Remove Low Cost Remove Market Remove Mozambique
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Roskill: graphite prices could push higher on tightening markets for batteries & electrodes

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Consumers have been reluctant to pay the rapidly rising costs and drew down on graphite electrode stockpiles for as long as they could. The tight supply/demand situation for graphite electrodes is expected to persist for much longer than many market observers expect. Batteries underpin growth in natural graphite.

Price 207
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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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Syrah’s Vidalia facility is an integrated milling, purification, coating, and surface treatment operation producing on-specification active anode material (AAM), using natural graphite from Balama graphite operation in Mozambique. Ascend Elements , Apex – Integrated Sustainable Battery Precursor, $316,186,575.

Parts 459
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ExxonMobil evaluating significant near-term capital and operating expense reductions; COVID-19

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ExxonMobil is looking to reduce spending significantly as a result of market conditions caused by the COVID-19 pandemic and commodity price decreases. Woods said that ExxonMobil has faced numerous market downturns throughout its long history and has experience operating in a sustained low-price environment.

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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

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The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials, according to a new study on a unified African supply chain by BloombergNEF (BNEF).

Africa 221