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Benchmark Mineral Intelligence
@benchmarkmin
Mine to grid battery supply chain intelligence. Trusted data, global coverage, and the largest analyst team specialising in energy transition supply chains.
Global
Joined July 2014
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    📉Benchmark's Global Weighted Average Lithium Ion Battery Cell Price falls 8.7% in August to dip below $100/kWh, representing the first time the Global Weighted Average Cell Price has fallen below this threshold since August 2021. This decline can be attributed to the downward
    Benchmark's Global Weighted Average Lithium Ion Cell Price
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    More than 300 new mines could need to be built over the next decade to meet the demand for electric vehicle and energy storage batteries, according to a Benchmark forecast. benchmarkminerals.com/membership/mor…
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    🚨 $514 billion investment required across the global battery supply chain to meet expected demand in 2030. Benchmark has analysed the investment required for #criticalminerals, #batterymaterials and #batteries. Read the full insight ➡ lnkd.in/epD2SaCU Demand for
    Benchmark Infographic - How much investment is needed to finance the battery arms race?
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    Global capacity for #lithium metal production is insufficient to support the growth of the #lithiummetal battery industry, according to Benchmark's Solid State and Lithium Metal Batteries Forecast. If all suitable lithium metal produced in 2024 was used for lithium metal
    Lithium metal surplus/deficit (GWh)
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    President Biden’s seeks to replace over 600,000 Federal Government vehicles with American Made EVs with new “Buy American” Executive Order
    Pres. Biden: "The federal government also owns an enormous fleet of vehicles, which we're going to replace with clean electric vehicles made right here in America, by American workers." abcn.ws/3c8ZMDn
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    CONFIRMED: lithium ion battery megafactory #41 - LG Chem, Nanjing, China, Plant 2, 32GWh by 2023. Construction: started. Expected Startup: Q4 2019. From @benchmarkmin Megafactory Tracker
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    "We saw batteries become more than 50% of the cobalt market back in 2016. We saw batteries become more than 50% of the #lithium market in 2018. We're now projecting that by the end of next year batteries will be the number one leading market for #graphite as well."
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    North America and Europe want to develop local battery supply chains, but this chart highlights the scale of the challenge - especially in the processing of battery minerals.
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    FREE-TO-READ: The world will need more than twenty times the amount of #lithium than was mined last year to meet demand by mid-century, according to new data from Benchmark Mineral Intelligence, driven by growth in energy storage and electric vehicles. benchmarkminerals.com/membership/lit…
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    CHINA'S BATTERY DOMINANCE: China controls at least half of the supply of most steps needed to make a lithium ion battery for electric vehicles, with the exception of mining raw materials. benchmarkminerals.com/membership/chi…
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    Benchmark introduces Battery & EV metals prices to The Wall Street Journal “Offering base prices for lithium, nickel, cobalt, graphite to ⁦@WSJ⁩’s mainstream audience cont our commitment to mainstream education of lithium ion - EV supply chain” benchmarkminerals.com/membership/ben…
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    ⛏️ Saudi Arabia enters nickel mining, lithium could be next.. Saudi Arabia has struck a $3.5 Bn deal with Brazilian miner Vale for 10% of its #copper and #nickel base metals division, marking the oil power’s first entry into #batterymetals mining. ⬇️
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    Exclusive: Elon Musk and Tesla give Panasonic a 2TWh / 2,000 GWh lithium ion battery mandate. #EV 🌎 Tesla lays down 2 TWh battery challenge to Panasonic | Benchmark benchmarkminerals.com/membership/tes…
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    What’s going on with #lithium prices? Read 5 reasons why the market is likely to stay tight in 2023: 📰Contracts will rise further 📈Spod still rising ⛏️New supply takes time 🇨🇳China lithium will be high-cost 🔋Demand outlook robust