Business, Fuel

Lithium Miner Albemarle Lifts Outlook as EV Battery Demand Surges

Albemarle Corp., the world’s largest producer of lithium, raised its outlook for the second time this month as tight supply and growing electric vehicle demand forces battery makers to pay up for the metal.

Yvonne Yue Li | Bloomberg News
May 24, 2022
Business, Technology, Fuel

US Loosens China’s Grip on Lithium Battery Industry

The U.S. is narrowing the gap on China’s dominance of the $46 billion lithium-ion battery industry thanks to investments from Tesla Inc. and the Biden administration’s policy push to drive growth of electric vehicles.

Yvonne Yue Li | Bloomberg News
October 7, 2021
Business, Logistics

Top Stainless Steel Maker Roiled by Supply Chain Woes

In another sign of how supply chains are being snarled all over the world, a leading U.S. maker of stainless steel was forced to declare force majeure at its Kentucky mill because it can’t get enough of the industrial gases it needs.

Yvonne Yue Li | Bloomberg News
July 12, 2021
Government, Business, Technology, Logistics

Electric Vehicles Are Starting to Buoy the Global Metals Market

The market gloom over the metals that will power the cars of the future is starting to lift.

Yvonne Yue Li | Bloomberg News
July 7, 2020