As the demand for battery materials continues to grow, those in procurement are facing a huge challenge: making sure they can get a steady and reliable supply of battery materials

In the ever-expanding world of electric vehicles (EVs), industry players face three key challenges; securing a reliable supply of battery materials, determining the most cost-effective battery chemistry and navigating the impact of current price momentum on profit margins.

Lithium iron phosphate (LFP) batteries are expected to take the largest market share in the next 10 years, driving the need for more pricing transparency across the chemistry’s supply chain

South Korea plans to reduce its reliance on countries such as China when it comes to sourcing materials - including critical minerals such as graphite and rare earths - to avoid potential supply chain disruptions.

Read more on how we are bringing transparency to the LFP battery market

This recommendation, along with others like promoting domestic battery recycling and research funding for alternative battery chemistries, is part of a larger strategy to enhance US resilience in strategic areas

South Korea will provide $29 billion in funding to help local electric vehicle (EV) battery producers diversify their supply chains over the next five years, the government said on Wednesday December 13.

Spodumene concentrate prices have collapsed amid downstream pressure on lithium chemicals prices and weak physical demand for material on a spot basis ahead of the year-end

Pilbara Minerals will start to commission its joint-venture lithium hydroxide facility with Posco Holdings late in the current quarter, and will ramp-up activity through next year, the company’s chief executive officer has said

Fastmarkets has launched daily inferred prices for black mass in South Korea and Europe, starting on Friday December 8.