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BIZARRE: 33 - What They Never Told You

High demand and prices for lithium send mines into overdrive

Demand for batteries has sent lithium prices soaring. But building new mines is controversial and time-consuming. So existing mines are hitting overdrive and boosting production as much as they can.

WEKU

Battery of lithium-ion blazes sparks firefighters' Christmas fears

Crews have responded to 180 lithium-ion battery fires so far this year compared to 16 in all of 2021, the firefighting authority has revealed.

Newcastle Herald

How a rare plant species could hinder a needed lithium mine

WASHINGTON — Skyrocketing demand for domestically sourced lithium to meet federal goals for zero-emission technologies has developers planning for the next great mining boon in the Silver State, but a rare wildflower may stymie one proposed project.

Tribune News Service

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Amid Eye-Watering Lithium Prices, Battery Chief Warns of Overcapacity

Eve Energy Chairman Liu Jincheng says the market could begin to suffer from excess production as soon as next year

Caixin Global

How a rare plant species could hinder a proposed lithium mine - Roll Call

Skyrocketing demand for lithium has developers planning Nevada's next mining boom, but a rare wildflower may stymie one project.

Roll Call

Ex-Tesla head guilty of insider trading

A former Tesla Motors director has pleaded guilty to insider trading by acquiring shares in a lithium mine before it struck a deal with the electric car giant.

AAP

Mexico to urge U.S., Canada firms to participate in lithium market

Mexican President Andres Manuel Lopez Obrador said on Tuesday his administration will issue a call for U.S. and Canadian companies to participate in the country's incipient lithium market.

Reuters

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Lithium Price Climbs to Record on Tight Supply

EV battery makers rush to lock in supply ahead of winter production slowdown, driving lithium carbonate price to $83,700 a ton

Caixin Global

Renewable energy boom faces up to critical minerals shortage

To reach net zero targets, the UK must secure supply chains of the raw materials required for crucial battery storage systems

Insider UK

UK’s first lithium refinery to be built in boost for electric car industry

Green Lithium, backed by Trafigura, will create 250 permanent jobs at plant in PD Ports’ Teesport

The Guardian - UK

Battery recycling firm Altilium Metals charges ahead with plans for North East plant

Altilium Metals' plans could create hundreds of jobs, as well as a key component of new batteries

Birmingham Post

Brisbane battery company using UQ technology offers solution to storing solar energy to power homes

A Brisbane company could change the face of Australia's energy landscape forever with an eco-friendly, carbon neutral cell that charges 70 times faster than a lithium ion battery and can be reused thousands of times.

ABC News

Canada orders China to divest from country’s mining companies

Move comes after ‘multi-step’ review by Canada’s national security and intelligence agencies

The Guardian - US

Scientists Making New Battery That Can Store More Energy Than Existing Ones

The future of batteries may be just around the corner. The post Scientists making new battery that can store more energy than existing ones appeared first on Talker.

Zenger

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Tribune News Service

Breaking China’s grip on rare-earths markets a ‘pipe dream,’ Australia says

Australia’s resources minister said it was a “pipe dream” that Western countries could soon end their reliance on China for rare earths and critical minerals — vital for the defense, aerospace and automotive industries — due to the Asian powerhouse’s existing grip on global markets.

The Independent UK

Legal threat over lithium mine in rare Nevada flower habitat

Conservationists have put federal wildlife officials on notice they're ready to take them back to court in a three-year-long fight over endangered species protection for a rare wildflower in Nevada

ABC News

Tesla supply deal with Northern Territory mining company Core Lithium not going ahead after deadline passes

Core Lithium previously announced to the share market that the two companies had entered into an arrangement involving the potential supply of the mineral vital for electric vehicle production.

Reuters

Lithium Americas reports two contractor deaths at Argentina project

Lithium Americas Corp on Monday reported the deaths of two contractors at its Cauchari-Olaroz lithium project in Argentina.

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Wales Online

1.3million disposable vapes are now being thrown in the bin every week

Annually it wastes enough lithium to create batteries for 1,200 electric cars, and poses a major fire hazard

Radio France Internationale

Europe's largest lithium mine to open in France

Industrial metals firm Imerys said Monday it plans to open one of Europe's largest lithium mines in central France by 2027 to help support the continent's move towards electric vehicles.

France 24

Imerys to open French lithium mine, aims to become EU's top supplier

France's Imerys announced plans on Monday to become the leading supplier of lithium in Europe through a mining project in central France as a push to make electric vehicles widely available spurs a "white gold" rush for the mineral.

Tribune News Service

Federal EV battery spending spree snubs Michigan, favors 'Battery Belt'

WASHINGTON — The U.S. Department of Energy on Wednesday announced $2.8 billion in funding across 12 states for electric vehicle battery production. None of the projects — most of which focus on battery mineral processing or component manufacturing — are in Michigan, which remains the largest auto-producing state in the…

Benzinga

Apple Supplier Says Smartphone Market May Slump Into Next Year, Meta Loses Veteran Exec Behind Instagram and WhatsApp Acquisitions, Voyager Digital Seeks Creditors' Vote For Sale To FTX: Top Stories Thursday, Oct. 20

Bloomberg YouTube Named Google Play Executive As New Gaming Head

The New Daily

Government to subsidise miners to extract critical minerals

The Albanese government has unveiled plans to subsidise mining projects for critical minerals like lithium to accelerate green industry.

France 24

Europe joins the ‘white gold’ rush for lithium and faces an energy transition challenge

With the EU committed to making electric vehicles widely available by 2035, the demand for metals required to produce batteries, particularly lithium, is expected to explode. The market is currently dominated by a handful of countries, but Europe wants to join the club by exploiting its subsoil.

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