Researchers have found a way to prevent lithium plating in electric vehicle batteries, which could lead to faster charging times.
New research out of the University of Michigan shows that cracks in the positive electrode of lithium-ion batteries reduce charging times.
Goldman Sachs said rising usage of electric vehicles (EV) was a "key pillar of copper's bullish story", forecasting copper demand from the sector to amount to 1 million tonnes (mt) this year, rising to 1.5 mt in 2025.
Exxon Mobil (XOM.N) has agreed to develop more than 6,100 lithium-rich acres in Arkansas with Tetra Technologies Inc (TTI.N), the second move this year by the oil giant for control of assets needed to produce the electric vehicle battery metal.
Lithium Americas Corp. has initiated construction at its Thacker Pass lithium project in Humboldt County, Nevada. The project is aimed at producing 80,000 tonnes per year of battery-grade lithium carbonate, divided into two phases of 40,000 tpa each.
This step ensures highest quality output and minimal environmental impacts.