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SK On signs MOU with Global Lithium Resources to bolster key battery materials supply chain

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South Korea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium. Incorporated in 2018, Global Lithium was listed on the Australian Stock Exchange last year.

Supplies 259
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NPD study finds substantial mineral resources on Norwegian shelf

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The Norwegian Petroleum Directorate (NPD) has prepared a resource assessment of the seabed minerals on the Norwegian shelf. The report concludes that substantial resources are in place on the seabed. For several of the metals, the mineral resources are sufficient to cover many years of global consumption.

2020 448
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SK On takes 10% stake in Australia’s Lake Resources; battery-grade lithium supply deal

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SK On, a global electric vehicle (EV) battery manufacturer, signed a lithium supply deal with Australia’s Lake Resources ( earlier post ), a move that will further strengthen its key battery materials supply chain in response to robust business growth and geopolitical risks. million electric vehicles (EVs). Earlier post.).

Supplies 293
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Global study shows uneven urbanization among large cities in the last two decades

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According to the latest report from the United Nations (UN), the global population in 2018 was 7.6 By 2050, the global population is expected to soar to 9.7 The country had undergone the biggest urban expansion in the period, between 2001 and 2018, its BUA increase accounted for 47.5% of the total expansion in the world.

Global 433
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Leading UK scientists set out resource challenge of meeting EV targets by 2050

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Last month, the Committee on Climate Change published a report— Net Zero: The UK’s Contribution to Stopping Global Warming —which concluded that “net zero is necessary, feasible and cost effective.” This program falls under NERC’s sustainable use of natural resources (SUNR) strategic theme.

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Why New Production Sources of Tungsten Are Critical for Increased Global Supply

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and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% New Tungsten Production Will Open the Global Supply Chain. which will benefit the overall global supply chain of tungsten for production and manufacturing.

Supplies 380
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Nikkei: Japan to develop seabed mining of rare earth materials

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In a 2018 open-access paper published in Scientific Reports , a team of Japanese researchers noted that deep-sea mud containing more than 5,000 ppm total rare-earth elements and yttrium (REY content was discovered in the western North Pacific Ocean near Minami-Torishima in 2013. The resource amount was estimated to be 1.2 Yasukawa, K.,

Japan 542