One way to gauge how serious an automaker is about electrification is to consider whether it’s securing supplies of the raw materials that will be required to build large quantities of EVs (as opposed to just issuing press releases about EVs). The US Inflation Reduction Act, which includes strong incentives to use raw materials sourced… Read more »
Search Results Found For: "Albemarle"
Has CATL launched a lithium price war? (Let’s hope so!)
A few days ago, share prices of lithium miners including Albemarle, SQM, Livent, Piedmont Lithium and Lithium Americas ,plunged, losing as much as 9% on a day when the S&P 500 dropped only a fraction of a point. There had been no major moves on the commodities market, and investors not privy to inside information… Read more »
6K secures $102 million in Series D funding to accelerate battery material production and recycling
6K, a producer of engineered materials for lithium-ion batteries, has raised $102 million in the first of two Series D funding tranches. The round was led by Koch Strategic Platforms, an investment arm of fossil fuel giant Koch Industries, with participation by investors Energy Impact Partners, Albemarle, HG Ventures and others. 6K will use the… Read more »
Roskill report shows concern over water consumption in lithium brine production
Roskill’s Lithium, Outlook to 2031, 18th Edition report examines the environmental, social and governance (ESG) concerns surrounding current lithium production. One environmental concern of the downstream sector is water consumption at lithium brine facilities, which operate in some of the driest areas on the planet. These operations take large volumes of water and brine for… Read more »
Nevada: There’s lithium in them thar hills!
Scare stories about a looming lithium shortage are just that. As informed observers keep pointing out, lithium is not a consumable fuel, it’s easily recycled, and batteries don’t really use all that much of it. Be that as it may, there is a scramble going on to secure supplies of the light white stuff, especially… Read more »
Lithium X acquires potential lithium lode in Nevada
The business of prospecting for lithium is still tiny compared to the worldwide oil exploration industry, but some companies are already buying up tracts of land that may contain motherlodes of the light white stuff. The lithium exploration and development company Lithium X Energy has announced its acquisition of the CVL Lithium Property in Nevada’s… Read more »