Monthly Archives: October 2017

Nickel the latest metal to feel the Electric Vehicle buzz

LONDON, Oct 25 (Reuters) – First it was lithium. Then it was cobalt. And now it is nickel’s turn in the electric vehicle spotlight. Nickel is just as important as the other two metals in manufacturing the batteries that will power the green technology revolution. It is used in both currently dominant lithium battery configurations, nickel-cobalt-manganese and nickel-cobalt-aluminium. Indeed, it may increase its material share against cobalt, a metal that is posing all sorts … Continue reading

Posted in Energy, Metal Marketing, Mining, News | Comments Off

Mad Scramble for Lithium Stretches From Congo to Cornwall

For evidence of just how hot battery ingredient lithium is right now, look no further than Australia’s AVZ Minerals Ltd. A penny stock until a few months ago, the mining hopeful has surged about 1,300 percent this year. The proposition: recasting a remote, century-old tin mine in the Democratic Republic of Congo as a supplier of lithium needed to power electric cars. While its rise has been dramatic, AVZ isn’t alone in the rush … Continue reading

Posted in Energy, Metal Marketing, Mining, News | Comments Off

Massive Graphite Shortage Looms Over ElectricCar Future

Our rapidly evolving energy future – packed with electric vehicles, massive energy storage solutions and nanotechnology requires more tech-grade graphite than it does lithium and cobalt. If shortages for lithium and cobalt are looming large, shortages of graphite are even scarier. The United States is the biggest consumer, and it doesn’t even produce any tech-grade graphite. Companies in focus include: Cameco Corp. (NYSE: CCJ), Pretium Resources, Inc. (NYSE: PVG), Turquoise Hill Resources Ltd. (NYSE: … Continue reading

Posted in Energy, Metal Marketing, Mining, News | Comments Off

The Cobalt Cliff Will Cap Tesla’s Model 3 Production Capacity At 250,000 Units Per Year

Summary From a geopolitical perspective, there are two classes of cobalt supplies; metal refined in China that’s unavailable to non-Chinese customers and metal refined outside China that’s available to anyone. From an economic perspective, there are two classes of cobalt users – industrial users that represent half of global demand and battery manufacturers that scarf the leftovers. From a battery manufacturing perspective, there are two end-use segments – high-value consumer products and low-value transportation … Continue reading

Posted in Energy, Metal Marketing, Mining, News | Comments Off

After electronic cars, how about battery-powered airplanes? Here is all you need to know

Should the commercial e-plane become a reality, it would have huge benefits for the environment. Airplanes release around 500 million tons of carbon dioxide into the atmosphere. If all goes as planned then in the next 10 years, you could hop on to an electric battery-powered plane. UK budget airline EasyJet has paired with US firm Wright Electric to develop a battery-powered aircraft fleet that can be used for its short-haul flights. Should the … Continue reading

Posted in Energy, Metal Marketing, Mining, News | Comments Off

Nickel: Stainless Steel Cars – Back to the Future

One of the world’s largest stainless steel producers says the rise of electric cars will boost demand for the alloy in auto manufacturing. The opportunity outweighs the challenge of competing for nickel supplies, used in many batteries and the most important raw material in making rust-free steel. “Stainless steel is used to protect the batteries that equip hybrid cars, and overall this industry employs it more than the traditional one,” Bernardo Velazquez, chief executive … Continue reading

Posted in Energy, Metal Marketing, Mining, News | Comments Off

China’s Jinchuan hunts for more Nickel and Cobalt to tap into the Electric Vehicle

BEIJING — Jinchuan Group [JCHRP.UL], China’s top nickel producer, will next year start building a new project in Guangxi that will produce raw materials for electric vehicle (EV) batteries, its chairman said, looking to tap the sector’s “explosive” demand. The project, in the southern port city of Fangchenggang, where Jinchuan already smelts copper and nickel, will have annual production of 30,000 tonnes of nickel and 3,000 tonnes of cobalt by 2020, Wang Yongqian said … Continue reading

Posted in Energy, Metal Marketing, Mining, News | Comments Off

Electric Car Makers Have an Africa Problem

Volkswagen’s recent failure to lock in the price of cobalt for five years points to a serious problem with the optimistic projections of an electric vehicle revolution. These projections are based on gradually declining battery prices, but the scarcity of certain minerals and their concentration in politically unstable countries may interfere with that dynamic. The high price of batteries necessary for a solid EV range is the biggest reason EVs now need government subsidies … Continue reading

Posted in Energy, Metal Marketing, Mining, News | Comments Off

Vale searches for partner to invest in world’s largest Nickel mine

Vale is searching for a partner to invest in one of the world’s biggest nickel mines as part of a push by its new chief executive Fabio Schvartsman to reduce debt and get to grips with underperforming assets. The Brazilian miner is working with Scotiabank to sell a stake in Vale New Caledonia (VNC) on the remote South Pacific island of New Caledonia, according to people familiar with the process. It has held discussions … Continue reading

Posted in Metal Marketing, Mining, News | Comments Off

BHP’s entry into Nickel sulphate ‘well timed’, Cobalt sulphate may be next

PERTH (miningweekly.com) – Mining major BHP is reviewing the timing of its Stage 2 nickel sulphate plant at the Kwinana refinery, in Western Australia, on the back of high demand. BHP Nickel West asset president Eduard Haegel said on Tuesday that potential customer visits had confirmed that the company’s entry into the nickel sulphate market had been well timed, with interest by customers significantly exceeding expectations. Nickel sulphate is a key component in lithium-ion … Continue reading

Posted in Energy, Metal Marketing, Mining, News | Comments Off