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Lithium: battery costs rise to keep ore price high
Lithium prices rose in 2021 and are now at record highs amidst a strong acceleration in demand. Demand will continue to outpace supply for now, both for the raw material (spodumene) and the chemicals (carbonate and hydroxide). Prices could stabilize later in 2022,...
Coal: China and India extract a total of 14 million tons per day
There's a reason India and China defended the future of coal at the Glasgow Climate Summit: no nation has added more coal-fired power plant capacity in the past decade than these two major emitters. China and India are currently mining a total of 14 million tons per...
Steel: Chinese blast furnace capacity at 2-year low
From Nov. 5 to Nov. 11, the blast furnace (BF) capacity utilization rate of most Chinese steel mills fell to 75.72%, standing at a two-year low since the first week of October 2019, following the fourth week of decline by another 0.71%, as Chinese steel mills...
Northvolt produces fully recycled battery cells
Swedish battery manufacturer Northvolt has announced that it has produced its first battery cell with 100% recycled nickel, manganese and cobalt at its Northvolt laboratories in the central city of Västerås. According to the company, the inputs for the NMC cathode...