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Roskill: refined lithium supply expected to treble to 900kt by 2027, driven by use in batteries

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Growth in the consumption of lithium accelerated in 2017 by more than 10% on 2016 levels to reach 211,000t lithium carbonate equivalent (LCE), according to a new report by Roskill. Automotive applications were the largest market for Li-ion batteries in 2017, with Chinese sales of plug-in electric vehicles (PEV) increasing by around 20% y-o-y.

Supplies 218
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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

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billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. billion will go to 11 projects in the materials separation and processing segment of the supply chain. Earlier post.) Of that, $1.6

Parts 459
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Chinese EV battery manufacturer CATL building plant in Germany; 14 GWh capacity, €240M investment by 2022

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The Chinese EV battery manufacturer Contemporary Amperex Technology Ltd. The focus of the 14 GWh plant is on the automated production and intelligent production of batteries. CATL develops battery systems for global customers in EV, HEV and PHEV applications; its sales of EV batteries amounted to 11.84

Germany 170
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Chinese EV battery manufacturer CATL building plant in Germany; 14 GWh capacity, €240M investment by 2022

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The Chinese EV battery manufacturer Contemporary Amperex Technology Ltd. The focus of the 14 GWh plant is on the automated production and intelligent production of batteries. CATL develops battery systems for global customers in EV, HEV and PHEV applications; its sales of EV batteries amounted to 11.84

Germany 150
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Nikkei: Toyota and Panasonic to set up JV for production of EV batteries and development of next-gen systems

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The Nikkei said it had learned that Toyota Motor and Panasonic will set up a joint venture in 2020 to manufacture EV batteries, with a focus on cost and scale and an eye toward rising Chinese players. Panasonic, with the other 49%, will shift five automotive battery production facilities in Japan and China to the new company.

Toyota 287
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Copper prices rise to 10-year high, near record

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Total Chinese stocks (658kt) are equivalent to 2.6 Chinese refined consumption rebounded 18% YOY in Q1 2021. Goldman Sachs and Robert Friedland, Founder of Ivanhoe Mines, suggest prices of US$15,000/t might be seen by 2025, due to restricted supply and bullish demand growth. These stocks, however, currently represent only 1.9

Price 418
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Nissan, Renault to buy CATL batteries for electric vehicles

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The Nikkei reports that Chinese automotive battery maker CATL (Contemporary Amperex Technology Ltd.) will provide lithium-ion batteries to Nissan Motor and Renault. CATL will produce batteries for Nissan’s Sylphy Zero Emission electric sedan ( earlier post ), scheduled to hit the Chinese market in the latter half of the year.

Nissan 199