#Trump Tariff List Targets High-Tech Minerals That #US Needs

7b8882ef0a6242cdaa1638fc839ac12e#China’s grip on rare-earths supply is so strong that the #US joined with other nations earlier this decade in a World Trade Organization case to force the nation to export more of the materials, not less, after prices spiked amid a global shortage. The WTO ruled in favor of the U.S., while prices eventually slumped as manufacturers turned to alternatives.

Imposing duties will “bring home to the American public the reality of how much of what they use in everyday life contains these technology metals,” Jack Lifton, the Michigan-based founder of rare earth consulting service Technology Metals Research LLC, said by phone. “The Chinese mine the rare-earths, they separate them, they refine them. This is the long-term trend and a 10 percent tariff will not do anything to stir any domestic production in the U.S.”

Read more at: https://www.bloomberg.com/news/articles/2018-07-11/trump-s-tariff-list-targets-high-tech-minerals-that-u-s-needs

Electric vehicle demand will double #Nickel price – as soon as 2022


#Nickel, #Manganese and #Cobalt (NMC) batteries are favoured by most of the world’s automakers and the industry is hard at work to reduce pricey cobalt loadings  in favour of greater use of nickel.

Light passenger EVs using batteries with a 8:1:1 NMC ratio, which should become widely deployed over the next decade, require roughly 52 kilograms of nickel. Last year 3 million battery electric vehicles were sold. By 2025 battery electric vehicles could reach nearly 15 million unit sales with plug-in hybrids accounting for an additional 10 million vehicles.

#China’s #CATL to build its first #European #EV battery factory in #Germany


#Chinese battery maker Contemporary Amperex Technology Ltd (#CATL) will build its first production site in #Europe in #Germany, agreeing a major contract with #BMW to supply #Lithium-ion batteries.

Read more at: https://www.reuters.com/article/us-bmw-catl-batteries/chinas-catl-to-build-its-first-european-ev-battery-factory-in-germany-idUSKBN1JZ11Y

#India looks to acquire #Lithium and #Cobalt mines abroad

Image result for india & lithium

#India is scrambling to acquire #Lithium and #Cobalt mines abroad, along with other resources, to ensure that it has access to such strategic minerals, with #China having already taken a substantial lead in the race, much in the manner that it has done so in oil and gas.

Scientists create a #Vanadium flow battery model

Image result for vanadium flow battery

The #Vanadium flow battery is seen as one of the most advanced energy storage devices from the perspective of its integration with renewable energy sources. The battery’s operating principle consists of converting electrical energy into the energy of chemical reactions between vanadium salts. The flow battery differs from classical batteries in that it uses both the electrochemical cell and the liquid electrolyte stored in separate tanks and flowing through the cell when the battery is in operation. Thus, the battery’s capacity and power can be scaled independently, which gives the designers more flexibility in creating real power installations and enables them to design new high-power and high-capacity storage devices. Another advantage of vanadium flow batteries is that they have a much longer life compared to their conventional counterparts. Currently, vanadium flow batteries are used in combination with solar panels and wind power generators. The new model will help detect and monitor failures and expand the scope of application of the battery.

Read more at: https://phys.org/news/2018-07-scientists-vanadium-battery.html#jCp

#BHP steps up efforts to sell #Nickel West business in #Australia.


#BHP has said it prefers to focus on its key commodities, including #Copper, #Iron ore and oil, seeking a buyer for its assets that produce battery-grade #Nickel and steering clear of #Lithium and #Cobalt.

While the market to supply nickel for EVs may be worth about $4 billion by 2030, that’s still way off the $100 billion annual global trade in iron ore — BHP’s core business.

Read more at: http://www.mining.com/bhp-steps-up-efforts-to-sell-nickel-west-business-in-australia-report/

« Older Entries