Lithium battery energy storage traders

Who makes energy storage batteries?

Chinese battery companies BYD, CATL and EVE Energy are the three largest producers of energy storage batteries, especially the cheaper LFP batteries. This month Rolls-Royce signed a deal with CATL to help deploy the company’s batteries in the EU and the UK.

Is the exchange trading of lithium contracts a big deal?

“The exchange trading of lithium contracts is not yet a big deal, but it is the start of a big deal,” said Will Adams, Head of Battery Raw Materials research at Fastmarkets. “The pricing mechanism in the markets continues to evolve.

Why are lithium batteries so popular?

“Lithium consumption for batteries has increased significantly in recent years,” the report continued, “because rechargeable lithium batteries are used extensively in the growing market for portable electronic devices and increasingly are used in electric tools, electric vehicles, and grid storage.”

Which long-duration energy storage technologies are gaining traction?

Both prismatic LFP cells in stationary storage and large cylindrical cells for EVs are gaining traction, taking away market share from pouch cells. Beyond lithium-ion batteries, other long-duration energy storage (LDES) technologies have a critical year ahead.

What are the major end-use markets for lithium?

United States Geological Survey reports note that although regional markets vary, “global end-use markets for lithium are: batteries, 65%; ceramics and glass, 18%; lubricating greases, 5%; polymer production, 3%; continuous casting mold flux powders, 3%; air treatment, 1%; and other uses, 5%.”

Which battery metals can be traded on the LME?

Some key battery metals such as nickel, cobalt, molybdenum and lead are already well established on the LME. We've introduced new futures contracts to provide further hedging and trading opportunities for battery materials.