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It’s too late to China-proof the lithium supply chain – ET Auto

Baua Electric

“Parts of our key supply chains, including for clean energy, are currently over-concentrated in China,” US Treasury Secretary Janet Yellen said earlier this month during a visit to Chile, home to the largest lithium reserves. The global lithium industry is so interwoven with Chinese capital now that it’s going to be impossible to unpick.

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Eramine Sudamerica joins Argentine lithium race with Salta plant – ET Auto

Baua Electric

Argentina, located on the so-called “lithium triangle” spanning Bolivia and Chile, is the world’s fourth-largest producer and has been drawing investment from foreign firms as far as Canada and China. Over half the world’s known lithium resources are in South America.

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China’s economic stimulus to spark robust copper consumption in 2024 – ET Auto

Baua Electric

The Chinese government’s potential moves, including lowering the Required Reserve Ratio (RRR) for major banks, could further energize metal demand and support copper prices. The report also highlights that global copper supply may face disruptions due to issues in major producing countries like Chile , Peru, and Panama.

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Another Tesla price cut possible thanks to plummeting lithium prices

Teslarati

Several factors have likely helped push Chinese lithium to its meager price. Foremost, the Chinese government recently ended incentives for electric vehicles, which has slightly slowed their adoption in recent weeks.

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US EV policy to boost free trade agreement nations in battery metal trade – ET Auto

Baua Electric

As the United States intensifies its focus on transitioning to electric vehicles (EVs), nations holding free trade agreements (FTAs) with the US are positioned for a trade boost in the battery metal sector, according to insights from analysts and industry observers at S&P Global Commodity Insights.

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Lithium prices bounce after big plunge, but surpluses loom – ET Auto

Baua Electric

2 producer Chile to nationalise its lithium sector may curb long-term supply growth, but it is not expected to have an immediate impact, analysts said. Chinese state-backed research house Antaike expects lithium carbonate prices to average 220,000 yuan a tonne this year, down 54% from 2022, it said at a conference last week.

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Tesla And Other Tech Giants Scramble For Lithium As Prices Double

Green Car Congress

Chinese billionaire Jia Yueting is stepping onto Tesla’s playing field with its own electric car start-up, Faraday Future , and Apple is planning one too, by 2019. For the electric vehicle industry alone, Goldman Sachs predicts that for every 1 percent rise in EV market share, lithium demand will rise by 70,000 tons per year.

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