[{"data":1,"prerenderedAt":706},["ShallowReactive",2],{"ticker-data":3,"story-article/chinas-tsingshan-expands-battery-footprint-with-eramet-lithium-deal":550},[4,52,82,112,148,186,229,261,297,336,378,419,460,490,520],{"publishedDate":5,"updateFrequency":6,"updateFrequencyText":7,"label":8,"today":9,"last":10,"percentageChange":11,"yearToDate":12,"yearOnYear":13,"oneYearIndexTrend":14,"url":48,"subscription":49,"isProtected":50,"hasAccess":51},"2026-10-14","2wk","Updated every 2 weeks","Lithium",317.07,322.34,-1.64,35.66,90.62,[15,16,18,21,24,27,30,33,36,39,42,45],{"date":5,"value":9},{"date":17,"value":10},"2026-09-30",{"date":19,"value":20},"2026-09-16",354.99,{"date":22,"value":23},"2026-09-02",385.07,{"date":25,"value":26},"2026-08-19",372.67,{"date":28,"value":29},"2026-08-05",367.54,{"date":31,"value":32},"2026-07-22",388.26,{"date":34,"value":35},"2026-07-08",399.4,{"date":37,"value":38},"2026-06-24",410.62,{"date":40,"value":41},"2026-06-10",427.77,{"date":43,"value":44},"2026-05-27",449.85,{"date":46,"value":47},"2026-05-13",451.12,"/lithium/prices",null,false,true,{"publishedDate":5,"updateFrequency":6,"updateFrequencyText":7,"label":53,"today":54,"last":55,"percentageChange":56,"yearToDate":57,"yearOnYear":58,"oneYearIndexTrend":59,"url":48,"subscription":49,"isProtected":50,"hasAccess":51},"Lithium Carbonate",256.83,278.71,-7.85,1.12,46.89,[60,61,62,64,66,68,70,72,74,76,78,80],{"date":5,"value":54},{"date":17,"value":55},{"date":19,"value":63},300.39,{"date":22,"value":65},306.07,{"date":25,"value":67},297.22,{"date":28,"value":69},296.63,{"date":31,"value":71},309.38,{"date":34,"value":73},317.2,{"date":37,"value":75},330.54,{"date":40,"value":77},346.5,{"date":43,"value":79},358.35,{"date":46,"value":81},350.28,{"publishedDate":5,"updateFrequency":6,"updateFrequencyText":7,"label":83,"today":84,"last":85,"percentageChange":86,"yearToDate":87,"yearOnYear":88,"oneYearIndexTrend":89,"url":48,"subscription":49,"isProtected":50,"hasAccess":51},"Lithium Hydroxide",292.05,311.1,-6.12,43.7,92,[90,91,92,94,96,98,100,102,104,106,108,110],{"date":5,"value":84},{"date":17,"value":85},{"date":19,"value":93},339.85,{"date":22,"value":95},352.45,{"date":25,"value":97},341.12,{"date":28,"value":99},337.87,{"date":31,"value":101},354.36,{"date":34,"value":103},364.06,{"date":37,"value":105},376.67,{"date":40,"value":107},393.29,{"date":43,"value":109},411.01,{"date":46,"value":111},408.51,{"publishedDate":5,"updateFrequency":113,"updateFrequencyText":114,"label":115,"today":116,"last":117,"percentageChange":118,"yearToDate":119,"yearOnYear":120,"oneYearIndexTrend":121,"url":147,"subscription":49,"isProtected":50,"hasAccess":51},"1wk","Updated every week","Cobalt",171.41,173.83,-1.39,-27.13,-1.06,[122,123,125,126,129,131,133,136,138,141,142,145],{"date":5,"value":116},{"date":124,"value":117},"2026-10-07",{"date":17,"value":117},{"date":127,"value":128},"2026-09-23",175.44,{"date":19,"value":130},178.66,{"date":22,"value":132},189.92,{"date":134,"value":135},"2026-08-26",192.6,{"date":25,"value":137},199.83,{"date":139,"value":140},"2026-08-12",217.25,{"date":28,"value":140},{"date":143,"value":144},"2026-07-29",221.25,{"date":31,"value":146},224.44,"/cobalt/prices",{"publishedDate":149,"updateFrequency":6,"updateFrequencyText":7,"label":150,"today":151,"last":152,"percentageChange":153,"yearToDate":154,"yearOnYear":155,"oneYearIndexTrend":156,"url":185,"subscription":49,"isProtected":50,"hasAccess":51},"2026-10-21","Nickel",107.13,114.04,-6.06,-11.27,-0.65,[157,158,159,161,164,166,168,170,173,176,179,182],{"date":149,"value":151},{"date":124,"value":152},{"date":127,"value":160},116.1,{"date":162,"value":163},"2026-09-09",119.13,{"date":134,"value":165},119.61,{"date":139,"value":167},121.04,{"date":143,"value":169},121.19,{"date":171,"value":172},"2026-07-15",122.66,{"date":174,"value":175},"2026-07-01",125.61,{"date":177,"value":178},"2026-06-17",131.5,{"date":180,"value":181},"2026-06-03",134.65,{"date":183,"value":184},"2026-05-20",135.83,"/nickel/prices",{"publishedDate":17,"updateFrequency":187,"updateFrequencyText":188,"label":189,"today":190,"last":191,"percentageChange":192,"yearToDate":193,"yearOnYear":194,"oneYearIndexTrend":195,"url":228,"subscription":49,"isProtected":50,"hasAccess":51},"1mo","Updated every month","Natural Graphite",78.45,80.18,-2.16,-3.84,-4.03,[196,197,199,202,205,208,211,214,217,220,223,226],{"date":17,"value":190},{"date":198,"value":191},"2026-08-28",{"date":200,"value":201},"2026-07-31",80.66,{"date":203,"value":204},"2026-06-30",82.87,{"date":206,"value":207},"2026-05-29",82.99,{"date":209,"value":210},"2026-04-30",82.93,{"date":212,"value":213},"2026-03-31",82.39,{"date":215,"value":216},"2026-02-27",81.92,{"date":218,"value":219},"2026-01-30",81.69,{"date":221,"value":222},"2025-12-31",81.58,{"date":224,"value":225},"2025-11-28",81.35,{"date":227,"value":225},"2025-10-31","/natural-graphite/prices",{"publishedDate":17,"updateFrequency":187,"updateFrequencyText":188,"label":230,"today":231,"last":232,"percentageChange":233,"yearToDate":234,"yearOnYear":235,"oneYearIndexTrend":236,"url":260,"subscription":49,"isProtected":50,"hasAccess":51},"Anode Coke",86.15,81.86,5.24,15.73,19.78,[237,238,239,241,242,244,246,248,250,252,254,257],{"date":17,"value":231},{"date":200,"value":232},{"date":203,"value":240},80.54,{"date":206,"value":240},{"date":209,"value":243},84.01,{"date":212,"value":245},79.79,{"date":215,"value":247},75.72,{"date":218,"value":249},74.61,{"date":221,"value":251},74.44,{"date":227,"value":253},72.75,{"date":255,"value":256},"2025-09-30",71.92,{"date":258,"value":259},"2025-08-29",71.46,"/synthetic-graphite/prices",{"publishedDate":262,"updateFrequency":187,"updateFrequencyText":188,"label":263,"today":264,"last":265,"percentageChange":266,"yearToDate":267,"yearOnYear":268,"oneYearIndexTrend":269,"url":296,"subscription":49,"isProtected":50,"hasAccess":51},"2026-10-15","Anode",80.45,80.24,0.27,1.81,3.2,[270,271,273,275,276,278,281,284,287,289,291,293],{"date":262,"value":264},{"date":272,"value":265},"2026-09-15",{"date":274,"value":265},"2026-08-17",{"date":171,"value":265},{"date":277,"value":265},"2026-06-15",{"date":279,"value":280},"2026-05-15",79.16,{"date":282,"value":283},"2026-04-15",81.98,{"date":285,"value":286},"2026-03-16",79.03,{"date":288,"value":286},"2026-02-16",{"date":290,"value":286},"2026-01-15",{"date":292,"value":286},"2025-12-15",{"date":294,"value":295},"2025-11-17",77.79,"/anode/prices",{"publishedDate":298,"updateFrequency":187,"updateFrequencyText":188,"label":299,"today":300,"last":301,"percentageChange":302,"yearToDate":303,"yearOnYear":304,"oneYearIndexTrend":305,"url":335,"subscription":49,"isProtected":50,"hasAccess":51},"2026-08-01","Cathode",73.32,77.21,-5.04,14.41,55.07,[306,307,308,311,314,317,320,323,325,327,329,332],{"date":298,"value":300},{"date":174,"value":301},{"date":309,"value":310},"2026-06-01",80.32,{"date":312,"value":313},"2026-05-01",81.71,{"date":315,"value":316},"2026-04-01",77.27,{"date":318,"value":319},"2026-03-01",81.99,{"date":321,"value":322},"2026-02-01",80.5,{"date":290,"value":324},72.79,{"date":292,"value":326},64.08,{"date":294,"value":328},62.01,{"date":330,"value":331},"2025-10-15",53.51,{"date":333,"value":334},"2025-09-15",49.5,"/cathode/prices",{"publishedDate":337,"updateFrequency":187,"updateFrequencyText":188,"label":338,"today":339,"last":340,"percentageChange":341,"yearToDate":342,"yearOnYear":343,"oneYearIndexTrend":344,"url":377,"subscription":49,"isProtected":50,"hasAccess":51},"2025-03-31","Lithium ion Batteries",74.53,71.3,4.53,-1.6,-20.88,[345,346,348,351,354,357,360,363,366,368,371,374],{"date":337,"value":339},{"date":347,"value":340},"2025-02-28",{"date":349,"value":350},"2025-01-31",71.45,{"date":352,"value":353},"2024-12-31",75.74,{"date":355,"value":356},"2024-11-29",76.98,{"date":358,"value":359},"2024-10-31",77.34,{"date":361,"value":362},"2024-09-30",77.43,{"date":364,"value":365},"2024-08-30",80.56,{"date":367,"value":207},"2024-07-31",{"date":369,"value":370},"2024-06-28",87.2,{"date":372,"value":373},"2024-05-31",90.7,{"date":375,"value":376},"2024-04-30",93.2,"/battery-gigafactory/prices",{"publishedDate":379,"updateFrequency":6,"updateFrequencyText":7,"label":380,"today":381,"last":382,"percentageChange":383,"yearToDate":384,"yearOnYear":385,"oneYearIndexTrend":386,"url":418,"subscription":49,"isProtected":50,"hasAccess":51},"2026-10-08","Black Mass",37.11,38.95,-4.72,-14,18.31,[387,388,390,393,396,399,402,405,408,411,414,416],{"date":379,"value":381},{"date":389,"value":382},"2026-09-24",{"date":391,"value":392},"2026-09-10",42.03,{"date":394,"value":395},"2026-08-27",43.88,{"date":397,"value":398},"2026-08-13",42.33,{"date":400,"value":401},"2026-07-30",43.42,{"date":403,"value":404},"2026-07-16",46.74,{"date":406,"value":407},"2026-07-02",46.01,{"date":409,"value":410},"2026-06-18",49.57,{"date":412,"value":413},"2026-02-12",47.34,{"date":415,"value":410},"2026-01-29",{"date":290,"value":417},43.15,"/recycling/black-mass-prices",{"publishedDate":262,"updateFrequency":187,"updateFrequencyText":188,"label":420,"today":421,"last":422,"percentageChange":423,"yearToDate":424,"yearOnYear":425,"oneYearIndexTrend":426,"url":459,"subscription":49,"isProtected":50,"hasAccess":51},"Rare Earths",172.08,171.72,0.21,20.59,30.21,[427,428,430,433,436,439,442,445,448,451,454,457],{"date":262,"value":421},{"date":429,"value":422},"2026-10-01",{"date":431,"value":432},"2026-09-03",170.83,{"date":434,"value":435},"2026-08-20",169.63,{"date":437,"value":438},"2026-08-06",172.28,{"date":440,"value":441},"2026-07-23",173.94,{"date":443,"value":444},"2026-07-09",171.69,{"date":446,"value":447},"2026-06-25",168.55,{"date":449,"value":450},"2026-06-11",165,{"date":452,"value":453},"2026-05-28",163.89,{"date":455,"value":456},"2026-05-14",172.63,{"date":209,"value":458},175.6,"/rare-earths/prices",{"publishedDate":198,"updateFrequency":187,"updateFrequencyText":188,"label":461,"today":462,"last":463,"percentageChange":464,"yearToDate":465,"yearOnYear":466,"oneYearIndexTrend":467,"url":377,"subscription":49,"isProtected":50,"hasAccess":51},"NCM Mid-Nickel",152.7,162.48,-6.02,17.38,53.11,[468,469,470,472,474,476,478,480,482,484,486,488],{"date":198,"value":462},{"date":200,"value":463},{"date":203,"value":471},171.08,{"date":206,"value":473},173.65,{"date":209,"value":475},164.53,{"date":212,"value":477},157.28,{"date":215,"value":479},151.44,{"date":218,"value":481},144.5,{"date":221,"value":483},130.09,{"date":224,"value":485},124.6,{"date":227,"value":487},122.35,{"date":255,"value":489},103.5,{"publishedDate":198,"updateFrequency":187,"updateFrequencyText":188,"label":491,"today":492,"last":493,"percentageChange":494,"yearToDate":495,"yearOnYear":496,"oneYearIndexTrend":497,"url":377,"subscription":49,"isProtected":50,"hasAccess":51},"NCM High-Nickel",144.45,149.67,-3.49,26.69,49.06,[498,499,500,502,504,506,508,510,512,514,516,518],{"date":198,"value":492},{"date":200,"value":493},{"date":203,"value":501},157.37,{"date":206,"value":503},160,{"date":209,"value":505},149.53,{"date":212,"value":507},141.97,{"date":215,"value":509},136.99,{"date":218,"value":511},129.81,{"date":221,"value":513},114.02,{"date":224,"value":515},109.17,{"date":227,"value":517},109.02,{"date":255,"value":519},99.44,{"publishedDate":198,"updateFrequency":187,"updateFrequencyText":188,"label":521,"today":522,"last":523,"percentageChange":524,"yearToDate":525,"yearOnYear":526,"oneYearIndexTrend":527,"url":377,"subscription":49,"isProtected":50,"hasAccess":51},"LFP",229.17,218.34,4.96,49.35,83.44,[528,529,530,532,534,536,538,540,542,544,546,548],{"date":198,"value":522},{"date":200,"value":523},{"date":203,"value":531},239.1,{"date":206,"value":533},258.32,{"date":209,"value":535},239.37,{"date":212,"value":537},213.01,{"date":215,"value":539},204.49,{"date":218,"value":541},218.06,{"date":221,"value":543},153.45,{"date":224,"value":545},134.02,{"date":227,"value":547},118.22,{"date":255,"value":549},111.93,{"id":551,"uuid":552,"name":553,"slug":554,"full_slug":555,"content":556,"relatedArticles":704,"relatedVideos":705},112473194458946,"e60d7a79-42c6-4fd3-8314-72edc5e34e16","China’s Tsingshan expands battery footprint with Eramet lithium deal","chinas-tsingshan-expands-battery-footprint-with-eramet-lithium-deal","article/chinas-tsingshan-expands-battery-footprint-with-eramet-lithium-deal",{"_uid":557,"date":558,"tags":559,"editor":566,"content":576,"excerpt":683,"featured":50,"reporter":684,"_editable":688,"component":689,"seo_title":553,"categories":690,"visibility":696,"author_company":49,"featured_image":697,"seo_description":683,"author_full_name":49,"author_job_title":49,"formattedDate":702,"formattedArticleDate":703},"67313df7-db99-4094-a252-88706d54bfb5","2021-11-08 00:00",[560,563],{"slug":561,"name":562},"argentina","Argentina",{"slug":564,"name":565},"tsingshan","Tsingshan",[567],{"slug":568,"name":569,"content":570},"matthew-bird","Matthew Bird",{"job_title":571,"image":572,"bio":574,"linkedin":575},"Senior Editor - Supply Chains & Data Visualisation",{"filename":573},"https://a.storyblok.com/f/287943243085208/512x512/14738033ec/matthew-bird.jpeg","Matthew writes, edits and produces content for Benchmark Intelligence and Benchmark Source across the whole mine to grid supply chain. He also acts as a liaison to the press. He has a PhD in electrochemistry from the University of Nottingham.","https://www.linkedin.com/in/birdmatthew/",{"type":577,"content":578},"doc",[579,586,591,598,603,626,631,636,641,654,659,668,673,678],{"type":580,"attrs":581,"content":582},"paragraph",{"textAlign":49},[583],{"text":584,"type":585},"China’s stainless steel giant Tsingshan has invested $375 million to build a lithium plant in Argentina with France’s Eramet, as it expands its presence in the battery supply chain.  ","text",{"type":580,"attrs":587,"content":588},{"textAlign":49},[589],{"text":590,"type":585},"The Wenzhou-based company, which is the world’s largest producer of stainless steel, will contribute the bulk of the funding to build the plant, which will supply 24,000 tonnes a year of lithium for batteries. ",{"type":580,"attrs":592,"content":593},{"textAlign":49},[594,596],{"text":595,"type":585},"“We see it as an opportunity for Europe to secure tomorrow’s critical metals for the energy transition,” ",{"text":597,"type":585},"Christel Bories, chief executive of Eramet, said. ",{"type":580,"attrs":599,"content":600},{"textAlign":49},[601],{"text":602,"type":585},"The deal is the latest expansion by Tsingshan in the battery supply chain as it looks to benefit from the growth in electric vehicles and clean energy. The company has said it wants to be completely vertically integrated all the way from the mine, through to battery materials, to final batteries and installation. ",{"type":580,"attrs":604,"content":605},{"textAlign":49},[606,608,616,618,624],{"text":607,"type":585},"Tsingshan dominates production of ",{"text":609,"type":585,"marks":610},"nickel and stainless steel in Indonesia",[611],{"type":612,"attrs":613},"link",{"href":614,"uuid":49,"anchor":49,"target":49,"linktype":615},"https://source.benchmarkminerals.com/article/what-does-tsingshans-nickel-matte-deal-mean-for-lithium-ion-and-the-nickel-industry","url",{"text":617,"type":585},", where it has built large operations on the island of Sulawesi. Through joint ventures with other Chinese companies, it is also investing in projects to ",{"text":619,"type":585,"marks":620},"produce nickel for batteries",[621],{"type":612,"attrs":622},{"href":623,"uuid":49,"anchor":49,"target":49,"linktype":615},"https://source.benchmarkminerals.com/article/chinas-gem-looks-to-take-strategic-control-of-indonesian-nickel-cobalt-project",{"text":625,"type":585}," as well as one plant to produce lithium carbonate and lithium hydroxide. ",{"type":580,"attrs":627,"content":628},{"textAlign":49},[629],{"text":630,"type":585},"Tsingshan also owns battery company Ruipu Energy and battery installer Fox Ess. According to Benchmark’s Lithium ion Battery Megafactory Assessment Ruipu Energy has 131 gigawatt-hours of battery cell production capacity across three production facilities in the pipeline for 2030, one of which is in production",{"type":580,"attrs":632,"content":633},{"textAlign":49},[634],{"text":635,"type":585},"Including its joint venture operations, Tsingshan is set to account for 1.2 million tonnes of nickel production by 2030, around one-fifth of the total market, according to Benchmark’s Nickel Forecast. A total of 250,000 tonnes of this is set to be nickel that will be used in the battery industry. ",{"type":580,"attrs":637,"content":638},{"textAlign":49},[639],{"text":640,"type":585},"Eramet said construction of the lithium plant in Argentina would start early next year with full production of 24,000 tonnes of battery grade lithium in the second half of 2025. It would generate earnings before interest, taxes, depreciation, and amortisation of $165 million a year, it said. ",{"type":580,"attrs":642,"content":643},{"textAlign":49},[644,646,652],{"text":645,"type":585},"Companies have invested over $1 billion in Argentinian lithium projects this year, which is set to ",{"text":647,"type":585,"marks":648},"significantly expand the country’s production",[649],{"type":612,"attrs":650},{"href":651,"uuid":49,"anchor":49,"target":49,"linktype":615},"https://source.benchmarkminerals.com/article/millennial-lithium-bidding-war-shows-scramble-for-argentinian-lithium",{"text":653,"type":585},". Argentina’s lithium output is set to rival Chile’s by the end of the decade, according to Benchmark’s Lithium Forecast. ",{"type":580,"attrs":655,"content":656},{"textAlign":49},[657],{"text":658,"type":585},"Eramet had previously mothballed the project in April 2020 due to the spread of Covid-19 around the world. It had already spent $185 million on the project up until then, it said. ",{"type":580,"attrs":660,"content":661},{"textAlign":49},[662,664,666],{"text":663,"type":585},"The plant will process brine from the ",{"text":665,"type":585},"Centenario-Ratones ",{"text":667,"type":585},"lithium concession in Salta province, which Eramet has rights over, into lithium carbonate. The company expects to expand the plant “quite soon after” 2025 into a second and third phase, Eramet said. ",{"type":580,"attrs":669,"content":670},{"textAlign":49},[671],{"text":672,"type":585},"The lithium market is set to remain in a deficit until 2030, Eramet said. Without sufficient investment Benchmark expects the lithium market’s deficit to continue through the 2020s and past 2030 when it forecasts a shortfall of almost 1 million tonnes lithium carbonate equivalent.",{"type":580,"attrs":674,"content":675},{"textAlign":49},[676],{"text":677,"type":585},"Eramet will control the project with a 50.1% stake, with Tsingshan owning the remainder. Lithium will be allocated to each company based on their respective shareholdings, it said. ",{"type":580,"attrs":679,"content":680},{"textAlign":49},[681],{"text":682,"type":585},"The plant will use a Direct Lithium Extraction process (DLE) developed in-house that could deliver yields of over 90%, Eramet said. The mine has an estimated life of 40 years, it said. DLE is a way to extract lithium from brine without the need for conventional evaporation ponds. ","China’s stainless steel giant Tsingshan has invested $375 million to build a lithium plant in Argentina with France’s Eramet, as it expands its presence in the battery supply chain. The Wenzhou-based company, which is the world’s largest producer of stainless steel, will contribute the bulk of the funding to build the plant, which will supply […]",[685],{"slug":568,"name":569,"content":686},{"job_title":571,"image":687,"bio":574,"linkedin":575},{"filename":573},"\u003C!--#storyblok#{\"name\": \"article\", \"space\": \"\", \"uid\": \"67313df7-db99-4094-a252-88706d54bfb5\", \"id\": \"\"}-->","article",[691,694],{"slug":692,"name":693},"critical-minerals","Critical Minerals",{"slug":695,"name":8},"lithium","private",{"id":49,"alt":698,"name":698,"focus":698,"title":698,"source":698,"filename":699,"copyright":698,"fieldtype":700,"meta_data":701,"is_external_url":51},"","https://a.storyblok.com/f/287943243085208/2093232fb4/bm-eramet-lithium-argentina-tsingshan.jpg","asset",{"alt":698,"title":698,"source":698,"copyright":698},"Nov 08, 2021","8th November 2021",[],[],1792773932200]