FIS Completes Its First Physical Battery Raw Materials Trades  

15/05/2026 – Freight Investor Services (FIS) has arranged its first physical battery metals trades, successfully negotiating both cobalt metal and lithium hydroxide product deals, as the company continues to expand its broking presence across the energy transition commodities space.

The cobalt metal transaction involved 30 tonnes traded at $25/lb, ex-warehouse Shanghai, while the lithium hydroxide deal totalled 216 tonnes at $24.7809/kg DDP Shanghai.

Cobalt and lithium hydroxide are both critical raw materials for the battery supply chain. Cobalt is widely used in lithium-ion battery cathodes to improve energy density and stability, particularly in electric vehicles and energy storage systems. Lithium hydroxide, meanwhile, is increasingly preferred for high-nickel EV battery chemistries due to its efficiency in battery production and performance.

George Dranganoudis, CEO of FIS, said: “We’re pleased to complete our first physical battery metals trades in Cobalt metal and Lithium Hydroxide. These transactions reflect our ability to expand in new markets, strengthens our service offering in China and complements our existing derivatives business.”

If you are interested in knowing more about FIS’s analysis and product offering, please contact enquiry@freightinvestor.com 

 

 

 

Disclaimer: The information provided in this communication is not intended for retail clients. It is general in nature only and does not constitute advice or an offer to sell, or the solicitation of an offer to purchase any swap or other financial instruments, nor constitute any recommendation on our part. The information has been prepared without considering your investment objectives, financial situation, or knowledge and experience. This material is not a research report and is not intended as such. FIS is not responsible for any trading decisions taken based on this communication. Trading swaps and over-the-counter derivatives, exchange-traded derivatives, and options involve substantial risk and are not suitable for all investors. You are advised to perform an independent investigation to determine whether a transaction is suitable for you. No part of this material may be copied or duplicated in any form by any means or redistributed without our prior written consent. Freight Investor Services Ltd (FIS) is authorised and regulated by the Financial Conduct Authority (FRN: 211452) and is a member of the National Futures Association (“NFA”). Freight Investor Services PTE Ltd (‘FIS PTE’) is a private limited company, incorporated and registered in Singapore with company number 200603922G, and has subsidiary offices in India and Shanghai. Freight Investor Solutions DMCC (‘FIS DMCC’) is a private limited company, incorporated and registered in Dubai with company number DMCC1225. Further information about FIS including the location of its offices can be found on our website at freightinvestorservices.com.

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