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
Here we take a look at recent developments in the lithium ion battery supply chain in China, followed with details of Benchmark’s upcoming field trip.
Benchmark Minerals’ China Lithium Field Trip 2019 field trip could not be timelier as China’s role in the lithium ion battery supply chain becomes increasingly … Read more
The rise of electric vehicles (EVs) has caused upheaval in the lithium ion battery industry.
Before Elon Musk announced Tesla’s intention to build the world’s biggest lithium ion battery plant, The Gigafactory 1, lithium ion batteries were somewhat of a cottage industry geared to supplying a mobile consumer market for … Read more
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 … Read more
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 … Read more
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 … Read more
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, … Read more
Demand for graphite (carbon) used as anode material in lithium ion batteries is set to increase by over 200% in the next four years as global cell production surges on the back of maturing pure electric vehicle demand and the inception of the utility storage market.
New data from Benchmark … Read more
Weak flake graphite concentrate demand has forced global capacity utilisation under 50% for a second consecutive year.
Flake graphite is used primarily in the steel industry – in refractory bricks and as a recarburising agent – and as a feedstock for battery anodes.
Although there was a marginal increase in … Read more