Abstract

Lithium ion batteries are central to the energy transition and rapid expansion in battery production is already straining existing supply of key battery metals. Looking ahead, the industry is facing unprecedented raw material demand forecasts which would have been unimaginable even 5 years ago.  The challenge is clear and, set within an intense geopolitical context,  the race is on for countries and companies to excel.

This presentation by Benchmark Minerals will include insight into the existing scale of the industry and the predicted scale as  the imperative transition to electric vehicles is made. The required supply of battery metals will be discussed, including "the what, the when and the where" of each metal which together will drive the demand picture for sulphuric acid within the lithium ion battery space. The industry is under constant technological development and the presentation will also touch upon the key chemistry drivers for battery metal demand, the role of recycling and the alternative technologies in development which hold the potential to alter the path of the industry.