All aboard Europe’s lithium bandwagon

2020-08-11T12:08:55+08:00August 11th, 2020|Industry News|

(London) — A gang of Perth mining juniors is clambering aboard Europe’s lithium bandwagon, shrugging off the global price doldrums and betting that European governments and car makers will deliver an electric vehicle and battery bonanza.

The fundamentals for a European lithium boom seem in place. Coronavirus has put barely a dent in the European car makers’ sales of, and ambitions for, electric vehicles – and soon they will need more battery-ready lithium than the world can supply.

Europe is the place where lithium demand is going to grow the fastest of anywhere in the world, and it has no domestic supply whatsoever,” says EMH executive chairman Keith Coughlan. “The supply-demand equation is as simple as that.”

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By Hans van Leeuwen (PUBLISHED August 9, 2020, 11.25pm)
For AFR (http://www.afr.com/)
Image credit: Getty – Rolling them out: Electric cars ready to leave VW’s German plant.

Battery Metals at Risk of Supply Snags as Demand Surges, UN Says

2020-07-23T10:20:26+08:00July 23rd, 2020|Industry News|

(Bloomberg) — European governments approved the most ambitious climate change plan to date, agreeing to pour more than 500 billion euros ($572 billion) into everything from electric cars to renewable energy and agriculture.

The plan is part of Europe’s bid to become the world’s first climate-neutral continent by 2050.

Significantly, for a country where car manufacturing represents a significant part of the economy, no funds were directed toward fossil fuel cars. Subsidies to buy electric vehicles in Germany are so generous that some Renault models can be acquired for free.

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By Ewa Krukowska and Laura Millan Lombrana (PUBLISHED July 22, 2020, 6:26 PM)
For BloombergQuint (http://www.bloombergquint.com/)
@BloombergQuint
Image credit: Photographer – Alex Kraus/Bloomberg

Battery Metals at Risk of Supply Snags as Demand Surges, UN Says

2020-06-25T10:20:05+08:00June 25th, 2020|Industry News|

  •  Global rechargeable battery market to grow 7% during 2019-2024
  •  Market for cathode expected to reach $58.8 billion by 2024

Supplies of lithium and other minerals used in rechargeable batteries are highly concentrated in just a few countries, leaving the raw materials vulnerable to disruption as a boom in electric cars bolsters demand, according to the United Nations.

“The rise in demand for the strategic raw materials used to manufacture electric batteries will open more trade opportunities for the countries that supply these materials,” Pamela Coke-Hamilton, UNCTAD’s director of international trade, said in a statement. “It’s important for these countries to develop their capacity to move up the value chain.”

The rechargeable battery market is expected to grow at a compound annual growth rate of about 7% during 2019-2024. The market in cathode for lithium-ion batteries, the most common rechargeable car battery, is expected to jump to $58.8 billion by 2024 from $7 billion in 2018, according to the report.

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By (PUBLISHED THURS, JUNE 25 2020, 01:23 GMT +8)
For Bloomberg (http://www.bloomberg.com/)
Image credit: Photographer – Cristobal Olivares/Bloomberg

UK government plans to ban the sale of diesel and gasoline cars by 2035

2020-02-05T12:45:18+08:00February 5th, 2020|Industry News|

  • The plans were announced on Tuesday (4th February 2020) and are subject to consultation.
  • Ending sale of petrol, diesel or hybrid cars or vans leaves consumers to choose between electric and hydrogen vehicles.

The U.K. government wants to end the sale of new diesel and petrol (gasoline) cars by the year 2035.

Grant Shapps, the U.K.’s transport secretary, said that the government’s £1.5 billion ($1.95 billion) strategy to “make owning an electric vehicle as easy as possible” was working, claiming that in 2019 a “fully electric car was sold every 15 minutes.”

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By Anmar Frangoul (PUBLISHED TUE, FEB 4 20205:42 AM EST)
For CNBC (http://www.cnbc.com/)
Image credit: esp_imaging | E+ | Getty Images

Merkel Cheers VW’s Electric Push Amid Growing Climate Critique

2019-11-13T15:34:13+08:00November 4th, 2019|Industry News|

  • Chancellor under fire on emissions, VW touting battery model
  • Merkel marking ID.3 production start at revamped Zwickau site

Angela Merkel’s visit to a revamped Volkswagen AG electric-car plant in Zwickau on Monday is a stark reminder of what’s at stake both for the German chancellor and VW boss Herbert Diess.

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Posted 4th November 2019.
By

and

Link to article on bloomberg

Bolivia walks away from lithium project with German company

2019-11-05T13:14:38+08:00November 4th, 2019|Industry News|

Bolivia’s government has cancelled a joint venture project with Germany’s privately owned ACI Systems Alemania (ACISA), which was seeking to develop a massive lithium project in the country’s southern highlands.

Potosí authorities said the decision followed a decree emitted by President Evo Morales over the weekend in which he overturned a previous order permitting the $250 million lithium operation.

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Posted 4th November 2019.
By Cecilia Jamasmie
Link to article on Mining.com

Renewables surpass fossil fuels in ‘milestone moment’ for UK power sector

2019-10-16T14:50:16+08:00October 15th, 2019|Industry News|

Renewables made up a larger percentage of electricity generation than fossil fuels did in the UK for the first time in Q3 this year.

According to new analysis by Carbon Brief, in the three month period running July to September this year the UK’s windfarms, solar panels, biomass facilities and hydro plants generated 29.5TWh of power, while coal, gas and oil generated just 29.1TWh. This is the first time renewables have been responsible for more generation than fossil fuels since the first public electricity generation station opened in 1882.

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Posted 15th October 2019.
By Molly Lempriere
Link to article on Current±

Batteries: New mobility demands see renewed emphasis on raw material sustainability in the EU

2019-10-20T05:28:01+08:00October 15th, 2019|Industry News|

EIT Raw Materials held the Expert Forum on Sustainable Materials for Future Mobility, Electrification and Lightweight Design in Turin, Italy in early October. At the event, Roskill presented its outlook for raw materials impacted by growing demand from EV applications. The forum discussed European strategy in highlighting and securing raw material supply chains, including announcements from the EU Commission regarding sustainability and life-cycle analysis for battery raw materials and funding totalling €10Bn (US$10.9Bn) for research during the Horizon 2021–2027 period.

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Posted 14th October 2019 in General News.
By David Merriman
Link to article on Roskill News

Tesla Warns of Lithium-ion Battery Mineral Shortage

2019-10-09T07:10:29+08:00October 9th, 2019|Industry News|

Speaking at an industry conference in May, Tesla’s supply chain manager Sarah Maryssael called on the U.S. government to help ensure the ongoing availability of minerals needed to produce lithium-ion batteries, including lithium, nickel, and copper.

In the U.K., Professor Richard Herrington raised the concern about mineral shortages restricting the rapid growth of the electric vehicle market in a letter to the UK’s Committee on Climate Change, in which he wrote, “Over the next few decades, global supply of raw materials must drastically change to accommodate [the world’s] transformation to a low carbon economy.”

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Link to article on thomasnet.com

Europe’s Batteries Push Promises Much-Needed Relief For Investors

2019-10-03T10:23:13+08:00September 24th, 2019|Industry News|

They have dubbed it the “Airbus of batteries”. Bruno Le Maire, the French finance minister, joined with his German counterpart in Paris last week to unveil plans for a battery plant to supply electric cars, part of a pan-European project backed by public money.

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By Henry Sanderson for the Financial Times
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