🌍 Critical minerals stocks now worth more than gold @pgker @Tim_ber_wolf “That basket of 33 major ASX-listed, critical mineral stocks is now more valuable than the 25 on S&P/ASX All Ordinaries Gold Index… $86.1 billion on Tuesday.”

🚨 Material World: Must Read New Book by highly respected UK’s @SkyNews Economics Editor @EdConwaySky Eveything is either mined or grown The west lost its connection to this two generations ago Ed’s book is key to bringing this connection back and understanding the…

A step up for the ‘batteries and EVs go geopolitical’ thematic… “Trump vows to pull plug on EV support amid Georgia’s electric wave”

When @LiventCorp’s Graves speaks, the world listens. #GigaUSA #Lithium Being fully integrated is the only way this industry will develop to meet all the needs of consumers.” Q&A with Livent CEO Paul Graves | Benchmark Source

#Lithium Prices The 17% rebound in Benchmark lithium prices since end-May, following a continuous falling trend since Q4, showcases just how volatile our industry has become. In a super strong long term demand driven market, there’s only so far lithium prices can fall before…

We are in the midst of a global battery arms race but the US is no longer a bystander. Mining and refining of critical minerals are now the greatest challenge. Permitting is the biggest blocker. #GigaUSA @benchmarkmin

As a result huge downstream value is created China 🇨🇳: = 80% of the worlds batteries = 80% of cathode =90% of anode = 63% lithium chemicals / 17% mined supply =78% of cobalt chemicals = 61% flake graphite And produced more EVs than the rest of the world combined.

China’s forward thinking and aggressive industrial strategy has put 10x ahead of the USA and Europe in batteries. And has ensured the flow of key raw materials is towards China.

Battery makers, OEMs, and indeed countries need joined up thinking for this. If you are downstream you need to think like a mineral and chemical producer.

Lithium, nickel, cobalt, graphite, manganese, rare earths, phosphate and fluorspar. Mastering these supply chains to various degrees will make or break a countries industrial direction.

Lithium ion batteries are the industrial pillar of this century and the centre point of the energy transition. The critical mineral supply chains that fuel them are as geopolitically important as the oil pipelines of today.

<Thread #GigaUSA 2023 > I always have to take a moment to pause and realise how important our critical minerals industry has become. The geopolitics, industrial and technological tailwinds all now move in the same direction: From East to West.

⛏ Senator Joe Manchin says “major strides” made in critical mineral permitting after debt limit deal ⁦From Benchmark’s #GigaUSA 2023 in Washington DC this week.

🌎 US needs to expand scope of eligible critical minerals for EVs, @Rivian CEO ⁦@RJScaringe⁩ says. From ⁦@benchmarkmin⁩’s #GigaUSA 2023 in Washington DC this week.

🇺🇸 🇨🇳 Automakers await US government guidance on China involvement in battery supply chain. From ⁦@benchmarkmin⁩’s #GigaUSA 2023 in Washington DC this week:

The world is in the midst of a global battery arms race and the US is no longer a bystander… But domestic mining remains the great challenge ahead. @Benchmarkmin is in Washington DC for our #GigaUSA 2023 event. A real joy to sit down with @Sen_JoeManchin to kick off today.

The huge impact of the US #InflationReductionAct on gigafactory (battery) build out US battery cell 10-year pipeline overtakes Europe capacity (majority European Union) for the first time as it surges toward 1200GWh No wonder the EU were really worried about losing investment…

Benchmark’s #GigaUSA conference next week in Washington DC could not be timed better:

The #DebtCeilingAgreement might not stave off a general recession but the critical minerals space won’t have a better opportunity to access tens of billions of dollars still available to build mines, refining plants, and battery plants in the USA or FTA countries.