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Roskill: Chinese companies step up their pursuit of lithium resources

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China is stepping up its pursuit of control of the lithium supply chain, underpinned by the rapid growth of its lithium-ion battery industry building on agressive policy surrounding electric vehicle sales, according to metals and mining consultancy Roskill.

Chinese 150
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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 will go to 11 projects in the materials separation and processing segment of the supply chain. Anovion , Scaling the Domestic, US Owned and Operated Anode Supply Chain for Synthetic Graphite, $117,000,000. NOVONIX Anode Materials LLC, a wholly-owned subsidiary of NOVONIX Limited, was formed in 2017. Of that, $1.6

Parts 459
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CRU: lithium price downtrend continues, with disappointing EV sales in China the driver

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Many market players look to Chinese lithium spot prices as a bellwether of market health and therefore the continued decline of lithium prices in China has put mounting pressure on the global lithium market, CRU says. Chinese EV sales through to July totalled 696,000 this year. Although this marks an impressive 41.5%

Price 243
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Imerys and British Lithium form JV to accelerate development of UK’s largest lithium deposit

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The proposed development will include a quarry, a beneficiation plant and a conversion unit co-located on Imerys’ brownfield site to produce high-purity lithium. British Lithium pilot plant. Following drilling and resource definition, inferred mineral resources are estimated at 161 million tonnes at a grade of 0.54% lithium oxide.

France 366
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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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Novozymes and M&G Chemicals to collaborate on biomass-based plastics in China

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Novozymes will supply enzyme technology to the world’s first biomass to glycols bio-refinery to be constructed by M&G Chemicals in China. The bio-refinery is expected to be realized through a joint venture between M&G Chemicals and the Chinese company Guozhen Group Co.

China 218
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Oversold Lithium could be about to rally

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Investing in the commodity market can be a roller-coaster ride; what with the incessant boom-and-bust cycles driven by the ebb and flow in infrastructural spending, production ramps/cutbacks and stockpiling/destocking supplies. That’s certainly a massive production ramp-up considering that global production in 2017 totaled just over 200kt.

2018 278