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Category: Battery Metals

Soaring EV demand keeps driving lithium price 1 Battery Metals Lithium 

Soaring EV demand keeps driving lithium price

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A boom in demand for electric vehicles (EVs) as countries including China work to reduce carbon emissions keeps boosting the lithium price. The average price for lithium carbonate reached $16,500 a tonne in August (hydroxide ex-works China mid-August), according to Benchmark Mineral Intelligence, up from $6,124 a tonne last December. EV sales jumped in the first half of 2021, despite components shortage, pandemic-forced production interruptions, and longer-term weakness in the overall market, The Hindu reported. Nearly 2.6 million electric cars were sold, a 160% jump compared to H1 2020. EV sales in China… Read More Here
BASF and Shanshan form battery materials joint venture in China 2 Battery Metals International 

BASF and Shanshan form battery materials joint venture in China

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The new joint venture will focus on the rapidly growing electric vehicle segment in the world’s largest battery materials market China The combined technology expertise and market access will provide superior customer value, rapid innovation and cost competitiveness BASF advances its strategic roadmap towards a compelling global supply chain for battery cell manufacturers and OEMs in all key markets Ludwigshafen/Germany and Shanghai/China, August 31, 2021 – Following the approval of all relevant authorities, BASF and Shanshan have formed the joint venture “BASF Shanshan Battery Materials Co., Ltd.”. The new entity… Read More Here
Tesla needs to perform delicate balancing act when it comes to lithium mining – expert 3 Battery Metals International Lithium 

Tesla needs to perform delicate balancing act when it comes to lithium mining – expert

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Tesla’s promise to slash battery costs by 50% has led the carmaker to dabble into a whole new field of making its own battery cells and, therefore, looking into manufacturing cathodes and extracting associated raw materials. But the risks linked to this new line of work mean that Tesla has to perform a delicate balancing act where it tends the increasing demand for electric vehicles and the fact that activists, car buyers, and investors want every step of the process of making an EV to be respectful towards the environment… Read More Here
Dubai based Novadaya Group in talks to revamp Kisenge Manganese Company in DRC 4 Mining in DRC Battery Metals 

Dubai based Novadaya Group in talks to revamp Kisenge Manganese Company in DRC

arnbethnic
The members of the company Group Navodaya had an audience with the Minister of Mines, Antoinette N’SAMBA KALAMBAYI. The members of the Navodaya Group were received this Monday, August 23, 2021, by the Minister of Mines, Antoinette N’Samba Kalambayi. This company, which is based in Dubai and operates in the mining sector. The company has already carried out several activities in Africa, particularly in Côte d’Ivoire, and in Gabon, where they have refined their actions and expertise. It is out of this perspective that it now seeks to intensify its… Read More Here
AVZ Minerals identifies spodumene-rich zones from new drillholes at Manono lithium-tin project 5 Mining in DRC Battery Metals Lithium New Mining Projects 

AVZ Minerals identifies spodumene-rich zones from new drillholes at Manono lithium-tin project

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Wide-spaced resource drilling at the Carriere de l’Este pegmatite deposit within AVZ Minerals’ (ASX: AVZ) Manono lithium-tin project in the Democratic Republic of Congo has confirmed high-grade mineralisation directly beneath thin soil and laterite cover. Assay results from four new “step-out” holes located on section lines along strike from initial drilling in 2017 have identified additional high-grade spodumene-rich zones for future infill resource estimation programs. Best intersections included 12.05 metres at 2.41% lithium oxide and 735 parts per million tin; 21.09m at 2.1% lithium oxide and 943ppm tin; and 16m at 2.49%… Read More Here
AVZ Minerals' Manono Lithium and Tin Project on cusp of reaching bankable status 6 Mining in DRC Battery Metals Lithium New Mining Projects Tin 

AVZ Minerals’ Manono Lithium and Tin Project on cusp of reaching bankable status

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AVZ Minerals Ltd (ASX:AVZ) is only weeks away from receiving all permits and licences required before making a final investment decision for the development of Manono Lithium and Tin Project in the Democratic Republic of Congo (DRC). The latest step in this process has been signing of the final written Environmental and Social Impact Assessment by the Direction de Protection de l’Environnement Minier (DPEM) under the authority of the DRC Ministry of Mines. AVZ has been actively engaged with the DRC Government on all permitting and licence requirements for the project and has exercised its option… Read More Here
Lithium-ion batteries need to be greener and more ethical 7 Battery Metals Cobalt Lithium 

Lithium-ion batteries need to be greener and more ethical

admin
A low-carbon future rests on an essential, yet also problematic, technology. Lithium-ion rechargeable batteries — already widely used in laptops and smartphones — will be the beating heart of electric vehicles and much else. They are also needed to help power the world’s electric grids, because renewable sources, such as solar and wind energy, still cannot provide energy 24 hours a day. The market for lithium-ion batteries is projected by the industry to grow from US$30 billion in 2017 to $100 billion in 2025. But this increase is not itself… Read More Here
Elon Musk's Table Salt Lithium Extraction Now Has A Tesla Patent 8 Battery Metals International Lithium 

Elon Musk’s Table Salt Lithium Extraction Now Has A Tesla Patent

admin
At Tesla’s Battery Day event, Musk mentioned the process but provided few details. Tesla’s Battery Day last year was a huge moment for the company. Elon Musk and others talked about the company’s future related to new battery tech. However, it didn’t go over very well with the media since the plans were not going to impact the immediate present, but rather, they were future plans. Tesla has already dealt with plenty of scrutiny as its Battery Day plans haven’t yet fully materialized. However, prior to the event, Musk made it clear that the plans… Read More Here
Ivanhoe Mines executive says DRC cobalt bubble will burst 9 Battery Metals Cobalt Drilling 

Ivanhoe Mines executive says DRC cobalt bubble will burst

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Democratic Republic of Congo’s Chamber of Mines President Louis Watum predicts the cobalt bubble will burst with the rise of new battery technology The demand for cobalt is a bubble that will burst as new battery technology reduces the need for the metal, according to the head of the chamber of mines in the Democratic Republic of Congo. Democratic Republic of Congo is home to more than half the world’s cobalt resources Congo holds more than half the world’s cobalt reserves, but the market’s negative perception of the central African… Read More Here
AVZ on track to develop world’s largest hard-rock lithium project 10 Battery Metals Lithium Mining in DRC New Mining Projects Tin 

AVZ on track to develop world’s largest hard-rock lithium project

admin
Manono is the largest and highest grade undeveloped hard-rock lithium project in the world, and AVZ aims to ensure it is 100% ‘green’. Australian-listed  AVZ Minerals (ASX:AVZ) is surging towards deciding to go into production after signing four long-term offtake agreements for its world-class Manono hard-rock lithium and tin project during the last four months. The binding SC6 offtake agreements are with three of China’s major lithium converters, and the fourth is a tin offtake agreement with Kalon Resources, which is a 100% owned subsidiary of Noble Group Holdings: Asia’s leading… Read More Here

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