Value of battery metals in newly-sold EVs tripled on rampant lithium, nickel prices
MINING.COM’s EV Metal Index surged to just under $27 billion in 2022 thanks to surging lithium and nickel prices, but January saw a 50% month-on-month drop.
Australia's Lynas Rare Earths on Monday reported record fourth-quarter revenue as demand for the metals it mines that are used in electric vehicles, smartphones, and military equipment spurred prices higher.
MINING.COM takes issue with a new white paper by Wood Mackenzie forecasting the varying impacts of the green energy transition on metals and mining demand.
To power up e-car batteries and for energy storage alone, the EU estimates it will need up to 18 times more lithium by 2030 and up to 60 times more by 2050.