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Pilbara Minerals Lifts Lithium Exports as Electric Cars Take Off

Lithium miner Pilbara Minerals is ramping up shipments of hard-rock lithium concentrate amid rising prices for battery raw materials and projections of an eight-fold demand increase from the electric vehicle market by 2030.

Prices for lithium, the key ingredient in the batteries that power electric cars and store renewable energy, have been under pressure from an influx of new producers and supply outpacing demand.

While COVID-19 has taken a toll on new electric car sales, lithium prices have stabilised in recent months and are tipped to rally as electric carmakers expand production and governments unleash “green” stimulus packages across the world. Read more…..

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Amazon.com Founder & CEO Jeff Bezos joins Internet Association President & CEO Michael Beckerman on stage at Internet Association’s 2017 Annual Charity Gala at Union Station in Washington, DC. The two discussed Blue Origin, pitching Amazon in the early days of the internet, addressing success and failure in business, and his hopes for the future of humanity.

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