SQM talks down lithium oversupply, says market to grow 80% a year

Having trouble viewing this email?  View online Lithium & Rare Earth News Digest Wednesday 21 March 2018 Home    Coal    Copper    Iron Ore    Nickel    Rare Earth    Oil Sands    Uranium    Zinc SQM talks down lithium oversupply, says market to grow 80% a year According to chief executive officer Patricio de Solminihac, the world will need at least 50,000 tonnes of lithium a year until 2023. read » Electric car dreams may be dashed by 2050 on lack of cobalt, lithium supplies German researchers say cobalt-free battery technologies — including post-lithium technologies based on non-critical elements — are the best way to avoid supply issues in the long term. read » Canada's First Cobalt buys US explorer, creates key supplier outside Congo The blended company will have projects in Ontario and Idaho which, once in operations, could be major cobalt suppliers for EVs makers and high tech firms. read » Scientists closer to producing safer and longer-lasting lithium battery Using a 3-D layer of polydimethylsiloxane (PDMS), or silicone, reduces dendrite growth, which makes batteries safer and longer-lasting. read » Rush for cobalt, lithium as prices stay on the boil Electric vehicle boom sees number of companies exploring for lithium and cobalt tripling to 188 as budgets balloon according to new report. read » Chile to attract $65 billion in mining investments by 2038 — minister According to minister Aurora Williams, miners with operations in the country currently spend $20 billion on support services a year and figure is set to increase. read » South Korea's POSCO buys stake in Aussie lithium producer, signs supply deal South Korea's largest steel producer has acquired 4.8% stake in Pilbara Minerals, from which it will buy up to 240,000 tonnes of lithium concentrate per year. read » Canada the world's overall top mining destination, despite Saskatchewan fall That's considering the combined rankings of all its provinces and territories, but Finland is the most attractive jurisdiction this year. read » Apple in talks to buy cobalt directly from miners — report Electronics and car makers are racing to lock in supply agreements for cobalt amid fears of shortage. read » Battery makers descend on Australia, Canada cobalt developers Nervous Asian battery makers are turning to early-stage cobalt projects in Australia and Canada to lock in supplies of the critical battery ingredient ahead of expected shortages as demand for electric vehicles revs up. read » Zimbabwe has potential to meet 20% of global lithium demand Zimbabwe is keen to attract investment after Mugabe era and is already Africa's top lithium producer. read » The EV future is here and already boosting earnings for miners "Look at what's required over the next 50 years, 60 years, and known lithium on the planet, I don't think it's as much as everyone understands it to be." read » Chile attempts to block China from prize lithium asset Chile development agency Corfo has asked antitrust regulators to block the sale of a 32 percent stake in Chilean lithium company SQM to a Chinese firm on the grounds it would give it an unfair advantage in the global race to secure resources to develop electric vehicles. read » Read more Lithium & Rare Earth news on MINING.com » Home    Coal    Copper    Iron Ore    Nickel    Rare Earth    Oil Sands    Uranium    Zinc About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. Suite 900, 580 Hornby Street, Vancouver, BC, Canada V6C 3B6 | +1 604 683 2037 |[email protected].Please visit cem.infomine.com for more information. Copyright InfoMine. You are receiving this email because the email address fernandoqueens@gmail.com was subscribed to the MINING.com email list "MINING.com Lithium and Rare Earth News Digest". You mayunsubscribe at any time. The information contained in “Lithium & Rare Earth News Digest” is collected from a variety of sources on a “best intentions”basis. InfoMine Inc. makes no representation or offers no warranty with respect to the adequacy of the information for any particular purpose.Any information presented in “Lithium & Rare Earth News Digest” is not a solicitation to purchase or acquire any securities.Use of this service is an acceptance of this disclaimer. Visit our web site to read ourcomplete disclaimer.