Just two companies are consistently producing the advanced form of lithium iron phosphate (LFP) cathode material that China has proposed technology export restrictions on. Fulin Precision (also known as Jiangxi Shenghua) and Hunan Yuneng have the technology and capability to consistently produce this advanced LFP cathode active material, known as generation IV LFP. The proposed […]
> In the third quarter of 2025, 18 of the largest 25 copper miners reported quarter-on-quarter decreases in their output, including the top four miners. The total Q3 copper production reported by the top 25 miners hit 3.72Mt. “In the third quarter, many companies saw lower production compared to the previous quarter. However, most did not […]
> The cobalt market is coming to terms with a new reality following the DRC’s decision to extend its ban on cobalt exports in June until at least September. Whilst the ban has been in place since late February – after which the market saw an immediate step-change in pricing – the impact on China’s cobalt […]
> In the first half of 2025, the global BESS battery market showed clear signs of accelerated growth, with cell shipments in the first six months of 2025 surpassing the total volume of 2023 by over 17%. Explore how the top 10 ESS cell producers has evolved since 2023 in the interactive graphic below. Previously we examined the top BESS […]
> Chinese cathode material producer Lopal has signed a RMB 7 billion ($963 million) deal to supply CATL with lithium iron phosphate (LFP) cathode material in 2025. In addition to purchasing cathode material, CATL will supply Lopal with lithium materials such as mica concentrate or lithium carbonate up to a value of RMB 1.32 billion ($182 […]
> Since January 2025, 108GWh of LFP production capacity has been announced in North America through to 2030, bringing the total to 281GWh. These announcements have been driven by the increasing importance of the BESS industry in the US, as tax credits for EVs have been phased out. How is future capacity changing? The new capacity […]
> 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.
> Benchmark Mineral Intelligence, specialising in EV supply chain research and insights, reports that 1.9 million electric vehicles were sold globally in October 2025. Rho Motion Data Manager, Charles Lester, commented: “Global EV sales reach 1.9 million units in October 2025, marking a 23% increase year-to-date. Europe led regional growth with a 36% year-on-year increase, driven […]
> Escalating unrest in Mali, as jihadi groups target fuel convoys around the capital Bamako, has led several governments including France and the US to advise their citizens to leave the country. The attacks have created fuel shortages, and raised serious concerns around the military government’s ability to maintain its rule in the country. Mali is […]