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Asia Black Mass, The Cobalt Collapse Weighs More Than The US Ban
Payables for NCM black mass declined in the main Asian markets in the week to Wednesday September 2, penalized by weakness in cobalt sulfate, lithium instability and recyclers’ caution. The ban on black mass exports from the United States, which came into effect on...
US Batteries, Export Ban Accelerates Domestic Refining
The new US restriction on black mass exports is beginning to change the industrial structure of battery recycling. After years in which a significant portion of the material recovered in the United States was sent to Asia, the priority is shifting toward the...
European Tin, Stocks And Financing Costs Support Premiums Despite Weak Demand
European premiums for 99.9% tin ingots remained unchanged in the two weeks to Tuesday September 1, but the stability does not reflect a balanced market. Spot demand remained weak during the summer slowdown, while reduced stocks and high financing costs limited the...
Aluminium, Trimet Invests In Sorting As European Scrap Tightens
German group Trimet Aluminium plans to open a new aluminium scrap sorting and processing facility in October in the northwestern German city of Hamm. The facility will have capacity of 40,000 tonnes per year and will use laser systems to analyze the material’s...