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Roskill sees recovery in lithium industry, buoyed by demand from rechargeable battery applications

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Despite the trend toward transportation electrification, the lithium industry has had a rough few years. In 2019, monthly average lithium carbonate prices fell 36% between January and December. In 2019, rechargeable batteries accounted for 54% of total lithium demand, almost entirely from Li-ion battery technologies.

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Roskill: Rising prices could be new norm for lithium industry

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In its second quarterly update to its Lithium: Outlook to 2030, 17 th Edition report, Roskill maintains the view that future refined lithium supply will remain tight, with a period of sustained supply deficit in the mid-2020s. The lithium-ion battery supply chain does not only depend on lithium.

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NFI Industries orders 60 Volvo VNR Electric trucks

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NFI Industries—a leading third-party supply chain solutions provider—is increasing its investment in electromobility solutions with its latest order of 60 Volvo VNR Electric trucks. Earlier post.).

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Roskill: Niobium industry looking for a future beyond steel; Li-ion batteries a possibility

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Niobium is a metal primarily used by the steel industry as a ferroalloy strengthening element. Adding niobium reduces the amount and weight of steel required, an important feature for the automotive industry but also for infrastructure. CAGR between 2010 and 2019, accelerating since 2016, according to Roskill Information Services.

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Nidec to acquire Mitsubishi Heavy Industries Machine Tool to support push into EV drives; E-Axle

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Nidec Corporation’s Board of Directors approved a resolution to acquire the shares of Mitsubishi Heavy Industries Machine Tool Co., After completion of the acquisition, Mitsubishi Heavy Industries Machine Tool will become Nidec-Shimpo’s third main business.

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Volkswagen and Amazon Web Services to develop Industrial Cloud; open industry platform

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Volkswagen and Amazon Web Services (AWS) will develop the Volkswagen Industrial Cloud together. In the future, the Volkswagen Industrial Cloud will combine the data of all machines, plants and systems from all 122 facilities of the Volkswagen Group. Volkswagen continues to innovate and lead. —Andy Jassy, CEO of AWS.

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EPA GHG Inventory shows US GHG down 1.7% y-o-y in 2019, down 13% from 2005

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The US Environmental Protection Agency (EPA) released its 28 th annual Inventory of US Greenhouse Gas Emissions and Sinks (GHG Inventory), which presents a national-level overview of annual greenhouse gas emissions from 1990 to 2019. from 2018 to 2019, and CO 2 emissions just from fossil fuel combustion decreased 2.7% Source: EPA.

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