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EnergyX moves closer to commercial lithium production in the Americas
EnergyX expects that its five lithium refinery demonstration plants in North and South America will all be up and running within the next 12 months, bringing the company one step closer to commercialized direct-lithium-extraction (DLE) production, according to chief executive officer Teague Egan. Egan told Fastmarkets that the demonstration plants are being developed in: California’s […]
September 18, 2023
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By Grace Asenov
Insights
Critical materials create huge gap between ideology and reality of switch to EVs, CMIA says
The economic feasibility of securing supplies of critical raw materials such as gallium and germanium could threaten the "green" transition to the use of electric vehicles, a UK-based industry association, the Critical Minerals International Alliance (CMIA), told Fastmarkets
September 15, 2023
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By Sayaka Kurata
Insights
Manganese sulfate market to switch to deficit by 2028 despite new capacity | European Battery Raw Materials 2023
The supply of battery-grade manganese sulfate will switch from oversupply to deficit by 2028 despite new capacity coming online, especially outside of China, according to Fastmarkets’ most recent forecast ahead of the European Battery Raw Materials Conference in Amsterdam on September 18-20
September 15, 2023
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By Solomon Cefai
Insights
Low demand, oversupply weigh on cobalt market | European Battery Raw Materials 2023
The combination of slow demand and oversupply has been putting pressure on the price for cobalt, with part of that pressure coming from the changing preference in battery chemistry toward lithium-iron-phosphate (LFP) batteries and away from nickel-cobalt-manganese (NCM) batteries
September 15, 2023
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By Sayaka Kurata
Insights
Brazil’s Sigma Lithium looking at M&A proposals after first shipments
Brazil-headquartered spodumene producer Sigma Lithium, having recently completed its second successful commercial shipment, has formally become a target for merger and acquisitions, it revealed in a press release published on Wednesday September 13
September 14, 2023
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By Renato Rostás
Insights
Brazil’s CBMM expects niobium for batteries to make 25% of revenues by 2030
The use of niobium as an additive in battery manufacturing could expand to provide as much as one-quarter of the revenues at leading global producer Companhia Brasileira de Metalurgia e Mineração (CBMM) by 2030
September 13, 2023
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By Renato Rostás
Insights
Global electric vehicle supply chains struggle to keep up as demand continues to surge
Guest contributor, Ewa Manthey from ING Research, provides a comprehensive overview of how EV supply chains are being impacted by the surge in demand for battery raw materials
September 13, 2023
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Insights
Altilium gets $2.5mln investment to supercharge UK battery recycling plans
UK-based battery recycling firm Altilium has received an investment worth $2.5 million to bolster its development of the UK’s only commercial facility to produce recycled cathode active materials (CAM) from the scrapped batteries of electric vehicles (EVs)
September 13, 2023
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By Lee Allen
Insights
Syrah gets nod on $150-mln US govt loan for anode grade graphite production
Australia-listed graphite miner Syrah Resources has received approval for a $150-million conditional loan commitment for its wholly owned subsidiary Twigg Exploration & Mining Ltd in Balama, Mozambique, the company announced on Monday September 11
September 12, 2023
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By Sybil Pan
Insights
Graphite producer NextSource signs MoU with Posco to secure battery materials supply
Toronto-based graphite producer NextSource Materials has signed a strategic Memorandum of Understanding (MoU) with South Korean battery precursor materials’ producer Posco International, it announced on Tuesday September 5
September 11, 2023
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By Dalila Ouerghi
Insights
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