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Covid-19 lockdowns in China together with the geopolitical impact of the Ukraine-Russia war continue to dampen demand for EVs battery raw materials such as graphite; logistical issues and high container costs are also creating supply-side concerns
Constrained EV demand causes further Chinese cobalt sulfate price weakness, which has started to push hydroxide payables lower, despite additional supply issues affecting exports from southern Africa
What are the greatest risks to the battery raw materials market and supply chain in 2025-2030?
DRC minister, Julien Paluku Kahongya, says regulation of artisanal mining is the way forward to ensure sustainable and ethical cobalt production for the battery raw materials market
In the face of a worsening supply deficit for key battery raw materials including lithium and cobalt, battery producers are seeking new ways to secure raw materials for electric vehicle batteries
Participants in China’s battery raw materials market are still struggling to recover from the latest Covid-19 outbreak in the country and the related lockdown measures imposed to prevent further spread of the virus
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