Chinese curbs on exports of three niche metals to the US have already rattled the market. Now, a bigger clampdown looks set to have far-reaching ramifications for supply chains feeding American defense and chip-making industries. Beijing this month slapped a ban on US-bound exports of gallium, germanium and antimony in a tit-for-tat move in a […]
Battery Metals
Will This Device Solve EV Battery Heat Issues?
In the race to field EV batteries that promise the longest driving distances and the fastest recharge capabilities, one particular quality often gets overlooked in the marketing frenzy, and that’s the ability of the current crop of lithium-ion batteries to cool themselves. In fact, it seems the only time we hear about the thermal safety […]
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Nickel hit a four-year low as a lackluster outlook from the Federal Reserve for next year outweighed the possibility of sharp mining cuts in Indonesia. Futures on the London Metal Exchange dropped as much as 2.3% Thursday, to the lowest level since November 2020. The commodity used in electric-vehicle batteries has been one of the […]
Ford closes a $9.63 billion DOE loan to supercharge 3 EV battery factories
In a significant boost for the US EV industry, Ford’s joint venture, BlueOval SK, has closed a $9.63 billion loan from the Department of Energy’s (DOE) Loans Programs Office. The DOE loan will go toward the construction of three state-of-the-art battery manufacturing plants – one in Tennessee and two in Kentucky – as Ford scales […]
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
German automaker Volkswagen (ETR: VOW3) announced on Wednesday its acquisition of a 9.9% stake in Canadian lithium company Patriot Battery Metals (TSX: PMET) (ASX: PMT) for $48 million. This marks the first time Volkswagen and its battery subsidiary, PowerCo, have directly invested in the lithium supply chain, as the company aims to secure raw material […]
Exclusive: Trump transition team plans sweeping rollback of Biden EV, emissions policies
Incoming U.S. President Donald Trump’s transition team is recommending sweeping changes to cut off support for electric vehicles and charging stations and to strengthen measures blocking cars, components and battery materials from China, according to a document seen by Reuters. The recommendations, which have not been previously reported, come as the U.S. electric-vehicle transition stalls and […]
