![]() President Joe Biden has named former top White House official John Podesta to oversee the rollout of an estimated $US369bn of climate and clean energy spending, Argus says. Who’s in charge of $US369bn in US clean energy spending? This guy Money man John Podesta. “Prices trended to the top end of the range in late August, primarily due to an uptick in demand and therefore market activity, generated by both concerns of supply shortage due to strikes at Glencore’s Nikkelverk and market participants returning from the traditional summer break,” it says. ![]() “Lithium chemicals pricing on the Chinese domestic market gained upward momentum in the second half of August, following relative stability in the first half of the month, under accelerating demand from downstream consumers, as well as near-term impact on supply from converters in Sichuan Province under a regional power shutdown,” Benchmark says.Ī despite suffering a 15.1% fall, all cobalt grades assessed by Benchmark saw upwards momentum late in the month. Its ain’t all bad though, with prices gaining some positive impetus though the second half of the month. The other indexes – lithium, cobalt, and graphite – fell 0.5%, 15.1% and 2.2% respectively month on month. Limp battery metals prices start rising again late Augustīattery metals assessed by Benchmark Minerals intelligence had a weaker month in August, with only nickel sulphate (~2%) prices eking out gains. Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, manganese, magnesium, and vanadium. Weekly ASX standouts: Kingfisher, Emetals, White Cliff, Koba, Reach.Former top White House official John Podesta to oversee rollout of ~$US369bn of climate and clean energy spending.Battery metals prices had weaker month in August, with only nickel sulphate (~2%) eking out gains.
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