me-metals: The world’s second largest miner Rio Tinto (ASX, LON: RIO) plans to create a standalone lithium division after it closes its $6.7 billion acquisition of Arcadium Lithium (ASX: LTM)(NYSE: ALTM), according to an internal memo seen by Reuters.
News ID: 11673 Publish Date : 2025/01/18
me-metals: Lithium prices are expected to stabilize in 2025 after two years of steep declines as shuttered mines and robust electric vehicle sales in China soak up an oversupply, although the potential for mines to reopen may cap gains, analysts and traders said.
News ID: 11657 Publish Date : 2025/01/14
me-metals: Credit: Albemarle America has become unacceptably reliant on foreign competitors for critical materials and manufacturing processes. Post-Cold War assumptions about peace, trade, and eventual liberalizations led the US government and businesses to rely heavily on China – for manufacturing, pharmaceuticals, and raw materials. Today, the foreign reliance that brought down costs by shipping domestic industrial capacity abroad has become one of America’s most acute weaknesses, particularly in the case of critical minerals. America uses minerals for a range of strategic military and commercial applications, some of which the US relies substantially or wholly on imports to provide. Among the fifty critical minerals that the Department of Energy identified in its 2023 DOE Critical Minerals List, lithium best represents both the threat of American foreign overreliance as well as an opportunity for the US to decrease its critical mineral vulnerability.
News ID: 11599 Publish Date : 2024/12/25
me-metals: Buyers and sellers of lithium are locked in annual supply talks for 2025 as producers push for better terms after another challenging year for the key battery material.
News ID: 11593 Publish Date : 2024/12/23
me-metals: Many lithium mines, led by Chinese operators, are maintaining production of the raw material needed for electric vehicle ( EV ) batteries, in defiance of prices weak enough to trigger mass output cuts – providing a boon for battery makers.
News ID: 11551 Publish Date : 2024/12/11
Tesla’s promise to slash battery costs by 50% has led the carmaker to dabble into a whole new field of making its own battery cells and, therefore, is looking into manufacturing cathodes and extracting associated raw materials.
News ID: 10331 Publish Date : 2021/08/31
Slowing electric vehicle ( EV ) demand in China and disruption during the Covid-19 pandemic will continue to hit the major Chinese lithium producers, including Tianqi Lithium and Ganfeng Lithium, into the second quarter.
News ID: 9167 Publish Date : 2020/04/16
On Tuesday, April 14, China’s State Grid announced to invest RMB 2.7 billion in total to construct charging piles. It said it plans to build 78,000 charging piles in 2020, which is 10 times more than the addition last year.
News ID: 9162 Publish Date : 2020/04/15
South Korea's government forecasts the country having more than 200,000 electric and hydrogen vehicles on its roads by the end of this year amid increased public incentives.
News ID: 8291 Publish Date : 2020/01/10
European cobalt metal prices have increased since the start of the year, as the market anticipates higher demand and the electric vehicle ( EV ) market takes off in Europe.
News ID: 8286 Publish Date : 2020/01/10
The European Commission has approved €3.2bn ($3.54bn) in state aid for battery makers as part of a project to develop large-scale battery manufacturing in the EU.
News ID: 7898 Publish Date : 2019/12/10
Despite the continuous drop in sales of electrified vehicles after the subsidy cut in June, Beijing continued its push on the automakers towards building more electric vehicles. The message was conveyed in the draft “development” plan of the Ministry of Industry and Information Technology for the domestic electrified vehicle industry covering 2021-35.
News ID: 7795 Publish Date : 2019/12/06
Australian lithium developer Liontown Resources has confirmed the potential for its Kathleen Valley project in Western Australia (WA) to become a significant open-pit lithium mine from 2024 before transitioning to underground operations later in its mine life.
News ID: 7698 Publish Date : 2019/12/02
The strike at General Motors (GM) ended today as United Automobile Workers (UAW) union members ratified a new collective bargaining agreement that includes plans to transition two idled facilities to electric vehicle production.
News ID: 6992 Publish Date : 2019/10/25
Lithium prices plummeted in 2019, as the market tipped into oversupply and EV growth slowed. Production of the battery metal is set to almost triple by 2025 to more than 1.5 million metric tons, but there are concerns that a fall in upstream investment could flip the market into undersupply further out.
News ID: 6968 Publish Date : 2019/10/24
The trial conducted by 25-year-old Akshay Singhal on his electric car Mahindra e2o Plus to run on water and aluminium had done several round ups on the internet last year, and now its receipt of a $3.5 million funding is drawing attention. The news came on Monday, October 21, when the company Log 9 Materials announced that it received the funding in Series A round led by Exfinity Venture Partners and Sequoia Capital India’s accelerator programme Surge.
News ID: 6836 Publish Date : 2019/10/22
South Korean exports of electric vehicles ( EV s) during January-September rose by 144pc from a year earlier to 49,160 units, supporting increased demand for cobalt and other key battery materials.
News ID: 6800 Publish Date : 2019/10/21
The first round of CO2 targets for light vehicles in the EU established fleet average limits of 130g CO2/km in 2015, and 95g CO2/km in 2021.
News ID: 6686 Publish Date : 2019/10/17
China's new-vehicle market has contracted for the 15th straight month, with sales declining 5.2 percent from a year earlier to 2.27 million in September, as the nation’s weakening economy continues to weigh on light vehicle demand.
News ID: 6657 Publish Date : 2019/10/15
Most of the world’s top companies mining for lithium, cobalt and other minerals used in the making of electric vehicles’ ( EV s) batteries, solar panels and other green technologies have been linked to alleged human rights abuses since 2010, a new report claims.
News ID: 6338 Publish Date : 2019/09/05