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

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High growth in demand for lithium batteries is spurring three-fold growth in mine production of lithium over the next four years, with 86kt of new lithium metal capacity coming on stream, according to data and analytics company GlobalData. After moderate growth in lithium supply between 2010 and 2017 of 6.4%

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

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Higher EV penetration reduces GHG emissions from fuel use regardless of the transportation energy transition, while those from fuel production are more sensitive to energy-sector decarbonization and could reach nearly “net zero” by 2040. —Zhang et al. (a) a) Annual demand and recycling potential with or without a second use. (a)

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Mexico forms state-run company to mine lithium: Litio para Mexico

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million tons of identified lithium resources, ranking the country 10 th in the world behind Bolivia, Argentina, Chile, the US, Australia, China, Congo, Canada and Germany. Other activities necessary for the full fulfillment of its purpose. According to the USGS, Mexico has 1.7

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GE study finds 5% of worlds natural gas production wasted per year by flaring

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A newly released GE study — Flare Gas Reduction: Recent Global Trends and Policy Considerations —estimates that 5% of the world’s natural gas production is wasted by burning or “flaring” unused gas each year, despite some progress on the flaring issue. Click to enlarge.

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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. Among the other countries, identified lithium resources for Bolivia and Chile total 9 million tons and in excess of 7.5 million tons, respectively. China and Argentina total 5.4 million tons and 2.6

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What Causes Electric Scooters to Be Expensive in India?

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It’s easy to talk about plans for domestic battery production plants, but it’s hard to compete with the pricing of subsidized imported batteries. There is already a huge surplus production due to a worldwide rush to put up massive battery manufacturing plants(Though the raw material supply is scarce).

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

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The estimated value of US production of all industrial minerals in 2022 was $63.5 billion, which is about 65% of the total value of US mine production value. Crushed stone was the leading nonfuel mineral commodity domestically produced in 2022, accounting for 21% of the total value of US mine production. Critical minerals.