International Energy Agency (IEA)’s Post

This chart from International Energy Agency (IEA) illustrates how prices of certain #criticalminerals have decreased following an investment boom. However, this trend has generated both positive and negative aspects.

Be expecting to see a lot more of this kind of thing in the future. A lot of people are going to lose a LOT of money speculating on raw materials for the transition that are NOT rare, and for which substitutions are available. If you're clever, though, there are real materials-related growth opportunities in a decarbonized future. You must need to put aside the Malthusian shortage #hopium pipe, and think more clearly. There are no meaningful materials-related impediments to the transition away from fossil fuels. No magic element we can't do without. No, lithium isn't "the new oil", and never was. And in a decarbonized future, we'll mine LESS mass, because we won't be burning it and throwing it into the atmosphere any more.

📉 In 2023, prices for key minerals used in clean energy technologies, such as lithium, copper, and nickel, fell as supply outpaced demand. However,  the International Energy Agency (IEA) report highlights the urgent need for increased and diversified investment to meet global energy and climate objectives.    Read more below 👇

The IEA's 2024 Outlook highlights the sharp drop in critical mineral prices in 2023, easing production costs for #battery #storage technology. However, significant and diversified investments are still needed to meet future demand and #climate goals. As the market size for key energy transition minerals is set to more than double by 2040, securing a stable and #sustainable supply chain is crucial. As a professional #battery #energy storage technology research and development and production manufacturer, #Vilion's focus must include innovation, #recycling, and diversifying sources to mitigate risks and ensure resilience in the evolving clean #energy landscape. This strategic approach will position us to capitalize on growing market opportunities.

The world’s #lithium miners — facing an unprecedented demand surge and wild price swings — are shaking up the way the commodity is bought and sold. For now, there’s a patchwork of spot price references — and nascent futures markets — but little consistency on how to value each unit of lithium as it flows along a supply chain from mines to #EV. Albemarle, the #battery-material producer, has held a series of auctions since March where potential buyers compete for cargoes via bids. “The auctioning of lithium does two things,” said Przemek 🔋 Koralewski, global head of market development at price reporting agency Fastmarkets. “It allows miners to get the price of the day and it means that the contracts on which most material is sold is truly reflective of market dynamics.” https://lnkd.in/giqeKuAZ w Yvonne Yue Li Mark Burton Martin Ritchie

According to S&P Global Commodity Insights, Argentina could be the epicentre of global lithium supply, as it is the world's 4th largest lithium producer and has the second largest lithium resources globally. Read the article here: https://lnkd.in/gCarZE-Y #Argentina #Lithium

Following news reports that Albemarle Corporation has selected the Metalshub sales solution for managing lithium tenders, several news outlets have been reporting about the results of the first tender. We at Metalshub are firm believers in transaction based price discovery…market prices should be determined by supply and demand. Liquid spot markets with transactions at outright prices are fundamental to make this happen. https://lnkd.in/dxQA3z5f #lithium #price-discovery

Pilbara Minerals lights up lithium market with another long-term deal https://lnkd.in/gNvuZ79j Subscribe: www.americansalars.com $USLI.c 🇨🇦 #LithiumInvesting #BatteryTechStocks #GreenEnergyInvestment #EVStocks #LithiumMarket #RenewableEnergyStocks #CleanTechInvesting #SustainableInvesting #MiningStocks #electricvehicleinvesting #fyp #foryoupage #foryoupage

It's not only lithium that makes the wheels go round.... Cobalt is another critical mineral in the EV battery supply chain and it's just hit a milestone of 1,000 lots of open interest. CME Group announced earlier this week that the open interest of the entire battery raw materials suite reached 50K contracts. It's worth highlighting that cobalt hydroxide futures have seen more liquidity this month and have reached a new record open interest of 1,000 lots, less than a year since the contract launched. --------------------- Cobalt futures are available for trading on CME Group, SGX Group Commodities and London Metal Exchange. Some of the worlds most active brokerages are involved in these markets, including Freight Investor Services, SSY, SCB Group, GFI Group, TP ICAP. 🔔 Follow me for more content about commodity markets!

It comes as no surprise that trading volumes for rare earth minerals derivatives, essential for battery storage systems and EVs, have surged in recent years. In an environment characterized by high interest rates, increasing labor costs, and uncertainties surrounding both supply and demand, the appeal of returns in new mining projects appears diminished for prospective investors. The ability to manage commodity price risks could prove instrumental in attracting much-needed investment and capital expenditure to support the world's ambitious energy transition goals. https://lnkd.in/eTHUiNPU