Argentina Lithium & Energy Corp.’s Post

Metals and Mining Insights 📢: LITHIUM ROUNDUP: US plans efforts to boost domestic #battery supply chain "The US Department of Energy recently made a conditional commitment to provide a $1.2 billion loan to ENTEK Lithium Separators to build of a new lithium-ion battery separators manufacturing facility in Indiana." Key Takeaways 🔋 ▪ DOE to invest in facility ▪ Reports reflect #EV demand ▪ #Lithium prices continue to fall Read the full article 📰 : https://bit.ly/3Wvfgs9 ✨ Want more? Discover real-time price data on battery metals and stay ahead with the latest insights by exploring Markets on LIVE. https://bit.ly/3WRwnVQ

Do you think the market can survive this oversupply of lithium? Recently, a senior U.S. official stated that Chinese lithium producers are flooding the global market and causing a "predatory" price drop as they seek to eliminate competing projects. Prices of lithium have fallen more than 80 percent in the past year largely due to overproduction from China and a drop in demand for electric vehicles, which have forced many global lithium producers to scale back production and cut jobs. Read more online: https://bit.ly/3A19Nku #Mining #Engineering #China #LithiumSupply #Lithium #CriticalMinerals #BatteryMetals #EnergyTransition

Lithium: are lithium mining companies undervalued? Whilst the prices of the lithium have fallen in 2023, investors are wondering if the outlook for this mineral has changed as the energy transition is happening more slowly than expected. However, even though the supply of raw lithium is limited, this metal of choice remains essential in the production of electric vehicle (EV) and other rechargeable batteries. 👉 Read our latest analysis on why we believe demand for this metal is expected to increase substantially for decades to come. From EV adoption to help achieving net-zero decarbonization goals, supportive legislation, countries and companies racing to secure lithium supplies, investment fundamentals of the lithium market have improved - https://lnkd.in/etb3Rnne #LITU

The battery is the most costly EV component, making up 40% of the total cost, with 51% of that cost due to the Anode's critical elements, Lithium and Cobalt. Australia is the largest Lithium producer, and the Dominican Republic of Congo leads in Cobalt mining. China dominates Lithium and Cobalt processing, controlling 70% of the market, making it the primary producer of Lithium batteries and the hub of EV manufacturing. Given this monopoly, it remains to be seen if countries like India, Germany, and the US will invest in large-scale Lithium processing to compete globally. #EVs #LithiumBattery #ElectricVehicles #BatteryTechnology #geopolitics

As Mexico ramps up its efforts to develop a fully domestic supply chain for electric vehicles (EVs), there’s never been a more critical time for industry leaders to come together and shape the future of the country’s mineral and EV industries. With President Sheinbaum’s commitment to local EV production and the development of Mexico’s copper and lithium resources, the need for collaboration across sectors has never been clearer. If you’re involved in mining, technology, or supply chain innovation, this is your chance to join the Critical Minerals Association and play a key role in driving Mexico’s EV transformation. Together, we can overcome challenges in lithium extraction, strengthen local manufacturing, and position Mexico as a global leader in sustainable transportation. Be part of the solution—join us in shaping the future of Mexico’s mineral resources and EV market! #CriticalMinerals #EVRevolution #SupplyChainInnovation #MexicoAutomotive #SustainableFuture #JoinTheCMA

Building an EV supply chain in Mexico ✔ It all starts with a plan... ❔ Mexico has Li deposits but they are sediment- hosted. Extraction has not yet been done on commercial scale. ❔ Currently no refining capacity for Lithium in the country. ❔ No LiB cell manufacturing capacity. ➕ Some automotive companies are starting to build up EV production lines. More reading: https://lnkd.in/gfQfEcJG #supplychain #lithiumionbatteries #lithium #evbattery #batteries #batterymetals #mining #automotiveindustry #ev #recycling

What is the future demand for #battery #minerals and #metals? . . . As the clean energy transition accelerates, the demand for lithium, nickel, graphite, and manganese is set to skyrocket, driven by the electric vehicle (#EV) market. For instance, lithium demand is expected to increase by over 1500% by 2040. Important to note that these estimates hinge on present battery technology, but advancements could alter the landscape of metal requirements. Emerging technologies like solid-state batteries and alternative chemistries might reduce dependency on some of these minerals and metals. Until then, the pressure on existing supply chains will be immense. And if we continue production at current rates, we also face significant supply gaps as early as 2030: cobalt 40%, lithium 30%, nickel 15%, and copper 10%. To learn more, visit: https://lnkd.in/eT-w6st5 #Mining #MiningIndustry

As of 15th April, lithium upstream prices have increased by more than 10% during the year, while the prices of downstream battery materials and battery cells have not followed suit. Amid the sharp fluctuations in lithium prices in 2023, battery material manufacturers will bear serious inventory losses, and production and operations will face many challenges. Some companies will balance production efficiency and strive for market share this year. Looking at the upstream, although the recent rise in lithium prices has led to a rebound in lithium prices, outsourced mining companies still have profits, and the profits of integrated mines are even more impressive. With lithium prices rising and material prices basically unchanged, from an industrial perspective, there is considerable resistance to the upward trend in lithium prices. https://lnkd.in/gdXFBYhA #lithium #nickel #cobalt #manganese

Chile’s SQM, the world’s second-largest lithium producer. Australia has a significant opportunity to capture more value from the lithium value chain by refining spodumene into lithium hydroxide, which is in high demand for high-nickel NMC batteries. The lithium hydroxide market may generate up to $10 billion per year in additional revenue for market participants by 2030 1. However, Australia also faces challenges in securing its place in a competitive global market, such as the oversupply of lithium, the uncertainty of EV demand, and the environmental and social impacts of lithium mining. Australian companies need to stay informed and prepared for the changing dynamics of the lithium industry. If you are interested in learning more about the lithium market and how it affects your business, please contact me for more insights. I can provide you with relevant data, analysis, and recommendations to help you make strategic decisions and seize the opportunities in the lithium sector. You can reach me by email, phone, or LinkedIn. I look forward to hearing from you soon. 😊

Contemporary Amperex Technology (CATL) has confirmed plans to adjust its lithium production in Yichun, Jiangxi province, in response to conditions in the lithium carbonate market. The company decided on September 10 to temporarily suspend its lithium spodumene mining operations due to mining costs exceeding lithium salt prices. Following this news, shares of major Chinese lithium miners, such as Tianqi Lithium and Ganfeng Lithium, surged to the exchange-imposed daily limit, while CATL's stock rose 3 percent. Industry insiders highlighted the growing challenge of balancing production costs with market prices and suggested that CATL's decision could impact the supply and demand dynamics of the entire lithium industry, prompting other companies to observe the situation closely for its long-term effects. #MotiveAsia #China https://lnkd.in/gJzQPwmi