Caspar Rawles: Battery Production to Exceed 1 TWh in 2023, Raw Materials Supply Key


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Lithium-ion batteries are at the center of the energy transition, powering electric vehicles and being deployed in energy storage systems around the world.

“This is the first terawatt hour year that we’re expecting to see on both supply and demand in the lithium-ion battery supply chain,” said Caspar Rawles of Benchmark Mineral Intelligence.

“The only headwind at the moment is the broader macroeconomic outlook … so that perhaps may slow things a bit more than forecasted later in the year, but at the moment it’s still all guns blazing for 2023,” he added.

This interview was filmed on April 5, 2023.

#Investing #Lithium #Cobalt

0:00 – Intro
0:14 – Lithium ion batteries demand forecast
2:04 – Energy storage growing
3:14 – Europe’s role in battery gigafactories
5:48 – Geopolitics in the battery industry
9:09 – Europe’s legislation and mining
11:03 – Cathode chemistries in Europe
12:35 – Europe’s sources of raw materials
14:06 – Manganese supply chain
15:41 – What investors should know about the midstream
17:17 – Outro

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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

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