CME GROUP reported a standard trade activity across the mineral batteries complex, where the size of the size and the open benefits reached levels at all times on May 29.
The derivative market said that 2587 contracts were traded through a group and options of its battery metals, bypassing the previous record of 2,301 contracts on February 11.
Open attention also reached a new peak of 64,387 contracts.
“These new records were driven by the normative hydroxide and the Cobalt metal future, each of which reached more than 1,000 contracts that were circulated in one day for the first time,” said Jin Henig, Managing Director of the International Head of Minerals at CME Group.
“We are also witnessing strong growth in commercial users, which helps to attract a wide range of participants and increase prices.”
The stock exchange said that the average daily size across the complex this year is 837 contracts, which doubles the number from 2024. All days of the ten battery minerals occurred in 2025.
CME Group offers a range of battery mineral products, including future contracts and options on lithium hydroxide, lithium carbonate, cobalt minerals, cobalt, and spudomin. All contracts are listed through Comex rules and subject to them.