Benchmark Minerals and ICE team up for battery material futures

Reuters
04-23
Benchmark Minerals and ICE team up for battery material futures

LONDON, April 23 (Reuters) - Prices of battery materials lithium and cobalt assessed by consultancy Benchmark Minerals Intelligence will be used for contracts to be launched by Intercontinental Exchange $(ICE)$ in June, the price reporting agency told Reuters.

An agreement between BMI and ICE ICE.N signed earlier this year covers prices of lithium carbonate, lithium hydroxide, spodumene concentrate and cobalt hydroxide. Spodumene concentrate contains lithium.

(Reporting by Pratima Desai; editing by Eric Onstad)

((pratima.desai@thomsonreuters.com; +44 207 513 5681;))

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