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Major Policy Issued in Lithium Battery Industry to Accelerate the Elimination of Low-End Redundant Capacity

EnergyTrend

Major Policy Issued in Lithium Battery Industry to Accelerate the Elimination of Low-End Redundant Capacity NewRegulationstoStreamlineLithium-ionBatteryIndustryandPromoteHigh-QualityDevelopmentOnMay8th,accordingtoamessageonthewebsiteoftheMinistryofIndustryan.

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China Drops to Second in BloombergNEF’s Global Lithium-Ion Battery Supply Chain Ranking as Canada Comes Out on Top

BloombergNEF

The fourth edition of BNEF’s ranking finds Canada’s raw material resources, strong integration with the US automotive sector, and clear policy commitments have given it an edge over competitors London, February 5, 2024 – Canada has overtaken China for the top spot in BloombergNEF’s (BNEF’s) Global Lithium-Ion Battery Supply Chain Ranking, (..)

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Piedmont Lithium wins $142-million DOE grant for Tennessee lithium project

Charged

Piedmont Lithium has been selected to receive a $141.7-million million grant from the DOE, one of the first wave of projects aimed at expanding domestic supply of battery raw material funded by the Bipartisan Infrastructure Law. The Tennessee Lithium project is located in McMinn County, Tennessee. Source: Piedmont Lithium.

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Albemarle receives $90-million Department of Defense grant for lithium production

Charged

Albemarle , a US-based chemical manufacturer, has won a $90-million grant from the US Department of Defense to expand domestic mining and production of lithium for EV batteries. The planned Kings Mountain mine contains one of the few hard rock lithium deposits in the US. million EVs when it becomes operational in late 2026.

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The reasons behind lithium-ion batteries’ rapid cost decline

Envirotec Magazine

Lithium-ion batteries, a key enabler of today’s lightweight and handheld electronics as well as electric vehicles, have plunged in cost since their introduction three decades ago at a rate similar to drop-in solar panel prices, as documented by a study published last March. The research was supported by the Alfred P.

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Rinehart-backed lithium and rare earths projects rake in more than $1 billion in federal funding

Renew Economy

Two projects backed by Australia's richest woman will get federal funding of more than $1 billion to supercharge battery supply chain. The post Rinehart-backed lithium and rare earths projects rake in more than $1 billion in federal funding appeared first on RenewEconomy.

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Battery recycling’s big chance

Renewable Energy World

But the limited availability of raw materials used to manufacture lithium-ion batteries -- the primary power source for electric vehicles -- complicates the transition. Researchers and investors alike believe lithium-ion battery recycling is poised to make a big jump. electric vehicle market at one time by an automaker.

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