According to a study, the lithium industry will have to make immense investments to cope with e-mobility.
According to estimates, around 116 billion US dollars will have to be invested in the lithium sector over the next seven years. This is the only way to achieve the goals of the car producers. A lithium deficit is forecast from 2027. Albemarle, the world's largest lithium producer, has already acquired additional early-stage lithium projects. Saudi Arabia, for example, is now also stepping up its efforts to mine battery minerals.
The cathode market is also approaching a deficit; at least for certain cathode chemicals, the deficit has already occurred. Currently, the EU and the US have little production capacity. And the market for electric vehicles is booming. In Germany, almost 1.9 million cars are now electric, 59 percent more than last year. In China, around 6.5 million electric vehicles are on the road. China accounts for around 60 percent of new registrations of electric cars worldwide. The reason for this is the lure of subsidies and low prices.
The number of new registrations in Norway is strikingly high. There, almost 80 percent were equipped with an electric or plug-in hybrid drive in 2022. Globally, the trend toward sustainable mobility is strong. Germany's goal of having around 15 million electric vehicles populating the roads by 2030 will only succeed if registration figures roughly double. According to forecasts by the International Energy Agency, there will be more than 200 million electric cars by 2030.
It is good that there are companies that provide the necessary supply of raw materials, such as Alpha Lithium - https://www.commodity-tv.com/ondemand/companies/profil/alpha-lithium-corp/ - or Century Lithium - https://www.commodity-tv.com/ondemand/companies/profil/century-lithium-corp/ -. In Argentina, Alpha Lithium is developing two high-quality lithium projects. In Nevada Century Lithium owns the Clayton Valley Lithium Project, where the first production has already taken place successfully.
Current corporate information and press releases from Century Lithium (- https://www.resource-capital.ch/en/companies/century-lithium-corp/ -) and Alpha Lithium (- https://www.resource-capital.ch/en/companies/alpha-lithium-corp/ -).
In accordance with §34 of the German Securities Trading Act (WpHG), I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of this news is valid.
Disclaimer: The information provided does not constitute any form of recommendation or advice. Express reference is made to the risks involved in securities trading. No liability can be accepted for any damages arising from the use of this blog. I would like to point out that shares and especially warrant investments are fundamentally associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make a mistake, especially with regard to figures and prices. The information contained is taken from sources that are considered reliable, but in no way claim to be correct or complete. Due to judicial decisions the contents of linked external pages are to be answered for (so among other things regional court Hamburg, in the judgement of 12.05.1998 - 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG applies additionally: https://www.resource-capital.ch/de/disclaimer-agb/
According to estimates, around 116 billion US dollars will have to be invested in the lithium sector over the next seven years. This is the only way to achieve the goals of the car producers. A lithium deficit is forecast from 2027. Albemarle, the world's largest lithium producer, has already acquired additional early-stage lithium projects. Saudi Arabia, for example, is now also stepping up its efforts to mine battery minerals.
The cathode market is also approaching a deficit; at least for certain cathode chemicals, the deficit has already occurred. Currently, the EU and the US have little production capacity. And the market for electric vehicles is booming. In Germany, almost 1.9 million cars are now electric, 59 percent more than last year. In China, around 6.5 million electric vehicles are on the road. China accounts for around 60 percent of new registrations of electric cars worldwide. The reason for this is the lure of subsidies and low prices.
The number of new registrations in Norway is strikingly high. There, almost 80 percent were equipped with an electric or plug-in hybrid drive in 2022. Globally, the trend toward sustainable mobility is strong. Germany's goal of having around 15 million electric vehicles populating the roads by 2030 will only succeed if registration figures roughly double. According to forecasts by the International Energy Agency, there will be more than 200 million electric cars by 2030.
It is good that there are companies that provide the necessary supply of raw materials, such as Alpha Lithium - https://www.commodity-tv.com/ondemand/companies/profil/alpha-lithium-corp/ - or Century Lithium - https://www.commodity-tv.com/ondemand/companies/profil/century-lithium-corp/ -. In Argentina, Alpha Lithium is developing two high-quality lithium projects. In Nevada Century Lithium owns the Clayton Valley Lithium Project, where the first production has already taken place successfully.
Current corporate information and press releases from Century Lithium (- https://www.resource-capital.ch/en/companies/century-lithium-corp/ -) and Alpha Lithium (- https://www.resource-capital.ch/en/companies/alpha-lithium-corp/ -).
In accordance with §34 of the German Securities Trading Act (WpHG), I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of this news is valid.
Disclaimer: The information provided does not constitute any form of recommendation or advice. Express reference is made to the risks involved in securities trading. No liability can be accepted for any damages arising from the use of this blog. I would like to point out that shares and especially warrant investments are fundamentally associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make a mistake, especially with regard to figures and prices. The information contained is taken from sources that are considered reliable, but in no way claim to be correct or complete. Due to judicial decisions the contents of linked external pages are to be answered for (so among other things regional court Hamburg, in the judgement of 12.05.1998 - 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG applies additionally: https://www.resource-capital.ch/de/disclaimer-agb/
