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Benchmark: China dominates Li-ion battery supply chain

Green Car Congress

Lithium is typically shipped to China for conversion to lithium carbonate or lithium hydroxide. The vast majority of cobalt is mined in the Democratic Republic of Congo (DRC); three-quarters of this is then processed by China. —Albert Li, an analyst at Benchmark. Much of this is also sourced from Chinese-owned mines in the DRC.

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Benchhmark report: cobalt’s price rises highlight shift to battery-driven pricing dynamics

Green Car Congress

While cobalt prices have shown positive signs of late, there are nuances within the market which highlight the key fundamentals that will likely decide cobalt’s future price trend—which is taking its cues less and less from the industrial metal supply chain, according to a new report from Benchmark Mineral Intelligence.

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AVZ signs binding SC6 offtake agreement with major Chinese lithium converter Yibin Tianyi, supplier to CATL

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for the supply of spodumene concentrate (SC6) from the Manono Lithium and Tin Project in the Democratic Republic of Congo (DRC). Australia-based AVZ Minerals Limited has secured a strategic, long-term offtake partner agreement with Yibin Tianyi Lithium Industry Co., —Nigel Ferguson, AVZ Managing Director.

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The Future of Electrifying Heavy-Duty Machines

Clean Fleet Report

This poses a particular challenge for the rental equipment market. The raw cobalt for lithium-ion batteries is notoriously sourced from unethical mining companies that have a harmful social and environmental impact in the Democratic Republic of the Congo. News: Has Nikola’s Founder’s Activities Changed the EV Conversation.

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Jervois to acquire SMP nickel & cobalt refinery in Brazil; concentrate from Idaho for refining, cobalt metal back to US

Green Car Congress

It was placed on care and maintenance by CBA in 2016, when CBA also placed its Niquelandia mine and processing plant in Brazil on care and maintenance due to prevailing market conditions at the time. Jervois has not included this conversion into its current development plans. Niquelandia provided the SMP Refinery with nickel carbonate.

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The Magnet That Made the Modern World

Cars That Think

Up for grabs was a market potentially worth billions of dollars. The global market for these magnets is expected to reach $20 billion a year within a couple of years, as the automobile industry shifts towards electric vehicles and as utilities turn increasingly to wind turbines to meet growing demand. Masato, what do you remember?

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We Need More Than Just Electric Vehicles

Cars That Think

Credit the EV’s advantage to its greater efficiency in the conversion of chemical energy to motion—77 percent, compared with 12 to 30 percent for a gasoline car—along with the potential to generate electricity using low-carbon sources. For example, the Democratic Republic of Congo (DRC) holds about 50 percent of the world’s cobalt reserves.