The European Commission launched a new industry alliance on Tuesday (30 September) aimed at strengthening the EU’s “strategic autonomy” on raw materials like rare earths, which are considered key for the bloc’s green and digital transitions.
U.S. electric vehicle maker Tesla Inc TSLA.O is poised to start selling some Model 3 vehicles made in China equipped with cobalt-free lithium iron phosphate (LFP) batteries, two people familiar with the matter said.
Chinese electric vehicle (EV) battery maker SVOLT Energy Technology will supply a new, cobalt-free battery to carmaker Great Wall Motor next year, its president told Reuters on Monday. The battery will use around 75% nickel, 25% manganese and a minor percentage of other metals to boost performance. It differs from current mainstream nickel-cobalt-aluminium (NCA) batteries, nickel-cobalt-manganese (NCM) batteries or lithium iron phosphate (LFP) batteries.
Swedish lithium-ion battery maker Northvolt is raising $600 million in fresh equity through a private placement with Volkswagen, Baillie Gifford, Goldman Sachs and Spotify founder Daniel Ek among the investors, it said on Tuesday.
China's Tianqi Lithium Corp said on Tuesday it may not be able to make a $1.88 billion repayment on a loan taken out to buy a stake in Chilean miner Sociedad Minera y Quimica de Chile SQMA.SN (SQM) in 2018 as the due date fast approaches.
Tesla will build a lithium hydroxide chemical plant in Texas in what is the first move by an automotive company into lithium chemical production, Benchmark Mineral Intelligence can confirm. The EV maker will build a spodumene conversion facility adjacent to the Terafactory / Gigafactory 5 in Austin, Texas in what has a typically aggressive start up target of Q4 2022. This adds to Tesla’s plans to build a cathode facility in Texas in what Elon Musk describes as “part of our cell production plan”.
Tesla is looking to acquire a stake in LG Energy Solution, soon to be separated by LG Chem, to procure a stable supply of batteries, bank sector sources told The Korea Times, Monday. LG Chem, a key battery supplier to Tesla and General Motors, said earlier its decision to spin off its battery business in December was based on its judgment that this is the "right time" to do so, as the battery industry is growing rapidly and structural profits in the electric vehicle (EV) battery sector are being made.
Piedmont Lithium PLL.AX on Monday said it signed a five-year deal with Tesla Inc TSLA.O to supply high-purity lithium ore mineral to the U.S. electric carmaker, prompting an 83% surge in the Australian lithium miner's shares. The initial five-year agreement implies that Piedmont will supply about a third of its planned 160,000-tonnes-per-year spodumene concentrate produce from its deposits in North Carolina. Both companies have an option to extend the deal for another five years.
It finds that the spread (the difference in the cost of charging and discharging) has grown from around $130 a megawatt hour in 2018, to around $288/MWh in 2020. On top of this, the capital cost of battery storage has fallen well below the capital costs for Open Cycle Gas Turbines (OCGTs, or peaking plants), and its “fuel cost” – the price at which it charges, or buys electricity – is now trending down towards just $10/MWh. That is significantly below gas peaks. So batteries are winning on capital costs and operating costs.
India plans to offer $4.6 billion (3.6 billion pounds) in incentives to companies setting up advanced battery manufacturing facilities as it seeks to promote the use of electric vehicles and cut down its dependence on oil, according to a government proposal seen by Reuters.
California Governor Gavin Newsom has signed an executive order directing the state to ban the sale of all internal combustion engine (ICE) vehicles by 2035 in a move which is expected to “drastically” reduce demand for fossil fuels in California.
President Xi Jinping’s surprise announcement that China plans to go carbon-neutral by 2060 has left many questions, none more important than: “How?” China is the world’s largest energy user and greenhouse gas emitter, mines and burns half the world’s coal, and is the top importer of oil and natural gas. Transitioning that economic behemoth to carbon-neutrality within a few decades could cost $5.5 trillion, Sanford C. Bernstein & Co estimates, and require the deployment of technologies that are barely in use today.
What we have found is a market where batteries are in use much longer than what previously has been anticipated, at least when forecasts have been made on future volumes of end-of-life batteries. In our latest update we predict that in 2030 less than 300,000 tonnes, or 58 GWh, of lithium-ion batteries will reach end of life in Europe of which 25 GWh will come from light duty EVs. In the US less than 170,000 tonnes or 41 GWh will reach end of life. Of this a significant amount will be reused before it will be recycled.
The close relationship with solar rooftops is illustrated by the fact almost 90% of new solar installations last year were combined with a home storage system, according to the market researchers, who said the 65,000 batteries installed last year included retrofits to earlier solar rooftops.
Hyundai Motor Group and LG Chem Ltd 051910.KS are considering establishing an electric vehicle (EV) battery manufacturing joint venture in Indonesia, a person familiar with the matter told Reuters on Tuesday.
Tesla Inc. expects to see deliveries grow on the order of 30% to 40% this year, reaffirming its forecast at a time when automakers are struggling to recover from the coronavirus pandemic, Chief Executive Officer Elon Musk told shareholders.
Ganfeng Lithium announced an agreement with Jiangxi Special Electric Motor (Jiangte) to take over the operations and management of three lithium chemical converter plants from October 2020 to March 2023. Before this deal, BloombergNEF ranked Ganfeng as the second largest hydroxide producer, after Albemarle. Adding the capacity leased from Jiangte, Ganfeng will become the largest lithium hydroxide producer globally this year.
Standard Lithium Ltd., an innovative technology and lithium project development company, marks the commencement of operations at the company’s LiSTR Direct Lithium Extraction facility, with a virtual ribbon cutting event and video tour that includes a walk-through of the plant and extraction technology.
Taking advantage of the nation's large nickel output from which battery chemicals can be extracted, Indonesia has set a 2024 target to start producing lithium batteries, Coordinating Minister of Maritime and Investment Affairs Luhut Pandjaitan said.
The South Korean company said on Thursday that its board had approved the plan for a new subsidiary, tentatively named LG Energy Solution. The decision is subject to shareholder approval at a general meeting scheduled for Oct. 30.
China’s CATL will buy more than 10 million shares of Neo Lithium Corp to become the company’s third-largest shareholder, the latest in a string of investments by Chinese companies into South American lithium projects.
China dominates BloombergNEF’s lithium-ion battery supply chain ranking in 2020, having quickly surpassed Japan and Korea that were leaders for the majority of the previous decade. China’s success results from its large domestic battery demand, 72GWh, and control of 80% of the world’s raw material refining, 77% of the world’s cell capacity and 60% of the world’s component manufacturing, according to data from BNEF.
ChargePoint Inc, one of the world’s oldest and largest electric vehicle charging networks, is nearing a deal to go public through a reverse merger with Switchback Energy Acquisition Corp, people familiar with the matter said on Wednesday.
The European Union’s executive will unveil an ambitious emissions-cut plan this week that’ll leave no sector of the economy untouched, forcing wholesale lifestyle changes and stricter standards for industries. Under a new climate target for 2030, European automakers would need to embrace tougher pollution standards, with new rules that could retire combustion engines to science museums. Energy will grow increasingly cleaner, with an additional 350 billion euros ($415 billion) per year required for investment in production and infrastructure.
The BHP Nickel West plant had been due to start producing nickel sulphate in the first half of calendar 2020 and construction was largely complete more than a year ago. The mining giant's annual report, released on Tuesday, reveals the plant is still under construction and that the timetable for first production has blown out to the first half of calendar 2021.
Chinese renewable energy group Envision is looking to build a battery factory in France to supply the growing electric vehicle market, French newspaper Journal du Dimanche (JDD) said on Sunday.
The South Australia state government says it is working on an Electric Vehicle Action Plan that will look at how to make both electric vehicles and electricity more affordable, and find ways to use EV charging as a “solar sponge” to soak up excess solar production.
@renew_economy: Why 5-minute settlement will make such a difference to battery storage
Albemarle, the world’s largest lithium producer, is locked in a feud with Chilean regulators over how it calculates its reserves of the ultralight metal, a potential risk to its plans to ramp up production.
VW believes that it can catch up to Tesla where it matters when it comes to electric vehicles: mass production capacity. The head of VW’s worker union believes that they can achieve a production capacity of 1.5 million electric vehicles by 2023 ‘or sooner’.
And then there’s Europe - or at least its 16 major markets, not including Moldova, Lichtenstein, etc. It had both the largest fall in internal combustion sales (down almost 56% year on year) and a similarly humongous increase in EV sales (up more than 45%).
The share of new electric vehicle registrations in Germany reached a new record in August. The number of new purely electric vehicles (BEV) rose 220 percent from last year, to 16,076 vehicles. Their total share is now 6.4 percent, the country’s Federal Motor Transport Authority KBA said in a press release. Overall, new car registrations dropped 20 percent to 251,044. Forty-seven percent of these were petrol cars, and around 28 percent had a diesel engine.
Japan's Ministry of Economy, Trade and Industry (METI) has added India and Bangladesh to the list of relocation destinations for companies which shift their manufacturing sites from China to ASEAN countries. By expanding the scope of the subsidy programme, Japan aims to reduce its dependence on a particular region and to build a system which is able to provide a stable supply of medical materials and electronic components even in an emergency, reports Nikkei.
The European Commission added battery element lithium to its critical raw materials list on Thursday and set out a plan to guarantee their supply to support a green recovery. Lithium was highlighted by the Commission as essential for a shift to environmentally-friendly transport and energy storage. These fields mean Europe would need up to 18 times more lithium by 2030 and 60 times more by 2050, Commission Vice President Maros Sefcovic said in a statement.
Two battery metals initiatives have reported progress as Australian resources companies continue two develop initiatives towards a mine to factory lithium ion battery supply chain. FYI Resources has progressed plans to upgrade ores into high purity alumina (HPA, Al2O3), while Pure Minerals will start its nickel-cobalt pilot plant later this year.
When demand exceeded supply in a recent heat wave, electricity stored at businesses and even homes was called into service. With proper management, batteries could have made up for an offline gas plant.
Debt-ridden Tianqi Lithium will have to pay some 13.6 billion yuan ($2 billion) in debt – equal to one third of its total assets – to China Citic Bank by November this year, according to its interim report filed to Shanghai Stock Exchange on Monday. The payment is part of a $3.5 billion loan borrowed in 2018 for the high-profile acquisition of a 25.86% stake in Chilean mining company Sociedad Quimica y Minera de Chile. Tianqi’s large loan repayment debt contrasts with its earnings from the Chilean enterprise of just 129 million yuan in the first six months of the year.
QuantumScape, the 10-year-old Silicon Valley battery startup backed by Volkswagen AG, said on Thursday it plans to go public through a reverse merger with Kensington Capital Acquisition Corp KCAC.N with an enterprise value of $3.3 billion. an Jose-based QuantumScape, a 2010 spinout from Stanford University, said it will form a joint venture with VW to produce solid-state battery cells, starting in 2024, for the German automaker’s electric vehicles, and eventually for other carmakers.
Musk’s Tesla has recently acquired a licence that will enable the carmaker to trade electricity across western Europe and the company has also been surveying customers in Germany about potentially using Tesla electricity in their cars. Such moves, consultants and energy industry executives say, could set the stage for the company - possibly with one or more partners - to take on established utilities in Germany, Europe’s biggest power market and autos heartland.
The European Commission will announce the launch of a new industry alliance this week, with a view to building a complete EU supply chain for raw materials like lithium, which are seen as critical for the bloc’s digital and green transitions.
Product sample testing forms the basis and is required for supplier qualiﬁcation process, and potential Stage 2 off-take arrangements. Further validation of the Company’s exclusive and proprietary environmentally clean chemical process technology. Japanese battery cathode market targeted by Argosy for potential larger off-take arrangements.
AVZ secures rights to an additional 10% equity in Manono Project for US$15.5M. AVZ to own 75% of Manono Project on completion of transaction. Ongoing discussions to acquire additional equity in Manono Project. Potential increase in share of Project NPV from US$1,409M to US$1,761M (Pre Tax) and up from US$616M to US$771M (Post Tax) based on 75% project interest.
Resource expansion drilling has re-commenced at Gore’s Finniss Lithium Project; Drilling targeting open extensions of the Grants and BP33 orebodies; First diamond drill rig has arrived and has commenced drilling operations; Second diamond rig to arrive in the coming week; Drilling is targeting further increases to Gore’s Mineral Resources and Ore Reserves and focused on the potential to further increase Life of Mine at the Finniss Lithium Project.
EcoGraf (Australia) Limited is pleased to announce it has executed an agreement with the Western Australian Land Authority (DevelopmentWA) over a 6.7ha site in the highly sought-after Kwinana-Rockingham Industrial Area, located 30km’s south of Perth.
European Metals Holdings Limited is pleased to announce the appointment of SMS group Process Technologies GmbH as the lead engineer for the minerals processing and lithium battery-grade chemicals production at the Cinovec Project.
A mineralised corridor has been modelled using existing high grade caesium drill intersections which confirm mineralisation extends up to 80m from the northern open pit wall of the Sinclair Caesium Mine. The drill programme will target a total length of 120m as well as aim to infill and widen the mineralised zones around the existing drill intersections. A separate pegmatite, PEGOO7, that lies approximately 1km north of the Sinclair Caesium Deposit has also been identified as a target for caesium and will be drill tested in this programme.
Contained lithia (Li2O) in the Mineral Resource has increased substantially by 33% from 102,000 tonnes to 136,000 tonnes. 51% of the contained Li2O is classified as an Indicated Mineral Resource — 5.4Mt @ 1.3% Li2O from the Cade Deposit. The Mineral Resource now includes three mineralised pegmatites; Cade, Heller and Davy, located within 2km of each other. The Dome North Project is located <10km from key infrastructure, including a major highway and gas and water pipelines. It is approximately 275km from the Esperance bulk and container Seaport. Metallurgical test work on the Cade Deposit is well advanced with results expected in the second half of October. Extensional drilling immediately north of the Sinclair Caesium Mine is complete with assays expected to take 4 to 6 weeks. Drilling in one of three zones tested intersected visual crystalline pollucite.
As part of the Company’s strategic engagement with Talaxis, a global leader in EV technology metals project development, EUR has appointed Mr Kimon Gkomozias as Executive Director. Kimon will drive the Company’s financing efforts and identification of strategic development partners for the Company’s Wolfsberg Lithium Project in Austria. As part of the appointment, Company intends to complete a placement of AUD$2m at 30.045 with a l for 4 Option ($0.05, 31 July 2022).
$2.1M in funds received by way of a share placement (Placement); Strongly supported by quality Institutional and Strategic Shareholders; Key development activities to be funded by the capital raising include: Progression of the Definitive Feasibility Study for the Wolfsberg Lithium Project; Metallurgical test work to confirm end-products for key customers and markets; Progression of permitting and approvals required to begin construction; Advance discussions with offtake and financing partners; Redeem 500 outstanding Winance notes.
ioneer Ltd, an emerging lithium-boron supplier, reiterates its previously stated timeline for its Rhyolite Ridge Lithium—Boron Project in Nevada, as it aims to be permitted and ready to begin construction as early as Q2 2021.
Share Purchase Plan raises $4.5 million. Envirostream Australia Pty Ltd (‘Envirostream’) business plan accelerated. Outstanding balance on convertible note from the Lind Macro Fund LP (‘Lind’) to be repaid.
Independent assay laboratory, Hazen, expected to produce initial larger samples of battery-quality lithium carbonate within 15-18 days. Hazen is conducting a thorough analysis to optimize the process for a superior product and is in the bulk precipitation phase at present. Significant step towards independent verification of quality of Lake’s responsibly sourced, high-purity lithium, amid growing demand.
The Company requested a two-day trading halt be placed on its securities on 3 September 2020 pending an announcement regarding a capital raising. The Capital raising is currently being finalised and requests its securities be placed in a voluntary trading suspension until the capital raising is complete and an announcement made to the market in this regard.
Magnis Energy Technologies Ltd requests that an immediate trading halt be granted by the Australian Securities Exchange with respect tn its ordinary shares. The trading halt is requested for the purpose of considering, planning and executing a capital raising.
$7.65 million capital raising, co-led by Aitken Murray Capital Partners and Foster Stockbroking, to new local and overseas institutional investors, new sophisticated investors and existing shareholders. Magnis Executive Director James Dack subscribes for $0.5 million. Funds to be used to progress battery manufacturing and technology programs.
Following the ongoing success of Extra Fast Charging [EEC] results using unoptimised cells, for the next phase of Original Equipment Manufacturer [0EM] qualification, battery cells optimised for very fast charge will be used. Over 1000 charges have been conducted to date with capacity maintaining strength above 80%. EFC allows 85% charge in 6 minutes. A 12—month demonstration program funded by NYSERDA, which includes BAE Systems and Consolidated Edison on EFC batteries in Electric Buses begins. Major interest shown by overseas 0EM’s.
Orocobre Limited is pleased to announce the successful completion of its Share Purchase Plan (SPP), which closed at 5.00pm (AEST) on 22 September 2020. The SPP was open to 10,742 Eligible Shareholders. The Company received applications from 2,469 Eligible Shareholders representing a participation rate of 23% and an average application amount of approximately AS17,000.
Piedmont enters into binding sales agreement to supply spodumene concentrate to Tesla; Five-year fixed-price binding agreement with optional five-year extension; Agreement confirms the strategic nature of Piedmont’s unique American spodumene deposit; Discussions are ongoing with respect to other lithium and by-product sales arrangements.
Formal Agreements for the US$110M senior secured debt facility now executed with both BNP Paribas and Australia’s specialist clean energy investor, the Clean Energy Finance Corporation. All conditions precedent for financial close and drawdown have been satisfied. Redemption notice to be issued to the Bond Trustee to redeem the outstanding balance of the Nordic Bonds. Draw-down of the new US$110M senior secured debt facility and repayment of the Nordic Bonds anticipated by 30 September. Agreements executed also include the renewal of the US$15M Working Capital Facility with BNP Paribas.
Further to its announcement of 15 September 2020, Australian spodumene and tantalum producer, Pilbara Minerals Limited is pleased to announce that it has now completed the drawdown of the new senior secured US$110M Finance Facility (Finance Facility). The Finance Facility is provided by leading international bank, BNP Paribas and Australia’s specialist clean energy investor, the Clean Energy Finance Corporation (CEFC).
Firm commitments received by Renascor Resources Limited for a Placement to raise $3.6 million to fund work streams for Renascor’s: Siviour Battery Anode Material Project — containing the world’s second largest reported Proven Reserve of graphite on the Eyre Peninsula, South Australia; and Carnding Gold Project - drill-ready, high-grade, near-surface gold prospects in emerging gold province in Central Gawler Craton, South Australia.
Renascor enters into non-binding Memorandum of Understanding (MOU) with Chinese anode company Shanxi Minguang New Material Technology Co. Ltd. (Minguang New Material), a subsidiary of Fujian Metallurgical Holding Co. Ltd. (Fujian Metallurgical). Fujian Metallurgical is a large, Chinese state-owned enterprise with 142 subsidiaries (including 3 listed companies), more than 38,000 employees and total assets of approximately A$17 billion. Fujian Metallurgical’s holdings include a controlling ownership interest in XTC New Energy Materials Co. Ltd., China’s largest battery cathode producer, and Minguang New Material, which is developing a 40,000 tonnes per annum (tpa) battery anode manufacturing facility in China’s Shanxi Province. The MOU covers the purchase of up to 10,000tpa of Purified Spherical Graphite (PSG) over a ten year term, which represents approximately one-third of the projected initial PSG production capacity of Renascor’s planned Battery Anode Material operation in South Australia. Under the terms of the MOU, Minguang New Material and Renascor have agreed to work together to undertake additional product validation tests prior to concluding a formal binding agreement. China continues to be the dominant market for PSG. Chinese anode production capacity currently represents around 85% of global capacity, and over 90% of capacity under construction. Renascor is concurrently discussing additional potential PSG offtake agreements and undertaking PSG validation with other anode companies in China and elsewhere in Northeast Asia and battery manufacturers in Northeast Asia and Europe, with a view to securing binding commitments for its planned 28,000tpa PSG operation.
Nemaska Lithium restructuring announced in C$6OO million (AUD$624m) deal seen as ‘first piece of the puzzle’ in Québec lithium sector’s revival. Québec economy minister flags battery-making push could require more than C$7 billion of investment. Following Nemaska Lithium deal, monitor further extends bid deadline for North American Lithium to end September, with Sayona confident of delivering successful turnaround.
Placement agreed with Battery Metals Capital Group, LLC, raising up to US$2 million (AUD$2.73m); additional US$6m available at Sayona’s sole request. Funds to support Company’s growth plans, including Authier Lithium Project, Tansim project and Pilbara lithium/gold portfolio in Western Australia and other potential opportunities, including bid for North American Lithium (NAL) amid accelerating EV revolution.
Battery anode and graphene company Talga Resources Ltd is pleased to announce significant increases in the Company’s natural graphite mineral resources within its wholly-owned Vittangi Graphite Project in northern Sweden.
Ex-Tesla Director for Central Europe. Launched Models S, 3, X and Roadster in the region. Ten years’ experience at Tesla, ex-direct report to Elon Musk. Ex-Automobili Pininfarina Chief Sales Ofﬁcer; launched Electric Hyper-car. Experience in the auto industry with BMW, Kia and Porsche. Will assist Business Development team at Vulcan with exploring Zero Carbon Lithium offtake and strategic partnerships in the electric vehicle and battery sector in Europe.
European Raw Materials Alliance launch: “We have to be a little disruptive, we have to be very very fast, and we have to be relentless....” #lithium #manganese #batteries #cobalt #graphite #ERMA https://t.co/OjHJ5QIaPF via @EC_AVService— Stu Crow (@CrowStu) September 29, 2020
Of key focus to Roskill were the discussions around the company’s ambitious growth projections, technical innovation in #battery production and growing interest in the raw material supply chain. #whitepaper #BatteryDay #Tesla #cobalt #nickel #lithium https://t.co/bNNxSokBxg— Roskill (@Roskill_Info) September 29, 2020
@FT reports????VW and Chinese partners pour €15bn into China’s ???????? electric car market, in a direct assault on Tesla. In five years, the world will be flooded with affordable electric vehicles.— Alex Sundich (@AlexSundich) September 28, 2020
Disclosure: long #lithium, #copper and #nickel
When will Tesla Model 3 reach end of life? Besides cars that come off the road through write-offs after collisions it will in fact take a long time. We compared the mileage and second hand price for BMW 3-series, a direct competitor to Tesla Model 3 and f…https://t.co/Ze0Q7mSrbP— Hans Eric Melin (@hanseric) September 30, 2020
Northvolt set out to produce the world's greenest #battery, and alongside process innovation and harnessing clean energy, that means attention to logistics. For insights on what we're planning at Northvolt Ett #gigafactory https://t.co/NnjvERGARY— Northvolt (@northvolt) September 28, 2020
Tabless and bigger is the new trend - CBAK announcing it will pip @Tesla and introduce a tabless cell in 2021.— James Frith (@JamesTFrith) September 28, 2020
Its gone for a 3214 size, rather than Tesla's 4680 cell.https://t.co/D7i3IP93Z3#battchat
.@BloombergNEF calculates that India is one of the cheapest locations for building cell plants, at just $44m/GWh. Almost half the cost of the U.S.— James Frith (@JamesTFrith) September 25, 2020
The $4.6b that may be put forward by the Indian gov. could go a long way.https://t.co/xQfAfoyTuS
.@BloombergNEF's 2019 average for E-bus packs in China was $140/kWh, lowest price was $127/kWh. Great to see these prices have been blown past.— James Frith (@JamesTFrith) September 25, 2020
E-bus pack prices outside of China are higher for various reasons, but are also falling quickly.#battchat https://t.co/oQC1VBytq1
That's $117/kWh, and likely a good bit lower for large volume orders. The economics of electric buses look pretty good at that level. https://t.co/AfZ9G9Od0V— Colin Mckerracher (@colinmckerrache) September 25, 2020
By 2035, California alone will require ~150,000 tonnes of lithium chemicals per year, about 1/3 of today's global supply. https://t.co/CTgkYSbOJq— David Snydacker (@dsnydacker) September 23, 2020
US urged to subsidise electric cars on national security grounds featuring Benchmark’s @sdmoores https://t.co/okkNmttcwq— Benchmark Mineral Intelligence (@benchmarkmin) September 24, 2020
Thanks @sdmoores @amiller_bmi @CDMRawles @VivasVK7 @benchmarkmin for great summary of @Tesla #BatteryDay— Howard Klein (@LithiumIonBull) September 23, 2020
Re: #Lithium, agree with your assessment that through 2025 and likely longer, Australia and North American hard rock will be @elonmusk preferred feedstock... https://t.co/TSDRqR5HCj
NEW: We’re facing a climate crisis.— Gavin Newsom (@GavinNewsom) September 23, 2020
We need bold action.
CA is phasing out the internal combustion engine.⁰
By 2035 every new car sold in CA will be an emission free vehicle.
Cars shouldn’t give our kids asthma.
Make wildfires worse.⁰
Or raise sea levels.
Tesla outlines ambition to halve cost of batteries https://t.co/wlLUcl88ix— FT Technology News (@fttechnews) September 23, 2020
We intend to increase, not reduce battery cell purchases from Panasonic, LG & CATL (possibly other partners too). However, even with our cell suppliers going at maximum speed, we still foresee significant shortages in 2022 & beyond unless we also take action ourselves.— Elon Musk (@elonmusk) September 21, 2020
Second, @BloombergNEF battery metals refinery data supporting the thesis that China indeed controls a big chunk of the raw materials supply chain. pic.twitter.com/Ytd9xUHtxC— Kwasi Ampofo (@kd_ampofo) September 19, 2020
Roskill’s #Lithium Cost Model Service shows the strong cost position of SQM’s and Albemarle’s Chilean brine operations in 2020. This is highlighted below by the shift in the position of these operations (in orange) between 2018 and 2020 cost curves.https://t.co/LSsrQT3dm5 pic.twitter.com/B0s5oyNpSL— Roskill (@Roskill_Info) September 20, 2020
We spent 4 months to update our lithium-ion battery lifecycle data. It completely changed our view of the end-of-life market.https://t.co/iKtgFUkg6N via @LinkedIn— Hans Eric Melin (@hanseric) September 18, 2020
Roskill White Paper: Critical materials - international strategies and approaches — Roskill https://t.co/HE2CYg7LYj via @Roskill_Info— Jens Emil Soderlund ???????? (@emil_jens) September 18, 2020
So, Indonesia can attract battery manufacturers based on their nickel resources (which Australia also has). But Australia cant attract battery manufacturers despite its dominance in the lithium supply side. Why not???@LithiumValleyWA@BillJohnstonMLA@MarkMcGowanMP#auspol #ASX https://t.co/0eyxze9xxW— Lithium News (@batt_li) September 17, 2020
Daimler, Scania and Mack all with big electric and fuel cell truck announcements in the last few days. The incumbents are not standing still here. https://t.co/m4rW0agtvI— Colin Mckerracher (@colinmckerrache) September 16, 2020
EU CO2 regulations getting tighter... short-term solutions like PHEV & 48V will get auto OEMs nowhere (Tesla has not reached its glory through hybrid solutions). A focus on BEV & FCEV is necessary to comply and to remain competitive in the future transport market! @Roskill_Info https://t.co/l31wS6be1B— Jose Lazuen (@JoseLazuen) September 14, 2020
#Solar power contributes 94 per cent of South Australia's state demand at midday on Sunday, as state government looks to use electric vehicles as a "solar sponge" https://t.co/EXNCR3NnLe— RenewEconomy (@renew_economy) September 14, 2020
Korea Li Chemical imports: last 12 month flat since Oct 19 at levels of 30 kMT-LCE/y. However, a very significant mix change, LiOH becoming bigger than Li2CO3. pic.twitter.com/6hobsaSfQj— Daniel Jimenez Sch (@D_Jimenez_Sch) September 12, 2020
Eight mines the size of Glencore’s Katanga needed to meet battery metals demand #cobalt | report https://t.co/UwUOP05Neg https://t.co/HplwgYvqry— Thematica (@Thematicafunds) September 11, 2020
Chilean Lithium Exports August 2020— Daniel Jimenez Sch (@D_Jimenez_Sch) September 7, 2020
High volumes. Last 3 month avg points to 100 kMT-LCE on a annual basis.
LiOH exports to Korea (SQM) gaining momentum. pic.twitter.com/4aclXcvo7t
EV noises in WA pic.twitter.com/r4lldefAdy— Lithium News (@batt_li) September 9, 2020
UK EV sales gain market share in Aug 2020 - nearly 10%...
@RodneyHooper13: UK EV sales gain market share in Aug 2020 - nearly 10% (9.7%) versus a year to date 8.2%. Total auto sales recovering. The Netherlands also climbing (16%), Germany (13%) and France (10.5%). The VW ID.3 launches this month and Tesla exports rising. Expect a record Sept in Europe.
For years we thought Europe wouldn't get into battery manufacturing...
@JamesTFrith: For years we thought Europe wouldn't get into battery manufacturing... and then they did. Then we thoughts they would never have a foothold in the raw material supply chain... looks like that is about to change too
...expected to result in the ability to generate near-firm wind and solar at low costs...
Continued decline in battery costs are expected to result in the ability to generate near-firm wind and solar at low costs even after tax credits phase down.
Weak market conditions are having a significant impact on the profitability...
@Roskill_Info: Weak market conditions are having a significant impact on the profitability of several major spodumene producers. With Roskill forecasting spodumene prices to remain subdued for the next 12-18 months, many producers look set to remain under pressure.