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Benchmark launches Li-ion Battery Raw Material Price Index

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The index covers the following battery chemistries: NCM MID-NICKEL. Lithium hydroxide (CIF Asia). Nickel sulfate (CIF Asia). NCM HIGH-NICKEL. Lithium hydroxide (CIF Asia). Nickel sulfate (CIF Asia). Battery grade lithium carbonate (EXW China). Cobalt hydroxide (CIF Asia). Manganese sulfate.

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Government of Canada, Québec invest in GM-POSCO CAM plant in Québec

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CAM are key battery materials that consist of components such as processed nickel, lithium and other materials that make up about 40% of the cost of a battery. The federal government is investing through the Strategic Innovation Fund’s Net Zero Accelerator initiative to support GM-POSCO’s more than $600-million project.

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ARPA-E to award up to $44M to develop net-zero or net negative processes to grow minerals supply chain: MINER

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The program—Mining Innovations for Negative Emissions Resource Recovery (MINER)—is administered by DOE’s Advanced Research Projects Agency-Energy (ARPA-E) and aims to develop commercially scalable technologies that would enable greater domestic supplies of copper, nickel, lithium, cobalt, rare earth elements, and other critical elements.

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GM signs major Li-ion supply chain agreements: CAM with LG Chem and lithium hydroxide with Livent

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CAM is a key battery material consisting of components such as processed nickel, lithium and other materials representing about 40% of the cost of a battery cell. GM now has contractual commitments secured with strategic partners for all battery raw material to support our goal of 1 million units of EV capacity by the end of 2025.

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ARPA-E awarding $39M to 16 projects to grow the domestic critical minerals supply chain

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The selected projects, led by universities, national laboratories, and the private sector aim to develop commercially scalable technologies that will enable greater domestic supplies of copper, nickel, lithium, cobalt, rare earth elements, and other critical elements. Harvard University. Pacific Northwest National Laboratory.

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GM joins IRMA to certify sustainability and human rights in EV supply chain

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Given the critical role of EVs in reducing the carbon footprint of the transportation sector, GM says it is committed to the responsible sourcing of the mined materials needed for EV production. As automotive battery demand expands globally, access to battery materials is of increasing importance.

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Tsinghua researchers conclude surging lithium price will not impede EV boom

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From December 2020 to April 2022, the Chinese spot market has seen a price increase by 830% for lithium carbonate, 100% for cobalt sulfate, and 60% for nickel sulfate, with their per-ton prices rising to $73,000, $18,000, and $7,000, respectively. Develop substitutions and manage battery demand.

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