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Search resuls for: "Sinead Kaufman"


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Rio Tinto sets up battery testing plant in Melbourne
  + stars: | 2023-06-27 | by ( ) www.reuters.com   time to read: +1 min
BRISBANE, June 28 (Reuters) - Global miner Rio Tinto (RIO.AX) is setting up a battery test plant at an Australian research hub to better understand how its minerals can work for battery makers, an executive said on Wednesday. Rio set up its battery materials business in 2021 before buying the Rincon lithium mine in Argentina the following year. It has put on ice its plans to develop a large lithium mine in Serbia, for which research and development was centred at its Melbourne research hub, due to community opposition. Kaufman said demand for lithium is expected to grow five-fold out to 2030, with a significant supply-demand deficit expected from the second half of this decade. The battery plant is expected to be operational by November.
Persons: Rio, Sinead Kaufman, Kaufman, Melanie Burton, Sonali Paul Organizations: BRISBANE, Rio Tinto, Thomson Locations: Australian, Rincon, Argentina, Serbia, Melbourne, Bundoora
Boric's shock announcement was all the more surprising as no DLE technology has reached commercial production without the use of those ponds, sparking competition to be the first. "Given those demand projections, there's definitely need for more supply from DLE," said Jordan Roberts, a Fastmarkets lithium industry analyst. A customer aiming to produce 15,000 metric tons of lithium each year, for example, could buy three stackable IBAT lithium plants. Exxon has also held talks with EnergySource Minerals about licensing DLE technology, two of the people said. Many brine deposits have varied chemical compositions, meaning it's unlikely that one DLE technology will emerge as a global leader.
Persons: DLE, Ken Hoffman, Gabriel Boric, Eramet, Sunresin, John Burba, That's, Alec Lucas, Jordan Roberts, IBAT, Garry Flowers, Eli Horton, Gavin Rennick, Sinead Kaufman, Dave Snydacker, Steven Schoffstall, doesn't, Chris Doornbos, Ernest Scheyder, Veronica Brown, Claudia Parsons Organizations: . Geological, EV Battery Materials Research, McKinsey & Co, Minerals, Battery Metals, Rio Tinto, Battery Tech, Fastmarkets, Exxon Mobil, Chevron, Reuters, Exxon, EnergySource Minerals, Koch Industries, Ford, SLB's New Energy, Mining, Solutions, BNP, BMW, Breakthrough Energy Ventures, Lake Resources, Miners, General Motors, Canadian, Imperial Oil, Thomson Locations: CHARLES , Louisiana, Europe, Asia, North America, Rio, U.S, DLE, Louisiana, Arkansas, Salton, Salt, Chile, Schlumberger, Nevada, Argentina
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