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.
The Greens have announced a $6.1 billion plan to boost the uptake of electric vehicles and reestablish auto manufacturing in its previous hub, South Australia.
Hertz, one of Australia and indeed the world’s biggest car rental companies, has announced it will be adding up to 65,000 new electric vehicles (EVs) to its fleet. While the percentage of those bound for Australia is still being negotiated, it adds to the rapid growth of our EV market – albeit from a low baseline.
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