Get the latest on lithium, cobalt, nickel and more from our team of battery raw materials experts.
When battery manufacturers are planning a new production facility, they consider a number of factors to ensure a successful and efficient operation. Here are five key issues they address: Site Selection and Infrastructure: Choosing the right location for a new production facility is crucial.
China does not boast an abundance of battery metal deposits but ranks first largely due to its control over 80% of global raw material refining capacity. Additionally, China is the world’s largest producer of graphite, the primary anode material for Li-ion batteries.
Get up-to-speed with our battery raw material prices, news, trends and forecasts. The price of lithium is falling, but some Western companies have recently announced more investments in the Lithium Triangle – a region of South America comprising parts of Argentina, Chile and Bolivia.
Graphite is used as the anode material in lithium-ion batteries. It has the highest proportion by volume of all the battery raw materials and also represents a significant percentage of the costs of cell production.
Of course, battery materials are just one part of the EV revolution and the LME is home to many of the metals and materials which underpin it. Almost every industrial metal you can think of is used by the EV industry in some way, from aluminium through to zinc.