The auto market is expected to jump from $3.5 trillion (2015) to $6.7 trillion (2030) – and 30% of the revenue will come from new services.
Electric Vehicles Mining News
The Democratic Republic of Congo will seek greater control of the global cobalt market by engaging directly with car and battery manufacturers.
Some of Europe's richest deposits of valuable materials are in the trash, ranging from gold in smartphones to cobalt in electric car batteries.
Miners of bitcoin could require up to 140 terawatt-hours of electricity in 2018. That’s more than expected power demand from electric vehicles in 2025.
A full green shift still requires plenty of natural resources- they're just not the traditional fossil fuels we're used to.
Arrival of new Silicon Valley players like Tesla and Apple to old world of metals serves to reinforce focus on environmentally clean, ethical supply chains.
While "everyone knows there are great opportunities" for nickel in the EV sector, "prices are not there", according to Vale Chief Exec Fabio Schvartsman,
For the past two years the silvery-white metal has been a darling of the junior mining investment space, and for good reason.
Ron Struthers of Struthers Resource Stock Report surveys the battery metals field and profiles one company he believes could be a new LIB anode supplier.
As the world’s largest auto market, China was responsible for about half of the sales as the crackdown on polluting industries has propelled renewable alternatives from power generation to consumer products.
Surging demand for metals like copper, and cobalt for use in EVs promises to overturn balance of power between mining companies and their customers.
Miner announced record output of chrome and platinum group metals, also said it was seeking to diversify into EV materials.
Meetings last week between major cobalt producers including mining giant Glencore to supply world’s largest automaker Volkswagen ended without a deal.
Slowing demand from China's stainless steel mills and rising supplies have halted a frenzied price rally and are likely to keep weighing on prices.
Miner has one of biggest deficit outlooks on back of steel use; firm doesn’t expect material EV impact on nickel until 2020.
Mike Beck discusses the electric vehicle market, battery metal company investments, and battery metal supplies in interview with Palisade Radio.
"Hedging by means of long-term (supplier) contracts is  way to control such new issues (of securing materials supplies)," says VW head of sustainability.
Trafigura Group provides $200m in funding to Finland's Terrafame nickel mine, which plans to start producing material for electric vehicle batteries by 2020.
BHP CCO Balhuizen says while 2017 marks "tipping point" for EVs entering mainstream of metals demand forecasting, in terms of sales mass move is further off.
An examination of the lithium market and the one company that Ron Struthers (of Struther's Resource Stock Report) believes is in the right place.
Any cobalt sulphate prices published by CRU would be based on traded prices in China, a cobalt industry source said.
A global energy transition is underway, with lithium-ion as one of the leading energy storage technologies for both handheld technology and electric cars.
As exciting as Tesla's Gigafactory 1 project is, it’s actually just one of multiple large-scale “megafactories” being built – with many of them being in China.
Just two years ago, Galaxy Resources Ltd. was overleveraged and unfocused.
Solar and wind can't produce power when there is no sun or turbulence in the air. That is why energy storage will be vital for offsetting and balancing use of traditional baseload power sources during peak and off-peak periods.