Tesla delivers bad news for cobalt price, boost for rare earths

MINEX Forum | May 5, 2018
img0 Wall Street is aghast at Elon Musk’s dismissive attitude toward analysts’ probing following a quarter of record (but less than expected) losses for Tesla, but the electric vehicle maker did provide some answers to questions that’s been vexing the mining industry. Benchmark Mineral Intelligence, a provider of price information and research on battery supply chains, ...

Global nickel demand could more than double by 2050 due to the rise in popularity of Electric Vehicles

MINEX FORUM | August 9, 2017
img0 Image: http://e-va.pro Observations by Tesla’s Elon Musk on the key role nickel plays in the electric vehicle boom helped inspire the world’s top miner BHP Billiton to invest in new capacity to target rising demand, miningweekly.com noted with reference to Bloomberg. Amid efforts to improve performance at its nickel operationsin Australia, Eduard Haegel, asset president of BHP’s Nickel West unit, said he “stumbled across” ...

Lithium could be the new “gasoline”

MINEX Forum | August 4, 2016
img0 Struggling with toxic air pollution levels, China is looking to alternative fuels with renewed urgency. Battery grade lithium prices have spiked in the country since 2015, with the domestic rate of electric vehicle production reaching 37,000 units through May; its highest point in the year so far according to the latest reports. The appetite for electric vehicles ...