Toyota Strikes Deal With World’s Top Supplier of Electric Car Batteries
Toyota Motor Corp. agreed to buy batteries from Contemporary Amperex Technology Co. Ltd. (CATL) as part of a broader partnership, the latest in a slew of tie-ups being forged as global carmakers race to secure stable supplies for electric vehicles.
VIII International Seminar: Lithium in the South America Region
Orocobre Limited CEO and Managing Director Martín Pérez de Solay presented at the annual “VIII Seminario Internacional: Litio en la Región de Sudamérica” speaking in detail about the current levels of production at the Olaroz Lithium Facility, progress of the Stage 2 Expansion project, the current state of the lithium market and Sales de Jujuy... View Article
Olaroz Lithium Facility’s Stage 2 Expansion continues to advance steadily
As part of his presentation at “VIII Seminario Internacional: Litio en la Región de Sudamérica” (VIII International Seminar: Lithium in South America), Chief Executive Officer and Managing Director of Orocobre Limited, Mr. Martín Pérez de Solay was interviewed exclusively by the event organisers PANORAMA MINERO.
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.