Gold prices rose for a fifth consecutive session on Friday, inching closer to the key $2,000 an ounce level, as fears of a further escalation in the Middle East conflict fed the metal’s safe haven appeal. Spot gold was up nearly a percentage point to $1,992.63 an ounce by 11:55 a.m. EDT, the highest since […]
Battery Metals
China, world’s top graphite producer, to curb exports of key battery material
China will require export permits for some graphite products to protect national security, its commerce ministry said on Friday, in its latest move to control supplies of critical minerals in response to challenges over its manufacturing dominance. China is the world’s top graphite producer and exporter and also refines more than 90% of the world’s […]
EV battery firm CATL’s Sept China market share slumps, bodes ill for Q3 results
Electric battery giant CATL (300750.SZ) saw its China market share tumble to the lowest in more than a year in September, data showed, underscoring the challenges it faces from smaller rivals and weakener demand in the world’s largest electric vehicle market. CATL reports quarterly results on Thursday, and investors will be on the look out […]
Ancient nickel-eating microbes can teach us valuable biomining techniques – study
New research produced at Montana State University examines a specific type of ancient microbe that can isolate and bioaccumulate nickel from its surroundings, using minerals as a nutrient source to support growth. The recent findings, published in the journal Applied and Environmental Microbiology, help differentiate between two competing hypotheses about the reduction in atmospheric methane […]
Cobalt-based nanomaterial makes fuel cells more robust, environmentally friendly
A recently developed cobalt-modified nanomaterial makes proton-exchange membrane fuel cells (PEMFCs) more robust, readily sourced and environmentally friendly. In a paper published in the Journal of Physical Chemistry C, the researchers behind the solution note that it also demonstrated just a 2% loss in efficiency rate following 20,000 cycles in a durability test. The new […]
Breakthrough Battery Paves The Way For Sustainable Homes
They have created a new battery that could have profound implications for the large-scale energy storage needed by wind and solar farms. Jiang envisions a future where every house is powered by renewable energy stored in batteries. Jiang noted that innovations such as UC’s will have profound effects on green energy. Batteries store renewable energy […]
BYD looks to buy lithium assets in Brazil in EV raw material push
BYD Co. is mulling the purchase of lithium mining assets in Brazil as it seeks to lock in raw-material supplies to expand its electric car production outside Asia. The Chinese company’s new EV factory in Brazil will include a unit to process lithium and iron phosphate for the international market and BYD hopes it will […]
Honda, Mitsubishi Corp sign pact to optimise use of EV batteries
Japanese automaker Honda Motor (7267.T) and trading house Mitsubishi Corp (8058.T) have signed a pact to explore new businesses using electric vehicle (EV) batteries, the companies said on Thursday. The move comes as car makers worldwide embrace battery-driven electric vehicles, but struggle with questions such as tackling the environmental impact after the batteries run out. […]
Is the Home Battery the New Generator?
We’ve all been there: The lights go out and the power company sends you a text message. A tree fell on a transmission line or the weather turned severe, and you’ll be out of electricity until people in hard hats can get things running again. In 2021, the average American household experienced a little more […]
Stellantis picks Indiana for 2nd US EV battery plant
Stellantis announced Wednesday that it would build its second U.S.-based electric vehicle battery plant in Kokomo, Indiana, where the company is already building a similar battery plant. Both facilities are being built as joint ventures with South Korea’s Samsung SDI. A news release said the new StarPlus Energy plant would mean an additional investment of […]