#BASF Aims to Muscle Itself Onto Battery Materials’ Top Table


#BASF SE is prepared to dig deep, pouring money and expertise into developing materials for #ElectricVehicle batteries to catch up with rivals like #Tesla Inc. supplier #Sumitomo Metals & Mining Co.

 The world’s No. 1 chemical maker is adding to its expansion plans in #Europe, which is emerging as the next high-growth region for batteries, said Ken Lane, #BASF’s global head of catalysts. Battery makers in the market currently rely on Asian suppliers like Sumitomo that provide #Nickel and #Lithium.

Top #China #Nickel Producer Joins #BHP in Prepping for #EV Boom


#Jinchuan Group Co. expects to raise production of #Nickel sulphate to 70,000 metric tons from 50,000 tons in 2017, Simon Bao, vice general manager of its marketing unit, said in an interview in #Shanghai. The country is already the world’s largest automotive market and sales of new-energy vehicles may hit 1 million in 2018 after topping 700,000 last year, according to manufacturers.

Read more at: https://www.bloomberg.com/news/articles/2018-01-17/china-s-top-nickel-producer-joins-bhp-in-preparing-for-ev-boom

#Bloomberg: The World’s Biggest Miner Is Building a Battery Supply Hub It Doesn’t Want


The world’s biggest mining companies are ratcheting up their response to the booming demand for battery raw materials. #RioTinto Group is developing a #Lithium project in #Serbia, while #Glencore Plc plans to double production of #Cobalt and is effectively “a one-stop-shop” for investors seeking exposure to EV gains, Sanford C. Bernstein Ltd. said in a note this month.

The good luck for #BHP is that only about 40 to 45 percent of existing #Nickel mine supply is suitable for processing into a battery-grade chemical product, #Melbourne-based UBS Group AG analyst Lachlan Shaw said by phone. “BHP’s Nickel West fits into that category.”

Read more at: https://www.bloomberg.com/news/articles/2018-01-10/world-s-no-1-miner-is-building-an-ev-hub-it-doesn-t-want-to-keep

Future demands of #Copper, #Nickel, #Cobalt an #ElectricVehicle world needs


A London-based research company modelled metal requirements across the supply chain – from generation and grid infrastructure through to storage, charging and vehicles – based on relatively modest penetration of EVs in the total global vehicle market out to 2030.

According to the study as early as 2020, when #EVs would still make up only 2% of new vehicle sales, related metal demand already becomes significant, requiring an additional 390,000 tonnes of #Copper, 85,000 tonnes of #Nickel and 24,000 tonnes of #Cobalt.

Read more at: http://www.mining.com/much-copper-nickel-cobalt-electric-vehicle-world-needs/

Small #Canadian miners in pole position for #ElectricVehicle battery boon

#Canadian developers of #Cobalt and #Lithium mines stand to benefit from a round of investments from the makers of #ElectricVehicles and the batteries powering them, a potential game-changer for small miners short on money to develop deposits of these critical battery ingredients.

Read more at: https://www.reuters.com/article/us-mining-evbatteries-canada-analysis/small-canadian-miners-in-pole-position-for-electric-vehicle-battery-boon-idUSKBN1E50EB

#SMM Forecast: Battery-grade & Electroplate-grade #NickelSulfate Output in 2018

As per #SMM independent research, in 2017 battery-grade nickel sulfate output reaches 209,800 tons and electroplate-grade output reaches 86,800 tons. In 2018 battery-grade nickel sulfate output is estimated to rise 35% on yearly basis and 5% for electroplate-grade.


Rainbow ships first #RareEarths from #Burundi mine

#LSE-listed exploration and development company #Rainbow #RareEarths has exported its first shipment of rare earth concentrate from its Gakara project, in #Burundi, making it #Africa’s only rare earths producer.

Read more at: http://www.miningweekly.com/article/rainbow-ships-first-rare-earths-from-burundi-mine-2017-12-05

« Older Entries Recent Entries »