TES, a provider of sustainable technology lifecycle services, has taken over a recycling facility at the Port Of Rotterdam, Europe’s largest seaport, from Battery Recycling Services Netherlands. TES plans to focus the facility on the recycling of lithium-ion batteries. TES already operates similar facilities in Grenoble, France and in Singapore. The facility currently covers 10,000… Read more »
Search Results Found For: "SQM "
Chinese and Chilean lithium giants make $4-billion stock purchase deal
China-based Tianqi Lithium has purchased a substantial number of shares in Sociedad Química y Minera de Chile (SQM), which claims to be the world’s largest lithium producer, in a deal worth approximately $4.07 billion. Chinese companies have been on a lithium buying spree recently, as prices of the “white gold” steadily climb. Tianqi and SQM… Read more »
Chinese companies increasing their pursuit of lithium resources
A recent report from metals and minerals research firm Roskill details how China is quickly working to increase its control of the lithium supply chain to support the rapid growth of its lithium-ion battery industry. The report provides examples of several major players who have recently announced or completed acquisitions. CATL, one of China’s largest… Read more »
California’s big three utilities submit proposals to increase access to EV infrastructure
January 20 was an important day for transportation electrification in California. That was the deadline for the state’s three major investor-owned utilities (IOUs) to submit applications for major upgrades to electric transportation infrastructure. California’s Senate Bill 350 (2015) requires the IOUs to establish programs that will increase “access to the use of electricity as a… Read more »
Companies scramble to secure lithium supplies as “white petroleum” prices soar
The hottest commodity on the planet right now is not oil or coffee but lithium, according to a recent article on OilPrice.com. The ballooning battery market is expected to drive demand for the light white metal, and mining companies, battery producers and automakers are scrambling to secure supplies. Goldman Sachs predicts that for every 1%… Read more »
Automakers say they plan to go head-to-head with Tesla
Lately it seems that almost every EV-related headline has to include a reference to Tesla, however tenuous. However, there may be some substance to this week’s news, as four major automakers have at least hinted at plans to directly challenge Tesla with new high-end EV models. In a recent conference call with Wall Street analysts,… Read more »