Five battery raw materials should be observed in 2020
Battery commodities should be given special attention in 2020. 2019 was a year largely marked by falling prices and disappointing performance in both the EV (electric vehicle) and consumer electronics sectors, according to research firm Wood Mackenzie on Monday. But interest in electrification shows no signs of diminishing. The value chain of a [...]
Read more
ISE - Battery Metals News September 2019
ISE - Batteriemetalle News September 2019 After years of soaring cobalt prices shortly before reaching US $ 100.000 per ton, the price curve took a turn in March of last year. Glencore's decision last month to shut down the world's largest cobalt mine brought new life to the market, but so far the [...]
Read more
Can the metal supply keep up with the demand for electric vehicles?
Battery raw materials could suffer from supply bottlenecks in the mid-2020s There is a complex chemistry of metals in every electric vehicle battery - cobalt, lithium, nickel and more. The electrification of transport is changing the demand and supply of these battery raw materials. In fact, we expect double-digit growth in battery raw materials for the next decade. And our recent research suggests [...]
Read more
Glencore Semi-Annual Report 2019
Highlights Glencore's Chief Executive Officer Ivan Glasenberg stated, “Our performance in the first half reflected a challenging economic environment for our raw material mix, as well as operating and cost reductions in our start-up / development assets. Adjusted EBITDA decreased 32% to $ 5,6 billion. “The rest of our business, however, stayed strong and performed well. Without [...]
Read more