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Brine-to-battery company EnergyX secures $450M funding agreement with Global Emerging Markets

Green Car Congress

Lithium and battery technology company Energy Exploration Technologies announced a $450-million investment commitment from Global Emerging Markets (GEM). The proceeds from this capital investment will further the company’s commercialization efforts of its direct lithium extraction and refinery technologies.

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Lithium: Good News for the Australian Mining Industry

CleanTechnica EVs

In good news for the Australian mining industry, miners produced 55,000 tonnes of lithium in 2021, a 28% increase from the 39,700 tonnes of lithium produced in 2020. This is approximately half of global production.

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

Green Car Congress

While other commodities are floundering or completely collapsing in this market, lithium—the critical mineral in the emerging battery gigafactory war—is poised to explode, and going forward Nevada is emerging as the front line in this pending American lithium boom.

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Rough road for EV industry

Green Car Congress

America’s electric vehicle (EV) industry seems to have hit a rough patch of pavement in recent months. Lithium prices continue to rise, and no new domestic lithium sources have yet to be established. The company shut down orders after reaching 200,000 units, citing a shortage of lithium-ion batteries.

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Tesla And Other Tech Giants Scramble For Lithium As Prices Double

Green Car Congress

Elon himself mentioned during the unveiling that Tesla will be gobbling up much of the world’s lithium supply with plans to produce 500,000 EVs per year. “In In order to produce a half million cars per year•we would basically need to absorb the entire world’s lithium-ion production.” Remember—this is one man, one company.

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Opinion: Will Lithium Be Our Next Energy Crisis?

Clean Fleet Report

domestic supply of lithium. Globally, 27 percent of all passenger vehicles are forecasted to be EV by 2030. GM projects more than $1 million in EV sales globally by 2025. It’s going to take some work get lithium production going. EVs run on lithium-ion batteries. billion in EV production. will have 3.2

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China’s battery supply chain tops BNEF ranking for third consecutive time; Canada close 2nd, US drops to 3rd

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China continues to dominate BloombergNEF’s (BNEF) global lithium-ion battery supply chain ranking, for the third time in a row, for both 2022 and its projection for 2027, due to continued support for the electric vehicle demand and raw materials investments.

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