Author Archives: Nanthakumar Victor Emmanuel, P.Eng

#Norway’s quest for ‘black gold’ from used car batteries

In southeastern Norway lies Europe’s biggest plant for recycling used or defective electric car batteries, turning them into a powder, or “black mass”, made up of nickel, manganese, cobalt, lithium and graphite.

These so-called critical minerals — essential components in many clean energy technologies — will be reused to make new batteries, key cogs in the transition to a decarbonised economy.

“The higher the quality of the components, the easier it is to use them for recycling,” said Gronvold, a laboratory technician at Hydrovolt, a joint venture between Norwegian aluminium giant Norsk Hydro and Swedish electric battery maker Northvolt.

The Hydrovolt plant opened last year in the port city of Fredrikstad.

Within the next few months, the site is expected to be able to process 12,000 tonnes of lithium-ion battery packs per year, the equivalent of 25,000 electric car batteries.

Read more at: https://www.yahoo.com/entertainment/norways-quest-black-gold-used-055407493.html

#Bolivia taps #China, #Russia in bid to unlock huge #Lithium riches

Bolivia has signed lithium agreements with Russian state nuclear firm Rosatom and China’s Citic Guoan Group, the South American country’s government has said, as it looks to develop its huge but largely untapped resources of the battery metal.

The deals, which were announced on Thursday, envisaged a total investment of $1.4bn and followed a similar agreement in January with giant Chinese battery maker CATL, another potential win for Beijing in its efforts to lock in a supply of the metal used in electric vehicles.

Read more at: https://www.aljazeera.com/economy/2023/6/29/bolivia-taps-china-russia-in-bid-to-unlock-huge-lithium-riches

#Exxon Mobil expands #Lithium bet with Tetra Technologies deal

FILE PHOTO: A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes/File Photo

Exxon Mobil has agreed to develop more than 6,100 lithium-rich acres in Arkansas with Tetra Technologies Inc, the second move this year by the oil giant for control of assets needed to produce the electric vehicle battery metal.

Exxon’s rapid expansion into the lithium sector comes amid growing interest by traditional energy companies and others into emerging technologies that aim to boost global supply of the ultralight metal.

Tetra, which produces chemicals for water treatment and recycling, earlier this week said it had signed an agreement with a company known as Saltwerx to develop 6,138 acres of salty brine deposits in Arkansas that are filled with lithium and bromine, although it provided few additional details.

Saltwerx is a subsidiary of Exxon, according to two people familiar with the matter. Exxon acquired it earlier this year when it bought a neighboring Arkansas parcel of 100,000 acres from Galvanic Energy. Galvanic remains an independent, privately held company and is not affiliated with Tetra or Exxon.

Read more at: https://www.reuters.com/markets/commodities/exxon-mobil-expands-lithium-bet-with-tetra-technologies-deal-2023-06-28/

For EV batteries, Lithium iron phosphate narrows the gap with nickel, cobalt

“LFP is less expensive than cobalt and nickel, and all the minerals can be obtained here in North America (which means) much lower transportation costs and a more secure supply chain,” said Stanley Whittingham, professor at Binghamton University in New York and a 2019 Nobel laureate for his work on lithium ion batteries.

The addition of manganese, a staple ingredient in rival nickel cobalt manganese (NCM) battery cells, has enabled lithium iron phosphate cells to hold more energy than previously, providing EVs with more range — up to 450 miles (724 km) on a single charge, Toyota said recently.

Read more at: https://www.reuters.com/business/autos-transportation/ev-batteries-lithium-iron-phosphate-narrows-gap-with-nickel-cobalt-2023-06-22/

#China’s #CATL Leads $1.4 Billion #Lithium Investment in #Bolivia

A Chinese consortium led by Contemporary Amperex Technology Co. plans to spend $1.4 billion to build lithium extraction plants in Bolivia, according to the country’s government, adding to a global rush to secure supplies of the battery material.

The group will build two facilities to make lithium chemicals with a combined production capacity of about 200,000 tons a year, Bolivia’s Ministry of Hydrocarbons and Energy said on Sunday. The investment could eventually grow to $9.92 billion, according to the statement. 

Read more at: https://www.bloomberg.com/news/articles/2023-06-20/china-s-catl-leads-1-4-billion-lithium-investment-in-bolivia#xj4y7vzkg

#EU and #Chile to develop #Lithium and green hydrogen projects

SANTIAGO, June 14 (Reuters) – Chile and the European Union will sign a memorandum of understanding (MOU) soon to develop value-added lithium projects in Chile, Ursula von der Leyen, president of the European Commission, said on Wednesday.

Speaking to reporters in a joint press conference with Chilean President Gabriel Boric, von der Leyen said the two parties reached an agreement to develop a strategic association to develop lithium and strengthen supply chains.

Read more at: https://www.reuters.com/markets/commodities/eu-chile-sign-mou-value-added-lithium-projects-2023-06-14/

#Norway seeks to open vast ocean area to deep-sea mining

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Norway’s government is readying plans to open an area of ocean nearly the size of Germany to deep-sea mining as it seeks to become the first country to extract battery metals from its sea floor. The country’s energy ministry is racing to submit to parliament in the next two weeks a proposal to open the vast area to applications for exploration and extraction.

The plan would then face a parliamentary vote in autumn. But Oslo faces a battle with fishing businesses and environmentalists over the proposals, and risks opening a dispute with other nations as it pushes to enable mining close to Svalbard, the Norwegian archipelago in the Arctic. Norway argues it commands exclusive mining rights over a larger area of water there than Russia, the UK and the EU contend it does.

Read more at: https://www.ft.com/content/44855d32-82c2-4f4c-b77c-1c21d3c1279f

#India’s #Tata Group signs $1.6 billion EV battery plant deal

June 2, 202310:48 AM EDTUpdated 2 days ago

A Tata Motors logo is pictured outside the company showroom in Mumbai

AHMEDABAD, June 2 (Reuters) – India’s Tata Group signed an outline deal on Friday on building a lithium-ion cell factory, based on investment of about 130 billion rupees ($1.58 billion), as part of the nation’s efforts to create its own electric vehicle supply chain.

Read more at: https://www.reuters.com/business/autos-transportation/indias-tata-group-signs-16-bln-ev-battery-plant-deal-2023-06-02/

#SaudiArabia expands #Lithium processing to supply #BMW

Saudi Arabia is planning a second lithium processing facility, as it steps up efforts to work with western partners to develop its battery supply chain. The facility, which will use feedstock mined in Austria to produce refined lithium hydroxide for BMW, is a sign of how supply chains to process the metal are slowly developing outside China.

Read more at: https://www.ft.com/content/89b26197-87e9-4aa6-adde-797131af3d8a

#Canada, #Quebec to provide about C$300 mln for #GM-#POSCO battery materials facility

OTTAWA, May 29 (Reuters) – Canada’s federal government and the Quebec province will each provide about C$150 million ($112 million) for a General Motors-POSCO Chemical battery materials facility that is expected create about 200 jobs in the country, the Canadian industry ministry said on Monday.

The U.S. carmaker and South Korea’s POSCO outlined their plan last year to build the facility in Becancour, Quebec, to produce cathode active material (CAM) for electric vehicle (EV) batteries.

Read more at: https://www.reuters.com/markets/canada-quebec-provide-about-c300-mln-gm-posco-battery-materials-facility-2023-05-29/

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