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Yutong Bus to deliver 100 electric buses to Chile

Green Car Congress

will deliver 100 full electric buses to Chile. The E12 Electrical Bus, the model Yutong will deliver to Chile, is equipped with 324 kWh battery capacity and low energy consumption. Yutong Bus sells buses in more than 30 countries across six continents with a market share of more than 30% in China and more than 15% globally.

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Copper prices rise to 10-year high, near record

Green Car Congress

The price of copper on the London Metal Exchange (LME) rose to $9,990/t on 29 April, marking a ten-year high and closing in on the record high LME price of $10,147.50/t In its new Copper Monthly Insights , Roskill said that the ongoing surge in copper pricing is taking impetus from President Biden’s new CO 2 targets.

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LME copper prices at 9-year high

Green Car Congress

On 19 February, LME cash prices for copper hit a nine-year peak of US$8,806.50/t. Strong ocean swells delayed the loading of concentrate and refined metal shipments onto vessels from Chile and Peru during January, while delays of up to three months are reported in Ningbo port for containerized scrap to be inspected and cleared by customs.

Price 399
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Chile’s SQM posts profit down 82% as lithium prices slide – ET Auto

Baua Electric

Chile’s SQM , the world’s second-largest lithium producer, on Wednesday posted an 82% fall in its fourth-quarter net profit from a year earlier, below forecasts as prices for the key battery metal continued to slide from earlier peaks. The group’s share price has slid around 30% in the last 12 months.

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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.

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Rockwood Lithium opens new lithium production facility in Nevada; announces global price increases for lithium salts

Green Car Congress

As the market for electric vehicles, plug-in hybrids and other advanced clean energy technologies grows worldwide, rare earth elements and other critical materials, including lithium, are facing increasing global demand. Rockwood Lithium also recently announced plans to invest $140 million in a new lithium carbonate production plant in Chile.

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GlobalData: Global battery energy storage market to grow by 7% to reach $13.13B by 2023

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The global battery energy storage market will to grow to $13.13 The US market for battery energy storage is estimated to reach $2.96bn in 2023, accounting for 23% of the global market. The EMEA battery energy storage market registered a market value of approximately $1.73bn in 2018 and it accounted for 26% of the global market.