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March 2020
27 March 2020
The Chinese domestic spot battery-grade lithium hydroxide price fell by 3.7% on Thursday March 26 after nearly four months' stability, while markets in the rest of the world were subdued due to the spread of the Covid-19 virus.
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27 March 2020
The publication of Fastmarkets’ lithium global contract and spodumene price assessments for March 25 were delayed because of an error in the peer review process.
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26 March 2020
Trade log for battery-grade lithium carbonate in China including trades, bids and offers reported to Fastmarkets.
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26 March 2020
Australian exploration company Infinity Lithium has signed a memorandum of understanding (MoU) for a multi-staged investment and assistance package to secure funding for its San Jose lithium project in Spain.
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25 March 2020
Australian lithium spodumene concentrate producer Pilbara Minerals said on Wednesday March 25 that it has secured a five-year offtake agreement to supply spodumene concentrate from its Pilgangoora lithium-tantalum project in Western Australia to Chinese lithium manufacturer Yibin Tianyi.
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24 March 2020
The spread of the novel coronavirus (2019-nCoV) is causing disruption to immediate supply chains and future demand forecasts across the technology and consumer electronics sector.
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24 March 2020
Major lithium producer Tianqi Lithium Corp has postponed the commissioning of the first phase of its battery-grade lithium hydroxide processing plant in Kwinana, Western Australia, due to rising liquidity issues following the outbreak of the novel coronavirus (2019-nCoV).
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23 March 2020
Argentina’s lithium brine industry have announced that they will suspend their on-site project works until the end of March after the Argentinian government imposed a nationwide lockdown to stem the spread of the novel coronavirus (2019-nCoV) in the country.
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20 March 2020
The Chinese domestic spot battery-grade lithium carbonate price fell by 2.1% on Thursday March 19 hitting a new low, with more European carmakers closing production due to the spread of the coronavirus (2019-nCoV) and market participants feeling increasing pressure on the whole market.
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19 March 2020
The plummeting of share prices among companies in the battery supply chain due to the 2019-nCoV coronavirus pandemic is reversing the gains achieved after China’s announcement of its policy on electric-vehicle subsidies, indicating weak sentiment toward the market.
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16 March 2020
Galaxy Resources expects to meet its production target of around 14,000-17,000 dry metric tonnes (dtm) of lithium concentrate for the first quarter of 2020 at its Western Australia spodumene project, Mt Cattlin, following the resumption of activities there in February.
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13 March 2020
The Chinese domestic spot battery-grade lithium carbonate prices stabilized temporarily on Thursday March 12 after a slight decrease last week. Market in other regions outside of China remained flat with market participants worrying about economy slowdown due to the spread of nCov-2019 (coronavirus) globally.
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12 March 2020
Global trade is being slowed down by the sluggish recovery of China’s logistics sector, with a build-up of containers at the country’s ports creating problems around the world.
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12 March 2020
The United Kingdom government revealed plans to invest over £1 billion ($1.3 billion) on green transport, including £500 million for electric vehicle (EV) charging infrastructure over the next five years, in its 2020 budget announcement on Wednesday March 11.
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12 March 2020
The output and sales of new energy vehicles (NEVs) in China fell by over 75% year on year in February 2020 due to the suspension of operations during the peak of the novel coronavirus (2019-nCoV).
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11 March 2020
Australian lithium miner Argosy Minerals has announced that it will ship a 5-tonne trial cargo of high quality >99.5% lithium carbonate to Japan’s Mitsubishi Corp RtM by the end of March.
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10 March 2020
Beijing has taken measures to resuscitate its sluggish logistics sector by cutting port fees in a bid to encourage businesses to increase their import and export activities.
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06 March 2020
The battery-grade lithium carbonate price in China broke its steady streak in the week to Thursday March 5 after producers cut offers to meet cash flow needs, while European and US battery-grade prices fell by over 4% week on week.
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05 March 2020
Fastmarkets proposes to discontinue the separate publication of midpoints for its price assessments for technical, industrial and battery grades of lithium carbonate and lithium hydroxide in Asia.
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04 March 2020
Chilean lithium producer Sociedad Quimica y Minera de Chile (SQM) warned of the likely negative consequences of the coronavirus outbreak on lithium pricing and sales in China in the first quarter of 2020, while reporting falls in both revenue and profits in 2019 due to weak demand.
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02 March 2020
The China Council for the Promotion of International Trade (CCPIT) has issued 1,615 force majeure certificates to businesses in China affected by the novel coronavirus (2019-nCOV) outbreak.
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February 2020
28 February 2020
The novel coronavirus (2019-nCoV) is set to accelerate what the trade wars started: the diversification of global supply chains.
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28 February 2020
Battery-grade lithium prices were unchanged in Asia, Europe and the United States in the week to Thursday February 27, with market participants continuing to track the spread of the novel coronavirus (2019-nCov) in South Korea and Europe although both regions are yet to see a great impact on prices, sources said.
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27 February 2020
Trade log for battery-grade lithium carbonate in China including trades, bids and offers reported to Fastmarkets.
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26 February 2020
North American Lithium producer Livent has announced a slowdown of its planned capacity expansion project in Argentina.
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24 February 2020
Australian producer Galaxy raised production of lithium spodumene in 2019, but sales declined due to lower-than-expected demand in China.
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21 February 2020
China’s lithium prices held steady in the week to February 21, while a lack of downstream buying slowed spot market liquidity, domestic logistics resumed gradually and delays remained to be seen, sources said.
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19 February 2020
Australia-based lithium miner Orocobre has agreed to acquire Advantage Lithium to consolidate its position as a leading producer in Argentina.
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17 February 2020
China’s output and sales of new energy vehicles (NEVs) fell by more than 50% year on year in January 2020.
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14 February 2020
China’s battery-grade lithium hydroxide price was supported at current levels this week after some producers announced plans to increase prices to cover higher transport and production costs resulting from containment policies for the novel coronavirus (2019-nCoV) in China.
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13 February 2020
Chinese producer Ganfeng plans to increase its battery-grade lithium hydroxide prices by no more than 10% due to higher transportation fees and production costs resulting from the novel coronavirus (2019-nCoV) in China, it said on Thursday February 13.
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10 February 2020
China’s Ganfeng Lithium will pay $16 million to increase its stake to 51% in the Caucharí -Olaroz lithium project in northern Argentina, which is a joint venture with Lithium Americas.
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07 February 2020
China’s domestic spot lithium market remained quiet this week due to most market participants staying off work on government advice to suspend business operations during the novel coronavirus in China, while the European market was not yet disrupted due to sufficient inventories.
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04 February 2020
The British government has brought forward a ban on the sale of internal combustion engine cars in a move which will boost demand for battery materials, including lithium.
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03 February 2020
Lithium prices will remain under pressure for the first half of 2020, Australian miner Orocobre said, reporting a nearly 50% drop in its lithium carbonate prices.
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03 February 2020
View the Fastmarkets holiday pricing schedule for 2020 and 2021.