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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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The reality of green energy: “green metal” supply chains won’t be able to keep up

NC State SCRC

GM has committed to 30 new electric vehicles by 2025. What will happen to those manufacturers that can’t or won’t convert? The winners are the electrostates: first Australia which has all of the metals in the green seven; Second Chile (which has 42%. They go out of business?

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Ford Motor Moves Deeper Into Supply Network Vertical Integration

Supply Chain Matters

An agreement with Chile based SQM for lithium carbonite and lithium hydroxide will reportedly aide the auto maker to help Ford EV vehicles qualify for consumer tax credits under provisions of the U.S. These agreements include U.S. the globe’s third largest lithium producer, and the government of Quebec.

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4 Crucial Commodities to Watch in 2023

Resilinc

Due to electric vehicle (EV) production, demand for cobalt is expected to increase 293% by 2025. 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%.

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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.