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Bolivia and ACISA found joint venture to extract and industrialize lithium from residual brine; €300M investment

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As part of this joint venture, lithium hydroxide is to be extracted from residual brine from existing evaporation basins, which were constructed for the production of potassium chloride and lithium carbonate. There is a plan to establish a further joint venture to manufacture cathode material and battery systems in Bolivia and Germany.

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Tesla And Other Tech Giants Scramble For Lithium As Prices Double

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Driven by the rise of battery gigafactories and game-changing Powerwall and energy storage businesses, the world now finds itself at the beginning of a lithium super cycle that is all about securing new supply, much of which is poised to come from lithium superstar Argentina. Remember—this is one man, one company.

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Electric Cars and a Smarter Grid - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

And in a true smart grid, electric cars will not only be able to draw on electricity to run their motors, they will also be able to do the reverse: send electricity stored in their batteries back into the grid when it is needed. We will own the battery. We will always own the batteries,&# said Mr. Thesen.

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China’s battery supply chain tops BNEF ranking for third consecutive time; Canada close 2nd, US drops to 3rd

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China continues to dominate BloombergNEF’s (BNEF) global lithium-ion battery supply chain ranking, for the third time in a row, for both 2022 and its projection for 2027, due to continued support for the electric vehicle demand and raw materials investments. —Allan Ray Restauro, metals and mining analyst at BNEF and lead author.

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