Chinese outbound investment in EVs likely set new record in 2023
Chinese outbound foreign direct investment along the electric vehicle value chain likely set a new record in 2023, a report from Rhodium Group showed, as western economies step up scrutiny of China’s production-focused, debt-driven development model.
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Exxon to start lithium production for EVs in the US by 2027
Mining News Pro - Exxon Mobil said on Monday it plans to start producing lithium from subsurface wells by 2027 to provide supplies of the key metal used in electric-car batteries and advanced electronics.
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Lithium producers stay bullish on EVs despite growing headwinds
Mining News Pro - The world’s largest lithium producers say they remain bullish on long-term demand for the battery material in the midst of recent price drops fueled by growing worries that the global pace of electric vehicle adoption is slowing.
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Innovation in EVs seen denting copper demand growth potential
Mining News Pro - New electric vehicles from Tesla and rivals are being engineered for efficiency in a way that cuts copper content, changes that could limit demand growth for the metal as the next-generation of EVs hits the road, industry analysts say.
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Shortage of metals for EVs is rising up the agenda in automakers’ C-suites
Mining News Pro - The merry-go-round of private meetings at an annual mining industry conference at Florida’s Hollywood Beach had a cast of new faces this year: auto sector executives increasingly anxious about surging prices and tighter supply of metals used in electric vehicle batteries.
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Ford’s flurry of supply deals gives iron a starring role in EVs
Mining News Pro - Ford Motor Co.’s new laundry list of battery-metals suppliers reads like a who’s who of the mining world, spanning the globe from Argentine lithium to Indonesian nickel.
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American graphite producer wants to supply 30% of US, UK, European EVs by 2030
Mining News Pro - US-based Urbix, a company that has developed a type of natural anode-grade graphite known as coated spherical purified graphite, announced the opening of an entity in the United Kingdom whose goal will be to supply UK and European-based automakers and battery industries with its products.
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Ukraine invasion sets back Musk’s dream for cheaper EVs, for now
Mining News Pro - Surging raw materials costs, made worse by Russia’s invasion of Ukraine, could set back the dream of Tesla Chief Executive Elon Musk and other auto executives to roll out more affordable electric vehicles.
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Blockchain rare earth scheme to certify sustainable output for EVs
Mining News Pro - An EU-funded certification scheme using blockchain is being developed for rare earths as automakers demand proof that materials used to make magnets for electric vehicles (EVs) are not linked to toxic pollution.
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Add another 1m tonnes to annual copper demand from EVs
Mining News Pro - Light duty electric vehicles with battery packs of up to 100kWh use three to four times the amount of copper of gasoline and diesel-powered equivalents: 80-85kg in the high-voltage batteries and motors of EVs compared to 20-25kg for low voltage wires in internal combustion engined cars.
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Elphinstone turns a new leaf for underground BEVs
Mining News Pro - Elphinstone has begun developing battery electric vehicles (BEV) for underground hard rock mining using internal investment and a Federal Government grant to get started.
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While China will continue to use rare earths in EVs, Europe may be trying different options
Mining News Pro - A new report by IDTechEx anticipates China continuing to use permanent magnet motors in its EVs but Europe making efforts to decrease the utilization of magnetic materials and especially heavy rare-earths.
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EVs have lithium booming and this time, there is no bust in sight
Mining News Pro - Lithium is hot though this time the rally looks to have more staying power.
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Tesla, Re|Source to launch final pilot in DRC to trace cobalt from mine to EVs
Mining News Pro - Re|Source, a solution to trace responsibly produced cobalt from mine to electric vehicle (EV), is moving forward with a pilot project in the Democratic Republic of the Congo (DRC) jointly developed with EV giant Tesla.
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General Motors moves to secure US-sourced lithium for its EVs
Mining News Pro - General Motors has taken steps to secure lithium, a crucial ingredient for electric vehicle (EV) batteries, sourced in the US through a strategic investment and partnership with Australia’s Controlled Thermal Resources (CTR), which is developing a project poised to become the country’s largest by 2024.
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Forrest takes on Musk in hydrogen versus EVs debate
Mining News Pro - Iron ore billionaire Andrew Forrest is taking on Tesla Inc. CEO Elon Musk in his quest to promote green hydrogen as a game changer in the clean-energy transition.
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Trudeau eyes ‘leaps forward’ in integration with US on EVs, critical minerals
Mining News Pro - Canada and the United States can collaborate more closely on manufacturing electric vehicles and on supplying critical minerals needed to make batteries for cars and other clean technologies, Prime Minister Justin Trudeau said on Thursday.
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BHP trials Toyota EVs at Nickel West
Mining News Pro - BHP and Toyota have joined forces to trial light electric vehicles (LEV) at the Nickel West operations in Western Australia.
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The two sides of the US election: Clean Energy and EVs
Mining News Pro - Market analyst Wood Mackenzie published a report laying the cards on the table as to what the future of clean energy and electric vehicles may look like following the November 3 election.
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Germany to become major source of platinum demand for fuel cell EVs
Mining News Pro - As much of Europe prepares for a rapid green energy transition as part of the region`s Covid-19 recovery strategy, Germany, in particular, could be the gamechanger that makes widespread adoption of fuel cell electric vehicles (FCEVs) in Europe a reality, says the World Platinum Investment Council (WPIC).
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EVs are starting to buoy the global metals market
Mining News Pro - The market gloom over the metals that will power the cars of the future is starting to lift.
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VW to start using high-nickel batteries for EVs
Mining News Pro - Volkswagen will raise the amount of nickel used in it electric car battery cells to 80% in the next year from 65% at present, Frank Blome, head of battery cells at the carmaker said on Tuesday.
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Air-metal batteries for EVs get a boost
Mining News Pro - Researchers from Korea’s Ulsan National Institute of Science and Technology and the University of Pennsylvania in the US produced a new catalyst that could boost the performance of metal-air batteries, known as MABs.
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Lithium price: EVs will be $350bn market in just 15 years
Mining News Pro - The global energy storage market is expected to balloon over the next 15 years, according to a report released by Lux Research.
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Lithium price: Europe EVs now use 57% more LCE
Mining News Pro - Electric car pioneer Tesla is already producing units on a trial basis at its giant Shanghai gigafactory despite only breaking ground this year, but thanks to changes to the Chinese EV subsidy program, demand for locally-made Teslas may fall short of expectations.
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