Fuel cells have the potential to be a clean and efficient way to run cars, computers and power stations. But the cost of producing them is limiting their use. This is because a key component of the most common fuel cells is a catalyst made from the precious metal platinum. Researchers from the University of […]
Green Energy
Gupta plans EV plant in Australia, powered by solar and storage
UK-based billionaire Sanjeev Gupta is looking to buy equipment from and use part of the old Holden factory in South Australia to create an electric vehicle production line in what would be a remarkable transformation of Australia’s car industry and economy. Gupta, whose GFG Alliance last year bought the OneSteel business in Australia with a […]
China rapidly expands electric vehicle charging network nationwide
China is rapidly expanding public charging points for new energy vehicles (NEVs) across the country. According to a report by Xinhua, China now has the 214,000 NEV public charging stations, the highest number of NEV public charging points in the world. The country aims at installing about 500,000 public NEV charging stations by 2020. Although China has […]
Battery Industry Braces for Cathode Material Cobalt Shock through Vertical Integration
The secondary battery industry is accelerating vertical integration ranging from supply and demand of raw materials to processing of intermediary materials as its efforts to brace for a hike in core raw material prices, such as cobalt, lithium and nickel. According to industry sources on January 18, LG Chem Ltd. aims to more than triple […]
How Batteries Sparked a Cobalt Frenzy and What Could Happen Next
Cobalt left other metals in the dust this year, driven by demand from electric carmakers like Tesla Inc. But with new supply coming online and high prices likely to spur substitution and recycling, the market for the key battery component could prove choppier next year. Here are five themes that will capture the market’s attention in […]
No cobalt, no Tesla?
The battery industry currently uses 42 percent of global cobalt production, a critical metal for Lithium-ion cells. The remaining 58 percent is used in diverse industrial and military applications (super alloys, catalysts, magnets, pigments…) that rely exclusively on the material. Approximately 97 percent of the world’s supply of cobalt comes as a by-product of nickel […]
