Category Archives: Uncategorised

Mark Beveridge joins Benchmark Minerals from CRU as its electric vehicle supply chain strategy division grows

Monday 28 October — London, UK–

Benchmark Mineral Intelligence (Benchmark Minerals) is delighted to announce that Mark Beveridge has joined from CRU Group as a new Principle Consultant.

Mark joins Benchmark Minerals expanding division which is focused on implementing supply chain strategies for the lithium ion battery to electric vehicle … Read more

Lithium Price Index

How does the electric vehicle supply chain use Benchmark Minerals lithium prices in contracts?

There is no doubt that the lithium industry is evolving to the needs of the lithium ion battery and electric vehicle (EV) industry.

Existing majors are expanding, new producers are entering the market and even more buyers are purchasing spodumene concentrate and the speciality chemicals, lithium carbonate and lithium hydroxide, … 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

Watch: Benchmark Minerals’ Managing Director, Simon Moores, discusses lithium, batteries and electric vehicles on Al Jazeera News

Benchmark Minerals’ Managing Director, Simon Moores, recently appeared on Al Jazeera News to discuss lithium, batteries and electric vehicles.

Asked whether there is enough lithium to meet electric vehicle demand. Moores said, “Lithium isn’t rare. The question is getting it out of the ground in economic quantities. At the moment … Read more

US Senator Murkowski launches American Mineral Security Act at Benchmark Minerals Summit in Washington DC

US Government Senator Lisa Murkowski has introduced bipartisan legislation to secure its mineral resources and supply chains for the country’s 21st century auto and energy industries at the inaugural Benchmark Minerals Summit 2019 in Washington DC.

Senator Murkowski has led the push, in particular in her role as chair of … Read more

Kidman to be acquired by Australia’s Westfarmers

Australia’s largest company by revenue, Wesfarmers, has announced plans to acquire lithium developer, Kidman Resources, marking the first major lithium acquisition of 2019.

The deal between the multibillion-dollar conglomerate, which has major interests in chemicals, coal and fertilisers, could have wide repercussions for the global lithium market and the wider … Read more