How to manage strategic uncertainty in the battery raw materials market
Fastmarkets' checklist for corporate development leaders
As a corporate development leader, you’re well aware of supply chain disruptions and challenges, but every team has its blind spots. This is especially true in such a volatile market. Use our checklist to ensure business success in the rapidly evolving battery materials market. Examine key questions including:
- How well does your team understand the battery materials market?
- Are you up-to-date with who the biggest players are, and what new resources are being developed today?
- Does everyone in the team have access to accurate battery materials forecasts and insights?
- Do you have visibility over supply and demand forecasts for strategic planning?
- How do you collect insights and data on the battery materials market? How much coverage does it provide?
The government of Finland was ramping-up support for its burgeoning battery materials supply chain through grants for facilities owned by Easpring Finland New Materials and Fortum Battery Recycling, the firms said on Thursday July 10.
In the weeks following confirmation that the cobalt market will face an additional three months of no exports from the Democratic Republic of Congo (DRC), metal prices have consolidated as participants point to the future for bullish sentiment.
Despite the current headwinds, strategic partnerships and continued investment in the right areas, coupled with the underlying strong long-term demand fundamentals, will pave the way for success for lithium producers, according to the participants of the executive panel during the Fastmarkets Lithium Supply and Battery Raw Materials Conference, which took place from June 23-26 in Las Vegas, Nevada.
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