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4 Crucial Commodities to Watch in 2023

Resilinc

Currently, Chile has the largest reserves of lithium and is the world’s second-largest producer behind Australia; in 2021, Chile produced 25% of the world’s lithium, while Australia produced more than half, 52%. Over 90% of solar panels include “solar wafers” which are made of polysilicon—97% of which are manufactured in China.

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What Caused the Baby Formula Shortage + 7 Ways Consumers and Companies are Coping

ToolsGroup

Data also shows that half of US states are experiencing out-of-stock rates between 40% and 50%: Image source: Flipboard. This made it incredibly difficult for manufacturers to accurately gauge the market size for production. Image source: Sturgis Journal. A Limited Number of Formula Manufacturers. Image source: MTL Blog.

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An update on copper

Resilinc

It was the first metal to be smelted (about 5,000 BC, according to Wikipedia); the first to be shaped into molds; and the first to be alloyed with another metal—tin—to manufacture a sturdier cousin: bronze. Declining ore quality from Chile, the top producing country, will lead to higher energy usage and costs for processing, according to IEA.

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How the Inflation Reduction Act’s EV Tax Credit Will Reshape Supply Chains

QAD

The automotive industry is undergoing a massive technological transformation toward vehicle electrification and the shift presents huge opportunities for manufacturers that do business in the US, especially since the passage of the Inflation Reduction Act in August 2022. What’s in the Inflation Reduction Act’s New Clean Vehicle Credit?

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COP26: 5Zs that changed the world

The Logistics & Supply Chain Management Society

15 countries, Austria, Canada, Chile, Denmark, Finland, Luxembourg, The Netherlands, New Zealand, Norway, Scotland, Switzerland, Turkey, the United Kingdom, Uruguay and Wales declared that they will collaborate towards realizing 100 percent zero emission new trucks and bus sales by 2040.

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Can the US Produce Lithium-Ion Batteries Domestically? Li-Bridge Outlines a Plan

Resilinc

Key goals of the blueprint are to improve raw material sourcing, supply domestic processing of lithium, and encourage recycling lithium. From where will the US source materials? Currently, the US significantly lags behind other countries, particularly in two areas: manufacturing knowledge and access to raw and refined materials.

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Commodities Used in Electric Car Batteries: An Update on Lithium and Nickel

Resilinc

In India, the national Production Linked Incentive (PLI) is set to encourage domestic EV manufacturing—and this is just a glimpse of the latest policies worldwide. To meet this demand and ensure a sustainable supply chain, Australia, Chile , China, and Brazil are proactively ramping up their lithium production.

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