The Battery Metal Really Worrying China is Lithium, Not Nickel

An aerial view showing a specialised barge sitting on a salt lake retention pond while pumping residuals on the bottom of the pond to nearby storage facilities in Golmud, China on 23 July, 2018. Operated by the Qinghai Salt Lake Group, the salt lake is an abundant source of minerals such as Potassium, Magnesium, and Litiuhm.  Photographer: Qilai Shen

Nickel has captured much of the limelight among battery metals in recent weeks, and understandably so. Wild price swings, including an unprecedented 250% advance over two trading sessions amid a short squeeze, and concerns tied to Russia’s role as a key supplier have added to longstanding worries among automakers about securing enough of the material.

Even so, it’s another metal that’s been causing concern in the world’s largest electric vehicle market. 

China’s government last month hauled in a whole range of market players for two days of talks focused on halting a breakneck run-up in lithium, the metal that’s vital for almost all rechargeable batteries and critical to the roll-out of emissions-free cars and clean energy.

Read More >

More News & Insights

Unnamed (1)

Event Recap

A BENS delegation visited USCG District7 and HSI Miami.

Unnamed

Event Recap

On November 21st, General Daniel R. Hokanson, Chief of the National Guard Bureau, visited BENS Members in Chicago. GEN Hokanson discussed that with long-term and multiple deployments to combat theaters…

1669037905545

BENS Member Shaun Modi

Capitol, a health care data AI startup led by former Airbnb design lead Shaun Modi, tells Axios that it’s raised $10 million in seed funding led by 468 Capital. Why…

Receive BENS news and insights in your inbox.