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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?

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Find out what else is happening in the battery raw materials market
DRC logistical issues remain in focus for cobalt supply chain

Market participants in the cobalt supply chain continue to face logistical hurdles when looking to ship out material from the Democratic Republic of the Congo (DRC) to the port of Durban in South Africa

April 3, 2023
 · 
By: the Fastmarkets team
Anode recycling sector starts to develop ahead of expected demand boom

The expected explosive growth in the use of lithium-ion batteries (LIBs) means that the recycling of battery raw materials will become increasingly important both economically and environmentally, but development of the anode side of the battery continues to lag behind the cathode

April 3, 2023
 · 
By: the Fastmarkets team
Battery and wire installed on electric system of car engine
China’s GEM plans precursor JV in South Korea in response to trade barriers

GEM, China’s battery material producer, has signed a memorandum of understanding with SK on and ECOPRO Materials to establish a joint venture (JV) precursor plant in South Korea

March 31, 2023
 · 
By: the Fastmarkets team
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