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Study finds future-fuel demand for shipping industry equal to entire current global production of renewables

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A new study , commissioned by the International Chamber of Shipping and prepared by Professor Dr. Stefan Ulreich from Germany’s University of Applied Sciences, finds that the global shipping industry will require the equivalent of the world’s entire current renewable energy demand in order to replace fossil fuel use. billion in 2017 to $1.6

Renewable 210
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Stellantis makes $155M investment in McEwen Copper Argentina project

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Stellantis announced a $155-million investment in a copper project located in Argentina, which will make a major contribution to the company’s plan to become carbon net zero by 2038. The company is acquiring a 14.2% Los Azules plans to produce 100,000 tons per year of cathode copper at 99.9%

Argentina 307
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Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

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Consumption of lithium in rechargeable batteries by end use, 2012-2017, kt LCE. The lithium industry is therefore becoming more reliant on rechargeable batteries to sustain high rates of future demand growth, Roskill concludes. In addition, Rockwood Lithium plans to complete a 20,000 tpy LCE expansion in Chile in 2014.

Market 296
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Oversold Lithium could be about to rally

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Last year’s 12 percent slide by the Bloomberg Commodity Index —spurred by 20 percent-plus declines by industrial bellwethers like West Texas Intermediate crude, steel and platinum—came in the wake of two years of modest gains. On the contrary, certain emerging trends in the industry suggest just the opposite.

2018 278
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Opinion: Why Lithium Will See Another Price Spike This Fall

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Price doubling from 2014/2015 was first seen in China and is now being felt worldwide, with lithium hydroxide prices from $16-20 and carbonate prices from $12-14 thousand USD per ton. While future demand from the automotive industry is significant, the real game changer for the lithium industry may be electrical grid storage.

Price 150
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Opinon: Lithium Market Set To Explode; All Eyes Are On Nevada

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Most of the world’s lithium comes from Argentina, Chile, Bolivia, Australia and China, but American resources being developed by new entrants into this market have set up the state of Nevada to become the key venue and proving ground for game-changing trade in this everyday mineral. Without lithium, there will be no battery gigafactories.

Nevada 150
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Li-ion Reserve in the World: How it Revolutionised the EV Industry

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Lithium in the anode (carbon material) is ionized and discharged to the electrolyte during the discharge stage. To make one million electric vehicles, around 60,000 tonnes of lithium carbonate equivalent are required. Chile has the world’s highest lithium deposits by a huge margin. Lithium Deposits In The World.

Li-ion 52