Benchmark Mineral Intelligence Explained

Benchmark Mineral Intelligence also known as Benchmark Minerals, founded and owned^[1] by Simon Moores in 2014, is a London-based Price Reporting Agency (PRA) and specialist information provider for the lithium-ion battery to electric vehicle (EV) supply chain. The company had £11 million in assets as of 2022.^[2]

Overview

Benchmark Minerals’ price assessment division regularly price raw material on lithium, cobalt, graphite and nickel. In August 2019, the company was awarded the highest International Organization of Securities Commissions (IOSCO) assurance, known as Type 1 Reasonable assurance by Ernst & Young (EY) for its lithium prices.^[3]

In 2021, Benchmark was awarded the IOSCO accreditation by PwC for all of its key battery raw materials of lithium, cobalt, nickel and graphite - the first time ever such an accreditation was awarded individually for each. ^[4]

Its Lithium ion Battery Megafactories Assessment tracks the global build out of cell capacity worldwide including cathode, anode, raw material demand, cell format and end users.^[5]

Benchmark Minerals holds events where its own expert analysts present their latest data, analysis and views on the market. The Benchmark World Tour is the series of free-investment seminars for the industry. Originally starting with 8 cities back in 2015, the Benchmark World Tour has grown to 15 cities world-wide including New York, Toronto, Sydney, Melbourne, Hong Kong, Tokyo, Seoul, London, Frankfurt, and Cape Town.^{[6] [7]}

Benchmark Minerals’ premier industry event is known as Benchmark Minerals Week that takes place in California each year, it features two main shows, Cathodes Conference and Graphite & Anodes Conference.^{[8] [9]}

Benchmark Minerals Summit takes place in Washington DC each year in May. The conference brings together both US-based lithium-ion battery to electric vehicle supply chain and US government departments and policy makers.^{[10] [11]}

Benchmark Mineral Intelligence has testified to the US Senate Committee for Energy & Natural Resources on three occasions, in 2017, 2019, and 2020^{[12] [13]}

References

1. Web site: BENCHMARK INTELLIGENCE GROUP LIMITED persons with significant control - Find and update company information - GOV.UK . 2024-08-02 . find-and-update.company-information.service.gov.uk . en.
2. Web site: BENCHMARK MINERAL INTELLIGENCE LIMITED filing history - Find and update company information - GOV.UK . 2024-08-02 . find-and-update.company-information.service.gov.uk . en.
3. Web site: Price Premium Narrows Between Lithium Hydroxide and Carbonate INN. 2019-08-20. Investing News Network. en-US. 2019-12-02.
4. Web site: Benchmark awarded IOSCO Assurance Bloomberg. 2019-09-21. Bloomberg. en-US. 2019-09-21.
5. Web site: Megafactories buildout could up nickel demand in batteries 19 fold—Benchmark. 2019-02-05. MINING.COM. en-US. 2019-12-02.
6. Web site: Benchmark Mineral Intelligence. Eventbrite. en-us. 2019-12-02.
7. Web site: Benchmark Mineral Intelligence Cathodes, USA, 12-14 November 2019. rbm.umicore.com. en. 2019-12-02.
8. Web site: Managing Director, David Anonychuk, at Benchmark Minerals Week's Cathodes conference in Newport Beach, California M.Plan International. en-US. 2019-12-02.
9. Web site: Albemarle Corporation to Attend Benchmark Minerals Cathodes 2018 Conference. Albemarle. en. 2019-12-02.
10. Web site: Murkowski, Manchin, Colleagues Introduce Bipartisan Legislation to Strengthen America's Mineral Security - Republican News - Newsroom - U.S. Senate Committee on Energy and Natural Resources. www.energy.senate.gov. 3 May 2019 . 2019-12-02.
11. News: Exclusive: United States sets sights on China in new electric vehicle push. 2019-04-05. Reuters. 2019-12-02. en.
12. Web site: Technology: EV 'arms race' revs up Murkowski's old minerals bill. www.eenews.net. en. 2019-12-05. May 9, 2019.
13. Web site: Murkowski: Energy and Mineral Security are the Building Blocks of a Robust Economy - Republican News - Newsroom - U.S. Senate Committee on Energy and Natural Resources. www.energy.senate.gov. 5 February 2019 . 2019-12-05.