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Sumitomo plans $1.3bn renewable energy expansion in India as demand surges
12 Dec 20253MINS
Sustainability
Japan’s Sumitomo Corporation is preparing a major scale-up of its clean-energy footprint in India, with plans to invest 200 billion yen (USD 1.3 billion) in renewable power projects developed through its joint venture with Indian startup Ampin Energy Transition. The commitment, reported by Nikkei, r ...
As Fastmarkets embeds CBAM into billet premiums, how do aluminium traders calculate costs?
12 Dec 20255MINS
Recycled AL
We were all happy when we heard about the scrap exemption from the CBAM regime. But instead, it turned out to be a two-edged sword. If an EU business imports scrap and manufactures secondary aluminium, it will have to pay the tax for the secondary aluminium manufacturing, in accordance with the ETS ...

12 Dec 20256MINS
SupplementAL
Since November, driven by strong demand from the energy storage sector, downstream material manufacturers have been operating at historically high utilisation rates, leading to a widening monthly supply gap for lithium carbonate. Prices surged significantly, with futures rising from around RMB 80,00 ...
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