Battery minerals are essential for the clean energy transition and decarbonizing transportation. Demand for these minerals will greatly increase by 2040, potentially leading to supply shortages by 2030.
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Minerals are essential to the global economy and to the technologies powering the clean energy transition. Diverse, secure, and sustainable supply chains for critical energy minerals are vital to deploying these technologies at the speed and scale necessary to combat the climate crisis. The Minerals Security Partnership (MSP) aims to accelerate the development of diverse and sustainable critical energy minerals supply chains through working with host governments and industry to facilitate targeted financial and diplomatic support for strategic projects along the value chain. MSP partners include Australia, Canada, Finland, France, Germany, India, Italy, Japan, Norway, the Republic of Korea, Sweden, the United Kingdom, the United States, and the European Union (represented by the European Commission). The MSP considers projects along the full clean energy value chain, from mining, extraction, and secondary recovery, to processing and refining, and ultimately to recycling. The MSP focuses on the minerals and metals supply chains most relevant for clean energy technologies. These include – but are not limited to – lithium, cobalt, nickel, manganese, graphite, rare earth elements, and copper. About the MSP Under Secretary of State for Economic Growth, Energy and the Environment Jose W. Fernandez explains the goals of the MSP. For Full details : https://lnkd.in/gWG3QTe2
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Investment in critical minerals in web of doubt, says industry – ET Auto The long-term picture is intact of a world needing large quantities of materials such as lithium, cobalt and copper to enable the world to give up using fossil fuels. Many companies are reluctant to invest in critical minerals and energy transition projects due to uncertainty about consumer demand for EVs and government commitment to zero-carbon https://lnkd.in/gQQ9D6y3
Investment in critical minerals in web of doubt, says industry – ET Auto
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Top Tier Denim Sales & Merchandise Professional | PD (R&D) Specialist | Business Development | Sustainability Mentor | Product Sourcing & Execution
A race for resources is underway globally due to the looming supply-demand gap for critical minerals. To achieve net-zero by 2050, a 60% global EV market share is needed by 2030, requiring a substantial increase in mineral inputs. The energy transition relies on low-carbon technologies, demanding a surge in critical minerals supply. Minerals like lithium, cobalt, copper, nickel, and rare earth metals are vital for EVs, renewable energy, and power grids. Clean energy solutions require more materials, e.g., offshore wind is six times more materials-intensive than coal or gas. Rapid demand growth contrasts with slow supply expansion; delays can lead to a supply-demand gap and increased emissions. The Securing Minerals for the Energy Transition (SMET) initiative identifies risks, including economic, environmental, social, political, and technological. Global cooperation is essential to increase awareness, mobilize action, and ensure a sustainable and affordable supply of critical minerals for the energy transition. Urgent action is needed to secure minerals for the energy transition and accelerate the pace toward a 1.5°C world. #sustainability #pakistan #export #industry #mineralprocessing #shortage #ev
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The battery industry is witnessing a shift in chemistry dynamics, impacting demand for critical minerals like lithium, nickel, and cobalt. Changes include exploring alternatives like increasing manganese content and sodium-ion battery technology. This shift may also affect the balance between new and recycled metals in the battery ecosystem.
Energy Transformation Panel: Battery Supply Chains and Value Chains – Investing to Fill the Gaps
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Many companies are reluctant to invest in critical minerals and energy transition projects due to uncertainty about consumer demand for EVs and government commitment to zero-carbon goals, industry players said. The long-term picture is intact of a world needing large quantities of materials such as lithium, cobalt and copper to enable the world to give up using fossil fuels. https://lnkd.in/gcPwzdjM #investment #criticalminerals #doubt #uncertainty #consumerdemand #industry #energytransition #electricvehicles #government #commitments #zerocarbon #goals
Investment in critical minerals in web of doubt, industry says
finance.yahoo.com
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Global demand for critical #minerals is set to surge from 7.1 million tonnes in 2020 to 42.3 million tonnes by 2050, driven by the push for #cleanenergy technologies and other high-tech industries. Secure supply chains will be crucial for scaling #infrastructure like wind turbines and advanced batteries. #SoutheastAsia, rich in key minerals such as nickel, tin, rare-earth elements, and bauxite, is poised to become a major supplier. However, establishing downstream processing while meeting high environmental standards presents a significant challenge. As such, the region will need collaboration with experienced countries like #Australia, #India, #Japan, the #US, #China, and #EU nations to become a critical mineral hub. This is undoubtedly a region ripe with opportunity for investors and entrepreneurs. Article by Han Phoumin for Australian Strategic Policy Institute's The Strategist. Read more at the link below. Follow OLC Project Management now: never miss an update! https://lnkd.in/gxnQ3FHc
Southeast Asia’s potential in critical minerals
olcpm.com
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I've shared some thoughts on critical minerals opportunities and challenges in Infrastructure Investor. Access to critical minerals will be a bottleneck to a successful energy transition. We are interested in companies recycling these materials, enabling alternative pathways to sourcing them, or developing replacement solutions free of critical minerals / rare-earth metals altogether. To read more, please see here (subscription required): https://lnkd.in/ePwQU5TM #energytransition #netzero #cleanenergy #privateequity
Y is for… Yttrium
infrastructureinvestor.com
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Experienced technology sales & marketing professional - passionate about saving energy and stopping global warming
I am posting this to address the misinformation that I frequently hear when talking about EVs and batteries. It seems people trot out what they've read about issues with rare earth minerals and lithium mining as an excuse not to consider switching to renewable technologies (see also my recent post on the relative waste generated by fossil fuel electricity generation vs renewable sources). RMI publish very useful research reports on renewable market topics; here is an extract from the latest one about what batteries are not like oil was (a fully consumed resource): "Battery minerals are not the new oil. Even as battery demand surges, the combined forces of efficiency, innovation, and circularity will drive peak demand for mined minerals within a decade — and may even avoid mineral extraction altogether by 2050. These advancements enable us to transition from linear extraction to a circular loop, with compounding benefits for our climate, security, equity, health, and wealth. Change is already underway. Without the past decade of improvements in chemistry mix, energy density, and recycling, lithium, nickel, and cobalt demand would be 60–140 percent higher than they are today. Continuing the current trend means we will see peak virgin battery mineral demand in the mid-2030s." Here is a link to the report: https://lnkd.in/d9C_SDyQ #renewables, #batteries, #climate, #recycling
The Battery Mineral Loop - RMI
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A recent dip in #EV demand aside, given global #climate goals, demand for critical minerals will only increase in the coming years. However, projections from the International Energy Agency (IEA) indicate the ramp up will outstrip current production capacity. #supplychain #batteries #lithium #batterycells
A critical mineral inventory glut masks long-term supply constraints
supplychaindive.com
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Did you know EV production demands 6x more critical minerals than traditional vehicles? With the U.S. aiming for 50% EV sales by 2030, GNA, a TRC Company, can guide you through mineral supply chain complexities and ensure a smooth transition to clean transportation. Learn more: https://okt.to/WoicmI #EV #minerals #ZeroEmission #transportation #RenewableEnergy
New Federal Guidance on Critical Minerals Signals Changes for EVs - ACT News
act-news.com
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