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Benchmark Mineral Intelligence

Benchmark Mineral Intelligence is a price-reporting agency and research consultancy specialising in battery raw materials, critical minerals and the electric vehicle supply chain. The company is headquartered in London, with additional offices in the US and Asia, and provides price assessments, market intelligence and forecasting for lithium, cobalt, nickel, graphite, rare earths and other materials essential to energy storage and electrification. Benchmark's price indices and data are widely used by miners, battery manufacturers, automakers, traders and investors to track market fundamentals and inform commercial decisions. The firm publishes regular reports on supply, demand and capacity trends across the battery metals value chain, from mine production through refining to cathode and cell manufacturing. It also organises industry conferences and maintains proprietary databases on projects, facilities and cost curves. Benchmark competes with other commodity price-reporting agencies such as Argus Media and Fastmarkets in the critical minerals space. The company has expanded its coverage in response to the rapid growth of the lithium-ion battery sector and the increasing strategic importance of securing supply for the energy transition. Benchmark Mineral Intelligence was founded in 2014 to address the lack of transparent pricing and market data in the emerging battery materials industry.

Benchmark Mineral Intelligence News


Lithium brines
At least $100bn of investment for 134 new lithium mines is needed for 2050 demand
22nd October 2026 By: Marleny Arnoldi

To meet 2050 lithium demand, the equivalent of 134 new lithium mines will be needed, says supply chain researcher Benchmark Mineral Intelligence. This equates to a new mine every two months for the... 


Nolans project
Arafura inks binding five-year NdPr offtake agreement
12th October 2026 By: Marleny Arnoldi

ASX-listed Arafura Rare Earths has secured a binding five-year offtake agreement with a leading global raw materials trading company to supply 850 t/y of neodymium and praseodymium (NdPr) oxide.... 


Copper cathodes on a train
US imports more Congo copper as consumer acceptance grows
7th September 2026 By: Reuters

US buyers are increasingly turning to copper from the Democratic Republic of Congo, helping drive record imports from the African producer as industrial consumers capitalise on discounts to... 


Rare earths
Scoping study on Brazilian Rare Earths' Rocha da Rocha project confirms lowest-cost Western supply opportunity
13th August 2026 By: Marleny Arnoldi

ASX-listed Brazilian Rare Earths' newly published scoping study on the Rocha da Rocha rare earths project, in Brazil, particularly its anchor Monte Alto deposit, finds the potential for... 


Copper smelting
Chinese copper smelters baulk at spot-indexed ore pricing proposal
29th June 2026 By: Reuters

China's copper smelters are pushing back against a proposal from miner Antofagasta to link prices of raw material concentrate under term contracts to the spot market fearing the move will hit their... 


CME looks into launching first ever rare earth futures contract, sources say
CME looks into launching first ever rare earth futures contract, sources say
12th February 2026 By: Reuters

CME Group is working on a plan to launch the world's first futures contract in rare earths, three sources with knowledge of the matter told Reuters, in a move that would allow governments,... 


How tight supply, AI demand propelled copper towards $12 000
How tight supply, AI demand propelled copper towards $12 000
15th December 2025 By: Reuters

Copper is closing in on the $12 000 a metric ton mark as expectations of soaring demand from data centres that power artificial intelligence and tight supplies collide with shortages outside the... 


An image of lithium in a hand
Oversupplied rare earths market faces uneven investment trends
5th December 2025 By: Nadine Ramdass

While the rare earths market is currently oversupplied, US efforts to diversify supply away from China are driving investment for some minerals, while other minerals encounter constrained... 


China's copper exports boom on rising arbitrage, supply
13th November 2025 By: Reuters

Chinese copper exports are on pace to set a record in 2025, with October shipments set to exceed 100 000 metric tons for only the third time ever, as rising domestic supply and higher foreign... 


NextSource plans $291m graphite anode plant in Abu Dhabi
NextSource plans $291m graphite anode plant in Abu Dhabi
2nd October 2025 By: Mariaan Webb

Canada-listed NextSource Materials has unveiled plans to build a $291-million battery anode facility (BAF) in Abu Dhabi, positioning itself as the largest anode producer outside Asia and a key... 


Grasberg mine accident tightens global copper supply estimates
Grasberg mine accident tightens global copper supply estimates
1st October 2025 By: Reuters

Metals analysts are cutting their estimates of global copper supplies for this year and next after an accident at the giant Grasberg mine dramatically tightened the outlook for the market. Copper... 


China 2025 copper output set to hit record high despite feedstock shortages
China 2025 copper output set to hit record high despite feedstock shortages
1st August 2025 By: Reuters

China's refined copper output is set to hit a record high in 2025, analysts say, as its giant smelting sector powers through a global shortage of copper ore that is forcing some overseas... 


A copper and cobalt mine in the DRC
China's CMOC calls on Congo to lift cobalt export ban, sources say
21st May 2025 By: Reuters

China's CMOC Group, the world's top cobalt mining company, called on Democratic Republic of Congo last week to lift a ban on exports of the battery metal, which is currently due to expire next... 


Antofagasta kicks off copper talks in Asia, flat fees on table in China, sources say
21st May 2025 By: Reuters

Flat fees for turning copper concentrate into metal have emerged as a potential starting point for mid-year talks between Antofagasta and Chinese smelters due to tight supplies of mined material,... 


Albemarle CEO says 'math doesn't work' for US lithium refinery project
2nd May 2025 By: Reuters

Albemarle's stalled plans to build the largest US lithium refinery remain on hold due to the ongoing global glut of the battery metal that has dragged down market prices, the company's CEO told... 


Record gold prices help keep China's copper smelters going despite losses
30th April 2025 By: Reuters

Surging prices for gold and other byproducts are keeping China's copper smelters afloat and could fend off significant production cuts this year despite a key gauge of industry profitability... 


A copper and cobalt mine in the DRC
China cobalt stocks surge after Congo unexpectedly bans exports
25th February 2025 By: Bloomberg

Cobalt stocks rose in China on Tuesday as a surprise export ban in the Democratic Republic of Congo lifted the near-term outlook for the material used in alloys and batteries. Shares in Nanjing... 


Cauchari Olaroz
Stubbornly resilient lithium supply remains hurdle to recovery
8th January 2025 By: Bloomberg

A persistent lithium glut and the prospect that some mines could be restarted if prices rise means the battery metal is unlikely to mount a significant recovery this year. Lithium prices have... 


Antofagasta, Jiangxi agree major drop in 2025 copper TC/RCs, sources
6th December 2024 By: Reuters

Chilean miner Antofagasta and Jiangxi Copper have agreed significantly lower copper concentrate processing fees for 2025, four sources with knowledge of the matter told Reuters on Thursday. The... 


Lake Resources chair optimistic despite short-term challenges in lithium market
Lake Resources chair optimistic despite short-term challenges in lithium market
21st November 2024 By: Mariaan Webb

Australia-based Lake Resources chairperson Stu Crow has expressed confidence in the company’s future despite recent downturns in the lithium market, including falling prices, reduced investment,... 


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pqt: 0.026s - ct: 0.073s - 105pq - 2rq
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