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Battery-grade lithium carbonate forecast to trade at $74K/tonne in 12 months

Green Car Congress

Trading Economics global macro models and analysts expectations forecast battery-grade lithium carbonate to trade at 504,813 CNY (US$74,000) per tonne in 12 months time. Lithium is expected to trade at 484,185.00 Lithium carbonate is forecast to trade near its high. by the end of this quarter. Earlier post.).

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Enovix raises $45M; working to develop its 3D Silicon Lithium-ion technology for EV market

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Enovix Corporation has secured $45 million in new funds to produce and commercialize its 3D Silicon Lithium-ion Battery. Enovix has developed a lithium-ion battery that incorporates a 100% active silicon anode using a patented 3D cell architecture to increase energy density and maintain high cycle life. Source: Enovix.

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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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Energy storage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). Record electricity prices are forcing consumers to consider new forms of energy supply, driving the residential storage market in the near term.

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Fitch Solutions forecasts nickel demand for EV batteries to grow 29.2% per year to 2030

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This estimate is a significant increase from the market analysis firm’s 2018 forecast, due to upwards revisions in its EV sales forecasts. Nickel demand will be supported by the metals persisting popularity in battery cathode chemistry, with downside risks caused by concerns over future supply availability, Fitch said.

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EV batteries need graphite – here’s what’s forecast for the vital mineral’s supply

Electrek

The mineral graphite, as an anode material , is a crucial part of a lithium-ion (Li-on) battery. Read on to learn what he had to say about why graphite’s so important for EVs, what his company is doing to ramp up US sourcing and processing, and what the graphite supply is expected to be in the next couple years.

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

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Benchmark’s high case scenario forecasts that 7.0 million tonnes of lithium carbonate equivalent (LCE). But without large increases in the amount of lithium, these targets will be impossible to hit. With the amount of lithium production forecast by Benchmark for 2030, only 3.2 million EVs. TWh in the high case.

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Benchmark: flake graphite production in Africa set to overtake China this decade

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Africa could overtake China as the world’s largest producer of natural graphite for lithium ion batteries as soon as 2026, according to Benchmark Mineral Intelligence, in a sign of the continent’s growing importance to the electric vehicle supply chain. of the world’s lithium-ion battery capacity.

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