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Huge Lithium Deposit in Found in Iran

The Iranian authorities say they found the world’s second-largest deposit of lithium in the mountainous province of Hamedan. At an estimated 8.5 million tons, the Hamedan lithium haul would be second only to Chile’s estimated 9.2 million ton deposit. It could ...

Why Battery Decoupling Projections Could Be Way Off

The United States and Europe could free themselves from their dependence on China for electric vehicle batteries by 2030, if they invest about $160 billion.  This is the key finding of a new Goldman Sach forecast, which extrapolated the long-term effects ...

The Cost to Build An EV Battery is Going Up… A Lot

This chart explains in part why Chinese battery giants are moving as fast as possible to lock up supplies of the key ingredients needed to manufacture lithium-ion batteries used to power electric vehicles. With the cost of certain materials, particularly lithium ...

U.S. Plans to Bypass China’s Cobalt Dominance with Arizona Plant

The Singapore-based commodities trader Trafigura announced it will partner with the U.S. battery metals processing firm EVelution to build a battery-grade cobalt sulfate processing facility in Arizona.  The facility is projected to produce 7,000 tons of ...

There’s New Impetus in the U.S. To Get China Out of the Electric Vehicle Battery Supply Chain. It Won’t Be Easy.

The electric vehicle battery start-up SPARKZ announced this week that it will build a new 4.5-hectare factory in the rural U.S. state of West Virginia. The new facility will employ 350 workers, mostly former coal miners, in what will become a critical test for Washington's desire ...

Analysis from Cobus van Staden

Xi Bets on Global South in Moscow

Today is a public holiday in South Africa – Human Rights Day. There’s a certain irony in spending the day focusing on China’s President Xi Jinping’s visit to Vladimir Putin, knee-deep in a human rights disaster.
What one makes of the Ukraine crisis increasingly maps on where one lives. This is made clear by a remarkable new set of polling data recently published by the European Council on Foreign Relations ...

Trend Watch: Chinese Companies Moving Fast to Develop New EV Batteries

China's largest battery makers are moving quickly to introduce a new generation of power packs for electric vehicles that, in some cases, don't use controversial metals like cobalt. There are two main players to watch in this new battery tech race: ...