Shandong: Strive to increase the sales of new energy vehicles produced in the province to the countryside by more than 10% within 2023

BTR Agreement with Moroccan Government

In the short term, there is an oversupply of lithium, leading to a decrease in the price of lithium carbonate and energy storage batteries. However, there is an expected increase in global new energy vehicle sales, which will drive up the demand for energy storage batteries. The global lithium carbonate production capacity is expected to exceed 2 million tons in 2024, leading to the risk of high-cost lithium production capacity being eliminated. In the short term, there may be a slowdown in downstream demand for lithium due to early reserve in power and energy storage industries, but with the recovery in demand, positive electrode material production is expected to increase. Additionally, events like early orders for positive electrode materials and the cancellation of futures contracts may impact the market in the short term, and market participants need to closely monitor these trends and take appropriate measures.

Kloeckner Metals UK has recently inaugurated its cutting-edge stockholding and processing facility at Newbridge Link in the Newbridge Industrial Estate in Edinburgh.

EKA, a prominent player in the electric mobility sector, has officially unveiled its highly anticipated 1.5-tonne electric Light Commercial Vehicles (LCVs) in collaboration with Mitsui Co., Ltd. from Japan and VDL Groep from the Netherlands as equity partners.

Tesla plans to expand its battery production in the US state of Nevada, where it will open an LFP line using idle equipment from China's Ningde Times. This strategy suggests that Tesla ...

Atlantic Lithium received a US$5 million subscription from Ghana’s sovereign minerals wealth fund, the Minerals Income Investment Fund (“MIIF”), and there is more to come.

This week, key stakeholders in Nigerian metal sectors gathered at the fifth National Council on Mining and Mineral Resources Development (NCMMRD) meeting, and discussed lithium.

According to the Algerian ambassador to Malaysia, Abdelhafid Bounour, Lion Group plans to invest around US$ 6 billion (RM27.5 billion) in Algeria in alliance with Algeria's strategic vision of becoming the gateway to Africa and beyond.

On December 22, the Hebei Provincial People's Government held the "Hebei Province Deeply Promotes Environmental Protection Performance A-level Work Conference in Key Industries" in Shijiazhuang. Luo Tiejun, vice president of the China Iron and Steel Industry Association, was invited to attend the meeting and delivered a speech.

Cong Liang, deputy director of the National Development and Reform Commission, introduced at the State Council’s regular policy briefing today that as of the end of August, investment within the central budget had basically been issued.