Graphite deficit starting this year, as demand for graphite battery anode ingredient exceeds supply
Originally posted on Aheadoftheherd.com Although EV market share is still tiny compared to traditional vehicles, that is likely to change in the coming years as major economies transition away from fossil fuels and move into clean energy. US President Joe Biden has signed an executive order requiring that half of all new vehicle sales be […]
More graphite needed for EVs
Originally posted on Metaltechnews.com Core from drilling a high-grade lens at Graphite Creek, a world-class deposit in Alaska that is the first link of Graphite One’s proposed lithium-ion battery anode material supply chain. By 2030, batteries will likely need more than 5x all the graphite mined in 2021 While shortages of the lithium and nickel […]
Canada aims to speed up new projects with critical minerals strategy
Originally posed on Reuters.com By Steve Scherer FILE PHOTO: Canada’s Minister of Natural Resources Jonathan Wilkinson speaks during Question Period in the House of Commons on Parliament Hill in Ottawa, Ontario, Canada, April 7, 2022. REUTERS/Patrick Doyle Canada on Friday unveiled a new strategy to ramp up production and processing of critical minerals vital to […]
Canada places big bets on critical minerals
Originally posted on Mining.com By Nelson Bennett Canada is blessed with an abundance of fossil fuels — oil, natural gas and coal. But as the developed world tries to wean itself off of fossil fuels – largely through electrification – it is expected the demand for Canada’s fossil fuels will eventually decline, while demand for […]
Canada’s Mining Minister Wants Minerals Projects Built Within a Decade
The Canadian Minister of Natural Resources, Seamus O’Regan, has expressed his desire to see more mineral projects built in the country within the next decade. In a recent interview with Mining.com, O’Regan emphasized the importance of the mining industry to Canada’s economy and the need for the government to support its growth. “Mining is a […]
The Threat of Graphite Supply Shortage and its Impact on the Electric Vehicle Rollout
Introduction Electric vehicles (EVs) have been gaining popularity in recent years due to their environmental benefits and lower operating costs compared to traditional gasoline-powered vehicles. However, the production of EVs relies on the availability of a critical component – graphite. Graphite is a key material used in the production of lithium-ion batteries, which are the […]
Canada Unlikely to Join OPEC-Like Group for Nickel
Nickel is a crucial metal used in the production of stainless steel and other alloys, and its demand has been on the rise in recent years. The Organization of the Petroleum Exporting Countries (OPEC), which controls the supply of crude oil, has been a successful example of countries coming together to regulate the supply of […]
Digging for green minerals a priority for the North, says federal minister
Originally posted on Cbc.ca By : Liny Lamberink Heavy machinery clears brush from where the Nechalacho mining project’s pit will be, back in 2021. One of the federal government’s priorities as it moves to a net-zero economy is to make it easier to step up critical mineral mines like this one, which extracts rare earths. […]
More than half of US car sales will be electric by 2030
Originally posted on Mining.com By : Ira Boudway, with assistance from Kyle Stock GM Ultium battery. Credit: General Motors Just over half of passenger cars sold in the US will be electric vehicles by 2030, according to a report from BloombergNEF, thanks in part to consumer incentives included in the $374 billion in new climate spending […]
Vale sees 44% increase in global nickel demand by 2030
Originally posted on Mining.com By Roberto Samora; Editing by Alistair Bell) Vale’s Voisey’s Bay nickel-cobalt-copper mine in Labrador. Credit: Vale Brazilian mining company Vale said on Wednesday that global demand for nickel should increase 44% by 2030 compared to that expected for this year, due to high demand for use in batteries that power electric […]