Lithium

Rather than helping electric vehicle take-up by driving down costs to parity with traditional engines, the low price of nickel at the moment is deterring investors and could cause a supply shortage that holds back electromobility in a few years’ time.

The Chinese lithium-ion battery producer has taken significant stakes in two U.K. entities associated with a mine which could hold up to 8.8 million tons of the raw material in clay deposits.

The Trump administration is acknowledging global demand for clean energy and energy storage with the US State Department’s new strategy.

Following the launch of the Indian government’s 40 GW battery production plan for the states, Telangana has pitched for a 5 GW lithium ion plant by announcing the ready availability of 200 acres of land plus power and water for the fab at a concessional rate.

In the latest of a series of interviews about the geopolitics of renewable energy, Indra Overland, head of the Center for Energy Research at the Norwegian Institute for International Affairs, explains how storage could change the global energy landscape by eliminating entrenched strategic dependencies. The impact of storage, he says, will be stronger in regions dependent on fossil fuels.

Scientists at MIT have developed a new type of “hybrid” cathode for lithium batteries, which they say could increase their energy density beyond that of current commercial lithium-ion battery designs.

Against the backdrop of soaring demand, commodity prices for lithium and cobalt have come down 30% since the beginning of the year. This could have a profound effect on the EV industry, bringing price parity in comparison with conventional vehicles much earlier than previously thought.

The ASX-listed company which aspires to ‘close the loop’ on the energy-metal cycle has successfully produced lithium-ion batteries from tri-lithium phosphate sourced directly from a mine dump. It has also reported outstanding results in lithium recovery in excess of 90%, using its SiLeach process at the ANSTO Minerals pilot plant in New South Wales.

The French Environment & Energy Management Agency (Ademe) has published a report in which analyzes the dynamics of lithium supply and demand in different scenarios of global electrification by 2050. The agency experts are convinced that only with a 75% penetration of electric vehicles there is the real risk of a marked decrease in the safety margin of lithium supply.

The lithium producer is banking on both its substantial history and new developments in the rapidly growing the electric vehicle market.