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

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Benchmark: Africa’s lithium production to increase >10x this decade; potentially 12% of global supply

Green Car Congress

Benchmark’s Lithium Forecast shows that the region is expected to account for just 4% of global mined lithium supply this year. However, by 2033 its market share is forecast to triple to 12% of global supply. Of the critical battery minerals, cobalt is the one with which Africa captures the largest share of the upstream mining.

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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

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The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials, according to a new study on a unified African supply chain by BloombergNEF (BNEF). Source: BNEF.

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International Lithium Association (ILiA) established to be the voice of the global lithium industry

Green Car Congress

Of the many applications for lithium batteries, electric vehicles (EVs) and energy storage solutions (ESS) stand out as by far the largest and fastest growing sectors, driven by the world-wide shift from traditional fossil-fueled vehicles towards cleaner forms of transport and energy use. Ltd; AMG Brazil S.A.; ppm Li (0.0018%).

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Zimbabwe’s Kuvimba signs USD 310 mn lithium mine deal – ET Auto

Baua Electric

Zimbabwe ‘s state-owned Kuvimba Mining House has signed a 310 million deal with a consortium of British and Chinese investors for the construction of a lithium concentrator, the company announced on Thursday. Zimbabwe currently does not refine lithium, but exports concentrates to China for further processing.

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Omnia’s explosives business boosted by battery metals exploration – ET Auto

Baua Electric

Its explosives business helped offset that, bolstered by rising exploration budgets and activities, particularly in green and battery minerals, Omnia said. Its explosives business helped offset that, bolstered by rising exploration budgets and activities, particularly in green and battery minerals, Omnia said.

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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. The global lithium industry is so interwoven with Chinese capital now that it’s going to be impossible to unpick. Add in Zimbabwe, where Zhejiang Huayou Cobalt Co.