ENERGYX NEWS As of April 11, 2023, it was announced that GM Ventures is leading a $50 million Series B financing round in EnergyX, and has entered into a strategic agreement to develop EnergyX’s lithium extraction and refinery technology. The collaboration is focused on unlocking the North American supply of lithium, a critical material for …
The future is electric Almost 150 million electric vehicles (EVs) are set to be on the road by 2030 according to a International Energy Agency (IEA) report. The IEA highlights that global EV stock could even soar to 250 million should countries embrace stronger decarbonization policies as the world moves towards net-zero goals. However, while …
Limited lithium resources Current lithium deposit estimates are sufficient to meet growing demand for lithium-ion battery production critical to the transition to renewable energies and electric vehicles. However, the overall impacts of lithium mining and other battery minerals, as well as low lithium production makes it desirable to make the industry more efficient and sustainable. …
Lithium and the Environment When you look over the immense salt flats of Chile or the heights of the Tibetan landscape, you are struck with awe as to how the panorama unfolds before you. Yet, these beautifully remote parts of the world are under threat from lithium extraction. In 2016, the Liqi River flowing to …
A Scramble for Battery Minerals From Australia to Zimbabwe the race for battery minerals is heating up. The 2023 World Economic Forum in Davos highlighted just how important lithium and other battery minerals are at the moment, and in the future. This is all tied to the global shift towards low-carbon which is seeing major …
A Critical Element Lithium is integral to the realization of decarbonization goals and the sustainable future that is being built around the world. Already omnipresent in consumer electronics, lithium-ion batteries are powering electric vehicles and being used as energy storage for renewables. With demand continuing to increase, the rare earth metal is considered one of …
Global Lithium Developments Demand for lithium continues to grow globally as new infrastructure developments throughout the lithium supply chain are unveiled. After a year of new heights for the lithium industry as a whole, 2023 is posed for a further leveling up across the board. All global regions are working on increasing production of battery-grade …
Introduction: A year to build on 2022 was a year to build on for lithium markets. After a year that broke all records in terms for lithium prices ($80,800 USD per tonne of Lithium Carbonate in November 2022) and the unveiling of new lithium projects around the world, the entire lithium supply chain seems set …
Introduction: Lithium in 2022 In 2021 lithium markets hit new highs as demand for the element skyrocketed with countries and companies committing to low-carbon technologies and creating green growth – 2022 saw lithium continue its upward trajectory. In November 2022, lithium prices reached $80,800 per tonne, a 1,000% increase since 2021. Research and exploration of …
Introduction: What is COP27? Every year, the United Nations holds a summit focused on taking stock of the progress made on climate targets, negotiating new global goals, and developing opportunities for decarbonizing the current economic structure. Save for a year-long delay due to COVID-19, these UN climate change summits have been happening every year since …