Green Car Congress
FEBRUARY 20, 2021
On 19 February, LME cash prices for copper hit a nine-year peak of US$8,806.50/t. However, wire rod demand from the wire and cable industry as a whole is said to be tepid. The true direction of prices in 2021 will only be revealed once Chinese traders return and assess their appetite for the metal in March, Roskill said.
Baua Electric
MARCH 27, 2024
Companies must also grapple with a soft patch for lithium prices amid a slowdown in EV sales, which has changed the calculus for ensuring economically viable projects. ” Chile’s Mining Ministry did not immediately respond to a request for comment. “This will pose a difficulty for attracting potential investors.”
Teslarati
MARCH 23, 2023
Tesla is poised to benefit from rapidly dropping lithium prices, particularly in China, where the automaker produces nearly half of its vehicles. Hence, the price of EVs has become intertwined with the cost of lithium , which has slowly become cheaper thanks to massive investments worldwide. But how could this affect Tesla pricing?
Baua Electric
FEBRUARY 29, 2024
Chile’s SQM , the world’s second-largest lithium producer, on Wednesday posted an 82% fall in its fourth-quarter net profit from a year earlier, below forecasts as prices for the key battery metal continued to slide from earlier peaks. The group’s share price has slid around 30% in the last 12 months.
Green Car Congress
MARCH 13, 2023
Sociedad Química y Minera de Chile S.A. In Chile, we have reached a run-rate of 180,000 metric tons of high-quality lithium products while working to further expand our lithium carbonate and lithium hydroxide capacity. As the company continues with lithium capacity expansion in Chile, it expects to invest approximately US$1.4
Baua Electric
APRIL 15, 2024
That goal appeared realistic, said Jorge Cantallopts, head of the Center for Copper and Mining Studies (CESCO) in Chile, the world’s top producer of the red metal. That goal appeared realistic, said Jorge Cantallopts, head of the Center for Copper and Mining Studies (CESCO) in Chile, the world’s top producer of the red metal.
Green Car Congress
APRIL 14, 2020
Using Roskill’s latest quarterly price forecast for lithium carbonate (published in late-March 2020), this equates to a value loss of approximately US$960 million. >. Roskill anticipates 2020 production losses in Chile to be kept below 20%.
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