lithium

In 2021, Piedmont Lithium Inc (NASDAQ: PLL) acquired an equity interest in Atlantic Lithium (OTC: ALLIF), a London-based junior mining company with a deal that would see Piedmont garnering the ability to earn a 50% ownership interest in Atlantic Lithium’s Ghanaian lithium portfolio. The...

Iran says lithium, a key metal used in batteries of mobile phones and electric cars, has been found in the country for the very first time. What Happened: The element was discovered in the country’s western mountainous region, according to an official, reported CNBC, citing local state media...

Electric vehicle leader Tesla Inc (NASDAQ: TSLA) has dominated its subsector of the automotive market. The company’s focus on vertical integration and supply deals are two of the biggest items that may have separated the company from the rest of the pack. Here’s the latest. What...

Electric vehicle leader Tesla Inc (NASDAQ: TSLA) has dominated the EV sub-sector of the automotive industry for years. Among the items that may have helped Tesla most are its vertical integration and maintaining control over the supply of materials. One of its key suppliers is the subject of an...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk says no change in copper production is “required for the transition to sustainable energy.” What Happened: Musk made the comments on Twitter on Sunday in response to a post  that said that for “green technologies to scale up, the world...

Electric vehicle leader Tesla Inc (NASDAQ: TSLA) has dominated the sector thanks to efforts on vertical integration and large gigafactories to keep up with soaring demand. The company is expected to take things a step further with its own mining efforts, which could be coming soon. What Happened:...

Albemarle Corporation (NYSE: ALB) and a number of other stocks in the lithium sector gained ground recently, not only because the S&P 500 experienced a bullish reaction to the release of the Federal Reserve's monthly minutes, where the Fed raised the benchmark interest rate by 0.75% for a...

Nio, Inc. (NYSE: NIO) is pursuing vertical integration amid the supply crunch and input price inflation. What Happened: The Chinese electric vehicle startup is planning to set up lithium-ion battery labs and a pilot production line for batteries in Shanghai, the CnEVPost reported, citing an...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said on Tuesday it is quite possible the electric vehicle maker could buy a mining company to fuel its needs for lithium and other raw materials that go into making rechargeable batteries. What Happened: The billionaire entrepreneur, who was speaking remotely...

During the Tesla Inc (NASDAQ: TSLA) earnings call on Wednesday, CEO Elon Musk asked for more public investments in the lithium mining industry. He noted that the fundamental limiting factor for manufacturing electric vehicles is the batteries, more specifically, the lithium used to produce...

A leading electric vehicle company could be taking a new approach to getting rare earth minerals for its products. What Happened: Electric vehicle leader Tesla Inc (NASDAQ: TSLA) hired a geologist recently according to a report. Tesla does not currently mine its own materials and has not announced...

Tesla Inc’s (NASDAQ: TSLA) plans to directly mine and refine lithium at scale is a true example of vertical integration in an organization, CNBC reported on Sunday, citing Gene Munster, founder-analyst at venture capital firm Loup Ventures. What Happened:...

The surging cost of lithium could impact the electric vehicle market as the commodity is a major component for companies like Tesla Inc (NASDAQ: TSLA). Here’s what Tesla CEO Elon Musk is suggesting to help offset the rising price. What Happened: A tweet shared recently from the Twitter Inc (...

The metals and mining sector may not be the most exciting group of assets at the moment, but that could change in the coming years. The increasing demand for mining commodities has been driven by the global efforts for green energy. S&P Global suspects that supply constraints will send...

The rise in the cost of battery materials may put the brakes on EV adoption, which has been growing at a robust pace. Battery Material Prices Escalate: In February, cathode materials such as lithium carbonate and lithium hydroxide saw price increases of 452% and 510%, respectively, as compared...