CITY A.M.: Lithium batteries are the ‘new oil’ as Panasonic unveils $4bn gigafactory

by MILLIE TURNER – July 14, 2022 Lithium-ion batteries displayed at the Panasonic booth during the 2015 International CES at the Las Vegas Convention Center on January 6, 2015 in Las Vegas, Nevada. CES, the world’s largest annual consumer technology trade show. (Photo by David Becker/Getty Images) The demand for lithium batteries, key components in […]

JWN MEDIA: US says it will back miners to stop China’s weaponization of battery metals

By Bloomberg Thursday, July 14, 2022 Lithium battery Source: iStock/kynny Developers of battery metals projects can win support from the US government as it seeks to counter the dominance of China in clean-technology supply chains, Energy Secretary Jennifer Granholm said.Nations including the US have raised concerns over the global concentration of refining and production capacity for […]

MINING TECHNOLOGY: Growing the supply base of lithium

Growing the supply base of lithium With lithium demand continuing to rise, new supply centres must be developed. We look into potential areas of growth. By Zachary Skidmore – July 14, 2022 Credit: Martina Janochová from Pixabay. Lithium is one of the most in-demand commodities in the world today. It has become critical in producing […]

BENZINGA: Elon Musk Says This Battery Metal Is The New Oil: But Should The Vehicle Connoisseur Take His Foot Off The Accelerator?

Oil has experienced a steeper and longer bull run than lithium, despite the latter’s popularity. Although lithium is more in vogue, the world depends on oil and EVs remain largely a luxury. byMelanie Schaffer, Benzinga Editor July 13, 2022  CEO Elon Musk took to Twitter Inc  early Wednesday afternoon to post that “lithium batteries are the new oil.” The […]

MINING.COM: New Li-ion battery performs well in freezing cold, scorching hot temperatures

Staff Writer | July 11, 2022 Thermometer shows minus 28 degrees Celsius. (Reference image by Jon Large, Flickr). Recently developed in the US, new lithium-ion batteries are able to perform well at freezing cold and scorching hot temperatures while still packing a lot of energy. Different from previous research focusing on the anode, the devices that were created […]

FINANCIAL POST: Brazil eases rule on lithium exports amid rising demand

Brazil eases rule on lithium exports amid rising demand Author of the article: Reuters Marcela Ayres and Rafaella Barros Publishing date: Jul 07, 2022  •  1 week ago  •  2 minute read  •   Join the conversation Brazil relaxed rules on lithium exports in a bid to cement itself as a global supplier and tap into surging demand for the metal used […]

OIL PRICE.COM: Global Supply For Battery Metals Is Running Tight As Demand Surges

By Ag Metal Miner – Jul 06, 2022 Soaring electric vehicle demand is chipping away at global battery metal supply. Demand for lithium and cobalt has skyrocketed, along with the prices of these key resources. As with many other commodities, demand and competition for cobalt have been heavily influenced by the war in Ukraine. As […]