Australia set to be a leader in $1.7 trillion battery industry
Australia is forecast to be a global leader in a battery storage technology boom which is growing more swiftly than previously predicted. Bloomberg New Energy Finance has predicted batteries will quickly become cheaper than it originally forecast last year, with prices to fall by more 50 per cent through to 2030 as it grows into... View Article
Orocobre Market Update Online Briefing
To listen to a recording of Orocobre’s latest webcast briefing, where Managing Director & CEO Mr Richard Seville discusses the Quarterly Activities Report for the period ending 30 September 2018, click on the media player below.
Australia’s First 350kW Electric Vehicle Charging Stations Confirmed
A network of ultra-fast electric vehicle recharge stations powered exclusively by renewable energy will receive $6 million in funding from the Australian Federal Government. 18 stations will be located no more than 200km apart on the main highway that links Brisbane, Sydney, Canberra, Melbourne and Adelaide.
BORON
MARKET
The borates market typically grows at levels equal to, or above GDP growth in key demand markets.
Increased demand for agricultural applications continues with Africa and India showing improved adoption of using borates as a micro-nutrient to increase crop productivity. Heightened demand for refined borates products and boric acid reflect increased consumption in both agriculture and industrial markets.
Continued market growth at approximately GDP rates or above is expected, driven by innovation in the boro-silicate glass industry and fracking in the Americas, as well as increasing and more widespread consumption of borates in agricultural applications.
REFINED BORATES MARKET
- Overall 4.5% CAGR from 2013 to 2018
- Growth driven by Agriculture (6%), Borosilicate Glass (4%)
- As the market continues to improve, Insulation Fibre Glass in the North American housing market will also stimulate growth.
MINERAL BORATES MARKET
- Overall 4% CAGR from 2013 to 2018
- Growth driven by Agriculture (6%), Insulation Fiber Glass (4%) and Frits and Ceramics (4%)
- Minerals used in Asia for direct use and conversion to refined products and in North / South America directly in end-uses.