Category Archives: Energy

#Mexico seeks #Lithium association with #Argentina, #Bolivia and #Chile

Mexico is working with governments of Argentina, Bolivia and Chile to create a lithium association so the countries can share their expertise to exploit the battery mineral, Mexican President Andres Manuel Lopez Obrador said on Tuesday.

“We’re going to work. We’re already doing so together on development, on exploration, processing, new technologies,” Lopez Obrador told a regular news conference.

Bolivia, Chile and Argentina sit atop the so-called “lithium triangle,” a region containing nearly 56% of the world’s resources of the metal, according to the most recent figures from the United States Geological Survey (USGS).

Read more at: Mexico seeks lithium association with Argentina, Bolivia and Chile | Financial Post

Enough #Nickel, #Lithium for 14 mln EVs in 2023 without Russian Nickel- #European climate group

May 3 (Reuters) – Data shows there is enough nickel and lithium to produce up to 14 million electric vehicles (EVs) globally in 2023, so Europe should secure more raw materials to shift away from oil faster, campaign group Transport and Environment (T&E) said on Tuesday.

In a study based on BloombergNEF data on global maximum volumes of EV battery-grade nickel and lithium, T&E said that in 2025 there would be enough to make 21 million EVs globally.

Excluding Russian nickel, T&E said there should be sufficient raw materials for 19 million EVs in 2025.

Global EV sales more than doubled to 4.2 million vehicles in 2021 from just over 2 million in 2020.

Automotive consultancy LMC has forecast global EV sales will hit 9 million in 2023 and 14.2 million in 2025.

Read more at: Enough nickel, lithium for 14 mln EVs in 2023 – European climate group | Reuters

#TheWashingtonPost: #Biden order to boost mining may not have quick payoff

WASHINGTON — President Joe Biden is turning to a Cold War-era law to boost production of lithium and other minerals used to power electric vehicles, but experts say the move by itself is unlikely to ensure the robust domestic mining Biden seeks as he promotes cleaner energy sources.

Biden’s order directs the Defense Department to consider at least five metals — lithium, cobalt, graphite, nickel and manganese — as essential to national security and authorizes steps to bolster domestic supplies. Biden and former President Donald Trump both used the defense production law previously to speed the U.S. response to the COVID-19 pandemic.

On minerals, Biden wants to ensure the U.S. has enough lithium and other materials needed for EV batteries, heat pumps and large-capacity batteries for the electric grid. A majority of global lithium production comes from China, Australia, Argentina and Chile, while Russia dominates the global nickel market and the Democratic Republic of Congo is the world’s largest cobalt producer.

“Unless the president streamlines permitting, we should not expect to see any meaningful increase in American mineral production,’’ said Wyoming Sen. John Barrasso, the top Republican on the Senate Energy and Natural Resources Committee. At a recent committee hearing. Barrasso urged Biden to “stand up to mining opponents in his own party.”

Democratic Gov. Gavin Newsom has labeled California the “Saudi Arabia of lithium,” and two projects there could produce lithium by 2024.

Read more at: Biden order to boost mining may not have quick payoff – The Washington Post

#Sumitomo Metal Mining Withdraws from #Indonesia #Nickel Project, which May Exacerbate Battery-Grade Nickel Supply Tightness

SHANGHAI, Apr 29 (SMM) – Japanese refined metals supplier Sumitomo Metal Mining has pulled out of a planned high-pressure acid leaching (HPAL) project with PT Vale Indonesia, which could lead to further delays in the project, exacerbating supply risks to an already tight battery-grade nickel market. On April 25, Sumitomo Metal Mining announced the end of a nearly ten-year partnership with PT Vale to develop the project. Sumitomo Metal Mining said it had disagreements with PT Vale over construction timelines and costs. PT Vale is reportedly looking for new partners, without naming any specific companies. The two companies submitted an environmental impact study for the project as early as 2015, with construction originally expected to start in 2018 and production expected to commence in 2023. Initial plans included an annual production of 40,000 mt of mixed nickel sulphide. The nickel industry looks to HPAL technology to increase the supply of battery-grade nickel as growth from traditional sulphide sources is limited.

Read more at: Sumitomo Metal Mining Withdraws from Indonesia Nickel Project, which May Exacerbate Battery-Grade Nickel Supply Tightness _SMM | Shanghai Non ferrous Metals

Recycling needed to meet #Europe’s green metals needs-study

LONDON, April 25 (Reuters) – The European Union is likely to suffer severe shortfalls in lithium, rare earths and other metals needed to cut carbon emissions, but recycling could help plug the gap from 2040, according to a study released on Monday.

The issue has become even more critical due to the EU’s recent efforts to become less dependent on Russia for energy, the study commissioned by industry group Eurometaux said.

“The global energy transition is progressing faster than the mining project pipeline, with copper, cobalt, lithium, nickel, and rare earths all at risk of a disruptive demand pull between now and 2035,” said the study by Belgium’s KU Leuven University.

The EU’s pledge to cut net greenhouse gas emissions to zero by 2050 will require large amounts of metals and minerals to roll out electric vehicles and wind turbines.

The study said the bloc will need 35 times more lithium and seven to 26 times more rare earths by 2050, used in EV batteries and motors respectively.

“Europe needs to decide urgently how it will bridge its looming supply gap for primary metals,” said lead author Liesbet Gregoir.

Read more at: Recycling needed to meet Europe’s green metals needs-study | Reuters

Development of new magnet that reduces use of rare-earth element by 30%

Neodymium is an expensive and unstably supplied material, but it is essential for manufacturing rare-earth permanent magnets. In order to develop an Nd-reduced permanent magnet, the content of cerium (Ce), an inexpensive element, was increased, instead of reducing the content of Nd. Until now, with the increased content of Ce, deterioration of the magnetic properties was inevitable. The research team focused on clarifying the reason for and mechanism of the deterioration of the magnetic properties caused by the increased Ce content, and they successfully solved the problem of rare-earth-reduced permanent magnets by controlling the atomic-scale microstructure.

The researchers discovered that unnecessary magnetic particles were formed during the manufacturing process, the underlying reason for the deterioration of the magnetic and microstructural properties of the magnets. They modified the microstructure and enhanced the magnetic properties by preventing the diffusion of atoms so that the formation of unnecessary magnetic particles is suppressed.

The research team applied the melt-spinning method and the hot-deformation method, which have very fast cooling rates compared to the conventional process, to the process of fabricating rare-earth-reduced precursors and final bulk magnets, respectively. As a result, they succeeded in optimizing the microstructure of the magnets by suppressing the formation of unnecessary magnetic particles. In addition, they were able to simultaneously improve the residual magnetization and coercive force, which are the main properties of permanent magnets.

Read more at: Development of new magnet that reduces use of rare-earth element by 30% (phys.org)

How #Trudeau proposes to make #Canada a key supplier of critical minerals

Chrystia Freeland’s second budget as finance minister proposes billions of dollars in new spending to incentivize more mining of critical minerals through investments in infrastructure, tax credits for exploration, and funding to help attract the downstream industries that turn those minerals into products such as electric vehicles and battery cells.

Critical minerals include not only the lithium, nickel and cobalt used in batteries, but a far wider array of elements, from copper to manganese. The budget proposes allocating at least $3.8 billion in cash, plus more in tax credits, between now and 2030, to develop a supply chain of critical minerals. Whether that investment sounds like too much money, or far too little, depends on how you view the threats posed by climate change and the urgency of the energy transition.

Much of the strategy outlined in the budget hinges on the idea that creating a supply chain will help attract industrial investment to Canada, and thus boost future economic growth. To that end, Prime Minister Justin Trudeau’s government would spend up to $1.5 billion by 2030 on the infrastructure needed to get those materials from the ground to factories.

Read more at: https://financialpost.com/commodities/energy/how-trudeau-proposes-to-make-canada-a-key-supplier-of-critical-minerals

India: Simple Energy invests $150M on Lithium ion cell factory

Chennai: Electric vehicle startup Simple Energy, which is setting up its EV factory at Hosur (Tamil Nadu), will invest $150 million (around Rs 1136.5 crore) on a lithium ion cell manufacturing unit. The company has tied up with US-based battery company C4V for technology and knowhow.

Simple Energy’s flagship product, Simple One, will be produced at Phase I of the company’s manufacturing unit located at Hosur which has an annual production capacity of up to one million units. The factory will be operational in the coming weeks. The company has also commissioned a second plant in Dharmapuri, Tamil Nadu, which will have a capacity of 12.5 million units annually as part of its Phase 2 ramp up.

Read more at: https://timesofindia.indiatimes.com/business/india-business/simple-energy-invests-150-mn-on-lithium-ion-cell-factory/articleshow/90693184.cms

President #Biden Poised to Use Cold-War Powers to Boost Battery Metals

President Joe Biden plans Thursday to invoke Cold War powers to encourage domestic production of critical minerals for electric-vehicle and other types of batteries, according to people familiar with the matter.

Adding minerals like lithium, nickel, graphite, cobalt and manganese to the list could help mining companies access $750 million under the Defense Production Act’s Title III fund, the people said. The move also could aid recycling of battery materials, one of the people said.

Read more at: https://www.bloomberg.com/news/articles/2022-03-30/biden-poised-to-invoke-cold-war-powers-to-boost-battery-metals

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