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The next decade is critical to the success of the lithium market with increasing and sustained demand coming from the global new energy markets. Growth in electric vehicles continues to drive lithium demand, but this rapid growth is testing the market’s ability to expand supply. Keep on top of lithium price volatility with our lithium price data.
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Frequently asked questions about lithium, a key energy transition material
Australia-listed Vulcan Energy has signed a binding offtake agreement to supply South Korea’s LG Energy Solution (LGES) with battery grade lithium hydroxide from it’s ‘zero carbon’ facility in Germany, the producer said on Monday July 19.
Lithium production must quadruple between 2020 and 2030 to meet growing demand, from 345,000 tonnes in 2020 to 2 million tonnes in 2030. That is the biggest challenge and opportunity facing the lithium industry in the next decade
Australia-listed Infinity Lithium Corp has entered into a non-binding memorandum of understanding (MOU) for the long-term supply of battery-grade lithium hydroxide with South Korean lithium-ion battery manufacturer LG Energy Solution, the Australian company said on Monday June 28.
Work is under way in Fredrikstad, Norway, to build a plant that will be key to electric vehicle (EV) transportation in Europe.
Volkswagen Group is seeking partnerships with battery raw material producers in order to vertically integrate and achieve security of supply and competitive prices for its minerals needs, a spokesperson for the German automaker told Fastmarkets on Thursday June 17.
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