/ COMMODITIES
Forces shaping the future of energy
The world has seen record-setting investment in energy amid slowing overall demand growth...
/ COMMODITIES
/ COMMODITIES
The world has seen record-setting investment in energy amid slowing overall demand growth...
/ COMMODITIES
As electric vehicle and clean energy technology demand ramps up, so is interest in sourcing the critical minerals they need from recycled materials. Energy Evolution correspondent Camellia Moors spoke with guests Ahmad Ghahreman, CEO, president and co-founder of rare earths recycler Cyclic Materials, and Julian Proelss, director of business management battery recycling at chemical company BASF, about how these materials are extracted from old equipment and used in new batteries. Tune in to Energy Evolution to stay up to date on the energy transition and its implications. The show is co-hosted by veteran journalists Dan Testa and Taylor Kuykendall. More listening options:
Lithium producers are pushing timelines out for project development in North America as global lithium prices sit near a three-year low after plunging from record levels in 2022. The change in sentiment has cooled off a red-hot market and cast doubt on the future of domestic lithium supply for North America’s electric vehicles and other energy transition applications.SP Global Commodity Insights metals editor Nick Lazzaro speaks with Viral Shah, managing editor for low carbon and base metals in EMEA, and Adriana Carvalho, senior managing editor for Americas metals markets, about the changing dynamics in global lithium markets this year, new pricing trends in the US, and the future prospects for North American lithium supply.Register for Global Power Markets ConferenceSP Global Commodity Insights eventsLithium Carbonate DDP US $/mt ALTHA00More listening options:
Listen now as Amelia Xiao FuHead of Commodity Markets StrategyBOCI Global Commodities (UK) Ltd discusses the metals market scenario with new policy measures in place, the demand growth rate for China and much more in this video from the London Energy Forum 2024
The Asian copper market saw CIF China copper concentrate TC/RC fall by 65% in just three months’ time, while smelters were still not able to find enough feedstocks to meet their production needs. As copper concentrate market changed from surplus to deficit and copper price is still hovering at $8100-$8500/mt level, our experts discuss what happened behind the price, share the outlook for copper concentrate and copper cathodes. SP Global Commodity Insights senior Managing Editor Mok Cheng speaks with Han Lu, senior price editor and Wang Ruilin, senior copper analyst about the factors driving copper concentrate TC/RCs movement, implications for copper cathodes and copper price, and what we would expect in 2024.More listening options:
Copper Cathode Assessments
Platts 25% Cu Copper Concentrate, CIF China: Clean copper concentrate tradable heard at minus $2.5/mt, May loading, producer to trader, M+4, according to trader sourcePlatts 25% Cu Copper Concentrate, CIF China: Low gold clean concs tradable heard at a single digit $/mt, May loading, trader to smelter, M+1 or M+4 at seller's option, according to trader sourcePlatts Copper Cathode CIF China: EQ brand heard indicatively offered at $20-$25/mt on Mar. 19, April arrival, April/May pricing according to trader sourcePlatts Copper Cathode CIF China: EQ brand heard offered at $20-$25/mt on Mar. 19, April arrival, April/May pricing according to trader sourcePlatts 25% Cu Copper Concentrate, CIF China: Clean copper concentrate tradable heard at $11-12/mt, May loading, trader to smelter, M+1 or M+4 at seller's option, according to smelter sourcePlatts 25% Cu Copper Concentrate, CIF China: Clean copper concentrate tradable heard at minus $0.50/mt, May loading, producer to trader, M+1 or M+4 at seller's option, according to trader sourcePlatts 25% Cu Copper Concentrate, CIF China: Clean copper concentrate indicative offer heard at $8/mt, May loading, trader to smelter, M+1 or M+4 at seller's option, according to trader sourcePlatts 25% Cu Copper Concentrate, CIF China: Clean copper concentrate tradable heard at $9-11/mt, May loading, trader to smelter, M+1 or M+4 at seller's option, according to trader sourcePlatts 25% Cu Copper Concentrate, CIF China: Clean copper concentrate indicative offer heard at $below 10/mt, May loading, trader to smelter, M+1 or M+4 at seller's option, according to trader sourcePlatts Copper Cathode CIF China: Normal ER brand heard tradable at $50/mt on Mar. 19, April arrival, April/May pricing according to trader sourcePlatts 25% Cu Copper Concentrate, CIF China: Clean copper concentrate tradable heard at $10/mt, May loading, trader to smelter, M+1 or M+4 at seller's option, according to trader sourcePlatts 25% Cu Copper Concentrate, CIF China: Clean copper concentrate offer heard at $below 10/mt, May loading, trader to smelter, M+1 or M+4 at seller's option, according to smelter sourcePlatts 25% Cu Copper Concentrate, CIF China: Clean copper concentrate tradable heard at $10-15/mt, May loading, trader to smelter, M+1 or M+4 at seller's option, according to trader sourcePlatts 25% Cu Copper Concentrate, CIF China: Clean copper concentrate tradable heard at $10-13/mt, May loading, trader to smelter, M+1 or M+4 at seller's option, according to smelter sourcePlatts 25% Cu Copper Concentrate, CIF China: Clean copper concentrate indicative offer heard at $10/mt, May loading, trader to smelter, M+1 or M+4 at seller's option, according to trader sourcePlatts 25% Cu Copper Concentrate, CIF China: Clean copper concentrate tradable heard at $9-10/mt, May loading, trader to smelter, M+1 or M+4 at seller's option, according to trader sourcePlatts Copper Cathode Warrants: EQ brand heard traded at $15/mt on Mar. 18, April pricing according to smelter sourcePlatts Copper Cathode Warrants: Normal ER brand heard traded at $50/mt on Mar. 18(done on Mar. 15) , April pricing according to smelter sourcePlatts Copper Cathode CIF China: SX-EW brand heard traded at $43/mt on Mar. 18(done on Mar. 15) , H2 March arrival, April pricing according to smelter sourcePlatts Copper Cathode CIF China: EQ brand heard tradable at $15-$20/mt on Mar. 18, April pricing according to smelter sourcePlatts Copper Cathode CIF China: Normal ER brand heard tradable at $50/mt on Mar. 18, April arrival, April/May pricing according to trader sourcePlatts 25% Cu Copper Concentrate, CIF China: Clean copper concentrate offer heard at $10-12/mt, May loading, trader to smelter, M+1 or M+4 at seller's option, according to smelter sourcePlatts 25% Cu Copper Concentrate, CIF China: High As copper concs traded heard at $75-76/mt, April loading, trader to smelter, M+2 or M+4 at seller's option, no additional penalty, according to market sourcePlatts 25% Cu Copper Concentrate, CIF China: Clean copper concentrate indicative bid heard at $20/mt, May loading, trader to smelter, M+1 or M+4 at seller's option, according to smelter sourcePlatts 25% Cu Copper Concentrate, CIF China: Clean copper concentrate tradable heard at $11-12/mt, April loading, trader to smelter, M+1 or M+4 at seller's option, according to smelter sourcePlatts 25% Cu Copper Concentrate, CIF China: Clean copper concentrate tradable heard at $11-12/mt, May loading, trader to smelter, M+1 or M+4 at seller's option, according to smelter sourcePlatts Copper Cathode CIF China: ESOX brand heard traded at $43/mt on Mar. 18, H2 March arrival, April pricing according to smelter sourcePlatts 25% Cu Copper Concentrate, CIF China: High As copper concs bid heard at $70s/mt, April-May loading, trader to smelter, M+1 or M+4 at seller's option, according to trader sourcePlatts 25% Cu Copper Concentrate, CIF China: Clean copper concentrate tradable heard at $10-15/mt, May loading, trader to smelter, M+1 or M+4 at seller's option, according to smelter sourcePlatts 25% Cu Copper Concentrate, CIF China: Clean copper concentrate indicative offer heard at $10/mt, May loading, trader to smelter, M+1 or M+4 at seller's option, according to trader source