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Battery-grade lithium carbonate forecast to trade at $74K/tonne in 12 months

Green Car Congress

Trading Economics global macro models and analysts expectations forecast battery-grade lithium carbonate to trade at 504,813 CNY (US$74,000) per tonne in 12 months time. The only lithium production in the United States currently is from one brine operation in Nevada. Lithium is expected to trade at 484,185.00 Source: Trading Economics.

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Lithium-ion battery recycler ABTC expands operations and capacity with newly purchased facility

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The demand for domestically produced and sustainably sourced battery metals has grown at a near insatiable rate over recent years, as the domestic manufacturing capacity of lithium-ion batteries has grown exponentially from less than 50 GWh/year to now more than 700 GWh/year of operational and announced capacity.

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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

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billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. billion will go to 11 projects in the materials separation and processing segment of the supply chain. Earlier post.) Of that, $1.6

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Nevada Governor signs multi-state medium- and heavy-duty ZEV MOU to accelerate transportation electrification in state

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Nevada Governor Steve Sisolak signed a memorandum of understanding (MOU) committing Nevada to work collaboratively to advance and accelerate the market for electric medium- and heavy-duty vehicles, including large pickup trucks and vans, delivery trucks, box trucks, school and transit buses, and long-haul delivery trucks (big-rigs).

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American Battery Technology expands R&D center at the University of Nevada, Reno

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The labs are currently housed at the Nevada Center for Applied Research (NCAR) located at the University of Nevada Reno (UNR). The company’s in-house developed systems have the ability to recover and purify battery metals to the quality standards required to sell them directly back into the domestic battery manufacturing supply chain.

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Volkswagen Group of America and Redwood Materials to create US supply chain for EV battery recycling

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Redwood) will collaborate to create a supply chain to recycle Volkswagen and Audi electric vehicle batteries in the United States, with the goal of providing accessible and more sustainable electric mobility for American drivers. Key to the collaboration is a holistic approach to the battery lifecycle.

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Tesla's Nevada Gigafactory expansion: Batteries for 1.5M EVs annually

Green Car Reports

billion expansion of its Nevada battery "Gigafactory" that the company claims will supply over one million EVs annually. The investment will add 3,000 new jobs and two new factories at the Sparks, Nevada, site, Tesla said in what reads as a press release—with a few more details confirmed as part of Tesla's.

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