Rio Tinto in talks to buy lithium miner Arcadium
The deal would vault Rio into one of the world's largest suppliers of the battery metal, behind only Albemarle and SQM.
One of the world’s leading battery manufacturers, Panasonic Corp, is predicting significant growth in emerging markets for lithium-ion batteries.
The company, which is the sole partner for Tesla Motors’ Gigafactory in the US, is expecting growth of 74.9% CAGR in utility (stationary storage) – batteries that can power your home or office block – and 16.9% CAGR in automotive applications, primarily driven by full EVs.
The chart below shows Panasonic’s expectations between 2014 and 2025 in both emerging markets. This chart was taken from issue 2 of Benchmark Magazine, free to download here.
