Concerns about access to phosphate, a mineral input for lithium iron phosphate (LFP) battery cathodes, are driving Chinese battery producers to invest in Morocco, where 70% of the known global rock phosphate reserves are located. Cell maker Gotion High Tech and battery chemicals producers Sichuan Yahua Industrial Group and Guangzhou Tinci Materials have all announced […]
> 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 – […]
> US President Trump and Australian Prime Minister Anthony Albanese have signed a landmark Critical Minerals Framework to bolster both nations’ access to rare earths and other critical minerals, in an effort to counter China’s dominance over strategically important supply chains. The framework indicates that the two governments will utilise a range of policy instruments to […]
> The Trump administration is stepping up direct investments in critical mineral projects to bolster US supply security, as part of a broader push by Washington to acquire equity in sectors considered vital to national security. Last week, the US Department of Energy (DoE) announced it would restructure a $2.3bn loan agreement with Lithium Americas, providing […]
> Benchmark Mineral Intelligence, specialising in battery supply chain research and insights, reports that 12.7GWh of new operational capacity entered operation in October 2025. Operational Capacity The grid-scale BESS market saw 12.7GWh of new capacity enter operations globally in October 2025, a y-o-y increase of 29%. China led new operational capacity with just under 8.8GWh of […]
> The global weighted average price for lithium ion cells fell to an over three year low in July mainly due to a continued decline in lithium and other key battery raw material prices so far this year. The latest global average cell price for lithium ion cells fell 4.8% month-on-month to $71.2 per kilowatt hours […]
> 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 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 […]
> Benchmark has promoted Chinese cell producers CALB, EVE Energy, SVOLT, and Gotion to Tier 1 status. This follows sufficient evidence that these companies have met the offtake requirements to qualify as Tier 1 producers. Namely, they have been assessed as supplying multiple multinational passenger EV OEMs outside the Chinese market. CALB CALB has an active […]