Battery Metals - Copperbelt Katanga Mining

Study Says Vanadium Redox Flow Batteries Have a Smaller Carbon Footprint Compared to Lithium-ion Batteries

January 13, 2023January 13, 2023 Constance

A life-cycle assessment (LCA) study executed by the independent consulters Denkstatt, Vienna, for Enerox / CellCube, reveals that Vanadium Redox Flow Batteries excel with a highly favorable environmental footprint for large-scale energy storage solutions compared to lithium-ion battery technology. Battery energy storage systems (BESS) are important puzzle pieces of the energy transition – the technology even accelerates the roll-out of Solar/PV and wind power deployments. Lithium-ion and Vanadium Redox Flow Batteries (VRFB) are the two key BESS technologies that dominate the battery energy storage market.For the new ESG reporting requirements… Read More Here

International Battery Metals

AfriTin Mining Begins Trading as Andrada Mining

January 12, 2023January 12, 2023 Constance

AfriTin Mining has announced, further to its announcement of 5 January 2023, the Registrar of Companies in Guernsey has confirmed the name change from Afritin Mining to Andrada Mining. Accordingly, the change of name will take effect, and dealings under the new company name of Andrada Mining began at 08h 00 11.01.2023 As previously announced, the name Andrada reflects the company’s expanding lithium and tantalum resources alongside its existing tin production. The new name originates from José Bonifácio de Andrada e Silva, the Brazilian mineralogist and professor who first discovered petalite… Read More Here

International Battery Metals Energy

Ivanhoe Electric ties up with Saudi Arabia’s Ma’aden

January 11, 2023January 11, 2023 Constance

Ivanhoe Electric (NYSE America, TSX: IE), the latest endeavour of mining magnate Robert Friedland, is joining forces with Saudi Arabian miner Ma’aden to explore for metals considered key for the world’s energy transition. The companies are creating a 50/50 joint venture for such purpose that will run for five years, and may be extended up to ten years. As part of the exploration deal, Ma’aden will invest $126.4 million in Ivanhoe Electric equity, which grants the Gulf’s largest miner a 9.9% in Ivanhoe Electric, which owns properties in Arizona, Utah and Montana, along with… Read More Here

International Battery Metals

RAW BASE MINERAL ORE EXPORTS BANNED IN ZIMBABWE

January 9, 2023January 9, 2023 Constance

Exports of all unprocessed ores and minerals have been banned with immediate effect in Zimbabwe, unless special exemptions are obtained. The Base Minerals Export Control (Unbeneficiated Base Mineral Ores) Order, 2023, which was gazetted in Statutory Instrument 5 of 2023, prohibits the export of any mined or quarried materials until they have reached a certain level of processing. The order was issued by Mines and Mining Development Minister Winston Chitando using powers granted to him under the Base Minerals Export Control Act. The order defines “ore” as any form of… Read More Here

Battery Metals International

Manganese batteries market may face deficit in 2024

January 7, 2023January 9, 2023 arnbethnic

An essential component of the steel-making process, manganese has played an increasing role in the battery market. (Stock Image) The high-purity manganese market may face a deficit as early as 2024, according to people in the industry heard by MINING.COM. An essential component of the steel-making process, manganese has played an increasing role in the battery market. The metal sulphate is an important stabilizing ingredient in the cathodes of batteries widely used in electric vehicles and electronics. Volkswagen, Mercedes, Tesla, and GM are among the companies that have announced intentions… Read More Here

International Battery Metals

India Identifies two Lithium and one Copper mine in Argentina for a Possible Acquisition

January 7, 2023January 9, 2023 arnbethnic

The Indian government has proclaimed that they have identified two lithium mines and one copper mine in Argentina and they are moving forward to acquiring it or taking long term lease. The government of India said that they had sent a team of geologists to Argentina to assess and find potential lithium deposits in the month of November 2022. They have been able to identify a possible source of lithium and copper deposits in the south American country.A Very Significant Achievement:Khanij Bidesh India Ltd. (Kabil) will have ownership or leasing… Read More Here

Battery Metals International

Tesla Faces Higher Lithium Prices As Supplier Amends Deal

January 6, 2023January 6, 2023 Constance

Tesla Inc. is set to pay more for the lithium that powers its electric vehicles after a supplier amended their deal amid a relentless price rally of the metal. Piedmont Lithium will now supply an increased 125,000 metric tons of lithium concentrate to the EV giant starting in the second half of this year through the end of 2025, according to a statement Tuesday. Unlike prior agreements where prices are locked in, Piedmont’s deal with Tesla relies on a floating mechanism based on market prices, according to the statement. The… Read More Here

Battery Metals International

Lithium Miner Sees 25% Price Drop In Boon For Electric Vehicles

January 5, 2023January 5, 2023 Constance

Lithium is going to get less expensive in 2023, according to a Chinese supplier of the battery metal, potentially offering some relief to electric-vehicle makers squeezed by soaring costs. Prices have already softened after a spectacular two-year rally labeled “insane” by Elon Musk and “unreasonable” by China’s BYD Co. The cool-off is poised to continue as more supply emerges to trim abnormally high margins for lithium producers, Wang Pingwei, chairman of Sinomine Resource Group Co. said in an interview on Tuesday. “We believe the gradual, downward trend for lithium will… Read More Here

Battery Metals International

A New Partnership Will Improve Battery Recycling In South Africa

January 4, 2023January 4, 2023 Constance

A business in the United States and a South African investment business have signed a term sheet to form a joint venture to build and operate two environmentally sustainable battery recycling facilities in South Africa. Through the joint venture, the companies aim to bring radical change to the management of South Africa’s battery waste. The partners are Tabono Investments, a leading investment company in Africa with experience in mining, logistics and recycling and ACE Green Recycling, an innovative recycling platform for battery materials. “Green energy is on the rise in South Africa,”… Read More Here

Battery Metals International

Ford Used A Quantum Computer To Find Better EV Battery Materials

December 31, 2022December 31, 2022 Constance

Quantum researchers at Ford have just published a new preprint study that modeled crucial electric vehicle (EV) battery materials using a quantum computer. While the results don’t reveal anything new about lithium-ion batteries, they demonstrate how more powerful quantum computers could be used to accurately simulate complex chemical reactions in the future. In order to discover and test new materials with computers, researchers have to break up the process into many separate calculations: One set for all the relevant properties of each single molecule, another for how these properties are affected by the… Read More Here