Elon Musk Inspires World's Top Miner to Target Electric Vehicle Boom
(9 August 2017) “As we delved in to understand more about the lithium-ion battery market, it became clear that demand from EVs was accelerating,” said Eduard Haegel, asset president of BHP’s Nickel West unit. "As people become more aware of the limitations of supply, then those up and down the supply chain want to make… Read More >>
Vale cuts FY Nickel production forecast
(26 July 2017) Vale’s nickel production declined in the second quarter of the year, by 7.7% compared to the previous quarter and by 16.1% from the second quarter of 2016. At the same time, production at other operations such as its Thompson complex in Canada, in New Caledonia and in Indonesia undershot expectations and as… Read More >>
More long-term potential from batteries
(19 July 2017) France announced that it would ban sales of all petrol and diesel cars by 2040. Dutch bank ING stated it expected electric vehicles to have a lower cost of ownership than petrol or diesel models by 2024, leading it to predict vehicles in Europe to be fully battery electric by 2035. Under… Read More >>
Cimatu Expedites ECC Issuance, Delegates Issuing Authority to EMB Execs
(06 July 2017) Environment Secretary Roy A. Cimatu has moved to fast-track the issuance of environmental compliance certificates (ECCs) by giving the authority to issue such permits back to the director and regional directors of the Environmental Management Bureau (EMB), a line bureau of the Department of Environment and Natural Resources (DENR). Read More>> Read More >>
Electric vehicles have another record year, reaching 2 million cars in 2016
(07 June 2017) The number of electric cars on the roads around the world rose to 2 million in 2016, following a year of strong growth in 2015, according to the latest edition of the International Energy Agency’s Global EV Outlook. China remained the largest market in 2016, accounting for more than 40% of the… Read More >>
EV acceleration bodes well for metals demand
(22 May 2017) UBS has lifted its global 2025 EV sales forecast by around 60% to around 15 million vehicles, or 14% of global car sales. It’s not just lithium that will benefit from growing EV sales, as Glencore CEO Ivan Glasenberg noted last week. If EV rates reach 52 million by 2025, metal demand… Read More >>
Vale cuts FY Nickel production forecast
(20 April 2017) TMuch neglected in recent news stories has been a critical analysis of demand. With over two-thirds of nickel used in stainless steel, this sector typically receives most attention. A new use of nickel, however, is in the cathode materials of lithium-ion batteries. While such batteries, as of 2016, are predominantly used in… Read More >>
Asia Infrastructure Needs Exceed $1.7 Trillion Per Year, Double Previous Estimates
(28 February 2017) Infrastructure needs in developing Asia and the Pacific will exceed $22.6 trillion through 2030, or $1.5 trillion per year, if the region is to maintain growth momentum, according to a new flagship report by the Asian Development Bank (ADB). Read More>> Read More >>
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