How Congo could become low-cost, low-emissions producer of battery materials – report – by Staff (Mining.com – November 25, 2021)

https://www.mining.com/

In a report launched at the DRC-Africa Business Forum 2021 taking place this week in Kinshasa, BloombergNEF (BNEF) states that the Democratic Republic of the Congo (DRC) could leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials.

The research paper estimates that it would cost $39 million to build a 10,000 metric-tonne cathode precursor plant in the DRC. This is three times cheaper than what a similar plant in the US would cost, whereas if it were to be built in China or Poland, it would cost $112 million and $65 million, respectively.

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Chinese Miners in Talks to Access Vast Afghan Lithium Reserves – by Eltaf Najafizada (Yahoo Finance/Bloomberg – November 24, 2021)

https://finance.yahoo.com/

(Bloomberg) — Chinese firms are showing interest in exploiting Afghanistan’s vast untapped mineral resources as Beijing seeks a role in reconstructing the nation’s war-ravaged economy.

Afghanistan is sitting on deposits estimated to be worth $1 trillion or more, including what may be the world’s largest lithium reserves, a vital component for the energy-storage batteries that are driving the world’s transition away from fossil fuels.

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Northern Ontario plays integral part in auto supply chain – Fedeli – by Jennifer Hamilton-McCharles (North Bay Nugget – November 19, 2021)

https://www.nugget.ca/

Northern Ontario has become an integral part of the auto supply chain, says Nipissing MPP Vic Fedeli. The industry, mostly centralized in southern Ontario, is moving north thanks to the increase in production of electric cars.

The provincial government released the next phase of its auto strategy Wednesday that is expected to secure production mandates for hybrid and electric vehicles, to create a domestic battery ecosystem, and position Ontario as a North American automotive innovation hub.

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Profiling the Greenbushes lithium mine in Western Australia – by Andrew Fawthrop (NS Energy Business.com – April 17, 2021)

NS Energy

Western Australia’s vast Greenbushes lithium mine is the world’s largest operation to extract hard rock deposits of the mineral critical to the energy transition

At the southern tip of Western Australia, around 250 kilometres south of Perth, lies the Greenbushes lithium mine – the world’s largest project to extract the increasingly critical mineral driving the clean energy transition.

The operation, which claims its name from a nearby town, is owned by Talison Lithium, a joint venture between China’s Tianqi Lithium and US chemicals firm Albemarle – although recent reports have emerged that the Chinese producer is seeking to offload some of its 51% stake in the project amid financial difficulties.

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Lithium Shortage May Stall Electric Car Revolution And Embed China’s Lead: Report – by Neil Winton (Forbes Magazine – November 14, 2021)

https://www.forbes.com/

The electric car revolution will stall in the West if supplies of crucial battery elements like lithium fail to keep up with the forecast huge increase in demand.

This will drive battery prices higher, decimate profit margins, and the coveted $100 per kWh battery, which would have signaled the arrival of affordable green vehicles, will remain on the launch pad.

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Minister celebrates ‘beautiful irony’ of lithium brine in Sask. – by Arthur White-Crummey (Regina Leader Post – November 9, 2021)

https://leaderpost.com/

Saskatchewan’s energy minister celebrated the first targeted lithium well drilled in Saskatchewan at a Tuesday event where she said the element is “having a moment” that can help the province diversify its mineral sector.

“I just held a jar of the first lithium carbonate produced here in the province of Saskatchewan out of 400-million-year-old lithium brine water,” Energy and Resources Minister Bronwyn Eyre told media gathered at a Prairie Lithium facility in Emerald Park, just east of Regina.

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Chinese investors jostle over Argentine lithium mines (Nikkei Asia – October 13, 2021)

https://asia.nikkei.com/

TOKYO — Chinese companies have splurged over $1 billion on rights over three lithium mines in Argentina in as many weeks as a race to secure supplies of the “white gold” critical to most production of electric car batteries revs up.

Argentina, which has lagged Chile and Australia in lithium output, has been reforming laws, reducing taxes and improving infrastructure with an eye toward boosting export revenues.

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Sudbury’s Frontier Lithium aims to develop critical electric car battery resource – by Jonathan Migneault (CBC News Sudbury – November 9, 2021)

https://www.cbc.ca/news/canada/sudbury/

A Sudbury-based company has big plans to mine and process a mineral that is a critical part of batteries in electric vehicles and portable electronics. Frontier Lithium is exploring two lithium deposits in northwestern Ontario that have enough resources to build almost 500,000 batteries per year for electric vehicles.

“Many reference lithium ion as the gasoline of the future,” said Trevor Walker, the company’s president and CEO. “So the sky’s the limit. This is really an interesting time because as we’ve got decarbonization efforts taking place around the world, coupled with sensitive supply chains that’s been highlighted as a result of the pandemic, it’s a really interesting opportunity in front of us.”

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Batteries and the new “lithium gold-rush” (CBC News – November 7, 2021)

https://www.cbsnews.com/

In the mountains of northern Nevada, the fuel of the future lies in the shadow of the past. Sixteen million years ago, the area now called Thacker Pass was the site of a giant volcanic eruption … and volcanologist Tom Benson has been searching the world for places just like it. He says an eruption here millions of years ago left behind the key to unlock the electric vehicle revolution.

It’s called lithium, the lightest solid element on that chart most of us only periodically remember from high school chemistry. Rechargeable lithium ion batteries are what power our cell phones, computers, even toothbrushes, and are now the fuel for all those electric vehicles starting to roll off the assembly line.

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Company behind lithium bid applauds Alberta’s move towards developing rare earth metals – by Dylan Short (Calgary Herald – November 6, 2021)

https://calgaryherald.com/

A company in line to become Alberta’s first major lithium developer says the province’s latest move to regulate mineral and rare earth mining is good news for investors as they eye major productions in the field in the coming years.

Energy Minister Sonya Savage tabled a bill in the legislature on Thursday that, if passed, would move the regulation of all mineral and rare earth mining and development under the Alberta Energy Regulator (AER) from start to finish.

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Major media predictions for Lithium ion battery cell production fail to add up. – by Jack Lifton (Investor Intel – October 27, 2021)

https://investorintel.com/

Notwithstanding the actions and beliefs of current Western politicians and their economist “advisors,” I firmly believe that there is no such thing as the free lunch that masquerades as modern monetary theory.

Believing that they can create by fiat whatever capital they need, politicians, worldwide, are encouraging a monstrous use (waste) of real world capital, without creating wealth to balance it, to meet clearly impossible goals related to what is commonly called stopping “climate change.”

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EVs have lithium booming — and this time, there is no bust in sight – by Yvonne Yue Li and James Attwood (Bloomberg News – October 27, 2021)

https://www.bnnbloomberg.ca/

Lithium is hot—again—though this time the rally looks to have more staying power. The market has exploded, with a benchmark index more than doubling in 2021 and key prices in China hitting records.

Driving the frenzy is the silvery metal’s allure as a commodity of the future: It’s one of the key components for the rechargeable batteries used to power electric vehicles.

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A $1.5 billion lithium deposit was discovered near Newry; excavating it poses a challenge – by Kate Cough (Sun Journal/Maine Monitor – October 25, 2021)

https://www.sunjournal.com/

NEWRY — The richest known hard rock lithium deposit in the world lies a few miles northeast of the ski slopes of Sunday River and not far from Step Falls, where swimmers can wade in shallow pools formed by hundreds of feet of cascading granite ledge.

Smaller deposits have been known in Maine for decades, but this recent discovery, just north of Plumbago Mountain in Newry, is the first to have a major resource potential.

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An in-depth look at lithium – by Ron Hall (Resource World – October 22, 2021)

https://resourceworld.com/

According to the latest report (August 2021) from Roskill, the leading consultancy in critical metals supply chain intelligence, the outlook for the lithium market is dominated by rapid and sustained demand growth, driven by the use of lithium-ion (Li-ion) batteries in automotive and energy storage applications (ESS).

Furthermore, Roskill expect that fundamental changes in operation size and the range of lithium production sources will be needed to meet forecast demand growth and avoid a growing supply deficit and for this to succeed, producers will require adequate lithium compound prices to attract investment and incentivise the develop of lithium resources, a factor which is expected to see lithium prices well supported over the period to 2031.

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Canada could see its first lithium-ion battery cell factory open soon — on the back of the humble forklift – by Gabriel Friedman (Financial Post – October 20, 2021)

https://financialpost.com/

The forklift, that vehicle with a pronged device in front for lifting heavy loads that’s found mostly in dingy warehouses and out-of-the-way loading docks, rarely enters the conversation about how Canada can grab a coveted piece of the rapidly growing battery-powered electric vehicle market.

Yet earlier this month, Mississauga-based Stromcore Energy Inc., which assembles lithium-ion batteries for forklifts at a modest plant in Ontario, announced preliminary plans to build what could be, if successful, Canada’s first large scale lithium-ion battery cell factory.

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