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

Resilinc

To meet this demand and ensure a sustainable supply chain, Australia, Chile , China, and Brazil are proactively ramping up their lithium production. As the demand for lithium grows, experts anticipate that a worldwide lithium shortage could happen as soon as 2025 as supply struggles to keep up.

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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. The authors then used industry sources to project demand and revenue for thee fossil fuels (oil, gas, coal) vs. seven “green” metals (aluminum, cobalt, copper, lithium, nickel, silver and zinc) that are critical to building an energy economy.

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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. Sourcing of supply not only in North America demand and supply, but also in other countries provides elements of such a strategy.

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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

Declining ore quality from Chile, the top producing country, will lead to higher energy usage and costs for processing, according to IEA. Growing scrutiny of ESG impacts of mining is strengthening demand for sustainably sourced metals —but IEA worries that “higher-performing supply chains may not be sufficient to meet demand.”

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FedEx Announces New March 2022 International Shipping Surcharges

Intelligent Audit

According to eMarketer , global e-commerce retail sales will rise to $5.542 trillion this year and surpass $7.391 trillion by 2025. 1 Includes Argentina, Bolivia, Brazil, Belize, Chile, Colombia, Costa Rica, Ecuador, French Guiana, Guatemala, Guyana, Honduras, Nicaragua, Panama, Peru, Paraguay, Suriname, El Salvador, Uruguay, and Venezuela.