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Lithium’s Price Paradox
The introduction of new supply has seen a gradual correction in the lithium market over the past 18 months, but despite the majority of new chemical projects being slow to deliver, share prices and investor sentiment remain tied to short-term price trends rather than underlying market fundamentals.
With capital markets … Read more
After cobalt, industry focus shifts to other battery minerals in responsible sourcing
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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 Wesfarmers
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
BMW announces it will buy cobalt directly from Australia and Morocco
BMW has announced that it will buy cobalt from mines in Australia and Morocco as it makes further steps towards securing its supply of battery raw materials.
This follows on from BMW’s announcement in September last year that it had agreed a five-year supply arrangement to source lithium hydroxide from … Read more
Cobalt sourcing risks remain high on the agenda
By RCS Global Group
The Democratic Republic of Congo (DRC) is estimated to supply two thirds of global cobalt used for battery manufacturing. Unfortunately, the country also constitutes one of the weak links in responsible global supply chains. This past month is no exception although efforts by different stakeholders are … Read more
New York, Toronto, Chicago, San Francisco, Vancouver await Benchmark World Tour ’19
The Benchmark World Tour 2019 is on its way to North America.
In its fifth year, our free seminar series on the lithium ion battery to electric vehicle and energy storage supply chain has become the world’s leading forum of its kind.
Our North America leg will be our biggest … Read more
Vivas Kumar joins Benchmark Minerals from Tesla
Released: 08 April 2019 |
LONDON, UK | Benchmark Mineral Intelligence (Benchmark Minerals) is delighted to announce that Vivas Kumar has been appointed Principal Consultant. Vivas joins from Tesla, one of the world’s foremost electric vehicle (EV) and lithium ion battery producers.
Vivas was responsible for building Tesla’s lithium ion … Read more
Volkswagen leads auto majors’ charge into lithium market
Volkswagen (VW) has taken a major step in securing the future of its bold electric vehicle (EV) production targets by locking in a long-term lithium supply deal with China’s Ganfeng Lithium.
While the details of the MOU have not been disclosed, the company said it would provide the foundation for … Read more