Is cobalt becoming its own worst enemy? Simon Moores, Managing Director, Benchmark Mineral Intelligence explores Glencore’s latest move to pull hydroxide supply from the market in the midst of contract negotiating season and what it means for cobalt’s strained relationship with cathode, battery and electric vehicle (EV) producers. ———– On Tuesday 6 November, the wires and social … Continue reading Has Glencore given electric vehicles the extra push to engineer cobalt out of a battery?
Benchmark’s Simon Moores recently featured in an interview with Cobalt27 and spoke about the emergence of lithium ion battery megafactories, where the demand is coming from and the implications for raw material supply chains. In the Q&A Simon explains how in 2014 Benchmark Mineral Intelligence coined the term megafactories and how these lithium ion battery factories have … Continue reading Benchmark Minerals’ Simon Moores talks lithium ion battery megafactories with Cobalt27
It was a pleasure for the Benchmark Minerals team to welcome Micheal Austin, BYD America’s Vice President as the keynote to Cathodes 2018, the world’s leading lithium ion battery and electric vehicle supply chain conference. Since 2007 when Micheal joined BYD, he has been a true pioneer in the electric vehicle (EV) industry and has … Continue reading Wake up or be disrupted: BYD’s Micheal Austin keynotes Benchmark Minerals Week 2018, warns lithium ion battery industry
Lithium and cobalt prices are experiencing a new period of volatility as prices crest from post-2010 highs. Both speciality minerals that are key components in an electric vehicle’s lithium ion battery began to see a downward turn in 2018. The Benchmark World Tour 2018 – the world’s leading investor forum for lithium ion supply chain … Continue reading DOWNLOAD: Lithium, cobalt prices enter new period of volatility as era of EV begins; vanadium awaits lithium ion moment
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
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
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
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
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
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?