Global EV sales pushed battery metals deployment in H2 2020 – report
Adamas Intelligence reports that EV registrations grew by 58% year-on-year in the second half of 2020 and, with them, battery metals deployment.
Adamas Intelligence reports that EV registrations grew by 58% year-on-year in the second half of 2020 and, with them, battery metals deployment.
The best proposals from "Ingenious Extraction" will be selected for acceleration. Early submission deadline is March 12.
The new cell chemistry for dual-ion batteries uses a zinc anode and a natural graphite cathode in an aqueous electrolyte.
Citigroup analysts have pinned the global copper deficit at about 500,000 tonnes starting this year.
Other industrial metals also jumped, with aluminum, nickel, tin and lead all hitting multi year highs.
Group gold production in 2020 rose to 982,559 ounces from 932,659 ounces a year earlier.
Shares more than tripled after the mineral producer unveiled a $10.8 million deal for rights to a stake of as much as 64% stake in lithium battery recycling company Linico.
The company reported a net loss of 675 million euros ($817 million) for 2020.
The project in Limpopo province is also assessing mining of rhodium, nickel, copper and gold.
Copper’s micro dynamics are reinforcing the macro reflation trade that is lifting prices across the commodities spectrum.