All posts tagged: lithium ion batteries

New low-temperature process extracts battery-grade lithium with far less waste and energy

New low-temperature process extracts battery-grade lithium with far less waste and energy

Lithium sits at the center of the battery economy. Yet getting it out of rock still looks surprisingly crude. Spodumene, the world’s most common lithium-bearing hard rock, is usually blasted with heat above 1,000 degrees Celsius. After that, acids and other chemicals pull out the metal. What remains is largely waste. That old route has helped China dominate lithium refining. Even though countries like the United States and Australia hold large lithium resources of their own, China still leads the industry. Additionally, it has made hard-rock lithium more expensive than lithium drawn from brines. Yet brine extraction can place environmental strain on water-stressed regions. A team led by researchers from MIT now says it has found a way around one of the industry’s central bottlenecks. Specifically, the challenge is how to crack open hard rock without the punishing heat, heavy waste, and long chain of cleanup steps that define conventional refining. In a paper published in Science, the group describes a low-temperature, closed-loop process that extracts battery-grade lithium salts from spodumene. It also recovers alumina …

Solar to dominate energy by 2035, but AI data centers will keep fossil fuels in business

Solar to dominate energy by 2035, but AI data centers will keep fossil fuels in business

Solar will become the largest source of power in the next decade, surpassing coal, oil and natural gas, according to a new report from BloombergNEF. The tectonic shift will occur alongside a historic rise in the use of energy driven by AI and the electrification of entire industries. “Solar is winning the race,” Matthias Kimmel, head of energy economics at BloombergNEF, told TechCrunch. BloombergNEF expects the shift to happen on economic grounds alone — solar is simply too cheap to ignore. Pakistan, for example, has added 25 gigawatts of solar power in the last two years after natural gas prices spiked following Russia’s invasion of Ukraine. The transition could be even swifter if countries take more aggressive measures to curb their carbon emissions. The power handoff comes as investors are viewing energy as one of the biggest opportunities for growth in recent decades. Data centers have been at the center of the obsession, and BloombergNEF’s data reinforces the scale of the opportunity. The energy consultancy expects data centers to drive an additional 1 terawatt of …

Battery recycler Ascend Elements files for bankruptcy

Battery recycler Ascend Elements files for bankruptcy

Ascend Elements said on Friday it has started Chapter 11 bankruptcy proceedings in the U.S., a heavy blow to investors who had sunk nearly $900 million into the company.  Linh Austin, Ascend’s CEO, announced the decision in a post on LinkedIn late Thursday night. He said the company faced “insurmountable” financial challenges. Ascend’s filing comes amid a softening market for electric vehicles in the U.S. and was likely compounded by the Trump administration’s decision to cancel a $316 million grant intended for a Kentucky facility that was under construction. At the time, $204 million was disbursed, but Ascend had to look for additional capital to make up the shortfall. The market for EVs in the U.S. has hit a rough patch recently. Though sales surged prior to the end of tax credits in September last year, they haven’t quite recovered. Analysts predicted that customers who might have bought this year pulled their purchases forward to take advantage of the credit, but it didn’t help assuage automakers’ fears. Since then, several automakers have dialed back their …

Trump’s critical mineral reserve is an admission that the future is electric

Trump’s critical mineral reserve is an admission that the future is electric

The Trump administration announced this week the U.S. government would work to build a $11.7 billion stockpile of critical minerals. That’s the headline; the subtext is more intriguing. The stockpile initiative, branded as Project Vault, is the latest attempt by the administration to secure supplies of critical minerals for U.S. manufacturers and what President Donald Trump says will ensure “American businesses and workers are never harmed by any shortage.” It follows recent investments from the administration into rare earth producers, including equity stakes in miners USA Rare Earth and MP Materials. Individually, they can be interpreted as an administration taking steps to calm a part of the market that has been roiled by its own trade wars. Collectively, they’re an admission, however tacit or subconscious, that the future relies on electric technologies, including electric vehicles and wind turbines. In his announcement, Trump alluded to the world’s dependence on China for a slew of critical minerals. Over the last year-plus, China has wielded its dominance to counter tariff threats from the Trump administration, restricting exports of …