Lithium
Tesla´s main competitor BYD plans to stop using Cobalt
The Chinese company BYD has confirmed that it relies fully on LFP batteries (lithium iron phosphate) and is completely eliminating NCM technology (nickel, cobalt, manganese) from its model range. BYD, behind which the legendary US investor Warren Buffet stands …
Canada might take a leading role in the battery metals industry
"Canada has great potential to take a leading role in the global market for Li-ion batteries," says a new analysis by Roskill. The research firm released this finding after Lion Electric, a manufacturer of all-electric trucks and buses, announced plans to …
Rio Tinto announces new findings in Serbia
Rio Tinto today announced an initial ore reserve and an updated mineral resource for its wholly owned Jadar lithium borate project in western Serbia. The ore reserve is 16.6 million tons with 1.81% Li2O and 13.4% B2O3. The mineral resource underlying the first …
Chilean Environmental Agency calms down the lithium markets
The nation, sitting on half of the world's lithium reserves, has a reassuring message for electric car makers: Tighter environmental controls will not jeopardize future production of the metal used to make batteries. The Chilean Environmental Protection Agency …
Sociedad Quimica will be reducing water usage by 50% until 2030
Chilean SQM (NYSE: SQM), the world's second largest lithium producer, will voluntarily forego the use of fresh water and brine from the Atacama Desert in order to mitigate the overall impact of its operations in one of the driest places on earth. The company, …
Neo Lithium to receive fresh funds from Chinese CATL
China's CATL will acquire more than 10 million shares in Neo Lithium Corp. to become the company's third largest shareholder, the latest in a string of investments by Chinese companies in South American lithium projects. The deal announced on Monday comes …
Demand for Electric Vehicles outpaces the battery metal production
Almost 800 kt LCE of additional lithium would have to go online over the next five years to meet the needs of the battery sector, according to a new report by Wood Mackenzie. The market analyst's forecast is based on his own Accelerated Energy Transition (AET) …
German team of scientist develops process that allows for extraction of lithium from salt water
Researchers at the Karlsruhe Institute of Technology have developed an environmentally friendly process for extracting lithium from the saline thermal water reservoirs in the Upper Rhine Graben. Similar to other initiatives in Great Britain, the German …
Cypress Development increases resource estimate at Nevada lithium project
Cypress Development (TSXV: CYP) released an updated mineral resource estimate for its Clayton Valley Lithium Project in Nevada on Tuesday that shows an approximately 55% increase in total resources compared to estimates found in the May 2020 Pre-Feasibility …
A new glas-like Lithium could open up millions of possibilities for battery makers
Scientists at the University of California San Diego and the Idaho National Laboratory first glimpsed the non-crystalline "glassy" lithium that forms in the earliest stages of lithium charging. During such stages, slow, low-energy charging causes the …