# EV Demand Drives Phosphate Rock Market

> Arianne Phosphate is highlighted as phosphate rock prices have risen since April 2020 after a seven-year decline. Demand from lithium iron phosphate (LFP) EV battery makers is creating potential competition with fertiliser producers. The company is also researching fertiliser made from organic waste that could bypass current producers.

- Date: 2022-03-07 · published 2022-03-07T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/5513-ev-demand-drives-phosphate-rock-market
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Growing battery-grade demand for phosphate could compete with fertiliser use and support phosphate rock prices. The effect is mostly longer-term and speculative.

## Read by commodity

- PHOSROCK: bullish ▲

## Sources

- streetwisereports.com: https://www.streetwisereports.com/article/2022/03/07/ev-demand-drives-phosphate-rock-market.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.