Chinese battery company SVOLT filed for a $2.1 billion initial public offering on the Shanghai Stock Exchange this week, becoming the last of China’s six largest battery manufacturers to list. The company said it intends to sell 25% of its shares and raise 15 billion RMB ($2.1 billion) for the expansion of new plants in […]
> 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 […]
> China has postponed the implementation of its expanded rare earth export controls announced in early October following high-level US-China trade negotiations in South Korea this week. It marks a temporary easing in what had become an escalating front in the tit-for-tat US–China trade confrontation. The announcement follows extensive economic and trade consultations in Kuala Lumpur, […]
> Between January and May this year, 220 gigawatt-hours (GWh) of gigafactory 2030 pipeline capacity has been cancelled or postponed, according to Benchmark’s Gigafactory Assessment. This comes despite increasing demand for batteries from the electric vehicle and energy storage markets. Benchmark’s Lithium ion Database forecasts that battery demand will triple from 1.3 terawatt-hours (TWh) in 2024 […]
> 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 […]
> China’s Ministry of Industry and Information Technology (MIIT) has unveiled stricter listing requirements for new energy vehicles (NEVs), set to take effect from 2026. Vehicles must meet these revised specifications to qualify for inclusion on the official MIIT listing, a prerequisite for receiving favourable tax treatment. How will the new PHEV rules affect the market? From […]
> 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. […]
> Cobalt prices jumped 10%–20% on the first trading day after China’s Golden Week holiday last week, amid deepening concerns over stock availability following the implementation of the Democratic Republic of the Congo’s (DRC) new export quotas. Market participants reported to Benchmark last week that cobalt sulphate was trading at RMB 65,000–75,000/t ($9,170–10,580/t), up from RMB 60,000–62,000/t before the break. […]
> Benchmark Mineral Intelligence will continue publication of its existing Synthetic Graphite Anode High Energy and Natural Graphite Anode High Energy price assessments, reversing the previously announced specification change which took effect on 15 October 2025. In compliance with IOSCO principles, this followed Benchmark’s public consultation on the proposed change on 8 September 2025. Following additional […]