Tag Archives: lithium

#Nigeria to open two #Chinese-backed #Lithium processing plants this year

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Note: Canada is a resource-rich country. Canada does not have to go to another continent for critical mineral. Canada needs investment and technology development (refining and recycling). Bring the investment to Canada.

LAGOS, May 26 (Reuters) – Nigeria is set to commission two major lithium processing plants this year, the country’s mining minister announced on Sunday, marking a shift from raw mineral exports towards adding value domestically.

The facilities, largely funded by Chinese investors, could help transform Nigeria’s vast mineral wealth into jobs, technology, and manufacturing growth within the country. Mining Minister Dele Alake said a $600 million lithium processing plant near the Kaduna-Niger border is slated for commissioning this quarter, while a $200 million lithium refinery on the outskirts of Abuja is nearing completion. Two additional processing plants are expected in Nasarawa state, which borders the capital Abuja, before the third quarter of 2025, the minister said. “We are now focused on turning our mineral wealth into domestic economic value – jobs, technology, and manufacturing,” Alake said. Over 80% of the funding for the four facilities has been provided by Chinese firms, including Jiuling Lithium Mining Company and Canmax Technologies, according to separate announcements by governors of the states where the plants are located.

Read more at: https://www.reuters.com/business/energy/nigeria-open-two-chinese-backed-lithium-processing-plants-this-year-2025-05-26/

Yes, Canada is considered a resource-rich country. It has abundant natural resources, including:

  1. Energy Resources:
    • Oil and Natural Gas: Canada has some of the largest reserves of oil in the world, particularly in the oil sands of Alberta. It is a major exporter of oil and natural gas, especially to the United States.
    • Hydroelectric Power: Canada is a leader in hydroelectricity production, with large dams and water resources, especially in provinces like Quebec and British Columbia.
  2. Minerals and Metals:
    • Gold, Silver, and Platinum: Canada has significant reserves of precious metals, making it one of the largest producers of gold and other precious metals.
    • Nickel, Copper, and Zinc: The country is a leading producer of these metals, which are essential for various industries, including manufacturing and electronics.
    • Uranium: Canada is one of the world’s top producers of uranium, used in nuclear power generation.
  3. Forests:
    • Canada has vast forest resources, making it one of the largest producers of timber and paper products. The forest industry is especially important in provinces like British Columbia and Quebec.
  4. Agricultural Resources:
    • Canada is a major producer of wheat, canola, and other crops. It also has extensive livestock farming, including cattle and poultry.
  5. Freshwater:
    • Canada holds around 20% of the world’s freshwater supply, making it an important resource for both domestic use and potential global trade.

These resources contribute significantly to Canada’s economy, especially through exports, and help maintain its position as one of the world’s wealthiest nations in terms of natural wealth

#DOE Announces $2.26 Billion Loan to #Lithium Americas Corp.

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As part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy (DOE), through its Loan Programs Office (LPO), today announced the closing of a $2.26 billion loan to Lithium Americas Corp’s subsidiary, Lithium Nevada Corp. (including $1.97 billion of principal and $289.7 million of capitalized interest), to help finance the construction of facilities for processing lithium at Thacker Pass in Humboldt County, Nevada.

The project is located next to a mine site that contains the largest confirmed lithium resource in North America. Once fully operational, the facilities are expected to produce approximately 40,000 tonnes per year of battery-grade lithium carbonate—supporting good-paying, high-quality jobs while helping ensure the United States can meet anticipated skyrocketing demand for the critical minerals necessary for the clean energy future. Today’s announcement reinforces the Biden-Harris Administration’s whole-of-government approach to building America’s clean transportation future, boosting America’s global manufacturing competitiveness, and securing reliable domestic critical minerals supply chains.  

Read more at: https://www.energy.gov/lpo/articles/doe-announces-226-billion-loan-lithium-americas-corp

Miner backed by #Canada province vows to compete with #China in rare earths

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The Canadian province of Saskatchewan has vowed to compete with China in processing and production of rare earths and become the first North American commercial alternative source for the metals, used to make magnets for electric vehicles and wind turbines.

The Saskatchewan Research Council Rare Earth Processing facility is betting on demand for these magnets to jump in the next couple of years, driven by demand from original equipment manufacturers such as automakers.

The SRC Rare Earth processing facility has begun production on a commercial scale and expects to hit a production target of 40 tonnes of rare earth metals per month by the end of this year. And it will produce 400 tonnes of the NdPr metals per year, which is enough to produce 500,000 EVs, according to SRC. The facility has already tied up with potential clients in South Korea, Japan and the United States.

Read more at: https://www.reuters.com/markets/commodities/miner-backed-by-canada-province-vows-compete-with-china-rare-earths-2024-09-23/

#China to regulate #Lithium-ion battery industry amid fast expansion

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China’s Ministry of Industry and Information Technology on Wednesday issued new guidelines for its lithium-ion battery industry, aiming to transform, upgrade and promote high-quality development amid rapid expansion in the sector.

The guidelines, following a proposal in May, will help firms scale back manufacturing projects that only expand production capacity, while enhancing technology innovation and product quality and trimming output costs, the ministry said.

Projects built on farmland and ecological zones would be required to be shut down, or strictly reined in and gradually removed.

Rapid expansion of production capacity along the lithium battery supply chain has led to a plunge in prices for products, including battery and raw materials, eroding companies’ profits in the world’s biggest market.

Industry planning and launch of new projects should be in line with national development of resources, ecological protection and energy saving management, the ministry said.

Read more at: https://www.reuters.com/markets/commodities/china-regulate-lithium-ion-battery-industry-amid-fast-expansion-2024-06-19/

#Scientists find new way to enhance durability of #Lithium batteries.

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Safe and efficient energy storage is important for American prosperity and security. With the adoption of both renewable energy sources and electric vehicles on the rise around the world, it is no surprise that research into a new generation of batteries is a major focus. Researchers have been developing batteries with higher energy storage density and, thus, longer driving range. Other goals include shorter charging times, greater tolerance to low temperatures and safer operation.

One of the more promising such batteries has a lithium-containing cathode supplemented with nickel, manganese and cobalt (NMC). At the U.S. Department of Energy’s (DOE) Argonne National Laboratory, a team of scientists has recently developed a new coating method for NMC cathodes with high nickel content, which boosts the energy density substantially. The cathode is the positively charged battery component that supplies lithium ions that shuffle between it and the battery’s negatively charged electrode, called the anode, during cycling.

The repeated charging of batteries under conditions of high voltage and rapid recharge leads to structural instability and breakdown over time. To overcome the problem, Argonne scientists developed a new coating that allows the cathode particles to withstand the fracturing in their crystalline structure that had previously occurred upon cycling. They call this material ​“epitaxial entropy-assisted coating,” or EEC for short. According to Xu, ​“entropy assistance” ensures that the coating helps to prevent the breakdown of the material beneath it due to a thermodynamic effect, which leads materials to naturally become destabilized over time.

Read more at: https://www.anl.gov/article/scientists-find-new-way-to-enhance-durability-of-lithium-batteries

#China likely to beat #Europe, #US in meeting battery metals demand through recycling – study

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China is the most likely candidate to first meet its entire demand for the three most important raw materials for batteries – lithium, cobalt and nickel – through recycling, new research has found.

According to a study by a team at the University of Münster, the race to achieve a complete circular economy for key battery metals will see Europe arriving in second and the US in third place.

In detail, the results show that China is expected to be able to employ recycling to meet its own demand for primary lithium for electric vehicles from 2059 onwards; in Europe and the US, this will not happen until after 2070. 

When it comes to cobalt, recycling is expected to ensure that China will be able to meet its needs after 2045, at the earliest; in Europe, this will happen in 2052 and in the US not until 2056.

Finally, for nickel, China can probably meet demand through recycling in 2046 at the earliest, with Europe following in 2058 and the US from 2064 onwards, according to the report.

Read more at: https://www.mining.com/china-likely-to-beat-europe-us-in-meeting-battery-metals-demand-through-recycling-study/

#China metals firms see #US rules unlikely to upend supply chains

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Chinese firms producing and processing battery materials see new US rules aimed at limiting Beijing’s grip on the electric-vehicle industry as less stringent than feared, allowing them to preserve a key role in the global supply chain.

Washington’s move, which seeks to cut China out of US tax credits and curb the country’s control over joint ventures, created uncertainty at the end of last week, with questions swirling around the status of Chinese-owned battery-material operations outside the mainland, and over the impact on the wider car and battery industry.

Read more at: https://www.mining.com/web/china-metals-firms-see-us-rules-unlikely-to-upend-supply-chains/

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