The Renewables MMI (Monthly Metals Index) saw a welcome boost month-on-month, rising 6.27%. Grain-oriented electrical steel, silicon, and neodymium were the main factors that increased the index, while the lithium-ion battery market remains a point of contention. In the case of silicon, futures initially rose back in June due to production cuts within China, the […]
Search Results for: lithium
U.S. Lithium Startups Turn to Uncle Sam as Corporate Funding Dwindles
For years, lithium startups have enjoyed easy funding. But as the global lithium price plummets, that all seems poised to change. Indeed, the aforementioned funds mainly stemmed from battery users hoping to secure a reliable source of lithium and venture capitalists looking to score big while helping close the gap on domestically produced lithium products. […]
China’s Relentless Pursuit of Lithium Battery Materials: A Growing Powerhouse
It seems that China’s hunger for lithium remains unsatiated. Indeed, a new S&P Global report highlighted the “red dragon’s” efforts to gobble up critical minerals, including lithium battery elements, from mines across the globe. The report explained how China’s reach continues to grow in terms of minerals, particularly those critical to products that have major […]
Experts Anticipate Long-Term Volatility in the Lithium Market
Lithium, a crucial component in electric vehicles (EVs), seems to be the metal of the season. Indeed, over the past month, the market has seen loads of fresh developments around lithium pricing. Lithium mining and lithium battery usage have also been effected. Moreover, sector experts anticipate that lithium prices will continue to be volatile over […]
Soaring Surges to Brutal Reversals: What Lies Ahead for Lithium Prices?
A recent Reuters post detailed how a super-charged two-year rally, which saw Chinese spot lithium carbonate prices rise by tenfold, went into brutal reverse over the first part of this year. Indeed, the lithium spot price slumped by 70% between November and its low point in April. The move leaves many analysts asking: what does the […]
Chile’s Nationalization of the Lithium Industry Could Impact Lithium Prices
In the 1960s, revolutionary and often left-wing populists took control of foreign mining company assets “for the people” through “resource nationalism.” They proceeded to destroy inherent values and even plundered coffers to use for corrupt ends. Some nationalization efforts, like Chile’s, ended in the formation of Codelco, a world-class mining entity. However, far too many others did […]
Australia on Track to Earn as Much for Lithium as Thermal Coal
Australia is on the brink of a significant accomplishment in the worldwide transition from fossil fuels to renewable energy sources. Within the next five years, the country projects it will generate as much revenue from exporting lithium, a crucial mineral in battery technology, as it presently does from thermal coal. This news is even more […]
Automotive MMI: are Lithium Supplies Threatened by Supply Shortages?
Similar to the past six months, the Automotive MMI for March was again pulled in multiple directions. Hot dipped galvanized prices rose again, following the same trend as HRC and CRC. However, Chinese lead prices dropped significantly, pulling the index down. This was mainly due to car sales shrinking within China (the world’s top market). […]
Lithium Ion Battery Use Could be “Playing with Fire”
Lithium-ion is having a bad day – or year. In fact, depending on the source, “years” might be more appropriate. Lithium-ion (Li-ion) has powered batteries for portable consumable electronics, electric vehicles (EVs), and other products for over two decades. But now, with Tesla cars and millions of other products using the technology, the potential hazards […]
Canada Prohibits Chinese Investments in Lithium, Nickel, and Cobalt Sectors
Canada has a new foreign investment rule that is sure to send ripples through the mineral and metal mining sector. Indeed, the country recently requested that China immediately sell its holdings in three Canadian mining companies. According to media reports, national security is the primary reason for the new order. Indeed, the decision followed a […]
