Global demand for electric vehicles (EVs) is projected to surge through the next decade and beyond as battery technologies improve and government policy promotes sustainable transport. As battery chemicals become commoditised and grow in importance, CRU is expanding on its strong pedigree of assessing battery metals like cobalt, nickel and vanadium to include a wide range of battery-grade chemicals.
CRU's Battery Metals Market Outlook provides a 25-year demand forecast, covering commodities relevant to the development of EVs, battery storage and related technology. This service focuses on both scenario and demand-driven long-term analysis across a range of key commodities, including lithium, cobalt, nickel, manganese and graphite.
To support CRU's strong technology metal analysis and prices services, a set of new weekly prices will be assessed by a global team of market analysts. Chinese cobalt metal, Chinese cobalt sulfate, nickel sulfate, and lithium prices will be included in the Battery Metals Market Outlook and related services.
Scott Yarham, CRU's prices Lead for battery metals, said "CRU has, by the far, the firmest grip on these markets in terms of analysis and research - therefore assessing prices was a great addition. Our teams in Shanghai, Pittsburgh, London and Beijing will be working to ensure CRU is the best source for the essential price information in these markets."
CRU offers unrivalled business intelligence on the global metals, mining and fertilizer industries through market analysis, price assessments, consultancy and events.
Since our foundation by Robert Perlman in 1969, we have consistently invested in primary research and robust methodologies, and developed expert teams in key locations worldwide, including in hard-to-reach markets such as China.
CRU employs over 260 experts and has more than 10 offices around the world, in Europe, the Americas, China, Asia and Australia – our office in Beijing opened in 2004.
When facing critical business decisions, you can rely on our first-hand knowledge to give you a complete view of a commodity market. And you can engage with our experts directly, for the full picture and a personalised response.
CRU – big enough to deliver a high-quality service, small enough to care about all of our customers.