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Evaluating battery minerals future supply through production predicting in the context of the green energy transition
Luleå University of Technology, Department of Civil, Environmental and Natural Resources Engineering, Minerals and Metallurgical Engineering.
Luleå University of Technology, Department of Social Sciences, Technology and Arts, Social Sciences.ORCID iD: 0000-0003-1574-3862
Luleå University of Technology, Department of Social Sciences, Technology and Arts, Social Sciences.ORCID iD: 0000-0003-0767-4908
Luleå University of Technology, Department of Civil, Environmental and Natural Resources Engineering, Minerals and Metallurgical Engineering.ORCID iD: 0000-0003-4861-1903
2025 (English)In: Resources policy, ISSN 0301-4207, E-ISSN 1873-7641, Vol. 103, article id 105526Article in journal (Refereed) Published
Abstract [en]

A global transition from the current “brown economy” to a “green economy” has been perceived as an ineluctable carbon neutrality strategy to deal with climate change and its global devastating impacts. This global ambition of green economy necessitates large-scale electrification which imposes growing demand for lithium-ion batteries as state-of-the-art energy storage technologies. Thereupon, the developing market of batteries reinforces the concern over the resilient and consistent supply of battery raw materials. By the reason of the interdependencies of all the stages involved in a value chain of a battery, it is critical to identify the battery material supply-disruptive risks and uncertainties, and subsequently to analyze the impacts of the perpetuation of the supply issues on the future market of batteries. In this research study, to contribute to these processes necessary for overcoming the ongoing supply sustainability challenges, the focus is on lithium, nickel, graphite, and cobalt, which are among the battery raw materials with high supply risks. After analyzing and categorizing the driving forces behind the historical and current bottlenecks to their mining production, the regional and global mining production of those battery materials have been predicted for twenty years ahead using three time series forecasting techniques including Seasonal Autoregressive Integrated Moving Average, Holt's linear trend, and Holt-Winters’ methods. Forecasting possible future production trends of those battery raw materials is indisputably imperative to resolve planning strategies while dealing with uncertainties and supply risks. Reliable supply forecasting results provide more uncertainty and risk management achievements since the stakeholders and policymakers can use the outcomes as a source of information in the decision-making process at any stage of a lithium-ion battery value chain.

Place, publisher, year, edition, pages
Elsevier, 2025. Vol. 103, article id 105526
Keywords [en]
Production forecasting, Battery raw materials, Supply sustainability, Uncertainties, Supply disruptions
National Category
Other Environmental Engineering Energy Systems
Research subject
Mineral Processing; Political Science; Law
Identifiers
URN: urn:nbn:se:ltu:diva-110494DOI: 10.1016/j.resourpol.2025.105526Scopus ID: 2-s2.0-85219585655OAI: oai:DiVA.org:ltu-110494DiVA, id: diva2:1907329
Funder
Swedish Research Council Formas, (dnr 2021–02439)
Note

Validerad;2025;Nivå 1;2025-10-15 (u2);

Full text: CC BY license;

Available from: 2024-10-22 Created: 2024-10-22 Last updated: 2025-10-21Bibliographically approved
In thesis
1. Sustainability challenges in the value chains of battery minerals
Open this publication in new window or tab >>Sustainability challenges in the value chains of battery minerals
2025 (English)Licentiate thesis, comprehensive summary (Other academic)
Abstract [en]

To address the climate change issue, a global transition from the current “brown economy” to a “green economy” is imperative. The realization of this worldwide ambition necessitates large-scale electrification which leads to a growing demand for lithium-ion batteries as energy storage technologies. The developing market of batteries requires significant mineral and metal inputs. However, there are diverse challenges, rooted in different stages of a battery value chain, in meeting the escalating demand for battery metals and minerals. These challenges consist of, for example, various uncertainties; the need for building institutional and knowledge capacity; environmental, social, economic, and governance issues; and geopolitical tensions. These challenges can hinder the uninterrupted supply of battery raw materials and propagate through the whole battery value chain affecting all involved stakeholders. This fact reinforces the global concern over how to enhance the resilience of supply for each battery raw material, while upholding sustainable development goals. The aim of this research work is to contribute to the development of the knowledge domains that are considered prerequisites to the supply sustainability of battery minerals and a real green transition.  

Here, considering the entire value chain of a lithium-ion battery, the approaches adopted by regulatory agencies, governments, mining companies, and vehicle and battery manufacturers are evaluated. The objectives of this evaluation are to discern and categorize gaps and opportunities in the implemented strategies, to identify key criteria for resilient and sustainable battery mineral value chain, and to analyze the roles of various actors in global mineral supply chains during the transition to a green economy. These assessments are accompanied by the analyses of the factors threatening the primary supply of the selected battery raw materials including lithium, cobalt, graphite, and nickel. The purpose of these in-depth analyses is to comprehend the interplay between mine production of each individual battery raw material and a multitude of risks and uncertainties, which is a valuable asset to supply chain management. 

Moreover, another objective of this work is to predict the future mining production of the selected battery raw materials in twenty years ahead. To achieve this, three time series forecasting techniques namely Seasonal Autoregressive Integrated Moving Average, Holt’s linear trend methods, and Holt-Winters techniques are Utilized. Predicting the future regional and global mining production of battery raw materials provides decision makers with a knowledge platform about the dynamics of supply security in the future. This platform can also help the stakeholders engaged in the different stages of a battery value chain to adopt sound strategies to minimize the probability of demand and supply imbalance in the future.

Place, publisher, year, edition, pages
Luleå University of Technology, 2025
Series
Licentiate thesis / Luleå University of Technology, ISSN 1402-1757
Keywords
Climate Change, Battery Minerals, Sustainable Supply, Supply Disruptions, Production Forecasting
National Category
Metallurgy and Metallic Materials
Research subject
Mineral Processing
Identifiers
urn:nbn:se:ltu:diva-110506 (URN)978-91-8048-690-3 (ISBN)978-91-8048-691-0 (ISBN)
Presentation
2025-01-23, E632, Luleå Univeristy of Technology, Luleå, 09:30 (English)
Opponent
Supervisors
Funder
Swedish Research Council Formas, 155189
Available from: 2024-10-22 Created: 2024-10-22 Last updated: 2026-06-11Bibliographically approved

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Jannesar Niri, AnahitaPoelzer, Gregory APettersson, MariaRosenkranz, Jan

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