Chinese, U.S. & European cos own majority of clean energy raw material
Mining and trade of most of the 'key energy transition minerals' such as copper, lithium, nickel, cobalt, graphite and rare earth supply chain are owned by Chinese companies.
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Budget 2024: Start-ups bat for GST cut on lithium-ion battery waste
Battery recycling startup Lohum expects the government to reduce the goods and services tax (GST) on waste lithium-ion batteries from 18% to 5%.
India’s Quest For Rare Minerals
Country takes steps to secure supplies of strategic lithium, cobalt, nickel, molybdenum, vanadium and light rare earth elements. But it promises to be a long and arduous journey.
Battery raw material shortages can derail EV sales and carbon offset plans
EV projections show demand for these materials ranging from two to 12 times the current levels by 2030, depending on the mineral, with the largest growth rate for lithium.
Vital minerals, metals for clean energy dominated by one country—China: IEA
China accounts for 58% of Lithium processing which is key to new battery solutions.
