2018 WAS A TURBULENT YEAR FOR THE LITHIUM INDUSTRY, WHICH WAS DEFINED BY FALLING CHINESE LITHIUM CARBONATE PRICES AND A SUBSEQUENT SOFTENING FROM THE Q1 HIGHS FOR REST OF THE WORLD (ROW) PRICES. IT WAS A YEAR WHERE LITHIUM HYDROXIDE WAS PUT FIRMLY ON THE AGENDA OF LITHIUM MAJORS, AND CATHODE CONSUMERS BEGAN TO RECEIVE … Continue reading Lithium in 2019
Lithium’s hard-rock expansions are set to continue beyond 2021 after Albemarle and Mineral Resources agreed a $1.15 billion deal in Q4 2018. The agreement will see Western Australia’s Mineral Resources sell a stake of its Wodgina project to Albemarle, establishing a 50/50 joint venture between the two companies. Under the joint venture the Wodgina mine … Continue reading Lithium hard-rock dominance to extend beyond 2021
In Q4 2018 SK Innovation (SKI) announced that it would be launching its first US-based battery plant in Commerce, Jackson County, Georgia. The company expects to begin production by 2022 with a total installed capacity of 9.8 GWh. The project is expected to cost KRW 1.98 trillion (approximately USD $1.8 billion). Outside of the US … Continue reading SK Innovation plans new battery plant in Georgia: is N America catching up?
China’s 2018 spherical graphite exports increased by 36% year-on-year as of the end of November 2018 as electric vehicle battery demand surges. During October, Heilongjiang, China’s largest graphite producing region, reported production of over 90,000 tonnes of spherical graphite from Hegang, a number it seeks to increase to over 100,000 tpa (tonnes per annum) by … Continue reading China’s spherical graphite demand surges
At the end of Q3 2018 a consortium announced plans to build a $700 million nickel processing plant in Indonesia aiming to produce battery-grade nickel chemicals. The joint venture sees major stainless-steel manufacturer Tsingshan, and leading battery materials producer GEM, pair up with a 36% share each. The Chinese-led investment will also see the battery … Continue reading Is Indonesia altering the nickel market?
Following Benchmark Minerals Week, Benchmark Mineral Intelligence visited Thor Trucks’ offices and factory in North Hollywood, California. We had the chance to speak to Dakota Semler, CEO and Co-Founder, about the company’s plans, how electric vehicles can infiltrate the truck market and their views on the supply of raw materials for electric vehicles. Benchmark: When … Continue reading Batteries scale up
High purity alumina (HPA) is critical to LED production. Demand for LEDs has surged since 2010 and this demand now accounts for over half of the world’s HPA consumption. But HPA is also being used as coating material for separators in lithium ion batteries. Dr Richard Flook explores the high purity alumina market and the … Continue reading Lights, batteries, action!
2019 has broken and a defining year awaits. This is the year where the team at Benchmark expects lithium ion battery cell production costs, at least from one producer, to finally drop below $100/kWh. If Elon Musk’s 2016 prediction that this could be achieved by 2020 was deemed ambitious, it is now potentially one year … Continue reading Breaking the barrier
By Anthony Milewski, Chairman, Cobalt 27 The mass adoption of the electric vehicle and the roll out of energy storage systems is underway. Look no further than acceleration of recent electric vehicle (EV) sales and headlines around energy storage systems being sold globally. Over the past five years approximately 5 million EVs have been sold. … Continue reading Nickel – the often forgotten battery metal
As the costs of producing lithium ion batteries have dropped their use has increased dramatically. But it’s estimated that only 5% of lithium ion batteries are currently recycled. In this feature Ajay Kochhar, Co-founder, President and CEO of Li-Cycle, explores the barriers to lithium ion recycling and developments in processing technology. As the world trends … Continue reading LITHIUM-ION BATTERY RECYCLING: CHALLENGES AND OPPORTUNITIES IN RAMPING UP TO MEGA SCALE RECYCLING