May 17, 2020

Europe Ready to be in the Spotlight at Euro Mine Expo 2014

Euro Mine Expo
Sven Renner
2 min
The mining industry gathers for the fourth time on June 10 in Sweden
As the mining industry gathers for the fourth time on June 10 in Skellefteå, Sweden, the European perspective is in focus and ready to prove itsel...

As the mining industry gathers for the fourth time on June 10 in Skellefteå, Sweden, the European perspective is in focus and ready to prove itself on a global stage.

Although Europe is rich in natural resources it is a significant net-importer of most metals and minerals needed to sustain the European economy.

The securing of long-term supply of raw materials is crucial and there is an awareness of the need to promote European mining in order to reduce the import dependency of minerals.

At EU and national levels new policies and strategies are now being developed aiming to strengthening Europe’s mineral sector.

The European Commission has stated that non-energy raw materials are vital inputs for the EU economy. At the same time access to such raw material for EU industry and citizens is becoming increasingly difficult.

At the Euro Mine Expo conference in Skellefteå, one day is reserved for the European mining industry. Amongst the speakers we find Marita Ulvskog, member of the European parliament. Ulvskog will speak on the topic Europe’s Raw Material Challenges.

An insight into the European Intelligence Network on the Supply of Raw Materials will be delivered by Juha Kaija, GTK, Geological Survey of Finland. Kaija is the project manager of European Commision´s FP7 project Minerals4EU.

Sven Renner, Head of the Global Extractive Resources at BGR (Federal Institute for Geosciences and Natural Resources), will also contribute by speaking on the topic National Mineral Strategies.

Euro Mine Expo also hosts a trade fair. Ann-Sofie Greander, sales manager for Euro Mine Expo, said: “The exhibition has been growing and will in 2014 cover more than 1600 square meters indoors. 2014 is no exception; the exhibitors registered are not only European, we will see companies from all over the globe.”

The trade fair with more than 200 exhibitors provides a unique opportunity to meet companies and forge new business contacts in exploration, mining, equipment suppliers, service and consultants.

Euro Mine Expo is held June 10-12 2014 in Skellefteå, Sweden. The International Trade Fair and Conference for the mining industry and its suppliers will be arranged for the fourth time at the very heart of Sweden’s mining industry.

More information can be found here:

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May 7, 2021

Lithium producers bullish as EV revolution ramps demand

Electric Vehicles
3 min
Lithium producers are drawing optimism from rising prices for the electric vehicle battery metal

Rising demand for lithium is stoking prices for the electric vehicle battery metal, fueling long-delayed expansions that still may not produce adequate supplies that automakers need to meet aggressive production plans.


Growing industry optimism from higher lithium prices is a change from last year when funding for mines and processing plants dried up during the pandemic.

Albemarle Corp, Livent Corp and other producers are scrambling to make more lithium, but some analysts worry the recent price jump will not spur a big enough expansion to meet a planned wave of new EV models by mid-decade.

Since January, General Motors Co, Ford Motor Co LG Energy Solution and SK Innovation Co, along with other automakers and battery parts manufacturers, have said they will spend billions of dollars on EV plants.

U.S. President Joe Biden has proposed spending $174bn to boost EV sales and infrastructure. The European Union has similar plans, part of a rush to catch up with global EV leader China.

Those moves have helped an index of lithium prices jump 59 percent since April 2020, according to data from Benchmark Mineral Intelligence, a commodity pricing provider.

The rising demand “reflects what feels like a real and fundamental turning point in our industry,” said Paul Graves, chief executive of Livent Corp, which supplies Tesla Inc. On Monday, it said it would more than double its annual lithium production to 115,000 tonnes.

Graves warned, though, that “it will be a challenge for the lithium industry to produce sufficient qualified material in the near and medium term.”


Albemarle, the world’s largest lithium producer, aims to double its production capacity to 175,000 tonnes by the end of the year when two construction projects are complete. Albemarle's Q1 profit beat expectations thanks to rising lithium prices. Chile’s SQM, the No. 2 producer, said its goal to expand production of lithium carbonate by 71 percent to 120,000 tonnes should be complete by December.

Australia’s Orocobre is paying $1.4 billion for smaller rival Galaxy Resources, a strategy designed to boost scale and help it grow faster in regions closer to customers.

“The next few years are going to be critical in terms of whether there’s enough available lithium supply, and that’s why you’re starting to see commodity prices start to ramp,” said Chris Berry, an independent lithium industry consultant.

The price gains helped Albemarle and other major producers, including China’s Ganfeng Lithium Co and SQM, post big gains in first-quarter profit and boost forecasts for the year.

Even China’s Tianqi Lithium Corp, saddled with debt due to years of low lithium prices, signaled that recovering demand should help it swing to a profit this year.

Electric Vehicles

Forecasts call for demand for the white metals to surge from about 320,000 tonnes annually last year to more than 1 million tonnes annually by 2025, when many automakers plan to launch new EV fleets, according to Benchmark.

Still, demand is expected to outstrip supply in 2025 by more than 200,000 tonnes, so lithium prices may need to rise to encourage producers to build more mines. That could boost the prices consumers pay for EVs. “Companies across the lithium-ion supply chain are in the best position they’ve been in for the last 5 years,” said Pedro Palandrani of the Global X Lithium & Battery Technology ETF , which has doubled in value in the past year.

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