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MercoPress, en Español

Montevideo, May 10th 2024 - 09:37 UTC

Tag: lithium batteries

  • Monday, April 3rd 2023 - 09:06 UTC

    EU should reconsider electric cars-only plans: not enough lithium

    If implemented as planned, the initiative would make the price of lithium skyrocket and, even then, there might not be enough mineral available

    Europe's plans to ban all fossil fuel-powered vehicles by 2035 might be thwarted by the world's lithium supply not being large enough, according to a Financial Times report published Sunday. If the European Union is to switch to electric cars, demand for lithium will skyrocket and there would not be as much supply, the article noted.

  • Monday, October 8th 2018 - 13:03 UTC

    Evo opens strategic plant in lithium industry process

    “It is a pride for Bolivians, this plant is one hundred percent Bolivian,” said Morales.

    Bolivian President Evo Morales Sunday opened a potassium chloride industrial plant in Uyuni, department of Potosí, which is expected to have a yearly output of 350 thousand tons and is a part of the country's strategy for the industrialization of lithium.

  • Thursday, July 30th 2015 - 15:55 UTC

    Warren Buffett And Elon Musk To Spark A Lithium Boom

    Smart phones, tablets, laptops, and other consumer electronics demand more lithium. But the largest driver for lithium use will be in electric vehicles

    The age of electrification across the transportation sector, the solar panel revolution, and Tesla's battery giga-factory are igniting a battle for the cheapest battery. That will transform lithium into a boom-time mineral and the hottest commodity on the energy investor's radar. It has been easy to take lithium for granted.

  • Tuesday, September 25th 2012 - 14:22 UTC

    Chilean company and global leading lithium producer strengthens market position

    SQM offered to pay 40.6 million dollars for the 20-year concession

    The world leading lithium producer SQM has won a tender to develop a lithium concession in Chile, which produces around 40% of the metal, used widely in hybrid vehicles and computer and smart-phone batteries, the Mining Ministry said on Monday.