Battery-grade lithium is very prevalent in China, but not so prevalent in the United States. It’s a huge national security concern since the demand has gone up year after year. Stardust power, who announced they would be coming to town, late last year, has now officially announced where their 66-acre plant will be located. This […]
Lithium News
CME’s lithium contract volumes thrive after price slump
A surge in hedging activity by the lithium industry and traders after the recent price slump has benefited CME Group which saw volumes on its lithium contract soar last year. Growing demand for lithium from the electric vehicle (EV)sector means increasing exposure to price volatility of the material used in the batteries that power these […]
New material found by AI could reduce lithium use in batteries
A brand new substance, which could reduce lithium use in batteries, has been discovered using artificial intelligence (AI) and supercomputing. The findings were made by Microsoft and the Pacific Northwest National Laboratory (PNNL), which is part of the US Department of Energy. Scientists say the material could potentially reduce lithium use by up to 70%. […]
Solid state battery design charges in minutes, lasts for thousands of cycles
Researchers from the Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS) have developed a new lithium metal battery that can be charged and discharged at least 6,000 times—more than any other pouch battery cell—and can be recharged in a matter of minutes. The research not only describes a new way to make […]
Next-Generation Battery Systems
XING Mobility is unveiling its groundbreaking Immersion Cooling technology for cooling batteries at CES 2024, signaling its strategic entry into the American market and attempting to deliver a more proficient approach to battery systems. According to the brand, “Immersion Cooling is a game-changing approach to battery thermal management.” XING Mobility’s approach involves immersing battery cells […]
‘First of its kind’ | US firm unveils hydrogen-battery hybrid car with range of over 1,000km
A US start-up is now taking pre-orders for a plug-in hybrid passenger vehicle that runs using both a hydrogen fuel-cell and a battery, which it claims has a range of 700 miles (1,127km). Virginia-based Revo Zevo’s “model Energy” uses a battery as the primary power source, with the hydrogen fuel cell kicking in to power […]
Lithium price plummet due to continue
Lithium prices are expected to decline further because of rising supplies of the battery metal, subdued Chinese demand and a lacklustre American electric vehicle (EV) market. Australia, which mined about half the world’s lithium in 2022, forecasts the spot price of spodumene will fall to $2,200 per tonne in 2025 from an estimated average of […]
Big offshore wind farms are now transmitting sweet, sweet battery juice to the US grid
Offshore wind turbines at two commercial-scale sites are now sending power to the U.S. grid. Moments before midnight on Tuesday, a single turbine near Martha’s Vineyard delivered 5 megawatts of renewable energy to the New England grid, developers said. The turbine is one out of 62 planned for Vineyard Wind 1, an offshore site owned by utility […]
Top lithium miners eye partnership with Chilean government
Some of the world’s top lithium miners including Tianqi Lithium Corp. (SHE: 002466), LG Energy Solution (KRX: 373220) and Eramet SA (EPA: ERA) have met with Chilean government representatives in the past two months to explore potential partnerships to develop the country’s vast resources of the battery metal. Data released on Chile’s transparency platform shows […]
Iran Denies Chinese Involvement In Lake Urmia Lithium Extraction
Iran’s Environment Department has denied any involvement of the Chinese in lithium extraction from Lake Urmia. This follows the circulation of images on social media depicting trucks on the desiccated lakebed. The Director of Environmental Protection in West Azarbaijan, Saeed Shahand, has claimed that the activities in question solely pertain to “salt extraction, not lithium.” […]