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IHS Markit: average cost of lithium-ion battery cell to fall below $100/kWh in 2023

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The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit. Cost is the name of the game.

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Roskill: Niobium industry looking for a future beyond steel; Li-ion batteries a possibility

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However, the spike in vanadium prices (ferrovanadium prices increased by about 200% in 2018) caused Chinese mills to substitute niobium to vanadium and Chinese niobium imports increased 30% year-on-year both in 2018 and 2019. CBMM dominates the market with a 78% market share and is seen as the price-setter. Griffith et al.

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Roskill sees recovery in lithium industry, buoyed by demand from rechargeable battery applications

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In its new Lithium Outlook to 2030 report, Roskill notes that the prolonged downward trend for lithium compound and mineral concentrate prices has caused a difficult environment for many lithium producers since 2018. In 2019, monthly average lithium carbonate prices fell 36% between January and December.

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Roskill: Rising prices could be new norm for lithium industry

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The company suggests that even major incumbent lithium producers are at risk of failing to meet production targets and expansion plans, highlighting the technical and financial hurdles involved with bringing sizable volumes of new capacity online. The lithium-ion battery supply chain does not only depend on lithium.

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BloombergNEF: battery metals rebounding; by 2030, annual Li-ion battery demand to pass 2TWh

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Battery metal prices have recovered strongly in the first half of the year, incentivizing new projects to come online. China controls the battery chemical industry, with the biggest market share for all of the five main battery materials: lithium, nickel, manganese, cobalt and graphite. In March, it rose to $53,000 per ton.

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IDTechEx sees improving supercapacitors gaining market share against Li-ion batteries

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A new report by market research company IDTechEx—“Electrochemical Double Layer Capacitors: Supercapacitors 2014-2024”—finds that supercapacitors are improving faster than lithium-ion batteries in most respects. Supercapacitors need not match lithium-ion battery energy density to replace much of that battery market.

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Updated Roland Berger Li-ion study forecasts auto Li-ion battery market of more than US$9B by 2015; massive overcapacity and market consolidation

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Roland Berger forecasts for LiB market size by vehicle class (left) and region (right). Roland Berger Strategy Consultants has updated its global Li-ion automotive battery study ( earlier post ). billion to US$9-10 billion by 2015, despite scaled-back forecasts for previously announced models. Click to enlarge.

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