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Disruptions to this supply can have wide-ranging consequences, but the understanding of how those disruptions play out in global markets is limited. China dominates the global rare earths market. Causes of supply disruptions. The researchers at Argonne are using a unique computer model to understand the effects.
China dominates BloombergNEF’s (BNEF) lithium-ion battery supply chain ranking in 2020, having quickly surpassed Japan and Korea that were leaders for the majority of the previous decade. In 2020, Japan and Korea rank number two and three respectively. The US is in sixth place in 2020.
Roskill expects that rare earth permanent magnet applications represented 29% of total demand in 2020—the largest single end use—consuming a mixture of neodymium (Nd), praseodymium (Pr), dysprosium (Dy), along with other elements used at fillers such as cerium (Ce) and gadolinium (Gd).
More than half of all battery cells used in plug-in electric vehicles (BEVs and PHEVs) since 2010 have been produced in the US, as have nearly 90% of all battery packs, according to a recent study of the Li-ion battery supply chain by a team at Argonne National Laboratory. Zhou et al. Zhou et al. United States: N. doi: 10.2172/1778934.
In 2020, net petroleum imports (total imports minus exports) were negative for the first time since the US Energy Information Administration began tracking them—i.e., Total petroleum products supplied is the sum of the products supplied for each petroleum product, crude oil, unfinished oils, and gasoline blending components.
Developing lithium from the Salton Sea in California can help anchor a multi-billion dollar domestic electric vehicle battery supply chain and inject thousands of jobs and billions of dollars into California’s economically disadvantaged Imperial Valley, according to a new report from New Energy Nexus. Earlier post.).
This marks a 6% drop from $140/kWh in 2020. This reflects the relative immaturity of these markets, the diverse range of applications and, for the higher end of the range, low volume and bespoke orders. All prices are in real 2021 $, unless stated as nominal.) Packs in the US and Europe cost 40% and 60% higher, respectively.
The price of US benchmark West Texas Intermediate (WTI) crude oil is near its highest level since 2014, increasing rapidly from low prices in mid-2020 as demand returns faster than supply, according to the US Energy Information Administration (EIA). million barrels at the end of January 2020 and increased to 532.7
of the necessary Level 2 and DC fast EV charging equipment (EVSE), respectively, required to meet projected demand in 2030, have been installed as of Q1 2020. As of Q1 2020, there were 13,627 public and workplace DC fast EVSE and 71,975 public and workplace Level 2 EVSE available in the United States, according to the report.
The California Air Resources Board (CARB) Executive Officer has certified the 2020 annual update to the carbon intensities (CI) of the lookup table pathways for a) California Average Grid Electricity Used as a Transportation Fuel in California and b) Electricity Supplied under the Smart Charging or Smart Electrolysis Provision.
The European Commission’s Joint Research Centre (JRC) has released a report by Roskill that analyzes the EU’s nickel requirements for EV batteries within the context of the global market over a twenty-year forecast horizon to 2040. Investment in both new primary supply and recycling is required to de-risk future supply security.
Hyundai Motor Company plans to ramp up the US commercial vehicle market entry with XCIENT Fuel Cell trucks. This has led the company to deploy a growing fleet of XCIENT Fuel Cell trucks, the world’s first mass produced fuel cell electric heavy-duty truck, in Switzerland starting in 2020, which now has achieved a cumulated range of 3.5
Brought to the US market for the first time in the 2020 Audi S6 and S7, Audi’s Electric-Powered Compressor (EPC) comes paired to the 2.9-liter, The EPC takes advantage of the latest-generation 48V mild hybrid electrical architecture, supplying electric energy generated during coasting and recuperation to the vehicles’ 9.6
Norway-based energy company Equinor has contracted with Eidesvik Offshore for the Viking Energy supply vessel, which is being retrofitted to make it capable of covering long distances fueled by carbon-free ammonia. The vessel will transport supplies to installations on the Norwegian continental shelf (NCS). The Viking Energy.
As part of a pilot project, Audi is procuring 20-inch wheels for the Audi e-tron GT electric car that are made from low-CO 2 emission aluminum supplied by Alcoa to RONAL GROUP, the wheel’s manufacturer. The site has been supplied with renewable energy since 2020. Source: Alcoa.
The coup and resulting state of emergency quickly resulted in concerns in China over metal and mineral supplies from its neighbor. Myanmar is the world’s third-biggest miner of tin and in 2020 accounted for more than 95% of China’s imports of tin concentrate, used by smelters to make refined tin for circuit-board soldering.
A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. The car plug-in market will take the largest share (66%) in 2031, followed by smartphone applications. New material selection and change of manufacturing procedures show an indication of a reshuffle of the battery supply chain.
The Irizar buses will operate around the streets of Genoa from August 2020. Italy is a strategic market for us, and with the awarding of this contract there are now 8 countries using our solutions and services. AMT Genoa (Italy) has acquired 14 10.8m Irizar ie electric buses and associated charging facilities. Irizar ie 10.8m
Lithium carbonate prices in China rose slightly to 480,500 yuan/tonne in mid-August, remaining close to the record-high of 500,000 from March and 400% higher year-on-year as soaring demand drove expectations of extended supply deficits. Source: Trading Economics. Earlier post.). Lithium carbonate is forecast to trade near its high.
To support these developments and be able to offer a complete and competitive Renault Trucks range on the market, the company is setting up an organization dedicated to electric mobility. In March 2020, Renault Trucks began series production of its second-generation of electric vehicles at the Blainville-sur-Orne plant. to 26 tonnes.
On 4 December 2020, the LME cash price hit its highest level since March 2013, closing at US$7,742/t. (By Copper has charted an unlikely trajectory through 2020, notes Roskill. Copper prices since 1 Jan 2020. By 10 December, that dropped back to $7,712/t.) Copper prices since 1 Jan 2000.
Rodgers and York Capital), and non-dilutive funding from market-leading customers. The facility is expected to produce batteries for delivery in late 2020 and to reach a run-rate of 8 million units per year as it ramps in 2021 and 2022. Enovix expects to supply the EV market within 5 years.
As COVID-19 continues to spread worldwide, the pandemic is having an unprecedented impact on the global economy and commodity markets, including cobalt. At this time, the loss of supply from these closures amounted to more than 1% of the total mine supply in 2019. —Gulley et al.
While cobalt prices have shown positive signs of late, there are nuances within the market which highlight the key fundamentals that will likely decide cobalt’s future price trend—which is taking its cues less and less from the industrial metal supply chain, according to a new report from Benchmark Mineral Intelligence.
GM Defense’s solution to the Army’s next-generation transportation needs is based off the 2020 Chevrolet Colorado ZR2 midsize truck architecture and leverages 90% commercial off-the-shelf parts. These parts include the Multimatic dual spool-valve dampers and Chevrolet Performance suspension components.
The Cobalt Institute’s Cobalt Market Report 2021 , prepared by CRU, confirms the role of cobalt as one the key commodities of the green future, due to the rapid growth of the lithium-ion battery market and a strong global uptake of electric vehicles. kt in 2021, 12% of the DRC’s total supply.
The Rockies saw the smallest slide (5.6%) but that is substantial enough to impact supply and demand balances as winter approaches. The data speaks to a major problem for the petroleum industry and oil prices as it recovers from unprecedented demand declines for most of 2020. Northeastern gasoline sales dropped 10.1%
The global auto market is very sensitive to macroeconomic conditions and will be hit hard by the coronavirus and any economic contraction that accompanies it, BNEF says. Early data from the main markets in Asia shows a drop in vehicle sales of 44% for China and 18% for Korea, two of the hardest hit countries. Chart: BloombergNEF.
The above key performance indicators have been agreed commercially between OXIS and Sanyo Trading company Ltd of Japan to meet customer requirements for the Japanese market. In 2020, OXIS successfully powered an all-electric US aircraft, meeting client and Federal Aviation Authority requirements. Commissioning is expected in 2023.
million wafers, or 21%, from the start of 2020 to the end of 2024 to hit a record high of 6.9 Semiconductor manufacturers worldwide are on track to boost 200mm fab capacity by 1.2 million wafers per month, according to SEMI’s 200mm Fab Outlook Report. After climbing to $5.3 billion last year, 200mm fab equipment spending is expected to be $4.9
New Nemaska is one of the most attractive lithium projects in the world and is ideally positioned to meet the growing demand for a reliable high-grade supply of lithium chemicals in North America and Europe. Livent continues to discuss the framework for a long-term supply partnership with Tesla beyond 2021.
GWh of passenger EV battery capacity was deployed onto roads globally in 2021—a 113% increase over 2020—as battery-electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) sales surged year-over-year, according to Adamas Intelligence. A record 286.2 Japan’s Panasonic rounded off the top three with a record 41.4
Faurecia will supply the entire hydrogen storage system (including 10,000 hydrogen tanks) which will be produced in its new global center of expertise dedicated to hydrogen storage systems in Bavans, France with delivery to start in 2021. million in subsidies from the Bourgogne-Franche-Comté region.
Battery maker Octillion Power Systems will supply advanced lithium-ion batteries to Brazilian manufacturer FNM (Fábrica Nacional de Mobilidades) for the production of 1,000 electric trucks for beverage maker Ambev. Octillion and FNM announced their partnership in October 2020. Earlier post.).
Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, presented its eleventh review of the nickel and platinum group metals (PGM) markets based on the fundamental analysis of world economic and industry data. Mt to 3.22 Mt (7% year-on-year growth).
Neste and All Nippon Airways (ANA), Japan’s largest and a 5-Star airline, are entering a sustainable aviation fuel (SAF) supply agreement. ANA will become the first airline to use SAF on flights departing from Japan; the agreement also represents Neste’s first SAF supply to an Asian airline.
Glencore has entered a long-term strategic partnership for the supply of responsibly sourced cobalt with Britishvolt, a UK startup planning a Gigafactory ( earlier post ). Glencore is one of the world’s leading producers of cobalt; in 2020, Glencore produced 27.4 Glencore has also made an undisclosed investment in Britishvolt.
BYD is only the second Chinese lithium ion cell producer to reach the top tier after CATL, marking the first battery producer to be promoted since March 2020. Prior to Fudi’s formation in 2020, BYD reserved its in-house EV cell production exclusively for use in its own vehicles. Supplier to domestic Chinese EV market.
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. Potential opportunities for collaboration in electric vehicle (EV) and battery material supply chains.
In parallel with the company’s electrolyzer project in Bremen, the Carbalyst plant in Fos-sur-Mer will boost CO 2 savings through hydrogen injection, supplied by a large-scale electrolyzer that will produce the hydrogen locally from renewable electricity. First verified green steel for customers.
The price of neodymium has remained fairly constant from 2013-2020, but 2022 saw a very sharp rise to its peak in February at 3.8 times higher than it was between 2013-2020. While some automakers have alternative motor technologies that don’t rely on rare earths, the market has not shifted in this direction significantly.
Bcf/d, compared with the same period in 2020, according to the US Energy Information Administration (EIA). During the summer months of 2020, US LNG exports fell to record lows, but they set consecutive record highs in November and December. US LNG exports also increased because of new export capacity added in 2020.
In 2021, a large share of Europe’s supply of liquefied natural gas (LNG) originated in the United States, Qatar, and Russia. In January 2022, the United States supplied more than half of all LNG imports into Europe for the month. Bcf/d in 2020 and 14.1 Bcf/d in 2019 and in 2020 to 11.1 MMBtu during 2020, $4.45/MMBtu
In 2021, the United States returned to importing more petroleum (which includes crude oil, refined petroleum products, and other liquids) than it exports following its historic shift to being a net exporter of petroleum in 2020, according to the US Energy Information Administration (EIA). Net exports of refined petroleum products grew to 3.3
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