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European metals-producing and -using industries and workers warn of catastrophic impact of Chinese magnesium supply shortage

Green Car Congress

A cross-industry group of European metals-producing and -using industries and their workers have issued a warning about the potentially catastrophic impact of the Chinese magnesium supply shortage. Magnesium is a key alloying material and widely used in the metals-producing industry.

Chinese 170
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Benchmark Mineral Intelligence: lithium industry needs $42B investment to meet 2030 demand

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The lithium industry needs $42 billion of investment if it is to meet 2030 demand, according to analysis by Benchmark Mineral Intelligence. This works out at approximately $7 billion a year between now and 2028 if the industry is to meet lithium demand by the end of the decade. Benchmark forecasts lithium demand in 2030 will reach 2.4

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Benchmark: Lithium industry needs more than $116B to meet automaker and policy targets by 2030

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The lithium industry needs to invest $116 billion by 2030 if the world is to meet the ambitions targets set by governments and the largest automakers, according to a Benchmark analysis. Stellantis aims for 100% of its Chinese vehicles to be electric by 2030. Tesla is targeting production of 20 million passenger EVs by 2030.

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LCA finds EMN high-purity manganese products have lower carbon footprint than incumbent industry

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Highlights of the results include: The GWP of HPEMM produced at Chvaletice, using 100% renewable power, is 64% lower than the estimated GWP of HPEMM produced by the incumbent industry. The purity of Chvaletice’s HPMSM exceeds the published Chinese specification, as impurities in Chvaletice’s HPMSM process are controlled to a tighter level.

Carbon 243
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Roskill: Niobium industry looking for a future beyond steel; Li-ion batteries a possibility

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Niobium is a metal primarily used by the steel industry as a ferroalloy strengthening element. Adding niobium reduces the amount and weight of steel required, an important feature for the automotive industry but also for infrastructure. Another key characteristic of the niobium market is its highly concentrated supply.

Li-ion 378
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Benchmark: Chinese cell oversupply putting pressure on Tier 3 producers

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Benchmark’s Lithium ion Battery Cell Database shows the Chinese market’s surplus will continue to grow to at least 2030. This makes the non-Chinese market vital for producers in the country to find customers. Such producers cannot supply the huge, and ever-growing, electric vehicle market.

Chinese 259
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Stellantis strengthens ties with China’s auto industry

Teslarati

Stellantis appears to be strengthening its ties in China’s automotive industry. Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. billion in Leapmotor , acquiring 20% of the Chinese company and becoming a significant shareholder.