Featured

Webinar: Lithium Market with Branislav Grbovic & Eduardo Muñoz & Júlio Santos

6 Views
Published
Check out our new video where we overview the lithium market and discuss global 2021 and future trends with our expert GUESTS FROM THE FIELD:

• Branislav Grbovic. Branislav is a Project Director & Regional Director for Southern Europe at Wood plc at Perth, Australia. Branislav specialises in design and project management, minerals processing plants, research and development of technologies and equipment in the area of technology transfer. Branislav managed and executed major international projects and studies in: Australia, South America, South Africa, Southern Europe, India among many others. He is also a member of the team that established Wood's office in South Africa in mid-2000. (hhttps://www.linkedin.com/in/branislav-grbovic-988bba5b/

• Eduardo Javier Muñoz. Eduardo is a CEO at EVshare, California Area. EVshare fosuces on Decentralized Power-Transportation. EVShare is a zero-carbon mass transportation system owned by local communities that transports clean energy as well as people and goods. Eduardo is global CEO for ArqBravo Group Companies, a sustainable mobility innovation company. As the company's CEO is in charge of establishing operations, strategic alliances, articulating efforts with private and governmental institutions for problem-solving. (https://www.linkedin.com/in/eduardo-javier-munoz-/)

• Júlio Santos. Julio is a Geologist at TTT Resources, Portugal. He is also Extraction Manager at SPM. Since 2007 Julio has been working as geologist and consultant in Copper, Zinc, Lithium, Cobalt and REEs projects in Europe (Portugal, Spain, Norway) and Africa (Angola). Since 2017 Julio has been integrating several technical teams involved in lithium exploration projects in Spain and discovering lithium resources in Western Europe. (https://www.linkedin.com/in/julio-santos-geologist123456/)


Find data: https://app.indexbox.io/analyze/283691/0/
Read the report: https://www.indexbox.io/store/world-lithium-carbonate-market-analysis-forecast-size-trends-and-insights/
Register for free: https://www.indexbox.io/events/global-lithium-carbonate-market-2021/

Follow us:
https://twitter.com/indexbox
https://www.linkedin.com/company/indexbox
https://www.facebook.com/indexbox.global

Hey everybody!
We are hosting a 40-minute live webinar on the lithium carbonate market.
Join us to get the main macroeconomic statistics around the production and trade, and talk over the challenges and the nearest future of the market.
We invite speakers from the industry to share their thoughts on how they are going through this difficult time.
Listen to stories from entrepreneurs from around the world and share yours!Key Trends and Insights
The second half of 2020 saw an increase in lithium demand, following the growth of the lithium-ion battery market. This sector accounts for 71% of global lithium consumption. After a fall during the pandemic, the market is forecast to expand to 200K tonnes by 2030 owing to quickly developing electric vehicle and electronic device industries, particularly in China (IndexBox estimates).
Amid the global course towards a circular economy, the number of planned lithium-ion reprocessing facilities is increasing worldwide. Lithium-ion batteries can be recycled, which now especially important against increasingly stringent environmental standards.
Despite the Covid crisis, technological and geological exploration companies secured diverse and reliable supplies of lithium for battery manufacturers, by establishing vertically integrated strategic partnerships and coordinating teamwork.
Overproduction and dwindling demand during the pandemic resulted in a fall in prices on the lithium market. In 2020, spot prices in China fell from the beginning of the year through to November: prices for lithium carbonate fell from $7.1K per tonne to $6.2K per tonne, from $7.8K per tonne to $7Кper tonne for lithium hydroxide and from $83Кper tonne to $71K per tonne for metallic lithium. In the USA, the average annual price of lithium carbonate stood at $8К per tonne in 2020, a drop of 37% against 2019 prices.
The development of the electric vehicle industry, particularly in China, and electronic devices should generate further lithium market growth. Despite competition from lithium substitute products (calcium can be used in batteries as an alternative to lithium), the lithium market is set to expand rapidly over the next decade.
Current lithium reserves exceed 21М tonnes, and continuing geological exploration worldwide implies that the number of lithium deposits detected should increase. Thus, no potential lithium shortages are expected in the next decade. The largest lithium reserves are located in Chile (9.2M tonnes), Australia (4.7M tonnes), Argentina (1.9M tonnes) and China (1.5M tonnes).
Category
Management
Be the first to comment