Category Archives: Lithium

Electric Car Boom Drives Rush to Mining’s $90 Billion Hub – Benchmark quoted in Bloomberg article

Benchmark Mineral Intelligence has been quoted in an article written by Melbourne-based Bloomberg News reporter, David Stringer. The article focuses on international investment into Australia’s spodumene lithium space and likens it to the Middle East oil rush of the 1960s and 1970s. The article quotes Benchmark’s Managing Director, Simon Moores, and can be viewed here in the August … Continue reading Electric Car Boom Drives Rush to Mining’s $90 Billion Hub – Benchmark quoted in Bloomberg article

Benchmark Minerals and Bloomberg reach agreement to cite lithium prices

Benchmark Mineral Intelligence is pleased to announce that it has reached an agreement with Bloomberg to publish lithium prices on the company’s terminal platform. The Bloomberg Terminal is the world’s leading system for industry professionals, primarily from the financial services sector, to analyse real time market data and commodity prices. Until now, this system has … Continue reading Benchmark Minerals and Bloomberg reach agreement to cite lithium prices

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 … Continue reading Bigger than Giga: Tesla’s plan for 3 more battery megafactories

AMG plans lithium entry with $127/tonne concentrate production 

Critical mineral specialist Advanced Metallurgical Group N.V. (AMG), has announced plans to build a spodumene processing plant and chemical conversion facility for the production of lithium as a by-product from its Mibra tantalum mine in Brazil. The project – which is scheduled to come online in Q1 2018 at an initial output of 90,000 tpa lithium concentrate, rising to 140,000 … Continue reading AMG plans lithium entry with $127/tonne concentrate production 

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 … Continue reading Elon Musk: Our lithium ion batteries should be called Nickel-Graphite…

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

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 // ——————————— Goldman Sachs has declared wind and solar power industries the “new shale gas” in its first ever published opinion on … Continue reading Goldman Sachs: Wind & solar the “new shale gas”

Tesla’s Elon Musk: More Gigafactory lithium deals to come, potentially Nevada

Tesla Motors’ CEO Elon Musk has admitted the company is pursuing lithium deals in Nevada. Tesla is looking to add to the conditional deal it struck with Bacanora Minerals / Rare Earth Minerals and Musk was forced to admit last night on Twitter that Nevada projects are being considered. Last week’s lithium supply deal with … Continue reading Tesla’s Elon Musk: More Gigafactory lithium deals to come, potentially Nevada

Toronto: new speakers announced for battery supply chain seminar

The agenda for Benchmark Mineral Intelligence’s battery supply chain seminar in Toronto will now include Syrah Resources, the Australian graphite developer following its A$211m raising, and Western Lithium which recently revealed its planned merger with Lithium Americas. The free meeting will take place on Thursday 24 September at One King West Hotel & Residence in Toronto’s downtown and will discuss the … Continue reading Toronto: new speakers announced for battery supply chain seminar