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Start-Up MOBI LATAM partners with EnergyX to develop Bolivian domestic lithium battery supply chain

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Both companies will work towards creating a Bolivian domestic lithium battery supply chain to develop the region’s electric mobility market. Bolivia is lithium-rich; the USGS estimates identified lithium reserves in the country to be 21 million tons—ahead of Argentina and Chile, the other members of the “lithium triangle”.

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Brine-to-battery company EnergyX secures $450M funding agreement with Global Emerging Markets

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Lithium and battery technology company Energy Exploration Technologies announced a $450-million investment commitment from Global Emerging Markets (GEM). Founded in 1991, GEM (Global Emerging Markets) is a $3.4-billion billion alternative investment firm with offices in Paris, New York, and the Bahamas.

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

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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. Further, vulnerabilities could emerge from increased competition among lithium buyers.

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

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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. After moderate growth in lithium supply between 2010 and 2017 of 6.4% million tons.

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Study outlines supply chain challenges for lithium

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A doctoral student in engineering management at Missouri University of Science and Technology, Ona Egbue, is studying potential disruptions to the long-term supply chain for lithium. However, there are issues associated with the present supply chain of raw materials for battery production, particularly the security and supply of lithium.

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BMW Group to source lithium from Livent

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

Baua Electric

Mines Minister Pralhad Joshi, expressing optimism about the project’s impact, stated, “The project will help India strengthen lithium supplies while developing lithium mining and downstream sectors of both the countries.”