MELBOURNE (Reuters) - Strong demand from the electric-vehicle sector alongside supply cuts should help Australian lithium miners recover toward the middle of next year, earlier than expected, industry executives said on Wednesday. Read full article By Melanie Burton 18 September 2019, 9:15 AM [...]
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Leading electric vehicle (EV) manufacturer Tesla has warned a global shortage of battery minerals could be on the horizon due to underinvestment in the mining sector, according to sources at a closed-door mining conference in Washington, United States. Two unnamed sources at the event told Reuters that Tesla global supply manager for battery metals [...]
Bank trims forecast for battery-electric vehicle market share HSBC sees 2020 ‘inflection point’ as battery costs decline High prices for lithium and cobalt will hinder sales growth in battery-powered vehicles the next few years, according to HSBC Holdings Plc. At the same time, HSBC has doubled their forecast for plug-in hybrid EVs to 5.5 [...]
We are in a lithium-ion revolution..... Benchmark Mineral Intelligence forecasts that we will see a 399% increase in lithium-ion battery production capacity over the next decade – enough to pass the impressive 1 TWh milestone. Read More By Visual Capitalist Data provided by Benchmark Mineral Intelligence [...]
GlobalData forecasts that demand for lithium will more than double to 58,300 tonnes in 2022. Electric vehicles (EVs) represent the future of global transportation with demand expected to grow at an annual rate of 15.6% over the next five years, presenting opportunities for lithium producers. Read full article [...]