganfeng Lithium is acquiring a 50% stake in a special purpose company that owns the Goulamina hard-rock mine in Mali for $130 million, the company said on Tuesday June 15.
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11 June 2021
China’s Ganfeng Lithium has been authorized by the Chinese Securities Regulatory Commission to issue around 48 million new shares overseas, the company said in a filing on Friday June 11.
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11 June 2021
Lithium prices were steady around the world in the week ended Thursday June 10, with both Asian, European and United States markets underpinned by tight availability.
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09 June 2021
Swedish battery maker Northvolt has announced the signing of a $2.75 billion private placement to expandthe capacity of its gigafactory in the country, Northvolt Ett, to 60GWh from 40GWh to meet increased customers’ demand, it said on Wednesday June 9.
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09 June 2021
China's Ganfeng Lithium will set up a joint venture to invest in and construct a lithium project with an annual output 50,000 tonnes of lithium salts in Fengcheng city, Jiangxi province, it said on Wednesday June 9.
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08 June 2021
The United States government has published a sweeping review of US supply chains, proposing measures to increase domestic production of a number of key minerals and products. These measures include a proposed tariff on neodymium magnet imports.
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04 June 2021
German-based carmaker Volkswagen Group is mulling the possibility of launching an initial public offering (IPO) for its new battery division, a spokesperson for the company confirmed to Fastmarkets.
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04 June 2021
Battery-grade lithium hydroxide prices in Asia moved up over the week ended Thursday June 3 against the backdrop of continued tight supply and firm buying appetite.
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04 June 2021
Australian spodumene producer Galaxy Resources has increased its full year production guidance for 2021 to 195,000-210,000 dry metric tonnes (dmt) of spodumene concentrate in response to strong demand, it said on Wednesday June 2.
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04 June 2021
Belgian metals and battery materials company Umicore plans to reach net zero greenhouse gas emissions by 2035, it said in a webinar on Wednesday June 2.