Canadian SRG Mining Relocates to UAE to Access Chinese Investment
Canadian company, SRG Mining (TSXV: SRG), announced last week that it will re-domicile to the Abu Dhabi Global Market (ADGM) in the United Arab Emirates (UAE) after a review of several alternative mining jurisdictions. According to SRG, the re-domiciliation will...
The Battery Breakdown: A Deep Dive into Battery Composition and Applications
The anatomy of an EV battery Electric vehicles (EVs) have been front and centre in the past few years, disrupting a traditionally internal combustion engine market. Most EVs run on lithium-ion (li-ion) batteries, the same type of battery used in...
The Rise of MENA: Saudi Arabia & Morocco’s Ambitions in the EV Battery Supply Chain
Saudi Arabia and Morocco are making head way in the race to secure a foothold in the global lithium-ion battery supply chain. By leveraging state support, different policy approaches, and geopolitical trends these Middle East/North Africa (MENA) countries are aiming...
Africa’s Transforming Mining Landscape
The African mining sector has long been at the epicentre of global criticism as a result of political tensions, artisanal mining, energy unreliability, among several other issues. Over the last decade, however, mining companies and government entities have been working...
Lamborghini Races Towards Lithium-Ion Battery Technology
Researchers at the Massachusetts Institute of Technology (MIT) have designed a new cobalt and nickel free lithium-ion battery, formed from organic, earth-abundant elements, potentially offering a more sustainable way to power electric vehicles (EVs). The paper, published in the journal...
EIT InnoEnergy and Demeter Launch €500M European Battery Raw Materials Fund
EIT InnoEnergy, the Eindhoven-based innovation engine for sustainable energy across Europe, and Paris-based Demeter Investment Managers, have announced the launch of a substantial €500M fund dedicated to the development of a resilient and diverse raw battery material supply chain for...
Ganfeng to Supply Hyundai Motor with Battery-Grade Lithium in Four Year Deal
Amid a global rush to secure lithium supplies, Chinese company Ganfeng Lithium has signed a long-term agreement with South Korea’s Hyundai Motor Company to supply battery-grade lithium hydroxide. Marking a strategic collaboration between the two entities, Ganfeng will supply Hyundai...
Pilbara Minerals Boosts Offtake Deal with Chinese Major Ganfeng Lithium
Australian lithium producer, Pilbara Minerals (ASX: PLS), has amended its offtake agreement with Ganfeng Lithium, increasing sales over the next three years with the option to further boost spodumene concentrate tonnage sold to the firm. The existing agreement with Ganfeng,...
China’s 2024 Trade Strategy: Tariff Adjustments Boost Battery Metals Imports
At the start of the New Year, China adjusted its import and export tariffs on critical raw materials with aims to support local industries, in particular the electric vehicle (EV) sector. The Chinese Ministry of Finance announced on 21 December...
Lithium’s Volatile Journey and Future Outlook
The global lithium market has undergone a remarkable transformation in recent years, driven largely by the surge in demand for electric vehicles (EVs) and the broader calls of a green revolution. As a crucial component in EV batteries, lithium has...
BYD Races Ahead of Tesla in Electric Vehicle Sales
News that BYD has overtaken Tesla as the world’s largest seller of electric vehicles (EVs) on a quarterly basis is a significant indication of China’s growing position in the global market for battery-powered cars. BYD reported selling more than 526,000 EVs in the...
Fuelling the Energy Transition: Battery Metals Supply & Demand
To start, where do our panelists see the biggest deficits in metals supply in the coming years? What are the risks to come with that and potential solutions? Paola Rojas: All the metals supporting the energy transition are going to...