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GlobalData: Global coal production set to grow to 2022, despite major players scaling down capacities

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Coal production in India, Indonesia and Australia is forecast to grow at respective compound annual growth rates (CAGRs) of 10.9%, 3.9%, and 2.3% After declining consecutively for three years, global coal production increased by 2.8% to 7,188.8 Mt in 2017 and then rose again by a marginal 0.1% to 7,194.1 Mt in 2018.

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Cornell study examines trade-off between critical metals requirement and transportation decarbonization

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Monotonic growth in global demand for critical metals to 2050 is the most prevalent trend. —Fengqi You, senior author Currently, critical metals and minerals are centralized in politically unstable Chile, Congo, Indonesia, Brazil, Argentina and South Africa, according to the World Bank.

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BloombergNEF: battery metals rebounding; by 2030, annual Li-ion battery demand to pass 2TWh

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Diversifying the global supply chain would require significant investment from regions such as Europe and North America, according to the latest Battery Metals Outlook from research company BloombergNEF. Manganese supply recovers strongly: Manganese production in South Africa in April increased by 208% year on year.

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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. Click to enlarge. Outlook for Energy.

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Volkswagen Amarok PHEV coming as soon as 2025

EV Central

Revealed by Volkswagen Commercial Vehicle execs at last week’s Amarok dual-cab 4×4 ute global preview drive in South Africa, the PHEV is set to use a Ford powertrain in line with the collaboration under which the new VW ute was developed alongside the Ford Ranger. Its first BEV in Australia will be the ID.4

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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

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South Africa and India have good iron ore reserves and the potential to produce a large amount of low-cost clean power. The global steel industry is poised to begin a titanic pivot from coal to hydrogen. This is a relatively modest figure, compared to the $172 trillion estimated by BNEF to decarbonize the global energy sector.

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Tesla Q3 revenue up 10% year-on-year, losses widen; robust production outlook

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Highlights of the report include: In Q3, global Model S orders increased by more than 50% from a year ago, and grew at a faster pace in North America, Europe and Asia, than during Q2. Tesla forecasts a decline in non-GAAP Automotive gross margin from Q3. where he was Vice President of Finance and led Google’s global finance function.