Glenn Zorpette’s Post

 Lithium, the white gold, Special report: … in an electric car? Electric car batteries can … Automobile Manufacturers’ Association (ACEA). Factoring in hybrid models, sales of electric cars … with the exception of plug-in hybrids). Asia: By … lithium? The European automotive industry imports 100 percent … #car #cars #awesome

The panorama is shifting in favor of producers of critical minerals like #graphite as the pressure on automakers to transition and build more and cheaper #evs mounts. As this article points out, the future of electric vehicles looks brighter than ever, supported by expert predictions of further reductions in battery prices, which industry analysts forecast will not only continue, but accelerate in the coming months. Add to that the incentives of the U.S. Inflation Reduction Act to support local sourcing for critical minerals and supply chains with minimum content restrictions, and the outlook for companies like #northerngraphite, the only significant producer of natural graphite in North America, only gets brighter. At Northern Graphite, we are positioned for the inevitable wave of demand as we boost production and work toward building North America's largest and cleanest Battery Anode Material (BAM). Let's make it happen! https://lnkd.in/dfaqugWa

𝐓𝐡𝐞 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐃𝐫𝐢𝐯𝐞 𝐌𝐢𝐧𝐢𝐧𝐠 𝐓𝐫𝐮𝐜𝐤 𝐌𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐨𝐧 𝐚𝐧 𝐞𝐥𝐞𝐜𝐭𝐫𝐢𝐟𝐲𝐢𝐧𝐠 𝐭𝐫𝐚𝐣𝐞𝐜𝐭𝐨𝐫𝐲! 🚀 Did you know that in 2023, the market size surged to a whopping USD 627.60 Mn.? And here's the kicker: it's projected to soar by 26.5% from 2024 to 2030, reaching a staggering USD 3253.28 Mn.! ⚡️ ➡ 𝐂𝐥𝐢𝐜𝐤 𝐇𝐞𝐫𝐞 ----> https://lnkd.in/ddazmeak 𝑫𝒊𝒗𝒆 𝒊𝒏𝒕𝒐 𝒕𝒉𝒆 𝑬𝒍𝒆𝒄𝒕𝒓𝒊𝒄 𝑫𝒓𝒊𝒗𝒆 𝑴𝒊𝒏𝒊𝒏𝒈 𝑻𝒓𝒖𝒄𝒌 𝑴𝒂𝒓𝒌𝒆𝒕: 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: Explore the realm of electrically powered mining trucks, revolutionizing the mining and construction sectors with their versatility and eco-friendly operation. Discover why demand for low-emission vehicles is sky-high! 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞: Meet the heavyweights—Hitachi, Volvo, Caterpillar, Komatsu, and BelAZ—pioneering the industry with top-notch electric drive mining vehicles. Learn how established manufacturers are investing in R&D to stay ahead of the game. 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: Asia Pacific steals the spotlight, driving market dominance with booming mining operations in countries like China and India. Uncover the factors fueling growth in this dynamic region. 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬: From the rise of electric autonomous mining trucks to escalating infrastructure investments, delve into the driving forces shaping the market's trajectory. 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠: Witness the surge in demand for electric vehicles, transforming the mining landscape with sustainable solutions. Explore how advancements in battery technology are paving the way for a greener future. 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 𝐀𝐡𝐞𝐚𝐝: Despite the surge, challenges loom, with raw material costs skyrocketing and supply chain disruptions posing hurdles for manufacturers. Stay informed on the obstacles shaping the market landscape. Don't miss out on this electrifying opportunity! Get ahead in the Electric Drive Mining Truck Market—explore, innovate, and power up your strategies for success! #MiningIndustry #ElectricVehicles #MarketTrends

News like this underscores the important role of government in providing the investment security to drive the energy transition in North America, particularly when it comes to the EV revolution, it’s most important disruptor. While more needs to be done to this end, the Inflation Reduction Act (IRA) is a major component to effect change, providing significant incentives for EV uptake with a $7,500 rebate to the consumer for the purchase of an electric vehicle that contains minimum amounts of locally sourced critical minerals, including its largest component: graphite. To be eligible for the rebate, the percentage by value of critical minerals extracted and processed in the United States or in a U.S. free-trade partner must meet a rising scale of thresholds that start at 40 percent and grow to 80 percent and beyond by the end of the decade. At Northern Graphite, the only natural graphite producer in North America, we are working to be THE Next Generation Carbon Materials Company of the energy transition, targeting mine output growth, and working to start supplying battery anode material (BAM) to automakers from our Baie-Comeau facility, where we plan first phase production in 2026. Let’s make it happen. #energytransition #graphite #evrevolution

This is very interesting #EV from an environment perspective was always suspect I have a theory re this a) Musk proposed autonomous vehicles b) when that did not quite work out focused on EV c) with high interest rates and downward market - EVs are not so interesting d) meanwhile other automakers (you can see the same impact on initiatives like CARIAD in Germany also showed signs of slowdown e) China which invested (and subsidised) EV also may see a reversal f) As will the numerous mining initiatives also subsidised we need to go away from fossil fuels but EV may not be the solution maybe we will now explore other solutions ex from Brazil (ethanol) https://lnkd.in/eZMMMiPC

This is a must read explaining why the shift to LFP battery chemistry for BEVs is crucial for the environment. Nickel plays a significant role in boosting the energy density of battery cells, enabling vehicles to cover longer distances on a single charge. In contrast, lithium iron-phosphate batteries (LFP) do not contain nickel, but their energy density is usually lower. This has led car manufacturers to be cautious about using LFP batteries in upscale vehicles. #BEV #LFP #BatteryChemistry #EnvironmentalPriority

The US will soon be able to provide the full electrification of its car industry with newly produced domestic lithium batteries, independent from China and South America, where the mining of lithium is also a lot less clean. In the meantime, the Japanese and European car industry are lagging further behind. For example, the VW ID models are in stock in large quantities and we also do not have lithium supply (yet). If we want to play a key role in decarbonizing the world and profit from it by innovating our industries, we need a stronger EU to lead the way. It was Germany and Italy that facilitated dieselgate in the past decade, while innovation was nil. And it was the US that painfully exposed the European diesel gate. #evs #sustainablebusiness #lithium #europe #innovations #dieselgate

[𝐅𝐄𝐀𝐓𝐔𝐑𝐄𝐒 𝐍𝐄𝐖𝐒] Automotive vehicle manufacturer Audi South Africa (Audi SA) maintains a positive outlook on the adoption of electric vehicles (EVs) by customers and businesses in the country, despite the challenges associated with EV growth and adoption. This week's #AutomotiveIndustry feature has more info > https://bit.ly/4bcC8lz #Audi #Automotive #Vehicles #electricvehicles #EVs

The International Energy Agency (IEA) "expects half of all cars sold globally to be electric by 2035." With this considerable increase in demand for EVs, the demand for the critical minerals needed to build batteries for electric vehicles will continue to rise. Traditional methods of exploration and discovery will not find these minerals fast enough. Mining companies need to embrace new methods - AI is leading the way in developing innovative methods for mineral discovery, aiming to improve exploration success rates and address shortages of critical metals needed for the green energy transition, especially for electric vehicles. #AI and machine learning take time and expertise to be successful. VerAI Discoveries continues to be a frontrunner in this innovative new method of mineral discovery, and by continuously enhancing the efficiency of our proprietary AI platform, our mining partners and investors will bring those much-needed minerals to the EV market faster, cheaper, with a much higher success rate. Contact us to learn more.  #investing #mineralexploration #energytransition https://lnkd.in/gway4pV2

As people are less interested in driving high-mileage country crossing vehicles than low-cost vehicles for city driving, low energy density lithium ferro phosphate (LFP) batteries will remain more relevant to the market than nickel manganese cobalt (NMC) batteries. There are themes to watch or join while LFP gains share over NMC batteries: ·      Emergence of soft-rock lithium clay mining ·      Increased capital in battery-grade phosphate production ·      Natural graphite mines that can produce fine flakes gaining importance ·      Low (er than that of NMC) cost materials attract less recycling or remanufacturing effort for LFP end-use scenarios https://lnkd.in/dtMZw9k4