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04/07/2023
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By Kevin Hughes
Chinese lithium producers set floor price as demand for the metal drops
China’s top lithium firms agreed to set a floor price for the metal amid dwindling demand, six individuals confirmed. Ten companies – including Tianqi Lithium and Ganfeng Lithium – that met on the sidelines of a conference in the city of Nanchang in Jiangxi province agreed on the lowest minimum price of 250,000 Chinese yuan […]
03/31/2023
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By Kevin Hughes
US, Japan sign trade agreement on minerals for electric vehicle batteries
The United States and Japan signed a trade agreement Tuesday, March 28, on electric vehicle (EV) battery minerals. The agreement bolsters both countries’ battery supply chains and gives Japanese automakers broader access to the $7,500 U.S. EV tax credit. A senior Biden administration official said the deal prevents the two countries from approving bilateral export restrictions on […]
09/14/2022
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By Kevin Hughes
EV maker Tesla looking to set up lithium refinery in Texas, eyes tax relief
Tesla Inc. is considering establishing a lithium refinery on Texas’ Gulf Coast in a bid to acquire a key component in electric vehicle (EV) batteries. The move comes amid soaring demand for electric cars. In an application filed with the Texas Comptroller’s Office, the company stated that it will process raw lithium ore “into a usable […]
09/13/2022
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By Kevin Hughes
Lithium shortage spells disaster for Biden admin’s ill-fated crusade against gasoline-powered vehicles
A lithium shortage might foil the Biden administration’s goal of decreasing the sale of new gasoline-powered vehicles by half. “We don’t have enough [lithium] in the world to turn that much [battery] production in the world by 2035,” said Piedmont Lithium CEO Keith Phillips. He told Yahoo! Finance: “Yes, we’ll have enough – but not by […]
09/11/2022
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By Belle Carter
Lithium supply not large enough to not meet ambitious global EV deadlines, mining CEO warns
The Piedmont Lithium (PLL) CEO has issued a warning that domestic resources for lithium, the most critical mineral used in the production of electric vehicles (EV), will not suffice to meet the demanding EV deadline. Keith Phillips of PLL, which is one of the few America-based lithium mining operations, recently told Yahoo Finance that there will […]
08/17/2022
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By Belle Carter
Lithium production setback will hinder EV growth; locals revolt over lithium mining impacts on water supplies
Lithium production suffered a major setback at a time when battery makers desperately need the metal, which is a key component in electric vehicle (EV) batteries. Earlier this year, Chinese EV giant BYD Co. won a government contract to mine lithium in Salar de Atacama, Chile – a California-sized chunk of terrain that holds 55 percent […]
07/21/2022
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By Mary Villareal
EU lawmakers pushing to classify lithium as hazardous substance, which could be a problem for EV market
European lawmakers are attempting to classify lithium as a hazardous substance – a move that is met with backlash from battery and metals industries, whose experts argue that scientific evidence used to make the decision is weak. The global demand for batteries is rising in line with the growth of the electric vehicle market and […]
05/16/2022
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By Cassie B.
Renewable energy is creating a new set of environmental problems
While climate alarmists have been pushing for the use of wind turbines, solar panels and large-scale batteries to reduce reliance on fossil fuels, they seem to be ignoring the fact that the minerals and materials that are needed to create these solutions depend on the mining industry and create environmental problems of their own. In […]
03/22/2022
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By Kevin Hughes
Biden wants Americans to buy electric cars made with Russian aluminum
United States President Joe Biden and Transportation Secretary Pete Buttigieg were recently mocked by conservatives for suggesting that working-class Americans scrambling to pay the soaring oil prices should consider acquiring an electric vehicle (EV) instead. Yet, this easy solution supported by Democratic elites might just be even more unreal considering the current financial situation of many Americans. It turns […]
06/15/2021
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By Virgilio Marin
Lithium mining for electric vehicle batteries is harming indigenous groups in Arizona
A government-backed push to mine lithium in western Arizona is compromising the ability of indigenous groups in the area to freely practice their religion. Australian company Hawkstone Mining Ltd. has been conducting exploratory drilling in the Big Sandy River Valley under the auspices of the Bureau of Land Management (BLM). The valley is home to several sacred sites on public land, […]
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