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Stellantis makes $155M investment in McEwen Copper Argentina project

Green Car Congress

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 is an advanced-stage porphyry copper exploration project in the San Juan pro-mining province of Argentina.

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

Green Car Congress

Consumption of lithium in rechargeable batteries by end use, 2012-2017, kt LCE. In addition, in the period to 2017 Roskill forecasts that the main market driver for lithium-ion batteries will gradually switch from portable consumer electronics to electric vehicles, especially hybrid variants. Source: Roskill. Click to enlarge.

Market 296
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Oversold Lithium could be about to rally

Green Car Congress

Investing in the commodity market can be a roller-coaster ride; what with the incessant boom-and-bust cycles driven by the ebb and flow in infrastructural spending, production ramps/cutbacks and stockpiling/destocking supplies. That’s certainly a massive production ramp-up considering that global production in 2017 totaled just over 200kt.

2018 278
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Opinon: Lithium Market Set To Explode; All Eyes Are On Nevada

Green Car Congress

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. Albemarle Corp.

Nevada 150
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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. Apart from these two mines, no new developments are expected in 2016, though 2017 may bring further new entrants. Automotive Thrust.

Price 150
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Nature editorial: environmental and human costs of Li-ion technology must be addressed quickly

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The market for Li-ion batteries is projected to grow from $30 billion in 2017 to some $100 billion in 2025. The Democratic Republic of the Congo (DRC) supplies about 70% of cobalt. This would have a considerable carbon footprint. Batteries are crucial for Earth’s low-carbon future. — Nature editorial.

Li-ion 199