Lithium rush: electric car boom drives race for rare metals

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

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

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 (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

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,

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

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

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

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,

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

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 %,

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

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

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