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Coronavirus highlights US’ reliance on China for key lithium-ion battery materials supply

The US is too reliant on a battery materials supply from outside the country especially China, the CEO of battery minerals firm American Battery Metals Corporation (AMBC) has said.

Doug Cole’s comments came as the big three lithium companies telegraphed profit warnings due to coronavirus-driven logistics issues in the supply chain.

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Battery minerals

American Battery Metals Corporation (AMBC)

CBI puts world’s lead energy storage projects on the map

More than 120 lead battery-powered energy storage projects worldwide have been highlighted in a new online map by the Consortium for Battery Innovation (CBI).

The map, featured on the CBI’s web site, includes diverse case studies demonstrating successful lead battery energy storage installations from the US, to Asia and Europe.

CBI director Dr Alistair Davidson said: “We are seeing growing interest in lead battery energy storage for utility and renewables systems all over the world. The aim of this initiative is to highlight some of these installations and encourage companies to share other examples we can highlight demonstrating the variety of projects currently in place.”

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Battery minerals

Consortium for Battery Innovation

Savannah eyes batteries market in bid for Portugal mine ownership

Commodities developer Savannah Resources has said it will become the sole owner of Portugal’s Mina do Barroso lithium project in Portugal through an all-share offer valued at around US$11.9 million.

The UK-based developer, which already owns 75% of the project, said full ownership would “provide greater exposure of Europe’s most significant spodumene lithium deposit” as it’s developed and commercialised.

Savannah’s CEO David Archer (pictured) said the move was being made at a time when “legislators and battery end users in the region have come to appreciate the need for Europe to have domestic sources of battery raw materials as the region seeks to reduce emissions from the transport sector via the transition to electric vehicles (EVs)”.

Australia consortium to capitalise on battery boom

A federal- and industry-backed consortium will be established in Western Australia to position the country as “a global leader in the manufacture and supply of batteries.”

The AUD135 million (US$97m) Curtin University-led ‘Future Battery Industries Cooperative Research Centre’ (FBICRC) includes 58 industry, government, and research partners.

The Australian federal government has committed AUD25m to support the FBICRC’s development, following a $28 million commitment from partners. Western Australia’s state government seeded the bid with AUD6m.

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Battery Consortium

Future Battery Industries Cooperative Research Centre (FBICRC)

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Battery minerals