Battery Metals - Copperbelt Katanga Mining

Tin must tame its wildness to meet coming demand surge

December 9, 2022December 9, 2022 arnbethnic

The world is going to need another 50,000 tonnes of tin per year by 2030 to meet a looming surge in demand, according to the International Tin Association (ITA). Tin is an often overlooked critical mineral, commonly associated with the humble tin can, even though packaging today accounts for only 12% of global usage. Almost half the tin consumed every year is now used as a solder in circuit boards. The faster the world moves towards the internet-of-things, the more tin will be needed to glue the expanding metaverse together.… Read More Here

Battery Metals Lithium Mining in DRC

AVZ Launches Legal Action to Affirm Interests in the Manono Project

December 8, 2022December 8, 2022 arnbethnic

AVZ Minerals Limited through its wholly owned subsidiary AVZ International Pty Ltd (AVZI), on 1 December 2022 filed the first of two International Chamber of Commerce (ICC) arbitrations against Dathomir Mining Resources SARL (Dathomir) (First Dathomir Arbitration) and expects to file the second arbitration shortly (Second Dathomir Arbitration) (together the Dathomir Arbitrations). The purpose of the Dathomir Arbitrations is to seek a declaration affirming AVZI’s legal title to the 15% stake in the Manono Project acquired under the validly executed and completed sale and purchase agreements with Dathomir, there being… Read More Here

Battery Metals International

“Battery-grade” lithium trades at nearly USD 85,000 per tonne

December 8, 2022December 8, 2022 arnbethnic

Healthy demand from battery makers and shortages have propelled lithium prices to record highs, but increased supply and the removal of subsidies for electric vehicles by China mean a pullback is to be expected. Battery-grade lithium prices trading near $85,000 per ton are more than double the levels seen in early 2022 and four times the levels seen in September 2021. China, which bought one in every two electric vehicles sold last year, is expected to remain the number one country for electric vehicle sales for many years to come. But… Read More Here

Lithium Battery Metals International

Lithium price to retreat from record as electric car sales slow

December 7, 2022December 7, 2022 arnbethnic

Extracting lithium involves pumping underground water deposits to the surface and then extracting the metal from evaporation pools. (Stock image.) Healthy demand from battery manufacturers and shortages have propelled lithium prices to records, but rising supplies and China removing subsidies for electric vehicles mean a retreat is on the cards. Battery grade lithium prices trading near $85,000 a tonne are more than double the levels seen at the start of 2022 and four times the levels seen in September 2021. China, which bought one of every two electric vehicles sold… Read More Here

Equipment & Technology Battery Metals Technology & Innovation

Caterpillar Successfully Demonstrates First Battery Electric Large Mining Truck and Invests in Sustainable Proving Ground

November 23, 2022November 23, 2022 arnbethnic

Caterpillar Inc. (NYSE: CAT) announced a successful demonstration of its first battery electric 793 large mining truck and a significant investment to transform its Arizona-based proving ground into a sustainable testing and validation hub of the future. Caterpillar completed development of its first battery electric 793 prototype with support from key mining customers participating in Caterpillar’s Early Learner program. Participants of the program with definitive electrification agreements include BHP, Freeport-McMoRan, Newmont Corporation, Rio Tinto and Teck Resources Limited. “Our global team came together to develop this battery truck at an accelerated… Read More Here

Battery Metals Mining in DRC

Julien Paluku requests France’s support in the installation of a first battery manufacturing plant in the DRC

November 19, 2022November 19, 2022 arnbethnic

Emmanuel Macron, President of France and Julien Paluku Minister of Industry. Ph. Third Party Rights. Organized under the theme “Bali 2022: getting up together and stronger”, the G20 meeting of the group of 20 industrialized and emerging countries was attended by some members of the Congolese government, in particular the Minister of Industry Julien Paluku. In addition to the Russo-Ukrainian crisis and its consequences in Africa and in other continents, reports the communication unit of the Ministry of Industry, several other subjects were on the agenda including agriculture, the digital economy and… Read More Here

Lithium Battery Metals Cobalt International

A Battery Passport can create a circular economy for EVs

November 19, 2022November 19, 2022 arnbethnic

Benedikt Sobotka warns that the lack of recycling capability could dramatically limit the speed at which the EV transition takes place Transportation currently accounts for 37% of global CO2 emissions, according to the International Energy Agency, which means the decarbonisation of the transport sector forms an essential part of any serious plan to address climate change. At the heart of this process is the transition from traditional, internal combustion engine (ICE) vehicles to electric vehicles (EVs). Global electric car sales have continued on a strong upward trend in 2022, with… Read More Here

Green Energy Battery Metals

“No one can stop” the progress of renewables, insists the head of IRENA

November 11, 2022November 12, 2022 arnbethnic

“No one can stop this progress”: renewable energies will continue to grow, ignoring the difficulties, but must go faster if the world is to meet its climate objectives, the director of the International Energy Agency told AFP. renewable energies. The world has been caught in an energy crisis since the invasion of Ukraine by Russia and certain countries, in Europe in particular, are doing everything to ensure their supply of oil and especially gas. “In the short term, this will have an impact”, recognizes Francesco La Camera, the director general… Read More Here

Mining in DRC Battery Metals Tin

World: tin price falls to USD 18,515.00 per tonne this week

November 11, 2022November 11, 2022 arnbethnic

The general trend of mining products exported from the Democratic Republic of Congo (DRC) is mixed on the international market during the period from November 7 to 12, 2022, note experts from the National Commission for Mercurial Prices of the Ministry of Foreign Trade. During this period, the price of tin is expected to fall to USD 18,515.00 per tonne from USD 19,119.00 per tonne the previous week, a negative price difference of around USD 604. Tin is not the only Congolese product that is expected to experience a price… Read More Here

Battery Metals

S&P Global Mobility Special Report: A reckoning for EV battery raw materials

November 11, 2022November 11, 2022 Copperbelt Katanga News

Geopolitical turbulence and the fragile and volatile nature of the critical raw-material supply chain could curtail planned expansion in battery production—slowing mainstream electric-vehicle (EV) adoption and the transition to an electrified future. Geopolitical turbulence, critical battery raw-material supply chain could curtail expansion in battery production. Soaring prices of critical battery metals, as observed in the following chart from S&P Global Commodity Insights, are threatening supplier and OEM profit margins. This situation has quickly translated into increased component and vehicle prices, according to new analysis from S&P Global Mobility Auto Supply… Read More Here