Daily Metal Prices

Daily
Metal
Prices

Cobalt

30,000

per metric ton

Nickel

12,105.50

per metric ton

Lithium

114.71

per metric kg

Manganese

46

per metric ton

Last Updated
5 months ago

EQM Indexes Battery Metals Commentary: June 1, 2020 Image

EQM Indexes Battery Metals Commentary: June 1, 2020

Author headshot Jane Edmondson / Jun 02

In stable times, changes happen progressively, while in disruptive times, like the ones we are living in, changes can be dramatic and unexpected. The global pandemic is teeing up 2021 to be the year of the electric vehicle. And from a battery metal perspective, nobody is ready for that.  Supplies of cobalt and nickel are likely to be scarce and lithium prices are also expected to recover as demand accelerates and shortages in the market caused by curtailed production and halted expansions emerge.  All good news for investors in the battery metals supply chain. 
 

Led by Tesla, electric vehicle sales are predicted to surge in 2021
Production of electric vehicles is estimated to climb to at least 1.3 million and could reach 1.5 million depending on market conditions this year.
 

The Impact Of Covid-19 On Electric Vehicles

In stable times, changes happen progressively, while in disruptive times, like the ones we are living in, changes can be dramatic and unexpected.
 

Lithium prices to bounce after 2022
Prices for lithium, one of the key ingredients for the batteries that power electric vehicles (EVs) and high tech devices, are expected to climb in two years, when shortages in the market caused by curtailed production and halted expansions start to emerge.
 

Cobalt the battery material most prone to supply disruption from Covid-19 - poll
Cobalt is the battery raw material most likely to face supply disruption or inefficiency during Covid-19, according to a poll conducted during a Fastmarkets webinar.
 

Nickel supply concerns for EV use heighten from 2022 - poll
Concerns over the availability of nickel for the battery sector increase from 2022, when electric vehicle (EV) growth picks up again after a period of weak consumer confidence caused by Covid-19, according to a poll conducted during a Fastmarkets webinar.
 

Lithium-Air Batteries Could Give Electric Vehicles a 1,000 Mile Range
Range anxiety is the #1 consumer concern for electric vehicles, but a new breed of ultra-high energy density batteries may change everything.
 

Scientists Use Artificial Intelligence and Computer Vision to Study Lithium-Ion Batteries
New machine learning methods bring insights into how lithium ion batteries degrade, and show it's more complicated than many thought.

 

About the Author

Author thumbnail Co-Founder of EQM Indexes LLC and Founder of EQM Capital LLC. Ms. Edmondson is a former Quantitative Portfolio Manager with Allianz Global Investors and its predecessor firm Nicholas-Applegate. She started her career at Merrill Lynch and has more than 25 years of experience in the investment industry. She holds an MBA in Finance from San Diego State University and a BA from UC Irvine.

During February lithium stocks showed mostly negative performance, led by Pilbara Minerals & Orocobre with a decrease of -12% and Galaxy Resources dropping -11% in comparison with the previous month.

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