Cobalt, nickel price: Rapid LFP uptake dents EV bull case
Global per-vehicle use of nickel and cobalt has fallen by a fifth over the past year – in China, it’s down by more than 40%.
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Global per-vehicle use of nickel and cobalt has fallen by a fifth over the past year – in China, it’s down by more than 40%.
Article content In one of his first acts after taking office earlier this year, U.S. President Joe Biden ordered a review of the rare earth supply chain, a group of 17 elements that are increasingly important to modern technology. Used in electric vehicles, solar panels, wind turbines, military defence programs such as missile guidance systems, headphones, motors and many other advanced technologies, nearly all politicians have come round to the idea that they’re critical to the future economy and security. We apologize, but this video has failed to load. Try refreshing your browser, or Wh...
Namibia Critical Metals Inc.: Mineral Resource Update: More than 650 Percent Increase in Measured and Indicated TREO Mineral Resources for the Lofdal Heavy Rare Earths Project Cut-off TREO % Cut-off TREO % Mineral Resources, which are not Mineral Reserves, have no demonstrated economic viability. *TREO = Total Rare Earth Oxides and includes Y2O3 **HREO = Total Heavy Rare Earth Oxides and includes Y2O3 ***LREO = Total Light Rare Earth Oxides Table 6: Area 2B Grade and Tonnages in Inferred category Cut-off TREO % 0.5 Table 7: Area 4 Mineral Resources estimate by individual REO - Grades at a cut...
EV Metal Index jumps 85% in a month despite nickel, cobalt price drop Cheap and cheerful Wuling Hong Guang Mini EV Macaron. Image: General Motors MINING.COM’s EV Metal Index set a new record in March with a surge in overall deployment more than offsetting a pullback in the price of cobalt and nickel used in the battery supply chain. The EV Metal Index, which tracks the value of battery metals in newly registered passenger EVs (including hybrids) around the world, climbed to $554 million during the month, an increase of 84.7% over February, and bringing the first quarter total to $1.14 bi...
Biden climate push positions Tennessee for electric car boom, but hurdles must be worked out President Biden's $200 billion EV initiative aims to spur a green car boom. But first, rare minerals must be found and mined, electric power plants and battery producers vastly scaled up, recharging networks built. Memphis Commercial Appeal The White House’s new American Jobs Plan proposes spending more than $200 billion in support of electric vehicles powered entirely by batteries recharged from the nation’s electric grid. But the green car ambitions face a stubborn fact — the country isn’t...