Growing global demand for batteries that power electric vehicles ( EV s) and high tech devices is set to cause a supply crunch of lithium, cobalt and nickel by mid-2020s, global consultancy Wood Mackenzie predicts.
News ID: 5455 Publish Date : 2019/07/24
Toyota Motor Corp. and its Chinese partner BYD Co. will develop battery-electric vehicles and batteries as the Japanese automaker is looking at building affordable EV s for the world's top vehicle market in collaboration with its Chinese partners. Toyota and the Chinese electric automaker announced in a statement that they would manufacture sedans and crossovers to be sold under the Toyota brand in China before 2025.
News ID: 5427 Publish Date : 2019/07/23
Continuous downturn in China’s new vehicle market for last four quarters has created cash crunch for a number of automakers, a report from Automotive News China says.
News ID: 5369 Publish Date : 2019/07/21
Nickel is adding shine to the otherwise lacklustre 2019 industrial metals complex, as expectations of booming demand from electric vehicles and renewed supply worries rev prices to a one-year high.
News ID: 5313 Publish Date : 2019/07/19
Battery metals tracker Adamas Intelligence says electric vehicle manufacturers deployed 57% more nickel in passenger EV batteries in May this year, compared to 2018.
News ID: 5150 Publish Date : 2019/07/13
The death last month of 43 artisan miners at the Kamoto Copper Company KOV concession in the Democratic Republic of Congo has refocused attention on the human cost of producing what is a key input into electric vehicle ( EV ) batteries.
News ID: 5147 Publish Date : 2019/07/13
The London Metal Exchange (LME) is partnering with Fastmarkets to develop the reference price for its planned lithium futures contract, which will help analysts and executives to get a full sense of the global market for the key ingredient in the making of the batteries that power electric vehicles ( EV s).
News ID: 4794 Publish Date : 2019/06/10
The new International Maritime Organization (IMO) 2020 regulations are expected to have some tangible effect on the steel industry. Primarily, increasing freight rates for raw materials such as iron ore and coal as ship owners and operators pass on higher bunker costs.
News ID: 4688 Publish Date : 2019/05/31
A recent spike in electric vehicle sales in B.C. is part of a global trend that saw 5.1 million EV s sold last year, according to the International Energy Agency (IEA).
News ID: 4667 Publish Date : 2019/05/28
World’s largest miner BHP (ASX, NYSE: BHP) has lifted its forecasts for the global adoption and sales of electric vehicles ( EV s), but warns the electrification of the transport sector will proceed only as fast as the development of charging infrastructure.
News ID: 4601 Publish Date : 2019/05/21
The global nickel market and its key growth sector, electric vehicle ( EV ) batteries, will face grave supply shortages unless key Chinese-led projects in Indonesia start up in a timely and cost-effective manner, analysts said on Thursday.
News ID: 4340 Publish Date : 2019/04/12
First Cobalt Corp aims to restart an idled cobalt refinery in Canada within two years and is in talks to supply the battery-grade product to four leading automakers, chief executive Trent Mell said on Wednesday.
News ID: 4317 Publish Date : 2019/04/11
The European Commission is eyeing opportunities within the EU’s minerals and mining sector, and has put forward, in its Strategic Action Plan (SAP) on batteries, a comprehensive set of targeted measures to make Europe a global leader in sustainable battery production and use.
News ID: 4174 Publish Date : 2019/03/30
US automakers this week announced more than $1.1bn in investments into electric vehicle ( EV ) production plants, expanding on the recent trend.
News ID: 4135 Publish Date : 2019/03/23
Human rights advocate Amnesty International has accused the electric vehicle ( EV ) industry of selling itself as environmentally friendly while most of the batteries they produce use polluting fossil fuels and unethically sourced minerals.
News ID: 4106 Publish Date : 2019/03/21
Battery metals tracker Adamas Intelligence says Chinese electric vehicle manufacturers deployed 253% more nickel in passenger EV batteries in January this year compared to 2018.
News ID: 4105 Publish Date : 2019/03/21
Lithium miners have set their eyes on Portugal, a country that doesn’t scream “mining” like other jurisdictions, but which already is Europe's biggest producer of the commodity, thanks to the surge in popularity of electric vehicles ( EV s).
News ID: 3729 Publish Date : 2019/02/24
South Korean steel producer Posco said the electric vehicle ( EV ) industry this year faces growth limits until a product is available widely enough for demand to achieve large-scale gains.
News ID: 3667 Publish Date : 2019/02/18
A study by Wood Mackenzie forecasts that global lead production, excluding that of China, will increase in 2019 by about 250 kt, which is equivalent to over 10% of current output.
News ID: 3552 Publish Date : 2019/02/04
Increased demand for battery materials used in electric vehicles has reignited interest in the mining sector now that the China-induced supercycle in commodities demand is levelling off.
News ID: 3501 Publish Date : 2019/01/30