EV battery cathode costs spike as lithium price sets fresh record

Mining News Pro - For lithium that change happened in 2018, which, for one, shows just to what extent the EV industry is still in its infancy, and two, just what an impact the additional demand from EVs will have on raw material prices.

Volkswagen searches for battery cell plant sites in Canada

Canadian Industry Minister François-Philippe Champagne signed the document — described as an addendum to a memorandum of understanding inked with VW in August this year — during his visit to Germany.

Toyota-Panasonic’s battery venture looking for new coastal site

Mining News Pro - The company, which formally started operations in 2020, also plans to pare production costs by adopting Toyota’s so-called kaizen process of increasing productivity via tiny, continuous improvements as it takes on bigger battery making rivals around the region.

Mineral-rich countries want to form an OPEC for battery minerals

Mining News Pro - Indonesia is considering a cartel for nickel and cobalt, while Argentina, Bolivia, and Chile are in "advanced talks" about a "lithium OPEC"

EV battery hopeful Britishvolt holds talks on UK site sale as outlook dims

Mining News Pro - The UK’s push to develop a homegrown electric-vehicle battery giant is under threat as three-year-old Britishvolt Ltd. discusses a sale of its main factory site, according to people familiar with the matter.

Peru targets local lithium battery production

Mining News Pro - Peru wants to produce lithium batteries domestically, a government official said on Wednesday, joining other Latin American nations with lofty ambitions to industrialize their resources of the ultralight metal needed to power electric vehicles.

Australia’s mining state aims to build battery manufacturing hub

Mining News Pro - Western Australia is seeking to lure more overseas investment to become a key battery manufacturer, promising financial backers from ally nations they will avoid limits on foreign ownership or repatriation of profits.

Electra Battery’s nickel refinery plans starting to take shape

Mining News Pro - Canadian firm Electra Battery Materials has announced the highlights of a scoping study for an integrated nickel refinery, as part of its vision of creating an electric vehicle (EV) battery materials park in Ontario.

Inside Tesla’s drive to keep Musk’s battery promise

Mining News Pro - The secret behind Elon Musk’s goal of selling 20 million Tesla’s a year by 2030 lies in its pioneering battery technology.

The next big battery material squeeze is old batteries

Mining News Pro - A global rush into battery recycling is good news for automakers worried about future raw material supplies. But the wave of new factories poses a big risk for the recycling industry itself: there’s nowhere near enough scrap yet to feed them all.

New aluminum-sulphur battery developed to lower cost of energy storage

Mining News Pro - An international team of researchers led by scientists at the Massachusetts Institute of Technology has developed a new kind of battery, made entirely from abundant and inexpensive materials.

Tesla’s battery metals bill balloons to $100 billion

Mining News Pro - Elon Musk had plenty of advice for the mining and metals industry at the company’s Battery Day event in September 2020, where the road map to a $25,000 Tesla was laid out.

Volkswagen and Mercedes line up tariff-friendly battery supplies in deals with Canada

Mining News Pro - Volkswagen AG and Mercedes-Benz Group AG have sealed agreements with Canada to secure access to raw materials such as nickel, cobalt and lithium for battery production, according to people familiar with the accords.

The EV race is turning a gold rush haven into a battery hub

Mining News Pro - Gold has long dominated the Western Australian city of Kalgoorlie, born in a late 19th Century prospecting rush and home to one of the world’s largest open pit mines, nestled right next to residential streets. Blasts to dislodge precious-metal laced rock from the more than two-mile-long Super Pit still frequently rattle the main street.

Hundreds of new mines required to meet 2030 battery metals demand

Mining News Pro - Global battery and minerals supply chains need to expand ten-fold to meet projected critical minerals needs by 2030, a report published by the International Energy Agency (IEA) has found.

Pelosi’s Taiwan trip spurs Chinese battery giant to pause plant debut

Mining News Pro - A giant Chinese supplier of electric-vehicle batteries decided to push back announcing a multibillion-dollar North American plant to supply Tesla Inc. and Ford Motor Co. due to tensions raised by House Speaker Nancy Pelosi’s trip to Taiwan, according to people familiar with the matter.

Tesla inks battery materials deals with two China suppliers

Mining News Pro - Tesla Inc. has signed new long-term deals with two of its existing Chinese battery-materials suppliers, the latest move by automakers to secure supplies amid intensifying competition.

Toyota-Panasonic battery JV to buy lithium from ioneer’s Nevada mine

Mining News Pro - A joint battery venture of Toyota Motor Corp and Panasonic Corp will buy lithium from ioneer Ltd’s Rhyolite Ridge mining project and use the metal to build electric vehicle batteries in the United States.

Rio Tinto, Ford to develop battery, low-carbon materials supply chain

Mining News Pro - Rio Tinto and Ford Motor Company have signed a non-binding global memorandum of understanding (MOU) to jointly develop more sustainable and secure supply chains for battery and low-carbon materials to be used in Ford vehicles.

Tesla’s Denholm says Australia is key to avoid EV battery crunch

Mining News Pro - Lithium powerhouse Australia, which produces about half of all unprocessed supplies of the raw material, needs to add capacity in refining and manufacturing to help the world meet surging demand for batteries, according to Tesla Inc. Chair Robyn Denholm.

Umicore plans $1.2 billion battery materials plant in Ontario

Mining News Pro - Belgium’s Umicore plans to invest C$1.5 billion ($1.2 billion) to build a battery materials manufacturing plant in Canada’s Ontario province that would supply parts to one million electric vehicles by 2030, Ottawa said on Wednesday.

Volkswagen breaks ground on $20 billion battery unit’s first cell plant

Mining News Pro - Volkswagen AG broke ground on a new battery plant in Germany on Thursday, saying the factory marks the first step in an effort that will generate more than 20 billion euros ($20.4 billion) in annual revenue by the end of the decade.

Top 10 trends impacting battery metals

Mining News Pro - Goldman Sachs paper warns it is 'the end of the beginning' for the battery metals bull market

Battery makers warn EU that lithium proposal may hurt EV sector

Mining News Pro - Lithium and battery producers warned the European Union that a proposal to classify the metal as a reproductive toxin could severely hurt Europe’s burgeoning electric-vehicle industry.

BMW-backed Northvolt advances on $12 billion battery IPO plan

Mining News Pro - Sweden’s Northvolt AB, whose customers include BMW AG and Volkswagen AG, is planning to go public within the next two years as battery demand for electric vehicles booms.

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