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Australia forecasts lithium export earnings of $16B in 2022-23, up from $5B in 2021-22

Green Car Congress

Despite the spread of new battery manufacturing capacity into Europe and the US, Asia remains the major source of demand for lithium. This rapid growth is forecast to be met by gains in output by Australia, Chile and Argentina. Over the following two years, demand is forecast to rise by more than 40%, reaching 1,091,000 tonnes by 2024.

Australia 281
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GlobalData: growing global electric vehicle market will more than double lithium demand over the next 5 years

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through to 2022, driven by the growing popularity of EVs across countries in Asia-Pacific (APAC) and Europe. This in turn will result in increased consumption of lithium and support investment in mine expansions across Chile and Australia and new mine development in Chile, Australia, Argentina and Canada.

Global 284
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Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

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Reflecting the concentration of lithium-ion battery manufacturers and associated cathode material producers in China, Japan and South Korea, the East Asia region has become an increasingly important consumer of lithium products over the last decade.

Market 296
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Galaxy notes lithium carbonate prices in China rose 17% over last 12 months

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Lithium market watcher, Asia Metal Pty Ltd, said in a recent note that the “ mainstream price of battery grade lithium carbonate rose to about RMB 42,000-44,000/tonne (US$6,650-6,960/tonne) and for small orders, many suppliers have sold at prices as high as RMB 45,000/tonne (US$7,120/tonne). ”. This means that as well as adhering to the 99.5%

Carbon 225
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BYD to build new $1.2B battery factory in China

Teslarati

Now, as the company looks to expand outside of Asia, it is doubling down on its Chinese production capabilities. The Chinese automaker will also be entering the South American market, selling its EVs and PHEVs in countries like Argentina and Brazil. BYD has seen rapid growth in its automotive business over the past two years.

BYD 86
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Nissan to launch 3 new EVs and 5 new e-POWER models in Japan by FY2022; 100K LEAFs sold in Japan

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—Daniele Schillaci, Nissan’s executive vice president for global marketing and sales, zero-emission vehicles and the battery business and chairman of the Management Committee for Japan/Asia & Oceania. The Nissan Intelligent Mobility vision will also have an expanded footprint throughout the company’s dealerships.

Japan 199
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Aemetis upgrades India biodiesel plant

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The Aemetis plant is the only distilled biodiesel producer in India and is one of the only plants in Asia capable of producing large supplies of biodiesel that meet the European Union (ISCC) standards, Aemetis says.

India 218