Category: Market
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Lithium-Ion Battery Prices Fall Sharply in 2024 Amid Overcapacity and Market Slowdown
Lithium-ion battery prices hit a record low of $115/kWh in 2024, driven by raw material oversupply, weaker EV demand, and…
Stellantis and CATL Join Forces for Major EV Battery Plant in Spain
Stellantis partners with CATL to build a sustainable EV battery factory in Zaragoza, Spain, supporting Europe’s green…
Crude Oil Prices Face Pressure from Weak Demand and Geopolitical Concerns
Crude oil prices dropped due to disappointing trade data from China, signaling weak demand. The market was impacted…
Australia Expands Investment in Iluka Resources’ Eneabba Rare Earths Refinery Project
The Australian government has committed an additional A$400 million to Iluka Resources’ Eneabba rare earths refinery….
Energy Fuels Partners with Madagascar Government to Advance Toliara Critical Mineral Project
Energy Fuels and Madagascar signed an MOU to restart the Toliara Project, targeting titanium, zirconium, and rare earth…
Untha RS50 Shredder Boosts Metal Recycling Efficiency at Proficio Ltd. in the UK
Proficio Ltd. in Livingston, England, upgraded its operations with the Untha RS50 shredder to boost metal recycling…
Huayou Cobalt Expands Internationally with New Battery Precursor Plant in Indonesia
Huayou Cobalt has opened its first overseas plant in Indonesia, marking a strategic move to expand production…
Weak NCM Demand Limits Nickel Consumption Growth in China
China’s nickel consumption growth has slowed in 2024 due to weak demand in the NCM battery sector, compounded by the…
Mueller Industries Sees Positive Future for Copper Market Amid Price Surge
Mueller Industries is capitalizing on rising copper prices, strong demand in key industries, and strategic acquisitions to…
OPEC+ Delays Oil Production Increase Amid Weaker Demand and Global Supply Surplus
OPEC+ has postponed its planned production increase due to weak demand and rising production from non-OPEC nations. The…
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