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

December 26, 2024

Ron Finklestien

mining

Mexico Considers Legislation to Prohibit Open Pit Mining

Mexico’s Open-Pit Mining Future Under Review Amid Economic Concerns “Open-pit mining warrants a thorough review, as activities such as sand extraction for cement production and lithium mining — critical for national development — are conducted using this method. It is vital to assess the specifics of the constitutional reform’s provisions,” Sheinbaum said in a statement. Environmental Safeguards versus Corporate Interests She emphasized that the review will focus on ensuring environmental protection and is independent of corporate interests. Industry Resistance to Mining Ban The Mexican Mining Chamber (Camimex) has voiced strong opposition to the proposed ban. Open-pit mining accounts for 60% of the