Electric vehicles to grow battery market tenfold by 2025, UBS says

The global market for electric vehicle batteries in 2025 could be 10 times bigger than in 2018, according to a report by Swiss investment bank UBS published last week.

This should help to increase lithium demand by as much as four times, to drive a 41% increase in nickel consumption, and to more than double the use of cobalt over the same period, the report added.

These three metals are the ones which are most commonly used in battery production. The expected growth in demand for this particular use has prompted some price estimates to rise significantly in the past few years, although the prices for all three metals have actually come down this year.

European Metals Holdings Limited (LON:EMH) are an Australian and UK listed mineral exploration and development company advancing the Cinovec Lithium / Tin Project in Czech Republic.12

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European Metals soars as Czech lithium project labelled “strategic”

31st January 2023

Shares in European Metals Holdings (ASX/LON:EMH) jumped on Monday in both Sydney and London after it said its Cinovec lithium project had been classified as strategic for the Czech Republic’s Usti region. The nomination means the project will

Cadence Minerals investee European Metals announces strong results from Locked-Cycle Test

20th May 2021

Cadence Minerals plc (LON:KDNC) has noted that European Metals Holdings Limited (LON:EMH) has announced results of locked-cycle testwork, a metallurgical processing assessment conducted on ore concentrate extracted from the Company’s flagship Cinovec lithium project. Highlights: · Successful

MD Q&A with Keith Coughlan at European Metals Holdings Ltd (LON:EMH)

5th April 2019

European Metals’ Keith Coughlan discusses the production of battery grade lithium hydroxide samples in this exclusive interview with DirectorsTalk

INTERVIEW: European Metals Holdings Limited Battery Grade Lithium Hydroxide an Important Step

3rd April 2019

European Metals Holdings Limited (LON: EMH) Managing Director Keith Coughlan talks to DirectorsTalk about the importance of of producing produce battery grade lithium hydroxide. Keith also explains whether this means production of both lithium carbonate and hydroxide from

Lithium rush: electric car boom drives race for rare metals

8th February 2019

More than 11,000 feet up in the Andes mountains of southwest Bolivia lies Salar de Uyuni, a remote salt flat that is home to some of the world’s largest reserves of lithium. Largely untapped, the seemingly

European Metals Holdings Limited Encouraged by the higher than expected tin grades

28th January 2019

European Metals Managing Director Keith Coughlan commented “We are very pleased to present these results. The current drill programme has been planned to define blocks of resource for the first 2 years of mining within the

Lithium-ion batteries rising as new pillar of Korea’s exports

21st January 2019

Amid concerns about an anticipated slowdown in South Korea’s semiconductor exports this year, lithium-ion batteries for electric vehicles are emerging as a new pillar that will prop up the export-driven economy, said industry officials Monday. According

Global lithium-ion battery market expected to exceed $60B by 2024: report

18th January 2019

Li-ion has been taking off due to the ease of availability, high energy density of the batteries and their longer discharge cycles, according to the Global Market Insights report. Beyond electric vehicles and energy storage, the

European Metals Holdings Limited Receipt of Unsolicited Indicative Offer – Cinovec

16th January 2019

European Metals Holdings Limited (LON:EMH) confirms that it received on 15 January 2019 a letter from Krupa Global Investments (KGI) purporting to make an indicative offer on behalf of the Ceske Litihium company (a member of

Lithium-ion battery usage on the rise

14th January 2019

The demand for lithium-ion batteries continues to increase, driven by the growth in hybrid and electric vehicle (xEV) production and the use of lithium-ion batteries in energy storage systems (ESS), according to a report by metals,

Grab says ‘right time’ to introduce electric vehicles, set to roll out 200 Hyundai Konas

10th January 2019

Ride-hailing firm Grab is set to roll out 200 electric vehicles (EVs) into Singapore’s streets progressively from Friday (Jan 11). Having purchased 200 Hyundai Kona 64 kWH electric cars, Grab will release an initial batch of 20

Premier Inn unveils UK’s first battery powered hotel

7th January 2019

The UK’s first battery-powered hotel is now operational in Scotland. The Gyle Premier Inn in Edinburgh is trialling a new 100kW lithium-ion battery supplied and installed by E.ON at its 200-room site in a bid to

Electric vehicle manufacturing in China drives metal demand

31st December 2018

As the world’s largest country by population and second-largest economy, China is embarking on a dedicated effort to become a leader in the emerging electric vehicle market. Hundreds of manufacturing firms in China seek to take

Big on batteries: government finally seizes on lithium-ion potential

17th December 2018

The federal government wants to seize a “once-in-a-generation opportunity” to position Australia as a world leader in the rapidly developing lithium-ion battery manufacturing sector. Releasing a new strategy document from Austrade on Tuesday, the investment minister,

What really powers your smartphone and electric car

10th December 2018

The rechargeable lithium-ion battery helps define our era. It powers our smartphones and electric cars, and promises a future where we’re better able to store renewable energy. It also requires lithium and cobalt, minerals that some of the

Companies line up plans for lithium-ion batteries production

6th December 2018

Over a dozen companies ranging from auto component manufacturers to power and energy solutions providers including ExideNSE -0.97 %, Exicom, Amaron, Greenfuel Energy Solutions, Trontek, Coslight India, Napino Auto & Electronics, Amara Raja BatteriesNSE -0.84 %,

China: EVs to boost lithium-ion battery market

4th December 2018

It is anticipated that the Chinese lithium-ion battery market size will increase at a positive double digit CAGR during the period 2017-2022. The demand for lithium-ion batteries in China is expected to grow at a rapid

Audi just unveiled its challenge to the Tesla Model S

30th November 2018

German auto manufacturer Audi has given car fans a preview of what its first production electric sedan could look like. The e-tron GT, a concept car, was unveiled at the LA Auto Show in California on

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