martes, 18 de julio de 2017

CHARTS: Lithium-rich countries risk missing the boat on electric batteries boom

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Lithium & Rare Earth News Digest
Wednesday 19 July 2017
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The need for the metal is expected to triple by 2025, but no all the countries rich in lithium are taking advantage of that trend, as shown in these graphics.

The bill, approved by a vast majority, defines the conditions companies must fulfill to get a licence for launching a space mining mission.

Study shows Q2 2017 new private capital for natural resources investment dropped to lowest since 2011 and not a single mining fund were able to raise money.

The mega-project will be built in conjunction with French renewable energy firm Neoen and paired with Neoen's existing Hornsdale Wind Farm north of Adelaide.

The company, which has been present in the south-eastern African country for more than a decade, says that by 2021 will be producing 3,000 tonnes of rare earths per year.

Big winners will be aluminum, copper, lead, lithium, manganese, nickel, silver, steel, and zinc and rare earth minerals such as indium, molybdenum, and neodymium.

Chief Executive Elon Musk said firm is on track to produce 20,000 per month by December.

Govt investing in lithium mine for first time

Russia's mining giant Norilsk Nickel (Nornickel) said on Tuesday it was in talks with German chemicals firm BASF to supply raw materials needed in the process for making lithium-ion batteries in Europe in the future.

Expansion opportunity comparisons for Africa have been likened to the growth stories of China or India at the infancy of their economic transformations

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