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Roskill: graphite prices could push higher on tightening markets for batteries & electrodes

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Near-term targets are still substantial at 160-180 ktpy of production in 2018 and 250-300 ktpy in 2019, although it is still too early to tell if the 2018 target will be achieved following minor setbacks to processing ramp-up early in the year, Roskill said. Other projects are also planned in Austria, Canada, India, Russia and the US.

Price 207
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Roskill: Cobalt demand to grow steadily over the next decade

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Consequently, prices started to retreat from mid-2018 and fell to a three-year low of $13/lb in July 2019. Overall, cobalt demand in 2020 is forecast to be broadly in line with 2019, slowing down from the historical average growth rate. Meanwhile, said Roskill, the supply side has been so far more severely impacted by the pandemic.

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Roskill: Spread of COVID-19 threatens cobalt supply; bottlenecks out of DRC

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Roskill has so far recorded the closure of 21 operations as a result of the outbreak, including: Vale’s Voisey’s Bay and Glencore’s Sudbury in Canada; Ambatovy in Madagascar; Coral Bay and Taganito in the Philippines; CTT in Morocco. Roskill will update its Cobalt: Outlook to 2029 report, published in August 2019, in May.

Supplies 307
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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

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The African Continental Free Trade Area (AfCFTA) is a free-trade area covering 54 African Union nations, which came into force on 30 May 2019 and effectively went operational on 1 January 2021. —James Frith, head of energy storage at BNEF. The AfCFTA agreement has the potential to create the largest free-trade area in the world.

Africa 221