[{"data":1,"prerenderedAt":683},["ShallowReactive",2],{"ticker-data":3,"story-article/g7-launches-600-billion-global-infrastructure-investment-plan-including-battery-spend":550},[4,52,82,112,148,186,229,261,297,335,377,418,460,490,520],{"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":124,"updateFrequency":6,"updateFrequencyText":7,"label":149,"today":150,"last":151,"percentageChange":152,"yearToDate":153,"yearOnYear":154,"oneYearIndexTrend":155,"url":185,"subscription":49,"isProtected":50,"hasAccess":51},"Nickel",114.04,116.1,-1.78,-5.55,6.42,[156,157,158,161,163,165,167,170,173,176,179,182],{"date":124,"value":150},{"date":127,"value":151},{"date":159,"value":160},"2026-09-09",119.13,{"date":134,"value":162},119.61,{"date":139,"value":164},121.04,{"date":143,"value":166},121.19,{"date":168,"value":169},"2026-07-15",122.66,{"date":171,"value":172},"2026-07-01",125.61,{"date":174,"value":175},"2026-06-17",131.5,{"date":177,"value":178},"2026-06-03",134.65,{"date":180,"value":181},"2026-05-20",135.83,{"date":183,"value":184},"2026-05-06",133.76,"/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":264,"percentageChange":265,"yearToDate":266,"yearOnYear":267,"oneYearIndexTrend":268,"url":296,"subscription":49,"isProtected":50,"hasAccess":51},"2026-09-15","Anode",80.24,0,1.53,2.92,[269,270,272,273,275,278,281,284,286,288,290,293],{"date":262,"value":264},{"date":271,"value":264},"2026-08-17",{"date":168,"value":264},{"date":274,"value":264},"2026-06-15",{"date":276,"value":277},"2026-05-15",79.16,{"date":279,"value":280},"2026-04-15",81.98,{"date":282,"value":283},"2026-03-16",79.03,{"date":285,"value":283},"2026-02-16",{"date":287,"value":283},"2026-01-15",{"date":289,"value":283},"2025-12-15",{"date":291,"value":292},"2025-11-17",77.79,{"date":294,"value":295},"2025-10-15",77.96,"/anode/prices",{"publishedDate":298,"updateFrequency":187,"updateFrequencyText":188,"label":299,"today":300,"last":301,"percentageChange":302,"yearToDate":303,"yearOnYear":304,"oneYearIndexTrend":305,"url":334,"subscription":49,"isProtected":50,"hasAccess":51},"2026-08-01","Cathode",73.32,77.21,-5.04,14.41,55.07,[306,307,308,311,314,317,320,323,325,327,329,331],{"date":298,"value":300},{"date":171,"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":287,"value":324},72.79,{"date":289,"value":326},64.08,{"date":291,"value":328},62.01,{"date":294,"value":330},53.51,{"date":332,"value":333},"2025-09-15",49.5,"/cathode/prices",{"publishedDate":336,"updateFrequency":187,"updateFrequencyText":188,"label":337,"today":338,"last":339,"percentageChange":340,"yearToDate":341,"yearOnYear":342,"oneYearIndexTrend":343,"url":376,"subscription":49,"isProtected":50,"hasAccess":51},"2025-03-31","Lithium ion Batteries",74.53,71.3,4.53,-1.6,-20.88,[344,345,347,350,353,356,359,362,365,367,370,373],{"date":336,"value":338},{"date":346,"value":339},"2025-02-28",{"date":348,"value":349},"2025-01-31",71.45,{"date":351,"value":352},"2024-12-31",75.74,{"date":354,"value":355},"2024-11-29",76.98,{"date":357,"value":358},"2024-10-31",77.34,{"date":360,"value":361},"2024-09-30",77.43,{"date":363,"value":364},"2024-08-30",80.56,{"date":366,"value":207},"2024-07-31",{"date":368,"value":369},"2024-06-28",87.2,{"date":371,"value":372},"2024-05-31",90.7,{"date":374,"value":375},"2024-04-30",93.2,"/battery-gigafactory/prices",{"publishedDate":378,"updateFrequency":6,"updateFrequencyText":7,"label":379,"today":380,"last":381,"percentageChange":382,"yearToDate":383,"yearOnYear":384,"oneYearIndexTrend":385,"url":417,"subscription":49,"isProtected":50,"hasAccess":51},"2026-10-08","Black Mass",37.11,38.95,-4.72,-14,18.31,[386,387,389,392,395,398,401,404,407,410,413,415],{"date":378,"value":380},{"date":388,"value":381},"2026-09-24",{"date":390,"value":391},"2026-09-10",42.03,{"date":393,"value":394},"2026-08-27",43.88,{"date":396,"value":397},"2026-08-13",42.33,{"date":399,"value":400},"2026-07-30",43.42,{"date":402,"value":403},"2026-07-16",46.74,{"date":405,"value":406},"2026-07-02",46.01,{"date":408,"value":409},"2026-06-18",49.57,{"date":411,"value":412},"2026-02-12",47.34,{"date":414,"value":409},"2026-01-29",{"date":287,"value":416},43.15,"/recycling/black-mass-prices",{"publishedDate":419,"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},"2026-10-15","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":419,"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":376,"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":376,"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":376,"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":681,"relatedVideos":682},112472623611249,"9fc98fc3-30ad-4cb8-a76d-4ad34d54fa71","G7 launches $600 billion global infrastructure investment plan including battery spend","g7-launches-600-billion-global-infrastructure-investment-plan-including-battery-spend","article/g7-launches-600-billion-global-infrastructure-investment-plan-including-battery-spend",{"_uid":557,"date":558,"tags":559,"editor":566,"content":576,"excerpt":656,"featured":50,"reporter":657,"_editable":661,"component":662,"seo_title":553,"categories":663,"visibility":673,"author_company":49,"featured_image":674,"seo_description":656,"author_full_name":49,"author_job_title":49,"formattedDate":679,"formattedArticleDate":680},"b1e177f3-d1e8-4aba-bbfb-0a7a26aed997","2022-06-27 00:00",[560,563],{"slug":561,"name":562},"g7","G7",{"slug":564,"name":565},"policy","Policy",[567],{"slug":568,"name":569,"content":570},"didi-bostock","Didi Bostock",{"job_title":571,"image":572,"bio":574,"linkedin":575},"Editor - Energy Transition & Economics",{"filename":573},"https://a.storyblok.com/f/287943243085208/512x512/2c5ca5c1a3/didi-bostock.jpeg","Didi is the Energy Transition & Economics Editor at Benchmark, covering a broad range of markets across the energy transition. His remit spans from downstream sectors such as BESS and EVs, through to midstream such as new technologies and battery production, to upstream critical minerals mining. He also leads on financial analysis across these supply chains, alongside in-depth policy analysis.\n","https://www.linkedin.com/in/didi-bostock-656342198/",{"type":577,"content":578},"doc",[579,586,591,596,601,606,611,616,621,636,641,646,651],{"type":580,"attrs":581,"content":582},"paragraph",{"textAlign":49},[583],{"text":584,"type":585},"Leaders of the G7 democracies launched a $600 billion plan to invest in global infrastructure in low and middle income countries over the next five years, including in projects relating to the battery supply chain.","text",{"type":580,"attrs":587,"content":588},{"textAlign":49},[589],{"text":590,"type":585},"The Partnership for Global Infrastructure and Investment (PGII) said it will advance four priorities: climate and energy security, digital connectivity, health and health security, and gender equality and equity. ",{"type":580,"attrs":592,"content":593},{"textAlign":49},[594],{"text":595,"type":585},"The G7 said the initiative would focus on democratic values and transparency, in a move clearly designed to counter China’s growing influence in emerging economies. China’s Belt and Road Initiative, which was launched by President Xi Jinping in 2013, has helped to fund infrastructure across South America and South-East Asia, including nickel projects in Indonesia. ",{"type":580,"attrs":597,"content":598},{"textAlign":49},[599],{"text":600,"type":585},"US President Joe Biden said the PGII was an opportunity for communities around the world to “see for themselves the concrete benefits of partnering with democracies.”",{"type":580,"attrs":602,"content":603},{"textAlign":49},[604],{"text":605,"type":585},"“It’ll boost all of our economies,” he said in a speech at the launch of PGII at the G7 conference in Germany. ",{"type":580,"attrs":607,"content":608},{"textAlign":49},[609],{"text":610,"type":585},"The bulk of $600 billion investment will come from the US and European Union who will contribute $200 billion and $317 billion, respectively, over the next five years.",{"type":580,"attrs":612,"content":613},{"textAlign":49},[614],{"text":615,"type":585},"Investments will also come from the other G7 partners along with “additional capital from other like-minded partners, multilateral development banks, development finance institutions, sovereign wealth funds, and more,” according to the statement. The investments are expected to help mobilise further funds.",{"type":580,"attrs":617,"content":618},{"textAlign":49},[619],{"text":620,"type":585},"For the climate and energy security priority area, some of the investment will go to projects that “develop clean energy supply chains across the full integrated life cycle,” from mining of metals and minerals to refining, processing, and battery manufacturing sites as well as zero-emission transportation. ",{"type":580,"attrs":622,"content":623},{"textAlign":49},[624,626,634],{"text":625,"type":585},"PGII is the second partnership associated with green energy announced for several of the involved countries in recent weeks, with several involved in the ",{"text":627,"type":585,"marks":628},"Minerals Security Partnership",[629],{"type":630,"attrs":631},"link",{"href":632,"uuid":49,"anchor":49,"target":49,"linktype":633},"https://source.benchmarkminerals.com/article/us-and-partners-establish-critical-minerals-security-pact-in-face-of-chinese-lithium-ion-dominance","url",{"text":635,"type":585}," which focused on domestic critical mineral supplies.",{"type":580,"attrs":637,"content":638},{"textAlign":49},[639],{"text":640,"type":585},"The focus of PGII on clean energy brings it inline with China’s ambition to bring its Belt and Road Initiative into alignment with the Paris climate change agreement. China plans to achieve this by 2030.",{"type":580,"attrs":642,"content":643},{"textAlign":49},[644],{"text":645,"type":585},"An example of a small battery-related project within the PGII, spearheaded by the US, is a $3 million grant for a local energy developer to build a utility-scale battery energy storage system at a Vietnamese solar farm.",{"type":580,"attrs":647,"content":648},{"textAlign":49},[649],{"text":650,"type":585},"PGII is largely a relaunch of the Build Back Better World that was launched at last year’s G7 conference in Cornwall, UK. At the time, the EU and UK also had competing projects with Global Gateway and Clean Green Initiative. By working collectively, the G7 nations hope to better utilise their investments than could be achieved separately.",{"type":580,"attrs":652,"content":653},{"textAlign":49},[654],{"text":655,"type":585},"“We are building on strong national and regional initiatives,” German Chancellor Olaf Scholz said in a speech at the G7.","Leaders of the G7 democracies launched a $600 billion plan to invest in global infrastructure in low and middle income countries over the next five years, including in projects relating to the battery supply chain. The Partnership for Global Infrastructure and Investment (PGII) said it will advance four priorities: climate and energy security, digital connectivity, […]",[658],{"slug":568,"name":569,"content":659},{"job_title":571,"image":660,"bio":574,"linkedin":575},{"filename":573},"\u003C!--#storyblok#{\"name\": \"article\", \"space\": \"\", \"uid\": \"b1e177f3-d1e8-4aba-bbfb-0a7a26aed997\", \"id\": \"\"}-->","article",[664,667,670],{"slug":665,"name":666},"batteries","Batteries",{"slug":668,"name":669},"geopolitics","Geopolitics",{"slug":671,"name":672},"sustainability","Sustainability","private",{"id":49,"alt":675,"name":675,"focus":675,"title":675,"source":675,"filename":676,"copyright":675,"fieldtype":677,"meta_data":678,"is_external_url":51},"","https://a.storyblok.com/f/287943243085208/d6d384c605/bm-g7-flags.jpg","asset",{"alt":675,"title":675,"source":675,"copyright":675},"Jun 27, 2022","27th June 2022",[],[],1792152467448]