Peru targets local lithium battery production, official says

Peru targets local lithium battery production, official says

From mining.com

Peru wants to produce lithium batteries domestically, a government official said on Wednesday, joining other Latin American nations with lofty ambitions to industrialize their resources of the ultralight metal needed to power electric vehicles. “We are already starting to act to see if we can develop a battery industry,” said Jaime Chavez, Peru’s vice minister of mines, at the Perumin mining industry conference. Peru is the world’s No. 2 copper producer and an attractive destination for global miners. It has some lithium deposits in the southern region of Puno which are currently being explored by American ... (full story)

- Older Stories
Gold, Silver and Other Metals Jump Wed., Sept. 28
From coinnews.net|Sep 28, 2022
Precious metals advanced Wednesday, posting robust gains that ranged from 2.1% for gold to 3.8% for palladium. Increases in gold and palladium were their second in a row while ...
'Copper is the new lithium'; these metals are facing 'shortages' - Nicole Adshead-Bell
From kitco.com|Sep 28, 2022
As the U.S. and Europe move towards more electricity use in transportation and energy, copper will rise in demand even as supply crunches remain, said Nicole Adshead-Bell, ...
Metals Market Commentary: Todd Colvin, 9/28/22
From youtube.com/cmegroup|Sep 28, 2022
Gold climbs to $1,660 in its steepest rally since March. Todd Colvin examines.

- Newer Stories
IBJA Urged Policy Change to Close Loophole in Gold Import Policy
From scrapmonster.com|Sep 28, 2022
The Indian Bullion and Jewellers Association (IBJA) requested the Ministry of Finance to fix a loophole in the system which helps bullion importers to classify their refined gold ...
What’s Causing the Fed’s "Sticky" Inflation Problem?
From youtube.com/markets|Sep 28, 2022
The US economy’s inflation problem isn’t going anywhere, but its inner dynamics are constantly evolving. How are the sources of inflation changing and why is the Fed now concerned ...
This Ultra-Rare Gold Patek Philippe Watch Could Fetch $2 Million at Auction This Fall
From robbreport.com|Sep 28, 2022
Phillips has picked one incredible vintage Patek Philippe to lead its blockbuster Hong Kong watch auction this November. The Ref. 2499 in question is considered a holy grail ...

Related Stories