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

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


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