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HomeLithium

Lithium

new mines
Climate Crisis

MORE THAN 300 NEW MINES REQUIRED TO MEET BATTERY DEMAND BY 2035

October 17, 2022 Mariel Alumit

More than 300 new mines could need to be built over the next decade to meet the demand for electric vehicle and energy storage batteries, according to a Benchmark forecast. At least 384 new mines […]

Supply chain
Energy Storage

Supply chain issues constraining US energy storage industry growth, says BloombergNEF

September 20, 2022 Mariel Alumit

Supply chain constraints impacting the energy storage industry have come at a “critical” stage for the sector’s development, a BloombergNEF analyst has said. Speaking at a workshop hosted by the International Battery Energy Storage Alliance […]

Glencore
Rare Earth Minerals

Glencore eyes adding lithium to trading business — report

September 19, 2022 Mariel Alumit

Mining and commodities giant Glencore (LON: GLEN) is said to be evaluating the addition of lithium to the suite of metals it trades, as the battery metal has become the driving force behind electric vehicles […]

Lithium
Finance

Spiking Lithium Prices Driving EV Costs Up The Daily Financial Trends

September 17, 2022 Mariel Alumit

Rising lithium prices are the latest challenge to face the electric vehicle industry. Lithium carbonate has just risen to a new high price of 500,500 yuan, or $71,315, per ton in China, according to new […]

Tesla
Electric Vehicles

Tesla considering lithium refinery in Texas, seeks tax relief

September 10, 2022 Mariel Alumit

(Reuters) Tesla Inc is considering setting up a lithium refinery on the gulf coast of Texas, as it looks to secure supply of the key component used in batteries amid surging demand for electric vehicles. […]

US Electric
Electric Vehicles

US Electric Cars Get Jumpstart — and Roadblocks

August 26, 2022 Mariel Alumit

US electric vehicle (EV) uptake is poised to accelerate due to new incentives within the Inflation Reduction Act, but strings are attached. Federal EV tax credits of $7,500 have been available to EV buyers for […]

EV
Climate Crisis

Lithium Prices Putting EV Producers Under Pressure

August 25, 2022 Mariel Alumit

With demand for electric vehicles on the rise, and production bans for petrol and diesel cars in some key markets on the horizon, one of the essential metals required to fuel this mobility boom, has been surging […]

South America
Climate Crisis

South America’s ‘lithium fields’ reveal the dark side of our electric future

August 8, 2022 Mariel Alumit

Lithium extraction fields in South America have been captured by an aerial photographer in stunning high definition. But while the images may be breathtaking to look at, they represent the dark side of our swiftly […]

lithium
Climate Crisis

Europe Mulls Classifying Lithium As Toxic. Climate Goals In Danger.

July 1, 2022 Mariel Alumit

A potential European Commission (EC) act to classify lithium as a Category 1A reproductive toxin in this year’s fourth quarter could undermine the European Union’s attempt to create and support a domestic battery materials supply […]

ESG
Rare Earth Minerals

Natural Gas, Oil Players Eyeing Lithium to Build ESG Cred

June 9, 2022 Mariel Alumit

The level of interest in lithium extraction produced water, aka brines, among exploration and production companies, oilfield services firms and others is “growing,” said Lium Research partner Joseph Triepke. “Three to five years ago, almost no […]

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