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EIA: New import duties drove biomass-based diesel imports down in 2017

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million barrels in 2017, a 36% decrease from 2016, according to the US Energy Information Administration (EIA). New US contracts for biodiesel from Argentina slowed upon announcement of DOC anti-dumping and countervailing investigations in March 2017. million barrels in 2017, a 44% decrease from 2016 levels.

2017 170
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Bio-isobutanol company Gevo signs licensing and joint development agreements with Porta in Argentina; corn feedstock

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to construct multiple isobutanol plants in Argentina using corn as a feedstock. The first plant is to be wholly owned by Porta and is anticipated to begin producing isobutanol in 2017. Porta Hnos is one of the leading alcohols companies in Argentina, producing almost 100 million liters (26 million gallons US) annually.

Argentina 150
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ADEME / IFPEN study examines non-geological risks in the security of lithium supplies based on electrification of global car fleet

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Source: USGS, 2017). On the other hand, this could lead to a marked decrease in the safety margin of lithium supply—the ratio between the cumulative consumption and current reserves—and a possible significant volatility of lithium prices by 2050.

Supplies 236
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Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

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Consumption of lithium in rechargeable batteries by end use, 2012-2017, kt LCE. In addition, in the period to 2017 Roskill forecasts that the main market driver for lithium-ion batteries will gradually switch from portable consumer electronics to electric vehicles, especially hybrid variants. Source: Roskill. Click to enlarge.

Market 296
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Opinion: Why Lithium Will See Another Price Spike This Fall

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Although the price trajectory of the metal has been subdued in recent months, the fundamentals behind the long-term trajectory suggest strong potential for long-term growth. Given this new investment, plug-in electric vehicle (PEV) sales are expected to experience 62% year-over-year growth in 2016 , 60% in 2017, and likely 100% in 2018.

Price 150
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Oversold Lithium could be about to rally

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It’s important to remember that prior to the crash, lithium had enjoyed a meteoric rise with prices doubling since the beginning of 2016 and nearly quadrupling over the past decade. That’s certainly a massive production ramp-up considering that global production in 2017 totaled just over 200kt. dollar makes it all the more remarkable.

2018 278
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Roskill: predominance of lithium production shifting to mineral vs brine, driven by volume requirements of EVs

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Brine resources have also grown, the result of significant investment in Argentina, the nation that has seen the greatest exploration activity of the three countries covering the lithium triangle in South America. Most significantly, higher lithium prices have made a wider population of mineral projects economically viable.