PRICE CHART: Cobalt, lithium ion batteries and EVs

While cobalt metal prices are cited by the London Metal Exchange, Benchmark Mineral Intelligence receives many queries about cobalt chemicals used in lithium ion battery cathodes. With electric vehicle furore reaching a new peak on the news that VW Group wants to invest $60bn on lithium ion battery manufacturing capacity and raw materials, inbound questions … Continue reading PRICE CHART: Cobalt, lithium ion batteries and EVs

Over 1,000 investment professionals will see the Benchmark World Tour 2017

As the Benchmark World Tour 2017 arrives in Seoul, South Korea, it has been another record year in terms of attendees for the series of investment seminars on the lithium ion battery supply chain. Well over 1,000 people will hear from Benchmark Mineral Intelligence’s analysts’ market comments and price assessments for lithium, graphite and cobalt … Continue reading Over 1,000 investment professionals will see the Benchmark World Tour 2017

HOW CHINA IS RACING AHEAD IN THE ELECTRIC CAR INDUSTRY – BENCHMARK MAKES CHINA DAILY COVER STORY

This morning in Asia, Benchmark Mineral Intelligence made the cover story of China’s largest read English-language title, China Daily. The feature “Pole Position: From vehicle manufacturing and sales to battery production, China is racing ahead in the electric car industry” was written by industry journalist, Robert Blain, for China Daily, Asia Weekly. It feature quotes from … Continue reading HOW CHINA IS RACING AHEAD IN THE ELECTRIC CAR INDUSTRY – BENCHMARK MAKES CHINA DAILY COVER STORY

Cobalt sulphate prices continue rise on battery demand, metal remains stable

This article is adapted from Benchmark Mineral Intelligence’s Cobalt Price Assessment subscription service. To subscribe and receive regular price data on cobalt chemicals together with on-the-ground analysis contact Caspar Rawles by email at crawles@benchmarkminerals.com  23 August 2017, London The price of one of the most common lithium ion battery precursor materials, cobalt sulphate, has continued … Continue reading Cobalt sulphate prices continue rise on battery demand, metal remains stable

After electric cars, what more will it take for batteries to change the face of energy? – Benchmark quoted in The Economist print & online

Benchmark Mineral Intelligence has been quoted in an article written by The Economist titled: “After electric cars, what more will it take for batteries to change the face of energy? No need for subsidies. Higher volumes and better chemistry are causing costs to plummet” It looks at the rapid change across the battery supply chain from electric … Continue reading After electric cars, what more will it take for batteries to change the face of energy? – Benchmark quoted in The Economist print & online

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

Cobalt’s shift to battery grade needed an independent price to reflect it

by Caspar Rawles @CDMRawles Since I began my role as cobalt analyst at Benchmark Mineral Intelligence in September 2016, cobalt has undergone a meteoric rise which continues to this day. Prices have more than doubled and are still experiencing upward pressure, with the mineral being tipped by many investors as the hot prospect of 2017. … Continue reading Cobalt’s shift to battery grade needed an independent price to reflect it

BASF targets cathode supply security with Norilsk nickel & cobalt negotiations

Chemicals and cathodes giant BASF announced that it has entered into exclusive negotiations with Russian nickel behemoth Norilsk Nickel for the supply of nickel and cobalt for the next generation of battery cathode materials, to be produced in Europe. In a press release dated 27th June, the world’s leading chemical company highlighted their intention to … Continue reading BASF targets cathode supply security with Norilsk nickel & cobalt negotiations

China’s battery push and Elon Musk’s Tesla – Benchmark quoted in Bloomberg article

Benchmark Mineral Intelligence was recently quoted in an article written by Bloomberg News renewable energy correspondent, Joe Ryan. The article focuses on lithium-ion battery production in China, and in particular how despite Elon Musk and Tesla attracting many of the headlines, their plans modest when compared to China. By 2020 installed lithium-ion cell production capacity … Continue reading China’s battery push and Elon Musk’s Tesla – Benchmark quoted in Bloomberg article