North American graphite miners are lobbying the US government to impose a 25% tariff on three graphite products sourced from China in order to counter Beijing’s monopoly on a key material used in automobile batteries. If successful, the move will pit the miners against their main customers- the original equipment manufacturers (OEMs) and add to […]
Battery Metals
Half of all copper mining is at drought risk with climate change
As projections for all the copper needed in the clean-energy transition help send prices of the wiring metal to two-year highs, a new report highlights the risks to future metal supplies from climate change. Even in an optimistic low emission scenario for 2050, more than half the world’s copper mines will be in areas exposed […]
CATL aims to produce all-solid-state batteries in small batches by 2027
Contemporary Amperex Technology Co Ltd (CATL, SHE: 300750) is targeting small-volume production of all-solid-state batteries by 2027, an executive said, marking the first time the battery maker has announced a mass-production timetable for the new batteries. On a score of 1-9 using technology and manufacturing maturity as a rating system, CATL’s all-solid-state battery development is […]
Toyota investing $1.4B in Indiana to prepare for assembly of new three-row electric SUV and battery pack assembly
Toyota will prepare for assembly of an all-new, three-row battery-electric SUV in the US as part of a new $1.4-billion investment in its Princeton, Indiana facility, affirming Toyota’s commitment to reinvesting profits in its U.S. operations and bringing total investment in Toyota Indiana to $8 billion. This investment will not only provide plant infrastructure to […]
Copper price hits $10,000/t as BHP bid shows tight supply pipeline
Copper hit $10,000 a ton for the first time in two years as speculation builds that the world’s mines will struggle to meet a coming wave of demand from green industries. The metal reclaimed that threshold as a historic squeeze on the supply of mined ores risks tilting the market into a major deficit and […]
Using sodium to develop rechargeable batteries may bolster the EU’s green ambitions
A green industrial future for Europe may depend on an element that is part of a household staple: table salt. Dr. John Abou-Rjeily, a researcher at Tiamat Energy in France, is using sodium to develop rechargeable batteries. Sodium is a part of sodium chloride, an ionic compound that is the technical name for ordinary salt. […]
BHP approaches rival Anglo American about takeover
BHP Group Ltd. has approached Anglo American Plc about buying the 107-year-old company in a move that offers to spark the biggest shakeup of the global mining industry in over a decade. Anglo American said late Wednesday that it received an unsolicited all-share merger proposal from the world’s biggest miner, after Bloomberg reported that BHP […]
LME takes aim at traders’ Russian metal games with new rules
The London Metal Exchange is imposing new rules surrounding the movement of metal in its warehousing network, taking aim at a lucrative and complex trading opportunity that emerged after the imposition of sanctions on Russian metal earlier this month. The measures announced on Tuesday are designed to undercut the economic rationale for withdrawing Russian metal that’s already on […]
Volvo, CATL sign partnership on battery recycling and material reuse
Volvo, CATL sign partnership on battery recycling and material reuse. Volvo Cars signed a memorandum of strategic cooperation with Contemporary Amperex Technology Co Ltd (CATL, SHE: 300750) on April 16 to work together in the area of battery recycling. The partnership aims to promote the recycling of battery materials and reduce the carbon footprint of […]
China is front and center of gold’s record-breaking rally
Gold’s rise to all-time highs above $2,400 an ounce this year has captivated global markets. China, the world’s biggest producer and consumer of the precious metal, is front and center of the extraordinary ascent. Worsening geopolitical tensions, including war in the Middle East and Ukraine, and the prospect of lower US interest rates all burnish […]
