Resource Global Network magazine speaks with Orocobre MD/CEO Richard Seville
Resource Global Network (RGN) magazine has spoken with Orocobre Limited MD / CEO Richard Seville on expansion plans, the costs of production and the importance of Orocobre’s ongoing joint ventures.
Australian Energy Market Operator (AEMO) has doubled its forecast for EV uptake in Australia
The Australian Energy Market Operator (AEMO) has effectively doubled its forecast uptake for electric vehicles in Australia, suggesting that within two decades they could account of more than half of Australia’s car fleet. The changes are reflected across all three scenarios – weak, neutral and strong – the most remarkable difference is in the “strong”... View Article
Toyota Aims for Sales of More Than 5.5 Million Electrified Vehicles Per Year By 2030
Toyota Motor Corporation (Toyota) announces today its plans toward the popularization of electrified vehicles (EVs) for the decade 2020-2030. Toyota’s electrified vehicle strategy centers on a significant acceleration in the development and launch plans of hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs), battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs). Toyota... View Article
The
Markets
Market demand for lithium products is largely driven by the increase in use of rechargeable batteries in portable electronic devices and electric transportation.
Lithium-ion batteries provide power for cell phones, smartphones, tablets, laptop computers, power tools, and many other mobile consumer devices. Larger format lithium-ion batteries provide power for electric cars, scooter, electric bikes, buses, forklifts and other forms of transportation.
New applications for lithium are emerging in the areas of grid energy storage, solar and nuclear energy generation, and other industrial uses. Extensive new lithium-ion battery manufacturing plant capital expenditures currently underway are viewed as a positive indicator of future lithium demand.