Demand for EV raw materials to spike: report
The demand for raw materials used to manufacture rechargeable batteries for electric vehicles (EVs) will grow rapidly as the importance of oil as a source of energy recedes, according to…
lithium
BloombergNEF forecasts 18% drop in electric vehicle sales
BloombergNEF, the primary research service for Bloomberg, is forecasting an 18% drop in electric vehicle (EV) sales this year due to disruptions to battery metals supply chains from the COVID-19…
Lithium prices to jump as pandemic hinders expansions, analyst says
Prices for lithium, one of the key ingredients for the batteries that power electric vehicles (EVs) and high tech devices, are expected to climb in two years, when shortages in…
Cypress releases study on Clayton Valley lithium project in Nevada
With an initial US$493-million investment, Cypress Development‘s (TSXV: CYP) Clayton Valley lithium project could produce 27,400 tonnes lithium carbonate equivalent (LCE) per year over a 40-year mine life, according to…
Tianqi Lithium to sell stake to raise cash
Tianqi Lithium, China’s top producer of the battery metal, says its controlling investor has put a sixth of its holding up for sale. The move, the Shenzhen-listed lithium miner said…
S&P Global lowers GDP, metals price forecasts
S&P Global Ratings has cut its global GDP growth forecast for 2020 to 0.4%. Earlier this month, it lowered its GDP growth forecast for China to 2.9% from its previous…
Alberta lithium startups aim to ease transition to clean energy economy
Not so long ago, in situ oilsands production was little more than a dream in the eye of Alberta’s petroleum producers. Years of government and industry-funded research cracked that nut…
TSX Venture plummets, March 16-20: Skeena, Azimut, Rock Tech
The S&P/TSX Venture Composite Index plummeted 8.84% (34.58 points) to finish the week at 356.54. Spot gold finished the week at US$1,498.80 per oz., down US$31.10 per oz., or 2.03%….
Neo Lithium produces battery grade lithium in Argentina
Neo Lithium (TSXV: NLC) has produced battery grade lithium carbonate at its pilot plant in Fiambalá using concentrated brine from its wholly owned Tres Quebradas lithium project in Argentina. The…
PDAC: Coronavirus weighs on mining outlook
It’s usually difficult to find a seat at the commodities session on the opening day of the Prospectors and Developers Association of Canada (PDAC) convention held in early March in…
SQM reports lower profits on weak lithium price
Sociedad Quimica y Minera or SQM (NYSE: SQM), the world’s second-largest lithium producer, continues to suffer from sustained weak prices for the metal used in batteries that power electric vehicles…
Base & Battery Metal Snapshot: Eight companies with interesting prospects
AVALON ADVANCED MINERALS Avalon Advanced Minerals (TSX: AVL; US-OTC: AVLNF) is a Canadian mineral development company specializing in sustainably-produced materials for clean technology. The company has three advanced-stage projects with…