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Raw material dependencies in lithium


It has been shown that dependencies are a dilemma, especially in times of crisis. Australia wants to take a new path.

Supply chains are now being planned in Australia that will do without China. Dependence on critical raw materials from China is a dangerous thing for the West, as Australia sees it. Yet the country relies on processing key raw materials at home. China as the dominant factor in the global competition for raw materials for electromobility and renewable energies should be eliminated as far as possible. The focus is particularly on lithium and rare earths, and Australia wants to position itself as a supplier in this respect. Disruptions in the supply chain have negative economic consequences. Lithium is needed for the batteries of electric vehicles as well as for wind turbines and solar plants.

In the USA, the recently passed Inflation Reduction Act is intended to make investment more attractive with regard to the battery value chain. Europe is strongly concerned with sustainability improvements. In battery production, digitization and automation are the big trends. Also, a study commissioned by the German Ministry of Economics notes that there are now 30 critical raw materials. In 2011, there were still 14. Due to the high demand for energy-efficient and high-tech innovations, there is no relief in sight. There is an increased supply risk for supply chains that are hardly diversified. And in the case of lithium in particular, there is a high degree of dependency. Lithium deposits not located in China are therefore significant.

These include, for example, ION Energy\-s – https://www.youtube.com/watch?v=DjwOXrwMIYY – lithium projects in the lithium salars of Mongolia. The mining-friendly country offers great opportunities in the lithium sector.

Nevada is home to Cypress Development\-s – https://www.youtube.com/watch?v=r2fqNB6XsB4 – Clayton Valley lithium project. Production of 99.94 percent lithium carbonate has begun.

Current corporate information and press releases from Cypress Development (- https://www.resource-capital.ch/en/companies/cypress-development-corp/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always 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 errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/

Posted by on 6. December 2022. Filed under Internet, Picture Gallery. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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