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Canada orders three Chinese companies to divest from Canadian critical minerals companies

Green Car Congress

The Government of Canada has ordered the divestiture of the following investments by three Chinese companies in Canadian critical mineral companies: Sinomine (Hong Kong) Rare Metals Resources Co., Limited is required to divest itself of its investment in Power Metals Corp. Zangge Mining Investment (Chengdu) Co.,

Canada 353
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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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Eramine Sudamerica joins Argentine lithium race with Salta plant – ET Auto

Baua Electric

Argentina, located on the so-called “lithium triangle” spanning Bolivia and Chile, is the world’s fourth-largest producer and has been drawing investment from foreign firms as far as Canada and China. Over half the world’s known lithium resources are in South America.

Bolivia 52
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It’s too late to China-proof the lithium supply chain – ET Auto

Baua Electric

In a world where electric vehicles and utility-scale batteries are taking over, it would be nice to not depend on a geopolitical rival for your most important raw material. The global lithium industry is so interwoven with Chinese capital now that it’s going to be impossible to unpick. Take Albemarle Corp., Pilbara Minerals Ltd.,

China 52
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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. Many Chinese brine producers in the Qinghai region had outlined plans to triple or quadruple capacities over the coming 3-4 years.

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

Green Car Congress

There is no doubt as to the push that Tesla has given the current automotive transition to electric vehicles (EVs). Given this new investment, plug-in electric vehicle (PEV) sales are expected to experience 62% year-over-year growth in 2016 , 60% in 2017, and likely 100% in 2018. Automotive Thrust. or Panasonic Corp.

Price 150