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

Green Car Congress

Australia’s Department of Industry, Science and Resources released the December 2022 edition of the Resources and Energy Quarterly (REQ). This will make lithium Australia’s sixth-largest resource and energy commodity export. The strong growth in spodumene prices that saw Australia’s export revenue reach a record $4.9

Australia 281
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CATL confirms it's negotiating new prices with EV makers

CN EV Post

CATL 's lithium sharing program is not for price reduction purposes, but rather the company already owns some mineral resources and doesn't want to reap windfall profits, its management said. Battery makers also recognize that they must share the price volatility of battery materials with car companies, Li said at the time.

Price 89
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EIA projects increases in global energy consumption and emissions through 2050

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In its International Energy Outlook 2021 (IEO2021), EIA projects that strong economic growth, particularly with developing economies in Asia, will drive global increases in energy consumption despite pandemic-related declines and long-term improvements in energy efficiency. —Stephen Nalley.

Global 259
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BNEF: cost of new renewables rises as inflation starts to bite

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Global benchmarks conceal a range of country-level estimates that vary according to market maturity, resource availability, project characteristics, local financing conditions and labor costs. Shipping rates from Asia have fallen from their peak in September 2021 but are still five times higher than in 2019. compared to 1H 2021.

Cost Of 210
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Consortium developing green hydrogen megaproject in Oman

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Given the site’s strategic location between Europe and Asia, as well as excellent solar irradiance and wind resource facing the Arabian Sea, the development is positioned to offer a secure and reliable supply of green fuels globally at a competitive price. Green hydrogen is expected by some to grow into a US$2.5-trillion

Oman 284
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RAND reports suggest US DoD use less petroleum fuel to deal with high prices, not count on alternatives

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Bartis and RAND colleague Lawrence van Bibbe were the authors of a 2011 RAND report concluding that if the US military increased its use of alternative jet and naval fuels that can be produced from coal or various renewable resources, including seed oils, waste oils and algae, there would be no direct benefit to the nation’s armed forces.

Price 225
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Galaxy notes lithium carbonate prices in China rose 17% over last 12 months

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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.

Carbon 225