Category Archives: Graphite

Benchmark hails overwhelming reaction to Senate hearing on energy, EV supply chains

Benchmark Mineral Intelligence has welcomed the overwhelming reaction to the US Senate hearing on Tuesday 5 February in Washington, DC, which focused on electric vehicle and energy storage supply chains.

Led by Chairman Lisa Murkowski (Alaska), the hearing was the first of the US Senate Committee on Energy and Natural Resources in the 116th Congress.

The Senators heard as Benchmark’s Managing Director, Simon Moores, issued a red alert on the lithium ion battery supply chain and the raw materials of lithium, cobalt, nickel and graphite and warned the highest tier of US government that its country is presently a ‘bystander’ in this ‘global battery arms race’.… Read more

Benchmark Minerals to speak at BAML, Deutsche Bank – New York, This Week

If you do not subscribe and you want to attend these events, please email us at [email protected] 

The year is off to a grandstand start for the Benchmark Mineral Intelligence Team.

Two subscriber only events in New York this week kicks off what will be a defining year for the lithium ion battery to EV supply chain.

1. BAML, Tuesday 15 January 2019 – The Benchmark World Tour 2019 

The first event, a full day of energy storage / ESS discussion, will take place at Bank of America Merrill Lynch (BAML) on Tuesday 15 January.… Read more

Benchmark Minerals invited to speak at The Royal Institution on rise of the lithium ion battery

Benchmark Mineral Intelligence has been invited to speak at a special event for the UK public being held at The Royal Institution of Great Britain in London.

The Battery – Inside Out is an event supported by new UK battery initiative, The Faraday Institution, taking place on Tuesday 12 March 2019 at 1900. It will focus on the rise of the lithium ion battery against the backdrop of a global electric vehicle and energy storage revolution.

The special one-off event will hear from the some of the UK’s and the world’s leading voices on the subject including:

  • Benchmark’s Managing Director, Simon Moores
  • Patrick Vallance, UK Government Chief Scientific Adviser
  • Serena Corr from the University of Sheffield
  • David Greenwood of Warwick Manufacturing Group (WMG)
  • Judith Richardson, Global Purchasing Director of Jaguar Land Rover

It is the first time such an event has been held at The Royal Institution – a globally renowned organisation that supports public engagement with science.… Read more

spherical graphite

Heilongjiang, China, tops 90,000 tpa spherical graphite output as EV battery demand surges

China’s 2018 spherical graphite exports increased by 39% year-on-year as of the end of October 2018 as electric vehicle battery demand surges.

Heilongjiang, China’s largest graphite producing region, recorded production of over 90,000 tonnes of spherical graphite from Hegang, a number it seeks to increase to over 100,000 tpa (tonnes per annum) by 2020, with an additional 80,000 tpa targeted for anode supply. Expansion of this scale in one of the country’s key producing regions will further cement China’s dominance in the battery-grade graphite market.… Read more

DOWNLOAD: Lithium, cobalt prices enter new period of volatility as era of EV begins; vanadium awaits lithium ion moment

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 and in its 4th year – explored these themes in Hong Kong, Seoul, Tokyo, Perth, Melbourne and Sydney over the last two weeks. Download presentations from the Benchmark World Tour below.Read more

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 3 – started at the Gigafactory 1, and despite the building not being completed Tesla is already looking to secure locations of future plants by the end of 2017.… Read more

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 diverted it onto two other key battery raw materials of nickel and graphite in an attempt to allay fears that there will not be enough lithium for an operational Gigafactory, which is set to become world’s largest lithium ion battery plant.… Read more

Graphite demand from lithium ion batteries to more than treble in 4 years

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 Mineral Intelligence forecasts the anode market – which is nearly exclusively served by naturally sourced spherical graphite and synthetically produced graphite – to increase from 80,000 tpa in 2015 to at least 250,000 tpa by the end of 2020 while the market could be as large as 400,000 tpa in the most bullish of cases with no supply restrictions.… Read more

Chart: Flake graphite capacity utilisation drops below 50%

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 production as a result of new supply coming online in Madagascar and the easing of environmental restrictions in China, falling demand from industrial markets kept output at low levels. 

China continued to lead the decline with a capacity utilisation rate of 37%. Read more

Goldman Sachs: Wind & solar the “new shale gas”

  • Leading investment bank publishes The Low Carbon Economy //
  • Benchmark advises on the lithium and battery supply chains //
  • Solar and wind “the new shale gas” //
  • Albemarle and Tesla identified as investment targets //

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Goldman Sachs has declared wind and solar power industries the “new shale gas” in its first ever published opinion on the low carbon economy.

The report entitled The Low Carbon Economy: GS Sustain equity investor’s guide to a low carbon world 2015-2020 was released last night coincide with the COP21 climate change talks in Paris this week.… Read more