Jingtai Lun

Nov 21, 2024 | fastmarkets.com | Jingtai Lun

Fastmarkets increased the frequency of the price assessment to daily on August 7, from twice weekly previously, to provide greater clarity for the market. The publication time is daily by 4pm, London time. You can find the updated methodology for the aluminium P1020A (MJP) spot premium here: https://www.fastmarkets.com/methodology. To provide feedback on this clarification of the price methodology, please contact Chay Chye Leng by email at: [email protected].

Nov 19, 2024 | fastmarkets.com | Zihao Li |Jingtai Lun

The wider gap between the lithium carbonate and lithium hydroxide prices has increased conversion from hydroxide to carbonate, but that has, in turn, tightened hydroxide supplies and pushed up prices. Lithium carbonate prices were 15,700 yuan per tonne higher than lithium hydroxide as of Thursday, November 14 – a calculation based on Fastmarkets’ latest weekly price assessments for battery-grade lithium salts.

Jun 19, 2023 | fastmarkets.com | Jingtai Lun

Major battery and electric vehicle (EV) producer, China-based Build Your Dream (BYD), on June 8 announced to form a joint venture with small-sized car producer Huaihai and build sodium battery production hub in Xuzhou city, Jiangsu province. Both partners are aiming to building the operation to be the world’s largest sodium electric system supplier for mini vehicles.

May 22, 2023 | fastmarkets.com | Carrie Shi |Yiwen Ju |Zihao Li |Jingtai Lun

The move was taken after the country registered a surge in EV demand unseen elsewhere in the world in 2022, driven by rapid penetration growth in first and second-tier cities.

May 4, 2023 | fastmarkets.com | Jingtai Lun

Albemarle has adjusted its projection of lithium demand to 3.7 million tonnes LCE in 2030, 15% higher from its previous forecast on stronger electric vehicle (EV) demand. This, coupled with the time span of more than 10 years for developing lithium mining projects, would leave an undersupply of 500,000 tonnes LCE by the same year.