Understanding supply chain security in the battery materials market

How secure is your battery materials supply chain? Find out below

As the demand for battery materials skyrockets, procurement professionals are facing a pressing challenge: ensuring a stable and reliable supply. In this rapidly evolving landscape, having actionable insights is key. It enables your business to make informed decisions, secure your supply chain and stay ahead in the fiercely competitive battery materials market.

Are you confident in the resilience of your supply chain?

As a procurement professional, you’re well aware of the importance of reliable data and insights, but every team has its blind spots. This is especially true in such a volatile market. Use our checklist to better understand what you could be missing out on in the rapidly evolving battery materials market. Examine key questions including:

  • Do you have visibility over supply and demand forecasts for strategic planning? 
  • Are you informed on the dynamics of battery material prices to leverage short-term opportunities?
  • Are you able to set accurate cost expectations by keeping up with price changes?
  • Are you looking at other alternatives to diversify your battery materials supply?
  • Is your supply protected from price risks?
Find out what else is happening in the battery raw materials market

Read the key takeaways from a recent conversation on Fast Forward podcast with Vedanta Resources CEO, Deshnee Naidoo, and Andrea Hotter

Spot prices for lithium iron phosphate (LFP) black mass and battery scrap rose during the week to Thursday November 13, driven by a sharp increase in Chinese lithium carbonate prices, sources told Fastmarkets.

Vedanta Resources’ Konkola Copper Mines (KCM) in Zambia is set for a major revival, after years of under-investment and political uncertainty. The move is being driven by a convergence of capital, government support and shifting geopolitics, according to a senior executive at CopperTech Metals.


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