Tamer Talu’s Post

Despite slow #EV growth in North America, Electra Battery Materials Corporation CEO, Trent Mell, says that the outlook for nickel is still bullish, with battery capacity installed in electric passenger vehicles expected to grow sixfold between 2020 and 2035. At Fastmarkets International Critical Minerals and Metals Summit, Mell said, "North American demand will grow at near-China pace, but the focus is on nickel-bearing chemistries." Read the full article here: https://fmrkts.com/3BaVI49 #FastmarketsBRM #criticalminerals #ICMMS #ElectricVehicles

Despite slow #EV growth in North America, Electra Battery Materials Corporation CEO, Trent Mell, says that the outlook for nickel is still bullish, with battery capacity installed in electric passenger vehicles expected to grow sixfold between 2020 and 2035. At Fastmarkets International Critical Minerals and Metals Summit, Mell said, "North American demand will grow at near-China pace, but the focus is on nickel-bearing chemistries." Read the full article here: https://fmrkts.com/3MJo2Nx #FastmarketsBRM #criticalminerals #ICMMS #ElectricVehicles

Despite slow #EV growth in North America, Electra Battery Materials Corporation CEO, Trent Mell, says that the outlook for nickel is still bullish, with battery capacity installed in electric passenger vehicles expected to grow sixfold between 2020 and 2035. At Fastmarkets International Critical Minerals and Metals Summit, Mell said, "North American demand will grow at near-China pace, but the focus is on nickel-bearing chemistries." Read the full article here: https://fmrkts.com/4gAUNdJ #FastmarketsBRM #criticalminerals #ICMMS #ElectricVehicles

Despite slow #EV growth in North America, Electra Battery Materials Corporation CEO, Trent Mell, says that the outlook for nickel is still bullish, with battery capacity installed in electric passenger vehicles expected to grow sixfold between 2020 and 2035. At Fastmarkets International Critical Minerals and Metals Summit, Mell said, "North American demand will grow at near-China pace, but the focus is on nickel-bearing chemistries." Read the full article here: https://fmrkts.com/3zdDr5G #FastmarketsBRM #criticalminerals #ICMMS #ElectricVehicles

Despite slow #EV growth in North America, Electra Battery Materials Corporation CEO, Trent Mell, says that the outlook for nickel is still bullish, with battery capacity installed in electric passenger vehicles expected to grow sixfold between 2020 and 2035. At Fastmarkets International Critical Minerals and Metals Summit, Mell said, "North American demand will grow at near-China pace, but the focus is on nickel-bearing chemistries." Read the full article here: https://fmrkts.com/3XDG7Tw #FastmarketsBRM #criticalminerals #ICMMS #ElectricVehicles

Despite slow #EV growth in North America, Electra Battery Materials Corporation CEO, Trent Mell, says that the outlook for nickel is still bullish, with battery capacity installed in electric passenger vehicles expected to grow sixfold between 2020 and 2035. At Fastmarkets International Critical Minerals and Metals Summit, Mell said, "North American demand will grow at near-China pace, but the focus is on nickel-bearing chemistries." Read the full article here: https://fmrkts.com/3B9iwRE #FastmarketsBRM #criticalminerals #ICMMS #ElectricVehicles

#ResearchThursday: Manganese in Steel Production Manganese is a crucial metal for several industries, especially in steel production where it's essential for strength and durability. It's also vital for battery manufacturing, including rechargeable batteries used in renewable energy and electric vehicles. With market growth projected at **$10.94 billion** (2024-2028), the future is bright for manganese, driven by its role in steel, EVs, and green energy. 💡 Applications:  - Steel & Alloys (ferromanganese, silicomanganese) - Batteries (lithium-ion, energy storage) - Electronics & Chemicals 🌍 Top Regions & Companies:   - China, India, Brazil, US - Key players: BHP Group, Eramet, Vale #SteelIndustry #Manganese #Innovation #RenewableEnergy #EVs

Hydrogen-powered iron facility to come online this year following permit approval. By Edward Laity GreenIron has secured an environmental permit for its first full-scale production site set to produce direct reduced iron (DRI) using hydrogen. H2 View understands that the Swedish start-up’s furnace can produce up to 28,000 tonnes of DRI per year when hydrogen is used as a reducing agent. GreenIron told H2 View Linde will be its local hydrogen supplier. The Land and Environment Court in Östersund approved the permit for GreenIron’s site in Sandviken, Sweden. The company will now be able to establish and operate a facility for the recycling and production of iron and other metals in the region. With the permit agreed, the Sandviken Industrial Park can now process 30,000 tonnes of input material per year, which could result in a reduction of approximately 42,000 tonnes of CO2 emissions when compared to traditional fossil-based metal production. “When we start production in Sandviken this year, it [will] mark an important milestone in the transition of the hard-to-abate mining and metal industries that have significant emissions,” explained Edward Murray, GreenIron’s CEO. https://lnkd.in/dbrGQEW3

The South Asian nation has set in motion a building blitz at its oil refineries to raise production of traditional transport fuels such as gasoline and diesel, which could lift capacity by more than 20% over the next five years. Rystad Energy puts the cost of additions at around $60 billion. It’s a rare boost for a global refining industry that’s in a state of decline in the US and Europe, while China’s massive sector is adjusting to Beijing’s green goals after years of development made it a processing powerhouse. By contrast, India’s growing transport demand and the slower adoption of electric vehicles will keep appetite for gasoline and diesel higher for longer. “Expansions in the West are non-existent,” said Giovanni Serio, Vitol Group’s head of research. “Expansions continue to be based in the areas where demand is growing. India is the one where we see the continuation of a trend of growth of over 200,000 barrels a day between now and the next four or five years.”

AMG-persbericht, 18 september 2024: AMG Critical Materials N.V. hosted the opening of its lithium hydroxide refinery in Bitterfeld-Wolfen, Saxony-Anhalt in Germany earlier today. AMG Lithium B.V., which houses all of AMG’s lithium activities, has commissioned production of battery-grade lithium hydroxide at the first of its five modules planned for the site. Annual capacity of one module is 20,000 tons per year – enough for the batteries of around 500,000 electric vehicles (“EVs”). AMG’s first module is sold out and by 2030, AMG’s concept is to expand annual production up to 100,000 metric tons of battery-grade lithium hydroxide depending on market conditions. The recent Benchmark forecast, which has been revised downward, projects total demand for lithium in batteries in Europe to be 700k metric tons in 2030. AMG’s potential production of 100k metric tons (assuming all 5 modules), represents 14% market share of the projected applicable market in Europe for 2030. Dr. Heinz Schimmelbusch, Chairman of the Management Board and CEO of AMG N.V. said, “With the refinery, we are the first mover, making a decisive contribution to securing the supply of the critical raw material lithium for the industry in Germany and Europe. The establishment of our own complete lithium value chain also contributes to the European Critical Raw Materials Act and offers greater independence for raw materials and critical materials.” Dr. Stefan Scherer, Managing Director of AMG Lithium GmbH, commented “AMG is forward looking – developing cutting-edge technology and materials to support the market development of next generation, sulfur-based all-solid-state-batteries closely together with the main players in the industry.” Lithium hydroxide is an important raw material for the production of cathode materials for batteries in EVs and thus for the path to climate-neutral mobility. With the refinery in Bitterfeld, AMG is primarily aiming to supply customers who manufacture in Europe.