Europe

Tesla warns of upcoming battery minerals shortage

The electric vehicles pioneer is worried about the effects of booming demand for EVs will have on the supply of minerals needed to manufacture rechargeable batteries.

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INFOGRAPHIC: metals and minerals used in green and renewable power generation

Global demand for strategic minerals like lithium, graphite and nickel will skyrocket by 965%, 383% and 108% respectively by 2050, according to the World Bank’s updated 2018 projections.

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World Bank, Germany, Rio and Anglo set up “climate smart” mining fund

The World Bank is targeting a total investment of $50 million, to be deployed over a 5-year timeframe.

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American Battery Metals wants option to acquire Viken vanadium project in Sweden

The project has a Mineral Resource of 163 million pounds in the Indicated category and 16.7 billion pounds in the Inferred category.

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Sirius Minerals gets JPMorgan backing for Britain’s biggest fertilizer mine

The company’s stock fell to its lowest in more than a year — likely a market reaction to the higher funding costs and dilution from the share placing.

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