📉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
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Mine to grid battery supply chain intelligence. Trusted data, global coverage, and the largest analyst team specialising in energy transition supply chains.
- 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…
- 🚨 $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
- 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
- President Biden’s seeks to replace over 600,000 Federal Government vehicles with American Made EVs with new “Buy American” Executive OrderPres. 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
00:00 - 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
00:00- 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.
- 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…
00:00 - 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…
- 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…
- ⛏️ 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. ⬇️
- 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…
- 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









