Category Archives: Cathodes

EV battery arms race enters new gear with 115 megafactories, Europe sees most rapid growth

  • Benchmark launches Battery Megafactories Europe 2020 Conference, 17-18 June 2020, Berlin, Germany
  • Europe’s planned lithium ion cell battery capacity surges in 2019 to 348GWh
  • China continues to dominate adding 564GWh by 2028
  • Total lithium ion battery capacity in pipeline equals 39m EVs by 2029

The world has entered a new … Read more

Glencore’s revamped GEM deal could leave electric vehicle makers short of sustainable cobalt

Today, Glencore announced a revamped deal with the world’s largest precursor producer, GEM Co Ltd, for cobalt hydroxide that equates to 61,200 tonnes of contained cobalt for a five year period between 2020 and 2024.

Benchmark Mineral Intelligence estimates that the deal is for 25% of Glencore’s forecasted cobalt hydroxide … Read more

EV Parking Bay

Has Glencore given electric vehicles the extra push to engineer cobalt out of a battery?

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.

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On … Read more