Shares in electric vehicle maker Tesla declined nearly 5% on Monday following news that Panasonic, a longtime partner and supplier to the EV maker, had reduced battery cell production in Japan during the period ending September 2023. The updates stoked investor concerns about softening demand for EVs, especially for higher-priced EVs that may not qualify for tax breaks or […]
Battery Metals
The world’s iron ore powerhouse is preparing to reinvent itself
Vast heaps of crushed brown rock hem the Indian Ocean at Western Australia’s Parker Point port — each a stockpile of 200,000 tons of iron ore, ready to be poured into a procession of bulk carriers bound for Asia’s steel mills. Rio Tinto Group, the world’s largest iron ore producer, shipped its first cargo of […]
How do you recycle an electric vehicle battery?
Just 10% of Australia’s lithium-ion batteries were recycled in 2021 – compared with 95% of lead-acid car batteries. With booming electric vehicle (EV) sales, we are going to have many more batteries to deal with over the next decade. How can it be done? “The processes we use to recover the minerals out of a battery are exactly the […]
Inlyte Energy raises US$8 million to develop iron-salt batteries for 4-10 hour applications
Inlyte Energy has completed a seed funding round to develop its iron and salt-based battery technology, which it claims has high efficiency, long lifetime, ‘competitive’ energy density, excellent safety and an ultra-low cost. The California-based firm has raised the capital from At One Ventures, which led the round, along with First Spark Ventures, Valo Ventures, […]
Battery Metals Market To Reach USD 26.1 Billion By 2032, Says DataHorizzon Research
Battery Metals include metals such as lithium, cobalt, nickel, manganese, copper, and aluminum, which are used to produce rechargeable batteries for various applications such as electric vehicles, off-grid battery storage, and other applications. The trend of green energy transition is leading to a surge in demand for EVs and battery storage systems, major factors driving […]
Namibia’s battery metal ambitions rest on infrastructure, miners say
Namibia’s ambitions to become a manufacturing hub for battery metals key to the global transition to clean energy will require huge investments in infrastructure to support processing facilities, mining executives said on Wednesday. The southern African country has significant deposits of lithium, vital for renewable energy storage, as well as rare earth minerals needed for […]
It’s Not Just Lithium: Tesla, Rivian, And The Green Revolution Rely On These Precious Metals
At the heart of the green revolution lie Lithium-Ion batteries. They are the lynchpin that enables companies like Tesla, Inc. (NASDAQ:TSLA) and Rivian Automotive Inc (NASDAQ:RIVN) to forge new paths in the automotive industry, electrifying the countries’ vehicles. They allow for efficient energy storage systems that make renewable sources like wind and solar more reliable […]
China’s new limit on battery metals could haunt the global EV boom
China will now limit how much battery metal it exports, potentially casting a cloud over the future of the globe’s transition toward electric vehicles. Why it matters: It’s difficult to make an EV today without metal from China. Now, that country is using its mineral advantage to protect itself amidst escalating global conflicts. Threat level: It’s too soon to tell. This announcement […]
The Price of Battery Metals Plummets Amid Supply Glut and Decreased Demand
Prices for key battery metals, such as lithium and nickel, have experienced a significant collapse since the beginning of the year. This is largely due to a supply glut and decreased demand for electric vehicles in China. Lithium, in particular, has seen a massive decline in price, falling 30% in just a fortnight and 63% […]
Black mass recycling critical to battery metals supply chain’s development
Cesium and dysprosium. Erbium and europium. Praseodymium and ytterbium. The US government’s critical minerals list likely reads to most like a tongue-twisting roll call of obscure elements critical only to those who created it. However, according to the US Geological Survey, which updates the list every three years, the 50 minerals on the list are […]