Recycling Can Cut Lithium, Nickel Demand By 25% Globally By 2050: IEA Updated On Mon, Nov 18th, 2024 by Saurenergy The recycling of battery metals is emerging as a significant commercial opportunity, with the production of recycled metals such as nickel, cobalt, and lithium witnessing rapid growth, albeit from a low base. According to the recent report by International Energy Agency (IEA) recovered metal volumes rates relative to the available feedstock for recycling surged to […] Read more
Global Push For Lithium Intensifies To Meet Surging EV Demand: IRENA Updated On Thu, Oct 17th, 2024 by Saurenergy Critical minerals, especially lithium, have become key components in meeting the growing demand for electric vehicles (EV). These elements are essential to support the booming electric vehicle industry. Apart from lithium, which has witnessed a surge in demand, there has also been increased demand for other critical minerals like cobalt, graphite, and nickel, according to […] Read more
Exide Industries Invests Rs.100 Cr For Bengaluru’s Lithium-ion Plant Updated On Fri, Oct 11th, 2024 by Saurenergy Kolkata-based battery manufacturing company Exide Industries Limited recently announced infusion of about ₹100 crores into its subsidiary, Exide Energy Solutions Limited (EESL), to manufacture and sell lithium-ion battery cells, modules, and packs. The company has made a total investment of ₹2,852.24 crore. The equity investment in EESL, on a rights basis, aims to fund this […] Read more
Battery Recycling Can Slash Global Lithium Demand By 46%: RMI Updated On Mon, Aug 5th, 2024 by Saurenergy A latest report from global energy think tank–RMI said that mineral recycling can aid in slashing the global Lithium demand by around 46 percent. Battery demand is expected to surge in the coming years. To meet this demand, RMI said that rather than focusing solely on new extraction, countries can focus on battery recycling. Currently, energy […] Read more
India Finds Lithium Resources in Madhya Pradesh, Karnataka Updated On Fri, Jul 26th, 2024 by Saurenergy Minister of State For Earth Sciences Jitendra Singh in his recent statement before the Parliament talked about the steps taken by the government to expedite the exploration of Lithium in areas beyond Jammu and Kashmir and Rajasthan. The minister shared that Atomic Minerals Directorate for Exploration and Research (AMD), a constituent unit of Department of Atomic […] Read more
Budget: Provision For Critical Minerals, Lithium To Boost EV Growth Updated On Tue, Jul 23rd, 2024 by Saurenergy The latest budget announced by Union Finance Nirmala Sitharaman announced several interventions that can fuel the growth of Electric Vehicles (EVs) and battery industries across the country. In the recent budget released by the minister in the Parliament, she announced to reduction the Basic Customs Duty (BCD) to zero on critical minerals and numerous components. […] Read more
2x More Efficient Lithium Metal Batteries Closer To Reality Updated On Thu, Jul 11th, 2024 by Saurenergy Poised as the replacement for the standard that are lithium-ion batteries, Lithium metal batteries offer double the energy storage per unit volume. This technology could enable lower charging rates, with electric vehicles covering double the distance and phones lasting twice as long. At present, lithium metal batteries are unable to go into production because of […] Read more
Will China’s Price Woes In Lithium Battery, Module Sectors Mean Further Drops In India? Updated On Mon, Jul 8th, 2024 by Saurenergy For two of the biggest energy bets made by China in the past decade, namely, battery storage and solar manufacturing, June continued to bring bad news in terms of price trends. Lithium Prices Continue to Fall Taiwan based TrendForce has released a report saying that June saw a significant drop in lithium prices due to […] Read more
Amara Raja To License Gotion’s LFP Technology For Lithium Ion Cells In India Updated On Tue, Jun 25th, 2024 by Saurenergy Amara Raja Advanced Cell Technologies Pvt. Ltd (ARACT), a wholly owned subsidiary of Amara Raja Energy & Mobility Ltd (ARE&M), one of India’s leading battery manufacturers, has signed a technical licensing agreement with GIB EnergyX Slovakia s.r.o., a subsidiary of Gotion High-Tech Co Ltd. As part of the agreement GIB EnergyX will license Gotion’s world […] Read more
