Remove Argentina Remove Battery Remove Chinese Remove Supplies
article thumbnail

Ultra Lithium, Power Metals respond to Government of Canada’s order for Chinese divestment in critical minerals

Green Car Congress

The Government of Canada has ordered three Chinese companies to divest from three Canadian critical mineral companies: Power Metals, Lithium Chile, and Ultra Lithium. Ultra Lithium is proceeding with planned work programs at its properties in Northern Ontario and Argentina. Earlier post.)

Chinese 321
article thumbnail

Roskill: Chinese companies step up their pursuit of lithium resources

Green Car Congress

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
article thumbnail

Tesla battery supplier CATL plans to acquire lithium mining company in Canada

Teslarati

Tesla battery supplier Contemporary Amperex Technology (CATL) has set plans in motion to acquire Canada-based Millennial Lithium. The Canadian company has two lithium mining projects in Argentina. CATL has grown significantly over the last few years to become the world’s largest lithium-ion battery manufacturing company.

Canada 142
article thumbnail

It’s too late to China-proof the lithium supply chain – ET Auto

Baua Electric

In a world where electric vehicles and utility-scale batteries are taking over, it would be nice to not depend on a geopolitical rival for your most important raw material. Second-ranked Australia last May entered a compact with the US to ensure reliable supplies of such critical minerals, with Canberra in October putting A$ 2 billion ($ 1.3

China 52
article thumbnail

Orocobre and Galaxy to merge, creating 5th largest global lithium chemicals company

Green Car Congress

A new name for the merged entity will be selected in due course representing the global reach of the new entity, which will have its head office in Buenos Aires, Argentina, a corporate headquarters on the Australian East Coast and an office in Perth. —Galaxy Chairman Martin Rowley.

Companies 243
article thumbnail

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

Green Car Congress

Consumption of lithium in rechargeable batteries by end use, 2012-2017, kt LCE. Batteries accounted for 27% of global lithium consumption in 2012, up from 15% in 2007 and 8% in 2002. The lithium industry is therefore becoming more reliant on rechargeable batteries to sustain high rates of future demand growth, Roskill concludes.

Market 296
article thumbnail

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

Green Car Congress

Lithium producer Galaxy Resources Ltd says prices for both technical and battery grade lithium carbonate in its key market, China, have risen significantly on the back of tight demand and supply fundamentals, with current prices up almost 17% on the same time last year. This means that as well as adhering to the 99.5%

Carbon 225