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(Bloomberg) -- Lithium producers must reinvent mining methods for the key metal used in rechargeable batteries to meet rising demand from the electric-vehicle industry, according to Standard Lithium Ltd.’s top executive.“The industry’s going to have some challenges as higher purity lithium compounds are required -- they’re going to have to reinvent themselves,” Standard Lithium Chief Executive Officer Robert Mintak said in a phone interview. “We’re not going to be saddled with 20-year-old processes and refining capabilities.”The soft silvery-white metal is a vital ingredient in rechargeable batteries of electric vehicles, including those made by Tesla Inc., and Mintak sees both challenges and supply shortages unless lithium producers turn to more unconventional methods to fulfill demand. Standard Lithium is already embracing new ways to recover lithium.The Vancouver-based company opened its first direct lithium extraction plant in El Dorado, Arkansas this month, with the facility using a new technology that allows for a 90%...
India’s aviation regulator on Tuesday said it is in negotiations with Germany over flights between the nations after German carrier Lufthansa said it was forced to cancel some flights to the South Asian country. Lufthansa earlier said on Twitter that it had been forced to cancel some flights to India after New Delhi rejected its planned flight schedule for October. A statement from the Directorate General of Civil Aviation (DGCA) said that current arrangements were resulting in an "inequitable distribution of traffic in favour of Lufthansa"....
According to the American Trucking Associations and carrier U.S. Xpress, there are a number of factors affecting how the trucking industry will pull out of 2020 and the COVID-19 pandemic. ...
Space, the final frontier. Throughout history, the expanse that exists beyond Earth has captivated people all over the world, with space exploration continuing to take giant leaps forward since Apollo 11 first landed on the moon.Now, outer space has peaked Wall Street’s interest. Given the high levels of private funding and advances in technology, the pros argue there could be major implications should space become more accessible and less expensive to reach. To this end, new markets such as satellite broadband, high-speed product delivery, reusable rockets and human space travel are emerging.Speaking to the potential opportunity, according to a recent KPMG report, by 2030, the global space industry could reach $600 billion, with it currently worth $350 billion. Bearing this in mind, we used TipRanks’ database to zero in on two space stocks reaching for the stars, so says the Street. Boasting the analyst community’s full support, both tickers have received...
We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […]...
The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 823 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of June 30th, when the S&P 500 Index was trading around the […]...
The facility in the city of Chandler will make gallium-nitride radio chips for 5G wireless data equipment, at a time when U.S. lawmakers are debating billions of dollars worth of aid to bring more chip manufacturing back to the United States. Taiwan Semiconductor Manufacturing Co Ltd in May proposed a $12 billion plant in Arizona....
