ASN Chart, page-4968

Super confident ASN going to break $0.20 soon!


Lithium market news

• Battery pack prices fall to an average of $132/kWh, but rising commodity prices start to bite. For battery electric vehicle [BEV] packs in particular, prices were $118/kWh on a volume-weighted average basis in 2021.

• A lithium shortage is coming, and automakers might be unprepared. If you're not already familiar with lithium, 2022 will probably be the year that changes.

• Joe Lowry of Global Lithium says: "The lithium decade is just getting started."

• CATL's largest battery facility with planned capacity of 120 GWh begins production. CATL now has 55% market share in China.

• The DoE reported that 13 new U.S. EV battery plants are announced and expected to be operational by 2025 in addition to Tesla's Austin gigafactory.

• Europe's Northvolt $12 billion battery start-up produces its first lithium-ion cell. The first battery of its kind to have been fully designed, developed and assembled at a "gigafactory" by a homegrown European battery company.

• Chinese lithium prices soar - 2021 in review.

• What could go wrong in the electric vehicle revolution? Not enough lithium.

• GM, Volkswagen build up their battery supply chains amid electric-vehicle push.

• Korean EV battery maker LG Energy going public at record $55B valuation.

• EV battery costs set to rise in 2022 due to higher raw material costs.

• Tesla set to introduce larger Megapacks this quarter, targeting to grow Megapack production to nearly 50GWh by 2023, from 4GWh now.

• New Chile lithium contracts awarded to BYD Co. Ltd. and local firm Servicios y Operaciones Mineras del Norte. Chile court halts lithium auction days after quotas awarded.

• Singapore bourse to start cobalt, lithium contracts in H1 2022.

• Plan for decades of high commodity prices, BlackRock says. Goldman Sachs agrees.

• Rystad Energy forecasts lithium prices continuing to rise in 2022 on strong demand and tight supply.

• Serbian government revokes Rio Tinto's licences for Jadar Lithium Project. Rio Tinto's $825m Argentina lithium deal.

• Britishvolt: Electric car battery plant gets government funding.

• Dongfeng E70 launched with a solid-state battery (from JV partner Ganfeng), 50 demonstration cars delivered.