Leading South Korean cathode producer, EcoPro BM, is contemplating scaling back cathode capacity expansion plans, amidst a global slowdown in electric vehicle (EV) sales growth that is pressuring margins across the battery supply chain. In its second-quarter results released in late July, EcoPro BM reported a 15% year-on-year decrease in battery material revenue, attributing the […]
> South Korea’s battery industry is one of the most developed and globally integrated ecosystems in the world. Yet beneath the surface of its technical leadership lies a sense of caution: competition from China is intensifying, margins are thin, and chemistry choices are shifting rapidly. A recent visit by Benchmark’s Lithium Product Director, Cameron Perks – […]
> Lithium chemical prices spiked in China on Monday following a bullish speech by the chairman of Ganfeng – the world’s third-largest lithium producer – in which it was suggested that lithium demand growth could reach 30% in 2026. In a keynote speech on 16 November at the 10th International Summit on Power Battery Application in […]
> Benchmark hosted its inaugural Giga Africa event in Marrakesh, Morocco in September, featuring delegates from across the battery supply chain. Over the many conversations and discussions held about Africa’s place in the global battery supply chain, several key themes emerged: Explore these topics in the words of Giga Africa’s expert speakers and panellists.
> US President Donald Trump this week secured major investments in US-based projects from Japan and South Korea covering critical minerals, stationary storage, and other high-priority sectors, as part of trade agreements to lower US tariff barriers. The trade deals come ahead of a high-level meeting between President Trump and Chinese President Xi Jinping – the […]
> Benchmark Mineral Intelligence today announced the commercial launch of its new 314Ah lithium iron phosphate (LFP) cell price for energy storage applications. The announcement comes as global LFP battery cell prices show signs of recovery, following a marked rebound in lithium carbonate costs and tightening supply conditions across the battery materials market. Benchmark’s Head of […]
> The Indonesian government is proposing what ministers have termed “regulatory tweaks” aimed at promoting the adoption of nickel-based batteries over lithium iron phosphate (LFP), in a move that aligns with the government’s broader policy to ‘downstream’ its nickel resources by establishing a fully-integrated domestic EV supply chain. While details of the new policy framework are […]
> Lithium ion battery imports are an important part of the US’ domestic BESS industry. Historically, China has been the largest source of imported cells to the US, however this trend appears to be changing as US imports from China have fallen drastically in recent months. Why are China imports falling? From its peak in December […]
> The Indian government has acknowledged that black mass exporters are circumventing hazardous waste export rules through the use of unrelated HS codes. Under current regulation, black mass can only be exported from India under a certain HS code once the exporting company has received an export control licence and further permissions from the Indian government. […]