High nickel cathode chemistries have seen robust growth in recent years and are forecast to continue to grow in popularity, as demand for more powerful electric vehicle batteries continues to increase. But production of the lithium, nickel, manganese, and cobalt (NCM) cathode chemistry with the highest nickel content, NCM 811, is not expected to keep […]
> 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 […]
> 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.
> 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 […]
> Lithium iron phosphate (LFP) retained its dominant position in the global cathode market on strong demand from China’s stationary storage sector and fast-growing electric vehicle (EV) market in 2024. Mid-nickel’s resurgence As leading Chinese high-nickel NCM producers opted to cut production on slowing demand in 2024, conversely the foremost producers of high-voltage, mid-nickel NCM rapidly […]
> 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 […]
> Global mined rare earth supply in 2024 was six times higher than in 1994, according to an analysis by Benchmark’s Rare Earths Forecast and the United States Geological Survey. Back then, China and the US constituted the majority of supply. However, repeated spills of toxic wastewater into the Mojave National Preserve from the Mountain Pass […]