Battery makers warn EU that lithium proposal may hurt EV sector The proposal to classify the metal as a reproductive toxin could severely hurt Europe’s burgeoning EV industry, they argued. Bloomberg News | July 4, 2022 | 12:01 pm
UK launches critical minerals data centre To be run by the British Geological Survey, the centre will use the data to help to find ways to source minerals needed for green technologies. Cecilia Jamasmie | July 4, 2022 | 6:34 am
EU’s Green Deal demands switch from fossil fuels to domestic metal production – report Researchers believe the EU will have to build its own urban mining and refining operations to decrease its raw materials dependency. Valentina Ruiz Leotaud | July 3, 2022 | 11:41 am
Copper, zinc, nickel price rout continues despite rebound in China manufacturing “It is increasingly clear that concerns about demand are taking precedence over supply issues in the metals markets”. Frik Els | July 1, 2022 | 10:42 am
Tesla’s EV market share seen plunging to 11% by 2025, BofA says Tesla is likely to lose its position as the dominant EV maker in the US to GM or Ford by 2025, says analyst John Murphy. Bloomberg News | July 1, 2022 | 8:44 am
Zijin adds China mine in race to join lithium’s global top tier The group plans to pay 1.8 billion yuan ($269 million) for a 71% stake in a company mining for lithium in Hunan province. Bloomberg News | July 1, 2022 | 8:24 am
California approves lithium tax despite industry’s warnings Governor Gavin Newsom approved the tax as part of a must-pass state budget on Thursday. Reuters | June 30, 2022 | 10:16 pm
French President says deep-sea mining must not go ahead Deep-sea mining would involve using heavy machinery to suck up off the ocean floor nodules that contain cobalt, manganese, and other rare metals mostly used in batteries. Reuters | June 30, 2022 | 11:39 am
Volkswagen pulls out all stops to address China challenges Chief Executive Officer Herbert Diess called China the company’s “second home market” this week. Bloomberg News | June 30, 2022 | 10:57 am