EV

Over 90% of Australia’s fuel is imported – something recent geopolitical events have illustrated is a serious vulnerability. This issue was the focus of an emergency fuel security summit held yesterday in Sydney. The event was attended by a number of industry leaders and independent members and candidates who put forward solutions to tackle the devolving situation.

Japan’s Panasonic claims its new pilot solar-plus-hydrogen facility marks the first attempt to create a factory powered by 100% renewables, via the full-scale use of hydrogen.

Australia’s inventories of critical materials for batteries have seen major increases recently, with vanadium up 23%, lithium up 8%, rare earths up 4% and platinum group elements up 185% in the year to December 2020.

West Australian company Vulcan Energy Resources, backed by mining magnate Gina Rinehart, has signed a geothermal heat energy offtake agreement with a major German energy supplier, MVV Energie. Vulcan is planning to eventually secure a lithium supply from the same deep brine source in the Upper Rhine Valley, Germany.

To encourage industry to consider the battery mineral opportunities currently sitting in neglected heaps around the country, Geoscience Australia and its partners are developing an Atlas of Australian Mine Waste. The public database hopes to highlight the opportunity in reprocessing mining waste for new markets.

A startup incubated at the Indian Institute of Technology Kanpur has introduced ZincGel battery tech, which could offer significant savings for owners of two-wheel electric vehicles.

The CSIRO will invest $50 million in four new programs to drive critical breakthroughs in electric vehicle batteries and creating storage solution which could “mimic pumped hydro.”

In other news, GM and Honda are jointly developing affordable EVs, the Biden administration holds an EV industry meeting, and Mercedes-Benz Energy agrees to supply EV batteries to BatteryLoop for its scalable, circular energy storage products.

If you’re thinking about buying an electric vehicle, whether due to soaring fuel prices or to lower your greenhouse gas emissions, where you live can make a huge difference to how climate-friendly your car is.

Mineral Resources Limited along with its joint venture partners is set to double the spodumene output of its Mount Marion Lithium mine over the course of 2022 in response to enormous lithium price due to electric vehicle demand.