Remove Demand Remove Investment Remove Lithium Remove North America
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Li-Metal completes concept study for commercial-scale lithium metal plant

Charged

Li-Metal , a Canada-based developer of lithium metal technologies, has completed a concept study for a commercial North American lithium metal production facility with an annual capacity of up to 1,000 tonnes. Li-Metal expects its plant to require approximately 5,600 tonnes of lithium carbonate per year.

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Exxon Mobil plans to produce lithium in Arkansas

Charged

Exxon Mobil is targeting a different segment of the EV ecosystem—the oil giant has announced plans to set up a lithium production facility in Arkansas. Be that as it may, Exxon has the expertise and the capital to become a major player as the industry scrambles to establish sources of lithium in North America.

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LG invests $1.4 billion into first US cylindrical battery plant

Smart Energy International

billion) investment in a cylindrical battery plant. It is said to be the first-ever cylindrical-type battery manufacturing plant in North America. Batteries produced from the Arizona plant will be supplied to electrical vehicle (EV) manufacturers, including start-ups and electric tool companies based in North America.

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Will Lithium Follow The ‘Super-Cycle’ Of Mining?

R-Squared Energy

Those high oil prices caused a recession, which reduced demand, which reduced prices. When prices are high, oil companies tend to invest a lot more into increasing production. But there is a lag between those investments and additional supply. Thus, new supplies may come online even as demand softens.

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Can the global battery supply chain keep up with anticipated EV demand?

Charged

As global demand for EVs increases, many are questioning the adequacy of the existing battery supply chain. Nicholson says 97% of current EV demand is supplied by battery firms from China, Japan and South Korea. Further upstream, the raw materials for cells, especially lithium, nickel and cobalt, present another set of problems.

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There’s gold (and lithium and cobalt) in all those EV battery packs

The Verge: Energy

Billions of dollars in incentives such as the Inflation Reduction Act and Bipartisan Infrastructure Law have spurred the creation of a so-called Battery Belt across the southeastern US, all fuel to fire an anticipated spike in electric vehicle demand. That demand is only expected to grow, which is leading to a surge in battery production.

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Cirba Solutions to build EV battery recycling plant in South Carolina

Charged

Battery recycling company Cirba Solutions has announced a Phase I investment of at least $300 million in a new battery recycling facility to be built near Columbia, South Carolina. It will extract such materials as nickel, cobalt and lithium in quantities sufficient to support production of 500,000 EV batteries annually.

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