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President of Mexico nationalizes lithium

Green Car Congress

Sonora hosts virtually all Mexico’s lithium resources—8.82Mt lithium carbonate equivalent (LCE) or 1.66Mt lithium metal. According to the resource assessment report of SRK Consulting (UK), the total lithium resource of the project is approximately 8.82

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GlobalData: Global lithium production to triple over the next four years

Green Car Congress

High growth in demand for lithium batteries is spurring three-fold growth in mine production of lithium over the next four years, with 86kt of new lithium metal capacity coming on stream, according to data and analytics company GlobalData. Identified lithium resources in other countries have been revised to approximately 47 million tons.

Chile 240
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ADEME / IFPEN study examines non-geological risks in the security of lithium supplies based on electrification of global car fleet

Green Car Congress

ADEME, France’s Environment and Energy Management Agency, carried out a study with IFP Energies nouvelles (IFPEN) on the dynamics of lithium supply and demand, based on different scenarios for the electrification of the global car fleet by 2050.

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BMW Group to source lithium from Livent

Green Car Congress

Livent will supply the lithium directly to the BMW Group’s battery cell manufacturers from 2022 on. By sourcing lithium from a second supplier, we are securing requirements for production of our current fifth generation of battery cells. The value of the multi-year contract will total around €285 million.

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Rio Tinto to invest USD 350 million in Argentina lithium project – ET Auto

Baua Electric

The company purchased the Rincon project from Rincon Mining in 2022 for USD 825 mn, and plans to develop a battery-grade lithium carbonate plant with an annual capacity of 3,000 tons. Rio Tinto said it is working with local communities and authorities to ensure environmental standards.

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KABIL Secures $24 Million Lithium Exploration Deal in Argentina | Autocar Professional

Baua Electric

The exploration pact grants KABIL exclusive rights to explore and develop lithium resources in five blocks in Argentina. ” The move aligns with India’s broader strategy to secure essential minerals from resource-rich nations globally.

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Study outlines supply chain challenges for lithium

Green Car Congress

However, there are issues associated with the present supply chain of raw materials for battery production, particularly the security and supply of lithium. In addition, the emergence of lithium as a strategic resource and the associated geopolitics is troubling, she says. This action by China highlights the risks of global dependence.