Articles for tag: battery, bill, CHARTS, cobalt, continues, lithium, Metals, nickel, price, sets, slump

January 10, 2025

Ron Finklestien

mining

“Analysis: Declining Prices of Lithium, Nickel, and Cobalt Signifies Challenges for EV Battery Metals Market”

Global Electric Vehicle Battery Capacity Reaches New Heights Amid Market Shifts From January to October, the world saw a total of 674.6 GWh of new battery power, according to Toronto’s Adamas Intelligence, a firm specializing in EV supply chain research. Increasing Popularity of Hybrid Vehicles The surge in electric vehicle (EV) adoption coincides with a growing preference for hybrid vehicles, which typically contain smaller batteries. This trend reflects a noticeable shift in consumer choice. This year, plug-in hybrid vehicles (PHEVs) have seen a staggering 71% increase in battery capacity compared to a modest 17% growth for fully electric cars. The

May 23, 2024

Ron Finklestien

mining

Video: China’s dominance drives global battery trends, says Adamas Intelligence

“They produce more than they sell inside the country. So, if you want to look at trends, you must start in China,” Els, head of Adamas Inside, told The Northern Miner’s western editor, Henry Lazenby, last month during the Energy Transition Metals Summit in Washington, D.C. Els, who’s also editor-at-large with The Northern Miner’s sister publication MINING.COM, pointed out that battery chemistry is quickly evolving.  Following a shift toward lithium iron phosphate (LFP) batteries that began in China in 2020, over half of the EVs sold there are LFP. The chemistry, which is cheaper than others, is also lower density.

April 25, 2024

Ron Finklestien

mining

Miners struggle to finance projects amid surging battery demand — IEA

In its recent Global EV Outlook 2024, IEA highlights the necessity of external sources to support large-scale capital expenditure in mining projects, however miners Albemarle, Core Lithium, Liontown Resources and Pilbara Minerals recently announced project spending reductions, lower dividends, and job cuts. Nickel and cobalt projects in Australia have also been delayed or halted, involving companies like BHP, First Quantum Minerals and Wyloo Metals. In the US, Piedmont Lithium Inc. is letting go of 25% of staff. “Over the 2024-2026 period, we could see progressive consolidation of critical mineralextraction and refining projects and businesses around lowest-cost producers,” said the Agency.

April 24, 2024

Ron Finklestien

mining

American Battery updates assessment of Tonopah Flats lithium project, Nevada

Rather the figures comply with the U.S. S-K 1300, which the company says is “similar to a preliminary economic assessment”. The Tonopah Flats claystone is one of the largest lithium resources in the United States. The measured and indicated resource is 3.16 million tonnes averaging 596 ppm lithium and containing 11.4 million tonnes of lithium hydroxide monohydrate (LHM). The inferred resource is 2.93 billion tonnes averaging 550 ppm lithium, containing 21.2 million tonnes LHM. American Battery believes that over the 50-year mining period, about 540,000 tonnes of claystone will be treated annually. The company plans to use its own dilute

April 20, 2024

Ron Finklestien

mining

Revolutionizing the Battery Material Industry: Nouveau Monde Graphite’s Major Expansion

Shaking Up the Graphite Market China’s recent move to tighten export regulations on graphite products has sent ripples through the global market. As the world’s leading graphite producer and exporter, China holds a significant influence over the supply chain. With more than 90% of the world’s graphite refined by China for electric vehicle (EV) battery anodes, this new export permit requirement showcases a strategic move to maintain dominance in global manufacturing. The North American Perspective Concerns over the scarcity of graphite supply in North America are escalating as the Lac des Iles mine in Quebec faces depletion. With a demand

March 25, 2024

Ron Finklestien

mining

Patriot Battery Metals: Discovering New Frontiers at Corvette

Exploration Unveils Promising Lithium Findings Patriot Battery Metals has struck gold—well, in this case, lithium—at their Corvette project with a recent breakthrough in discovery. The company’s Vice President of Exploration, Darren Smith, describes the find as a testament to the vast extent of the spodumene mineralized system along the CV lithium trend. This trend sprawls across the property, with a significant chunk still awaiting exploration for lithium pegmatite—a potential treasure trove waiting to be unearthed. Expanding Horizons in Exploration The 2023 surface exploration initiative has snagged a mineralized pegmatite boulder at 0.53% Li2O, situated approximately 450 meters up-ice to the

February 26, 2024

Ron Finklestien

mining

The Fast Track to Lithium: Patriot Battery Metals’ Corvette Project Revs Up Production

Patriot Battery Metals’ Corvette project is a testament to vision and perseverance in the red-hot world of lithium mining. CEO Ken Brinsden, a seasoned hand in the industry, sees the project not just as a mineral deposit, but as a crucial link in the chain powering the global energy transition. With the backing of key investors and a treasure trove of lithium resources waiting to be tapped, the stage is set for Patriot to make a significant impact. COO Blair Way at the Corvette site performing winter prospecting. Credit: Patriot Battery Metals From the shift in leadership to the significant

February 6, 2024

Ron Finklestien

mining

Empowering EV Safety at Mines Symposium Empowering EV Safety at Mines Symposium

A stellar lineup of industry speakers is set to headline the one-day symposium on battery electric vehicle (BEV) safety in mining operations. The event, now in its fourth year, promises to offer vital insights and best practices for managing the growing usage of electric vehicles in the mining sector. Notable Speakers The symposium will feature presentations by distinguished personalities including George Pirie, Ontario Minister of Mines; Norm Ladouceur, corporate manager of health and safety at Agnico Eagle Mines; David Lyon, president of Zero Nexus; and Anthony Griffiths, manager of business development at MacLean Engineering. Additionally, Gertjan Bekkers, VP of mines

February 1, 2024

Ron Finklestien

mining

Patriot Battery Metals falls on Toronto debut

Patriot Battery Metals’ Downturn on Toronto Debut Patriot Battery Metals Canadian Venture Commences with a Debut Flop Patriot Battery Metals is fully immersed in the advancement of its exclusively owned Corvette property, located in the Eeyou Istchee James Bay region of Quebec.

January 31, 2024

Ron Finklestien

mining

Northern Graphite’s Groundbreaking Launch of Battery Materials Group Northern Graphite’s Groundbreaking Launch of Battery Materials Group

CEO Hugues Jacquemin heralded a pivotal move for Northern as the company announced the launch of the NGC Battery Materials Group. Northern, renowned for its Lac des Iles mine in Quebec, stands as the sole graphite producer in North America. Amidst escalating geopolitical significance of graphite underscored by China’s announcement of stringent export controls in November, the strategic move by Northern looms large. China, as the world’s premier graphite producer and exporter, refines over 90% of the material crucial for electric vehicle batteries and various green energy technologies. The NGC Battery Materials Group, which will be operated and financed by