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China’s SRB reignites cobalt stockpiling

China’s State Reserve Bureau (SRB) is undertaking a significant purchase of cobalt as the Chinese government establishes a stockpile ahead of an expected uptick in cobalt prices, according to Benchmark sources.

While there has been no official confirmation, Benchmark understands that the tender process is ongoing and we expect purchase … Read more

European Commission recognises lithium as critical raw material

In its latest review of the European Union (EU) critical raw materials list, the European Commission has included lithium as it also outlined an action plan to look at current and future challenges facing Europe’s critical minerals supply chain.

The EU critical minerals list has been updated every three years … Read more

Battery Megafactories Europe 2020 cancelled

A statement from Benchmark’s Managing Director, Simon Moores: 

“It is with regret that we have decided to cancel our inaugural Battery Megafactories Europe 2020. 

Our team has worked tirelessly to turn an great concept into a reality, however due to continued coronavirus / COVID-19 restrictions and uncertainty with international travel,

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5G technology to expand lithium ion’s battery empire

As the global transition to 5G technology gathers pace, growth in non-EV markets has significant potential to expand across two fronts: portables and energy storage systems (ESS).

China in particular, which is leading the way in 5G developments, has demonstrated significant growth in not just portable device battery requirements but … Read more

Glencore joins new DR Congo cobalt alliance focused on artisanal formalisation

Glencore has joined a new cobalt alliance which is focused on improving responsible mining practices and formalising the artisanal mining sector in the Democratic Republic of the Congo (DRC).

As the world’s biggest producer of cobalt, Glencore has joined Fairphone, Signify, The Impact Facility  and Huayou Cobalt—China’s largest cobalt refiner—in … Read more