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GlobalData: Global lithium production to triple over the next four years

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After moderate growth in lithium supply between 2010 and 2017 of 6.4% per annum, global output is expected to triple between 2018 and 2022 to reach 154kt (metal content), as 86kt of new metal capacity comes on stream to meet the increasing demand for the metal for use in batteries in electric vehicles and smartphones.

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Cornell study examines trade-off between critical metals requirement and transportation decarbonization

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Monotonic growth in global demand for critical metals to 2050 is the most prevalent trend. —Fengqi You, senior author Currently, critical metals and minerals are centralized in politically unstable Chile, Congo, Indonesia, Brazil, Argentina and South Africa, according to the World Bank. Zhang et al.

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Documenting the EV battery material supply chain: Traceability challenges, Part One

Charged EVs

OPTEL has partnered with test, inspection and certification specialist Bureau Veritas to create a comprehensive traceability service called V-Trace, which companies and government regulators can use to follow products through their supply chains, from extraction of the raw materials to final assembly.

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Korean consortium forming JV with Bolivian miner Comibol for lithium production in Salar de Uyuni

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million tons of identified lithium resources, respectively, while Brazil, Congo, and Serbia each contain approximately 1 million tons. This means that the reserves of lithium that are realistically available and could be supplied by Uyuni to the world are 140 million tonnes of lithium. million tons, respectively. million tons and 2.6

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Live Blog: Tesla (TSLA) 2021 Annual Meeting of Stockholders

Teslarati

However, Elon responds to the inquiry by stating that the annual global capacity is about 100 million per year. Elon highlights that Tesla is limited with the supply chain shortages, and not just chips either. He notes that the Model 3 has become the best-selling premium vehicle globally. “I Unfortunately, the audio is lacking.

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LIVE BLOG: Tesla 2023 Cyber Roundup (Annual Shareholder Meeting)

Teslarati

16:20 CT – A longtime retail investor asks about Tesla’s plans to secure lithium supply. 15:42 CT –”Tesla is not immune to the global economic environment,” Musk cautioned. Musk notes that Tesla would be doing a third-party audit for its battery supply chain. It’s the cherry on the icing on top of the cake.

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USGS records nonfuel mineral production jump of $3.6B in 2022

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Recycling provided the only source of domestic supply for antimony, bismuth, chromium, germanium, tin, tungsten, and vanadium. The other leading producers of critical minerals were Australia and South Africa with three critical minerals each and Congo (Kinshasa) with two critical minerals.