Battery Metals Desk
The global energy transition and race towards net-zero emissions has increased demand for Lithium, Cobalt and Molybdenum, key metals essential to the battery supply chain and the electrification of industries, particularly electric vehicles and energy storage systems.
In this fast-evolving market, our Battery Materials desk is dedicated to supporting clients worldwide, seeking expertise in navigating this truly global market by providing strategic insights and best-in-class execution.
Fast-growing global markets
Electric Vehicle adoption is accelerating at a remarkable pace, with projections showing a surge from 13.9 million units in 2023 to over 30 million by 2027. This exponential growth is driven by advances in EV technology, declining battery costs, and a strong consumer shift towards sustainable transportation.
Governments worldwide are implementing aggressive policies to combat climate change, with many targeting 2050 to achieve net-zero emissions. A key part of these policies is the phasing out of internal combustion engine (ICE) vehicles, adding further momentum to EV adoption.
Managing risk and exposure
The rapid growth of EVs is driving unprecedented demand for battery metals, particularly lithium and cobalt, as countries across the globe intensify efforts to meet ambitious climate goals and transition to net-zero emissions. Lithium, the cornerstone of EV batteries, has seen its production increase twentyfold over the last 30 years. Similar trends are evident in cobalt markets, essential for high-performance batteries.
The convergence of global climate policies, surging EV demand, and the growing importance of battery metals is reshaping the automotive and energy industries. As a result, there is increasing need for clients to effectively manage price risk and exposure in battery metal supply chains.
Expertise and insight
Our new desk, operating from both London and Singapore will leverage TP ICAP's extensive market infrastructure and deep expertise to provide clients with innovative solutions to meet these challenges.
By facilitating greater liquidity and transparency in the battery materials market, TP ICAP plays a crucial role in helping clients protect their revenues and optimize their risk management strategies. As the world's leading interdealer broker, we offer valuable insights into the challenges clients face in this exciting market during a time of truly global transformation.
Products
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