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Roskill: Chinese companies step up their pursuit of lithium resources

Green Car Congress

China is stepping up its pursuit of control of the lithium supply chain, underpinned by the rapid growth of its lithium-ion battery industry building on agressive policy surrounding electric vehicle sales, according to metals and mining consultancy Roskill.

Chinese 150
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Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

Green Car Congress

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. Production is dominated by Talison Lithium in Australia, SQM and Rockwood Lithium in Chile, and FMC in Argentina.

Market 296
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Oversold Lithium could be about to rally

Green Car Congress

The company’s Salar de Olaroz project in Argentina took seven years to hit its stride but still came up short of production targets. SQM hit technical obstacles at its new brine conversion facilities that delayed its target capacity of 70,000 tpa LCE by end of 2018 while Albemarle continues to struggle to achieve full capacity at La Negra II.

2018 278
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JATO: 2018 record year for EVs; sales up 74% to 1.26M units; overall market stable, as SUVs rule

Green Car Congress

2018 marked a record year for the sale of battery-powered electric vehicles, according to data from JATO Dynamics. Passenger electric cars recorded 1.26 The dip in the Chinese market had ramifications upon the rest of the global market in 2018. million sales throughout the year, up by 74% (about 1.5% million sales.

2018 273