The energy sector has dramatically transformed in recent years. Mainly because the world is focusing more on environmentally friendly sources of energy as compared to the environmental hazard sources of energy that have been in use for decades. These sources of energy include coal and fossil fuels which have been blamed for global warming and environmental degradation. Methods that are ecological are being embraced as alternative sources of energy, and they include harnessing solar energy from the sun and use of wind power. Machines like cars that used fossil fuels have shifted to the use of electric.
Energy from these renewable sources cannot be used directly. For instance, in the case of the sun it's only available during the day hence need to store the energy harnessed. These have led to rise in demand for raw materials used to manufacture storage for these energies. Key among them being lithium graphite, cobalt, and nickel which are the primary raw material used in batteries making. These raw materials demand is rising every day since the need for energy storage batteries and the famous lithium-ion batteries used in our phones and tablets. Know more at this website https://en.wikipedia.org/wiki/Mine about minerals.
The demand means that the market for these materials keeps on varying with time and depending on other market dynamics. And with the world shifting from fossil fuel, it means that whenever you talk of energy, these raw materials have to be there as well as their processed products. The processed products that these raw materials at benchmarkminerals.com are used to manufacture include cathodes, anodes and cell production in general.
So what does the demand for these raw materials and the processed products mean to the miners? Generally, you would expect the miners to benefit significantly from this demand, but it is usually not the case. Reason being many miners are busy mining and are not aware of what the market of the minerals they are meaning is performing, leaving them at the mercy of brokers and crooked buyers. For those making they may also suffer the same fate making their products hard to sell in the market.
But such plights should be suffered no more since there are companies like Benchmark Mineral Intelligence. These companies conduct market price assessments, forecasting as well as offering independent consultancy depending on the mineral. They will also provide regular analysis of any of the above minerals and their products and give a concrete opinion based on their finds.