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Iran announces first lithium reserve in country; projected 8.5 million tonnes

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Iran’s Ministry of Industries, Mining and Trade recently announced that the country has discovered its first lithium reserve, in Qahavand in Hamedan province. million tons of lithium; if realized, this would rank Iran behind Chile (11 millions tons) and ahead of Australia (7.9 The reserve is believed to hold 8.4

Iran 334
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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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trillion being invested globally in new power generation capacity between 2018 and 2050, with $8.4 Among the related datapoints: Coal consumption growth in 2017 was driven largely by India (18 mtoe), with China consumption also up slightly (4 Mtoe) following three successive annual declines during 2014-2016. NEO 2018 sees $11.5

Wind 220
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Consortium moves ahead with HESC pilot for conversion of Australian coal to LH2 for transport to Japan

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The Australian, Japanese and Victorian governments and a consortium of companies have launched the pilot of an innovative supply chain that will deliver liquefied hydrogen from the Latrobe Valley in Australia to Japan. The plant will be the first hydrogen liquefaction facility in Australia for demonstration purposes.

Japan 170
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BYD wins Chile lithium extraction contract

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Among the losing bidders were Albemarle, which produces 19% of global lithium, and Chile’s SQM (17%). BYD always had a global and sustainable view of technological development, aiming to expand our business worldwide. Until 2016, Chile was the world’s largest producer of lithium, with 37% of the market.

Chile 199
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LeMond Carbon obtains independent verification of its carbon fiber rapid oxidation technology

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The audit was conducted on a pilot line at Deakin University’s Carbon Nexus facility in Geelong, Australia. The BV audit was conducted on Carbon Nexus’s 100 metric ton (nameplate) pilot line which is currently producing samples for trials with LeMond’s target customers in several SM industrial markets.

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Gevo joins SFO consortium to advance sustainable aviation fuel (SAF)

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The consortium, initially formed in September 2018, is the first of its kind to include fuel suppliers, airlines, and airport agencies in a collaborative effort to accelerate the global transition to SAF. Gevo’s ATJ has been used to power commercial flights since 2016.

Fuel 207
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Roskill forecasts demand for neodymium for magnets to result in supply deficit; substitutions by 2021

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However, Roskill also projects that, driven by rapidly increasing demand for neodymium-iron-boron (NdFeB) magnets (used in traction motors among other applications), neodymium will fall into deficit in 2016, although demand will initially be met by the drawdown of stocks. Global NEV production could rise by 3.5-4.0

Supplies 186