cobalt

Sales growth in India’s electric vehicle market will moderate to 75% per year over the next three years, as supply constraints drive up prices of key raw materials for batteries. 

The urban mining startup has set up an R&D and innovation center focused on improving the efficiency and yield of its chemical-free technology for extracting valuable materials from dead lithium batteries. It will ramp up the facility to double it up as a fully operational metal extraction unit by the end of December.

A couple of weeks ago, Goldman Sachs sent shockwaves through battery metals markets, issuing a prediction that cobalt and lithium in particular were due for a sharp price decline in the next two years. But London-based Benchmark Mineral Intelligence is loudly pushing back, outlining its reasons why it believes the call on lithium was wrong. Meanwhile, US analyst Wood Mackenzie says that the battery raw material chain will remain tight, but notes that recycling could help to ease the supply deficit.

Ensuring pragmatic energy storage transformation is proportional to tweaking the current battery storage chemistry. Zinc battery technology is gaining traction, changing the prevailing energy storage dynamics.

Nitin Gupta, chief executive officer and co-founder, Attero Recycling, speaks to pv magazine about the supply chain concerns for lithium battery storage manufacturing in India, current battery recycling scenario and Attero’s capacity.

Although we may have just about commenced our run in the electric vehicle (EV) race, it is critical that we jump-start the pace of adoption by enhancing the overall perception of EVs from a safety and longevity standpoint.

The Mumbai-headquartered natural resources company has acquired Goa-based Nicomet, a producer of cobalt, nickel, and their derivates in India, as it looks to capitalize on the electric vehicles and energy storage boom.

Noida-headquartered Lohum plans to expand its integrated lithium-ion battery manufacturing and recycling facility in India to 3 GWh and expand into the US with its first facility. Co-founder Justin Lemmon speaks to pv magazine about how their operations in India will solve the battery supply chain and cost challenge for the nation’s electric mobility and renewable energy ambitions.

The sheer volume of new power lines which will be required to accommodate the rising tide of solar installations ensures copper has been included by the International Energy Agency on its list of minerals which must keep flowing if the energy transition is to stay on course. And it’s not production that’s the potential bottleneck.

Scientists investigating the aging mechanisms affecting today’s lithium-ion batteries observed that the loss of lithium over time is one of the main causes of performance loss. With this in mind, they developed and tested a “relithiation” process that promises to eliminate much of the cost and complexity from recycling battery components and materials.