Category Archives: Batteries

Lithium ion battery China

Tesla’s Gigafactory to be world’s biggest battery plant, but China will dominate electric vehicle lithium ion production for next decade

Tesla’s Gigafactory 1 is coming of age. The ramp up of the battery megafactory in Nevada to a production level of 15GWh and a run rate of 20GWh by end-2018 will make the lithium ion plant the world’s largest. Despite Tesla’s significant progress in adding new global lithium ion battery capacity, the megafactories in China … Continue reading Tesla’s Gigafactory to be world’s biggest battery plant, but China will dominate electric vehicle lithium ion production for next decade

General Motors to keynote Benchmark’s annual lithium ion battery supply chain conference

We are delighted to announce that General Motors, one of the world’s leading auto OEMs, will speak at Graphite + Anodes 2018 on Monday 22 October 2018 in Newport Beach, CA. Dr Saad Hasan, Advanced Technology Engineer at General Motors, will present on developments in EV battery technologies and the future for lithium-ion anode materials. … Continue reading General Motors to keynote Benchmark’s annual lithium ion battery supply chain conference

Plight of the PRA and how Benchmark became the lithium industry’s reference price

Since its inception in 2014, the rise of Benchmark Mineral Intelligence as the lithium industry’s reference price has been the ideal case study for how the commodities publishing industry is changing. Scandals such as libor and credit ratings fixes have brought scrutiny (and with it a police raid) on commodity price publishers. This has resulted … Continue reading Plight of the PRA and how Benchmark became the lithium industry’s reference price

LG Chem / Huayou cobalt deal reshapes cathode landscape for electric vehicle batteries

Korean battery major LG Chem and China’s Huayou Cobalt have announced a huge deal to launch two plants that will have a significant bearing on the lithium ion battery industry’s cathode direction. The partnership will see a 40,000 tpa lithium ion battery precursor plant and a 40,000 tpa cathode plant being constructed within China over … Continue reading LG Chem / Huayou cobalt deal reshapes cathode landscape for electric vehicle batteries

Mining Journal’s Top 20 Most Influential People in Mining 2017; Benchmark Mineral Intelligence gets honorable mention

Benchmark Mineral Intelligence received an honorable mention in Mining Journal’s annual ranking of the most influential people in the mining industry for 2017. China’s premier, Xi Jinping, claimed to top spot with US president Donald Trump, second. Meanwhile Elon Musk, founder and CEO of Tesla, made his first appearance in the top 10 placing 7th. … Continue reading Mining Journal’s Top 20 Most Influential People in Mining 2017; Benchmark Mineral Intelligence gets honorable mention

Rise of the lithium ion battery megafactories: what does 2018 hold?

Since Benchmark Mineral Intelligence coined the term Battery Megafactory in 2014 the landscape of the lithium ion battery industry has changed significantly. Early on, Benchmark noticed a step change in the way battery supply and demand was developing and the corresponding growth in the size of planned cell production plants on a multi-gigawatt scale. These … Continue reading Rise of the lithium ion battery megafactories: what does 2018 hold?

Al Gore’s fund releases EV, batteries and sustainability report using Benchmark Mineral Intelligence data

Al Gore’s fund, Generation Investment Management, has released a new report outlining the opportunities in sustainability trends such as electric vehicles (EVs), lithium ion batteries, and renewable energy. The report uses Benchmark Mineral Intelligence data on lithium ion battery megafactories being built around the world and trading activities in Asia. “The past few years has … Continue reading Al Gore’s fund releases EV, batteries and sustainability report using Benchmark Mineral Intelligence data

HOW CHINA IS RACING AHEAD IN THE ELECTRIC CAR INDUSTRY – BENCHMARK MAKES CHINA DAILY COVER STORY

This morning in Asia, Benchmark Mineral Intelligence made the cover story of China’s largest read English-language title, China Daily. The feature “Pole Position: From vehicle manufacturing and sales to battery production, China is racing ahead in the electric car industry” was written by industry journalist, Robert Blain, for China Daily, Asia Weekly. It feature quotes from … Continue reading HOW CHINA IS RACING AHEAD IN THE ELECTRIC CAR INDUSTRY – BENCHMARK MAKES CHINA DAILY COVER STORY

BASF targets cathode supply security with Norilsk nickel & cobalt negotiations

Chemicals and cathodes giant BASF announced that it has entered into exclusive negotiations with Russian nickel behemoth Norilsk Nickel for the supply of nickel and cobalt for the next generation of battery cathode materials, to be produced in Europe. In a press release dated 27th June, the world’s leading chemical company highlighted their intention to … Continue reading BASF targets cathode supply security with Norilsk nickel & cobalt negotiations

China’s battery push and Elon Musk’s Tesla – Benchmark quoted in Bloomberg article

Benchmark Mineral Intelligence was recently quoted in an article written by Bloomberg News renewable energy correspondent, Joe Ryan. The article focuses on lithium-ion battery production in China, and in particular how despite Elon Musk and Tesla attracting many of the headlines, their plans modest when compared to China. By 2020 installed lithium-ion cell production capacity … Continue reading China’s battery push and Elon Musk’s Tesla – Benchmark quoted in Bloomberg article