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Electra Battery Materials will conduct a study in partnership with the Government of Ontario, Glencore, and Talon Metals to determine the feasibility of building nickel sulfate and battery precursor cathode-active materials plants adjacent to its Ontario operations, the company said Feb. 23. “Partnering with Glencore and Talon on this study provides a clear path toward […]

Western sanctions imposed so far against Russian banks and individuals are unlikely to have a significant effect on metals trade, industry analysts said Feb. 23. However, the risk of rising energy costs arising from sanctions looks set to keep metals production costs and prices high and volatile, they said. “The sanctions announced so far have

The Inner Mongolia government’s decision to eliminate ferroalloy capacity in the region is expected to have limited impact on China’s total ferrosilicon production, as new or replaced capacity will likely fill the production gap, industry sources told S&P Global Platts Feb. 23. Inner Mongolia — a major coal-mining area in northern China — said it

Click here for Part 1 of this series As traditional carbon project certifiers like VCS and Gold Standard have exited the Renewable Energy carbon credit market , it has opened space for newer certification schemes to enter the market, some of which even promise a very small certification period. “Since [Gold Standard and Verified Carbon

Germany pressed pause Feb. 22 on the Nord Stream 2 gas pipeline project with Russia as European allies and the US finalize a response and likely sanctions after the Kremlin ordered troops into a disputed area of Ukraine. At 1305 GMT, the April ICE Brent futures contract was trading 2% higher at $97.37/b after earlier

US domestic HRC mill spreads fell under continued pressure during the week ended Feb. 18 for March production as inventories remained high, especially at the ports, but spot market bid/offers have tightened at lower levels from previous weeks. Service centers looked to draw on higher-priced inventories and contracted tonnage given the steep decline in spot

Russia’s hot-briquetted iron and direct-reduced iron capacity is set to more than double over the next five years to over 17 million mt/year, according to projects in the pipeline, meaning the country’s production or procurement of DR-grade pellets needed to feed new HBI and DRI furnaces will also have to double. Alexey Kulichenko, the chief

Americas spot clean tanker freight rates are up 27%-80% since the start of February, depending on the route, due to the tight availability of ships on the US Gulf Coast and exacerbated by port congestion in the region and discharge delays in East Coast Mexico. While the average wait time for USGC cargoes to discharge

Most near-term scrap and rebar futures contracts on the London Metal Exchange saw losses over the week to Feb. 17, while trading volumes decreased. S&P Global Platts assessed the February scrap contract down $1.50/mt to $504.50/mt, and the March contract $9.75/mt lower to $498/mt on Feb. 17. The April contract fell $10/mt to $490/mt, while

In a Feb. 17 round of hearings on clean hydrogen’s decarbonization role, clean energy researchers urged Congress to rejigger the way the Department of Energy prioritizes clean hydrogen research-and-development spending. During a subcommittee hearing of the US House of Representatives Committee on Science, Space, and Technology, experts highlighted focus areas the government should direct more