Category Archives: Batteries

A decade of growing pains: Not just Samsung’s problem 

It has been an explosive start for Samsung’s new cell phone, Galaxy Note 7, with a few of the devices literally combusting into flames.   It became apparent in the many airports we passed through for the Benchmark World Tour 2016 that it was becoming a serious problem for Samsung.  Warnings on the Galaxy Note 7 … Continue reading A decade of growing pains: Not just Samsung’s problem 

Cobalt price gains begin, H2 surge likely

Tightening supply and growing demand has finally sparked the beginning of a recovery in cobalt prices which is likely to escalate throughout H2 2016. Increases of between $0.5-$1.5/lb have been reported across the market, led by price hikes in China at the start of the August as suppliers scaled down their efforts to destock. This … Continue reading Cobalt price gains begin, H2 surge likely

Lithium ion battery exports reach new peak in H1

Japan and South Korea have both recorded record high levels of lithium-ion battery exports in H1 2016, as auto companies ramp up battery consumption to power new all-electric offerings. Lithium ion battery shipments from Japan – the world’s leading producer – topped 33,500 tonnes the first half of 2016, up 17% on H2 2015 and … Continue reading Lithium ion battery exports reach new peak in H1

Tesla faces raw material reality with expanded Gigafactory

Speakers announced: Graphite Supply Chain 2016, 13-15 November, Newport Beach, CA, US. Click here: Early Bird Delegate Rate Ends Soon. Tesla opened its Gigafactory a few weeks ago to the surprising, if casual, announcement by Elon Musk that the Gigafactory will be three times the original 50GWh planned capacity. The company explained that the lithium ion battery … Continue reading Tesla faces raw material reality with expanded Gigafactory

Cobalt supply tightens as battery demand looms

Political tensions amidst the wider slump in global commodity markets, look set to continue the onslaught on cobalt production in the Democratic Republic of Congo (DRC) moving into H2 2016. Cobalt production in the DRC, home to over 60% of the world’s mined output, is estimated to have fallen by over 20% in Q1 2016 … Continue reading Cobalt supply tightens as battery demand looms

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

Cobalt & conflict minerals: The need for supply chain leaders

Michael Gibb, Global Witness // The best time to plant a tree is twenty years ago. Or so goes an old proverb. It is also the best time to start thinking seriously about sourcing minerals responsibly. In recent years the links between conflict, human rights abuses and the minerals trade have been increasingly well documented and understood. While some conflicts are fought over control … Continue reading Cobalt & conflict minerals: The need for supply chain leaders

Tesla will need a lot of graphite & lithium (but China will need more)

Battery grade graphite and lithium demand could surge if pre-orders of Tesla Motors’ Model 3 are any indicator of sales between 2017 and 2021. Orders for Model 3 – which there is very little information on at the present, including the battery size – today reached 325,000 units. Analysts expected Tesla to secure between 30,000 … Continue reading Tesla will need a lot of graphite & lithium (but China will need more)

South Korea’s rise to lithium prominence

South Korea is often recognised as a hub of technology innovation and battery R&D, but until recently the country was far behind its Asian peers in terms of its lithium consumption. A decade ago the country was consuming under 3,000 tonnes of lithium chemicals, and it wasn’t until 2007 that it ramped up its lithium purchases … Continue reading South Korea’s rise to lithium prominence

Lithium prices experiencing strongest ever surge

The lithium industry is going through its strongest ever period of price increases as both prices of lithium carbonate and hydroxide – the two primary chemicals produced – head north of $10,000/tonne. According to data collected by Benchmark Mineral Intelligence,  the price of lithium carbonate so far in 2016 is 47% higher than last year’s … Continue reading Lithium prices experiencing strongest ever surge