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IEA March Oil Market Report revises 2015 demand forecast upward

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IEA raised its forecast of demand growth for all of 2015 by 75 kb/d to 1.0 Global supply rose by 1.3 expected US crude supply, raising the 2015 North American outlook. mb/d, as losses in Libya and Iraq offset higher supply from Saudi Arabia, Iran and Angola. Annual gains are forecast at about 1.0

2015 150
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Roskill forecasts demand for neodymium for magnets to result in supply deficit; substitutions by 2021

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In its new rare earths market report with forecasts out to 2026, Roskill, a leader in international metals and minerals research, observes that the permanent magnet and catalyst sectors will continue to provide the largest markets for rare earths in the next ten years to 2026. Lanthanum and cerium prices will be limited by surplus supply.

Supplies 186
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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

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Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Demand for lithium ion batteries is forecast to grow to 3.7 This year, the world is forecast to produce 1.0 Closing this 2.7

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Benchmark: lithium has to scale twenty times by 2050; generational challenge for automakers

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million tonnes of cumulative global production of lithium between 2015 and 2022, according to Benchmark’s Lithium Forecast. The long term path for lithium is set, yet the supply chain scaling challenge has just begun. Near-term, a total of 2.9 million tonnes LCE will be needed by 2032, more than the 2.7 —Simon Moore.

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Nornickel presents market review of nickel and platinum group metals

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Overall, despite nickel demand growth, which has averaged 7% per annum since 2015, Indonesia is creating a supply glut and losing potential revenue by selling the country’s nickel resources at substantial discounts. The forecast for nickel supply in 2023 is almost unchanged at 3.45 Mt to 3.22

Market 304
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Navigant forecasts global annual natural gas vehicle sales to reach 3.9M in 2025, up 62.5% from 2015

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In its new Natural Gas Vehicles report, Navigant Research forecasts that global annual NGV sales—light-, medium- and heavy-duty—will grow 62.5% million vehicles in 2015 to 3.9 Navigant forecasts that the number of light-duty NGVs on the world’s roads will double by 2025 to 39.6 between 2015 and 2025.

2015 150
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Adamas: “Unfathomable” rare earth demand growth awaits post-2030

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Demand growth of the 2020s will soon be dwarfed by the astronomical demand growth of the 2030s, according to a new forecast by Adamas Intelligence. from 2015 through 2019, global consumption of NdFeB alloys and powders will drop by 9.3% from 2015 through 2019, global consumption of NdFeB alloys and powders will drop by 9.3%

Supplies 360