Oct. 23, 2017 04:40PM PSTBase Metals
Andrew Miller of Benchmark Mineral Intelligence speaks about nickel and graphite, both of which may deserve more attention this year.
Speaking with the Investing News Network at Cathodes 2017, Benchmark Mineral Intelligence Senior Analyst Andrew Miller shared his thoughts on the nickel and graphite markets.
With demand for lithium-ion batteries rising, metals such as cobalt and lithium have seen increases in demand and prices. Both of those metals have made headlines in 2017, but nickel, another key component of lithium-ion batteries, has not.
“The supply of nickel chemicals is more constrained than nickel metal, which is the wider known commodity,” Miller explained, noting that producers will need to change their mindset and understand that the processing of the metal is what’s critical for batteries.
Graphite is another metal that is crucial for lithium-ion batteries, and it also has not been getting as much attention as other battery components this year.
“We haven’t seen the same price uptick in the graphite market [compared to other metals], but in the second half of the year both natural and synthetic graphite prices have increased,” Miller said.
Watch the video above to hear more about Miller’s thoughts on nickel and graphite. The transcript for this interview will be added shortly.
Don’t forget to follow us@INN_Resource for real-time news updates!
Securities Disclosure: I, Priscila Barrera, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: 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.
analystandrew millerbenchmark mineral intelligencegraphite marketlithium ion batterieslithium-ionsynthetic graphiteusNickel Investing