lithium
C’était en 2021 à Belgrade. Des manifestants avaient envahi cette autoroute pour protester contre un projet minier. La mobilisation avait poussé le gouvernement serbe à annoncer officiellement la fin du projet en 2022. Mais voilà, deux ans plus tard, ce projet controversé est de nouveau sur la table, d’après le président serbe. La mine de lithium sera exploitée par le géant minier Rio Tinto, qui face à la controverse, défend ce projet avec précaution. "La publication de ces plans ne signifie pas que la mise en œuvre du projet se poursuit. S'il se concrétise, les études seront soumises à la pro...
Euronews (French)
The Serbian government is about to greenlight the project that would establish Europe's largest lithium mine, according to an interview of Serbia's President Aleksandar Vucic to the Financial Times. In 2022, following massive protests, the Serbian government stopped the Jadar project. The announcement was made after the Serbian Academy of Science and Arts announced the implementation of the Jadar project would have devastating effects on the environment. "The implementation of the Jadar project would lead to massive devastation of space, permanent changes in the character of the landscape, deg...
Euronews (English)
Lithium batteries have revolutionised electric vehicles (EVs) over the past few years. They are also used in other products, including cellphones, vaping devices, solar power backup storage, electric toothbrushes, tools and laptops. On average, an electric vehicle battery uses about 8kgs of lithium, but some can use far more. Some of Tesla's batteries, for example, use about 62.6kgs of lithium. Lithium batteries can be expensive and difficult to extract, requiring a huge amount of water and heavy-metal intensive technology to produce. Lithium extraction also causes mineral waste, as well as so...
Euronews (English)
An official trade partnership to source critical raw materials from Serbia is looming with negotiations at the final stages of legal wrangling, Commissioner Maroš Šefčovič told Euronews during a high-level event in Brussels. The trade deal between the EU and Serbia has been cooking for a while with the signing of a letter of intent last September — to strengthen and expand cooperation on critical raw materials and electric vehicles value chains — a clear signal that the EU executive and Belgrade were keen to join forces, provided that environmental and social acceptance challenges around the p...
Euronews (English)
Albemarle Corporation (NYSE: ALB)’s recent journey on the stock market mirrors the rollercoaster ride of the lithium industry. From commanding over $300 a share to plummeting to around $110 between November 2022 and April 2024, the company’s fortunes have been tied to the volatile lithium prices, which nosedived from over $80/kg to under $20/kg. In the first quarter of 2024, Albemarle faced a tough quarter financially. Despite beating EPS expectations by $0.03, its revenue plummeted by a staggering 47.26% year-over-year, missing estimates by nearly $2 million. This stark decline was primarily ...
Invezz
The Critical Raw Materials Act (CRMA), recently adopted by the EU Council, paves the way for the European industry to deliver 10% of extraction, 40% of refining and 15% of recycling of key minerals by 2030. The new law identifies two lists of materials — 34 critical and 17 strategic — that are crucial for the green transition. Lithium is one of a small group of highly significant critical raw materials. Why Lithium?Lithium has been classified as a key component in the EU’s quest to ditch fossil fuels and switch to clean energy as the mineral is set to see increased demand for the massive produ...
Euronews (English)
US private equity giant Blackstone has recently announced that it has bought some property in Cambois, Northumberland, which investors had once expected would be used to build Britain’s first electric vehicle (EV) battery gigafactory. Britishvolt, a UK lithium-ion battery manufacturing start-up, backed by mining heavyweight Glencore, was supposed to take over this particular piece of land, in order to build a £3.8 billion (€4.45 billion) gigafactory. However, in January 2023, before the company could fulfil these ambitious plans, it went into administration. This led to over 200 employees bein...
Euronews (English)
Die Wirtschaftsprüfungsgesellschaft Deloitte warnt vor einer steigenden Abhängigkeit der deutschen Wirtschaft von Rohstoff- und Halbleiterimporten. In den vergangenen zehn Jahren sei der Anteil der Einfuhren vor allem aus Asien rasant gewachsen, heißt es in einer Studie des Beratungsunternehmens. Fast ein Viertel aller Halbleiter komme allein aus Taiwan, das Ende März von einem schweren Erdbeben getroffen wurde. Bei Batterien für E-Autos dominierten Importe aus China. Auch beim Batterie-Rohstoff Lithium sei die Volksrepublik der zweitwichtigste Lieferant nach Chile. «Es ist höchste Zeit, hier ...
DPA (German)
By Hera Rizwan The Geological Survey of India, which also evaluates India's mineral resources, discovered 5.9 million tonnes of lithium resources - a first for the nation - in the Salal-Haimana region of Jammu and Kashmir's Reasi district, according to areport released on February 9 by the Indian Ministry of Mines. Since then, the discovery has been hailed as a game-changer for India's green economy, but is it too soon to declare that it actually is one? Why is the discovery important for India?In today's world, lithium is one of the most crucial metals. Among other things, it's used to constr...
BOOM Live
New York (AFP) - US electric car maker Tesla is studying the possibility of building a lithium refinery in Texas and is seeking tax breaks from the state to complete the project, according to documents made public Friday. While the project is only in the feasibility stage, Tesla said the factory on the Gulf coast would be the first of its kind in North America, producing an element critical to the batteries used in the growing EV market. In an application sent to the Texas Comptroller at the end of August and made public on Friday, Tesla said the plant "will process raw ore material into a u...
AFP
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