Simon Moores Explained

Simon David Moores is a British businessman and entrepreneur, specializing in the lithium ion battery and electric vehicle industry.

He is founder and CEO of Benchmark Mineral Intelligence, an independent market intel and price reporting agency for the lithium-ion battery to EV supply chain.

Benchmark sets the lithium industry’s benchmark pricing as well as for cobalt, graphite, nickel and battery cells.^[1]

Career

Moores began his career in 2006 at Industrial Minerals. He was named Assistant Editor and three years later he became Deputy Editor, where he worked with non-metallic mineral industries. During his time as Deputy Editor, he was responsible for creating the lithium industry’s first ever annual conference, and he also broke the news that China had blocked rare earth exports to Japan in 2010.^{[2] [3] [4]}

In 2014 Moores established Benchmark Mineral Intelligence, a price report agency (PRA) that specialises in setting prices for the lithium-ion battery to electric vehicle supply chain.^{[5] [6]}

He testified to the US Senate three times, in 2017,^[7] 2019 and 2020,^{[8] [9]} where he was focused on the impact of critical mineral supply chains in the wake of the rise of energy storage and electric vehicles, and outlined the percentage of global capacity controlled by the US at each stage of the lithium-ion battery supply chain, with the answer for most being zero.^{[10] [11] [12]}

Moores has given guest lectures at Oxford University^[13] and Stanford University,^[14] and introduced the battery and electric vehicle supply chain subject to the UK public at the Royal Institution of Great Britain.^[15]

In 2021, Moores was appointed to the UK Government’s first ever Expert Committee for Critical Minerals.^[16]

References

1. Web site: Simon Moores. www.pdac.ca. 2019-09-26.
2. Web site: China bans Japan RE exports. Moores. Simon. 22 September 2010. indmin.com.
3. News: China Denies Halting Rare-Earth Exports to Japan. Shirouzu. James T. Areddy, David Fickling And Norihiko. 2010-09-23. Wall Street Journal. 2019-09-15. en-US. 0099-9660.
4. Web site: Japan investigates China RE. Moores. Simon. 24 September 2010. indmin.com.
5. Web site: Price Premium Narrows Between Lithium Hydroxide and Carbonate INN. 2019-08-20. Investing News Network. en-US. 2019-09-25.
6. Web site: Benchmark Minerals with some home truths on future lithium supplies. gareth. 2019-07-05. MiningIR. en-US. 2019-09-26.
7. Web site: Full Committee Hearing to Examine Energy Storage Technologies - Hearings and Business Meetings - Hearings - U.S. Senate Committee on Energy and Natural Resources. 3 October 2017. www.energy.senate.gov. 2019-09-26.
8. Web site: Full Committee Hearing on the Outlook for Energy and Minerals Markets in the 116th Congress - Hearings and Business Meetings - Hearings - U.S. Senate Committee on Energy and Natural Resources. 5 February 2019. www.energy.senate.gov. 2019-09-26.
9. Web site: Written Testimony of Simon Moores, Managing Director, Benchmark Mineral Intelligence. energy.senate.gov.
10. Web site: The Northern Miner Podcast – Miner Moment #19: America's worrying lack of a battery-minerals supply chain ft Benchmark's Moores. Cumming. John. www.northernminer.com. 7 February 2019 . en-US. 2019-09-15.
11. Web site: America is losing battery metals arms race. North of 60 Mining News. 2019-09-15.
12. Web site: NDAA Provides Opportunity To Counter China's Strategic EV Ambitions. 2019-08-26. The Fuse. en-US. 2019-09-26.
13. Web site: Energy Colloquia Oxford Energy. www.energy.ox.ac.uk. 2019-09-15.
14. Web site: Rare Metals Public Agenda - Securing Critical Resources in a New Green and Industrial Era. fsi-live.s3.us-west-1.amazonaws.com.
15. Web site: The Royal Institution – 12 March 2019 – The Faraday Institution. 7 December 2018 . en-GB. 2019-09-15.
16. Web site: Benchmark Joins UK Critical Mineral Expert Committee As EV Supply Chain Focus Intensifies – 29 October 2021–. 29 October 2021 . en-GB. 2021-10-29.