Category Archives: Lithium

A new era for commodities as sustained lithium price run marks onset of EV demand – Benchmark Minerals

Prices of lithium carbonate, a key lithium ion battery raw material, have increased nearly 40% in the last 12 months as a wave of global electric vehicle (EV) production begins to have a sustained impact on the industry. Benchmark Mineral Intelligence’s Lithium Carbonate South America (99%, FOB) price – a region which accounts for 68% […]

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 […]

Albemarle to keynote Benchmark’s 2nd annual lithium ion battery supply chain conference 

We are delighted to announce that Albemarle Corp, the world’s leading lithium producer and downstream battery grade chemicals manufacturer, will speak at Cathodes 2018 on Wednesday 24 October 2018, Newport Beach, CA.  John Mitchell, Albemarle’s President of Lithium & Advanced Materials, and his lithium supply chain team will present on the challenges and opportunities large […]

China’s Qinghai targets mammoth lithium carbonate expansion – Benchmark Minerals to visit

Announcing Benchmark’s Lithium field Trip 2018: from May 20-25 2018, Benchmark Mineral Intelligence is organizing a lithium field trip which will include trips to Qinghai Salt Lakes and meetings with the management.  Contact Albert (Qi) Li for more details: Qinghai Salt Lake Industry Co.,Ltd has revealed a huge expansion plan in China in a […]

Electric Car Boom Drives Rush to Mining’s $90 Billion Hub – Benchmark quoted in Bloomberg article

Benchmark Mineral Intelligence has been quoted in an article written by Melbourne-based Bloomberg News reporter, David Stringer. The article focuses on international investment into Australia’s spodumene lithium space and likens it to the Middle East oil rush of the 1960s and 1970s. The article quotes Benchmark’s Managing Director, Simon Moores, and can be viewed here in the August […]

Benchmark Minerals and Bloomberg reach agreement to cite lithium prices

Benchmark Mineral Intelligence is pleased to announce that it has reached an agreement with Bloomberg to publish lithium prices on the company’s terminal platform. The Bloomberg Terminal is the world’s leading system for industry professionals, primarily from the financial services sector, to analyse real time market data and commodity prices. Until now, this system has […]

Bigger than Giga: Tesla’s plan for 3 more battery megafactories

Tesla’s latest financial results not only painted a rosy picture for the clean energy crusader in 2016 but also hinted at significant future infrastructure expansions putting further strain on already stretched raw material markets. In January production of Tesla’s new 2170 cell – which will be used in energy storage as well as the Model […]

AMG plans lithium entry with $127/tonne concentrate production 

Critical mineral specialist Advanced Metallurgical Group N.V. (AMG), has announced plans to build a spodumene processing plant and chemical conversion facility for the production of lithium as a by-product from its Mibra tantalum mine in Brazil. The project – which is scheduled to come online in Q1 2018 at an initial output of 90,000 tpa lithium concentrate, rising to 140,000 […]

Elon Musk: Our lithium ion batteries should be called Nickel-Graphite…

… Yet Tesla executives fail to allay lithium shortage fears // Tesla CEO Elon Musk and CTO JB Straubel have attempted to play down the role of lithium in a lithium ion battery, but could have inadvertently given themselves further supply headaches. In response to a question of whether there is enough lithium supply, Musk […]