{"id":2193,"date":"2023-07-08T05:01:27","date_gmt":"2023-07-08T05:01:27","guid":{"rendered":"https:\/\/prendergast.net\/?p=2193"},"modified":"2023-07-08T05:01:27","modified_gmt":"2023-07-08T05:01:27","slug":"the-market-was-expecting-delays-fastmarkets-william-adams-on-chinas-critical-metals-turnaround","status":"publish","type":"post","link":"https:\/\/prendergast.net\/?p=2193","title":{"rendered":"The market was expecting delays&#8217; &#8211; Fastmarkets&#8217; William Adams on China&#8217;s critical metals turnaround"},"content":{"rendered":"<div id='post-thumb'><img alt='' src='https:\/\/markethive.com\/uploads\/david-ogden\/images\/blog_367191.gif' style='height:1px; width:1px' \/><\/div>\n<h1>The market was expecting delays&#39; &#8211; Fastmarkets&#39; William Adams on China&#39;s critical metals turnaround<\/h1>\n<p><iframe loading=\"lazy\" frameborder=\"0\" height=\"329\" src=\"https:\/\/www.youtube.com\/embed\/1RdOCWy5PXk\" title=\"'The market was expecting delays' - Fastmarkets' William Adams on China's critical metals turnaround\" width=\"740\"><\/iframe><\/p>\n<p>China surprised the critical minerals industry by ramping up nickel production from Indonesia in a short period of time, noted William Adams, head of battery research at Fastmarkets.<\/p>\n<p>On June 22, 2023, Adams spoke to Kitco at the 15th Lithium Supply and Battery Raw Materials 2023 in Henderson, Nevada.<\/p>\n<p>Nickel prices are off nearly 30% year to date. Adams said nickel prices have been declining partly because of constrained electric vehicle sales in Europe. The continent&#39;s EV manufacturers prefer batteries with a higher nickel content. Indonesia has also been a supply surprise.<\/p>\n<p>&quot;We&#39;ve seen a significant increase in supply from Indonesia,&quot; noted Adams, who said the Chinese started to partner with nickel miners in the country last decade. &quot;They&#39;ve brought on new nickel supply&#8230;in quite a surprisingly fast time.<\/p>\n<p>&quot;The market expected there would be delays, but even with COVID&#8230;they&#39;ve still managed to push forward and get that new supply on the market.&quot;<\/p>\n<p>Adam was asked to identify an under-covered metal in the critical minerals space.<\/p>\n<p>&quot;I think it&#39;s graphite,&quot; said Adams. &quot;So much graphite is processed and produced in China. That&#39;s going to cause an issue. We&#39;re going to need to see much more diversification of supply within graphite.&quot;<\/p>\n<p>pic<\/p>\n<p>Why direct lithium extraction is the critical mineral sector&#39;s needed technology<\/p>\n<p>By<\/p>\n<p>Michael McCrae<\/p>\n<p>For Kitco News<\/p>\n<p><a href=\"https:\/\/kms.kinesis.money\/signup\/KM13461268\">Time to Buy Gold and silver<\/a><\/p>\n<p><\/p>\n<p>Tim Moseley<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The market was expecting delays&#39; &#8211; Fastmarkets&#39; William Adams on China&#39;s critical metals turnaround China surprised the critical minerals industry by ramping up nickel production from Indonesia in a short period of time, noted William Adams, head of battery research at Fastmarkets. On June 22, 2023, Adams spoke to Kitco at the 15th Lithium Supply &hellip; <a href=\"https:\/\/prendergast.net\/?p=2193\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">The market was expecting delays&#8217; &#8211; Fastmarkets&#8217; William Adams on China&#8217;s critical metals turnaround<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[290,291],"_links":{"self":[{"href":"https:\/\/prendergast.net\/index.php?rest_route=\/wp\/v2\/posts\/2193"}],"collection":[{"href":"https:\/\/prendergast.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prendergast.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prendergast.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prendergast.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2193"}],"version-history":[{"count":0,"href":"https:\/\/prendergast.net\/index.php?rest_route=\/wp\/v2\/posts\/2193\/revisions"}],"wp:attachment":[{"href":"https:\/\/prendergast.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prendergast.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prendergast.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}