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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. Upon implementation, Orocobre shareholders will own 54.2%

Companies 243
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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 —Felipe Munoz, JATO’s global analyst. million units in March 2020, down by 39% from March 2019. million units.

Europe 261
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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 environmental fillings found on a local Chinese government website state that the project will come at an expected cost of 8 billion yuan ($1.2 What do you think of the article?

BYD 91
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Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

Green Car Congress

Batteries accounted for 27% of global lithium consumption in 2012, up from 15% in 2007 and 8% in 2002. In 2012, East Asia accounted for 60% of total global consumption with Europe accounting for a further 24% and North America 9%. Roskill is an international metals and minerals market research firm.

Market 296
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It’s too late to China-proof the lithium supply chain – ET Auto

Baua Electric

The global lithium industry is so interwoven with Chinese capital now that it’s going to be impossible to unpick. and two other Chinese chemicals companies guarantee they’ll be able to purchase almost every ton of material it produces for the next few years, dependent only on the pace of its expansion plans. Take Albemarle Corp.,

China 52
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NOAA: May Global Temperature is Warmest on Record; Spring and January-May also Post Record-breaking Temps

Green Car Congress

The combined global land and ocean surface temperature was the warmest on record for May, March-May (Northern Hemisphere spring-Southern Hemisphere autumn), and the period January-May, according to the US National Oceanic and Atmospheric Administration (NOAA). Global highlights for May 2010. Global Highlights for March-May 2010.

Global 259
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Galaxy notes lithium carbonate prices in China rose 17% over last 12 months

Green Car Congress

Chinese lithium carbonate producers have lifted domestic lithium carbonate prices, and the uncontracted spot price for battery grade lithium carbonate in China has hit levels of up to RMB 45,000/tonne, or approximately US$7,000/tonne, in recent months. This means that as well as adhering to the 99.5%

Carbon 225