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American Resources Policy Network
Promoting the development of American mineral resources.
  • Automakers turn to U.S. Market as Potential Source of Lithium

    We’ve said it before, EV battery technology is the new black – and if the metals and minerals fueling this technology are not yet on your radar, you’ve clearly missed the memo.  Even the oil industry is coming to grips with this new reality. As our friends from Benchmark Mineral Intelligence report:

    “For the first time ever, the oil industry has acknowledged lithium and electric vehicle battery raw materials via BP’s Statistical Review of World Energy 2018.”

    Says Simon Moores, managing director of Benchmark Mineral Intelligence and member of the ARPN panel of experts:

     “While the subject of lithium has been on the radar of Big Oil in recent years, this is the first-time lithium has been publicly acknowledged by the oil industry. We have entered a new era for commodities.”   

    While the United States was the the largest Lithium producer in the world in the 1970s, today, for a number of reasons, U.S. production lags far behind that of Chile, Australia, and several other nations, according to USGS.

    The ongoing EV revolution, in which China has long jockeyed for pole position, is driving automakers to look for ways to decrease their reliance on China for their Lithium needs, and in doing so, they are increasingly turning back to the United States as a potential source of supply. As Reuters reports:

    “The United States produced only about 2 percent of the world’s lithium last year, from a single mine in Nevada. But it has around 13 percent of the world’s identified resources, according to the U.S. Geological Survey (USGS). Higher prices could make mining profitable. In May, the United States counted lithium among 35 critical minerals, which could up speed up mine permitting.”

    Reuters cites a U.S. automaker the spokesperson of which, on condition of anonymity, said that “given its close proximity and the opportunity to diversify the supply chain, we would certainly be interested in U.S.-based lithium sources – as long as it is sustainable, environmentally friendly, and competitively priced.”

    Just this past week, following the completion of a pre-feasibility study, a promising resource estimate was released for Nevada-based project.  While challenges will remain, as “some of the deposits will require as-yet untested technology for extraction,” experts, including our friends at Benchmark Mineral Intelligence, believe that at least one or two U.S.-based projects could enter production in the next four to five years.

    Much will depend on the domestic policy environment, where changes are on the horizon. If U.S. policy-makers and other stakeholders make good on their recently-found commitment to comprehensive resource policy reform, the United States could once more become the mineral resource power house it once was – and Lithium could be on the forefront of this development.

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  • Supply Chain Timelines Warrant Comprehensive Policy Approach – A Look at Lithium

    In case you haven’t noticed, EV battery technology is the new black.

    With Lithium being one of the key metals driving this technology, our friends at Benchmark Mineral Intelligence have looked at the material’s supply chain – and the time it takes to develop the respective components of it.

    As Simon Moores, managing director at Benchmark Mineral Intelligence and member of the ARPN panel of experts, captioned the graphic below in a recent tweet: “The three parts of the lithium ion battery supply chain live in different worlds. Lithium suppliers need to stay well ahead of the demand curve … at the moment they are behind.”

    The chart serves as a great reminder of why resource policy can’t occur in a vacuum – and why it is crucial for policy makers to think strategically and comprehensively.

    Thankfully, the U.S., which has long had the dubious honor of having one of the lengthiest permitting processes for mining projects among the leading mining nations, has embarked on a quest to streamline the policies hampering the responsible development of our nation’s mineral riches. As friends of ARPN know well, U.S. competitiveness and national security are at stake.

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  • Benchmark Mineral Intelligence’s World Tour Returns to U.S. this May

    Our friends from Benchmark Mineral Intelligence – formidable experts when it comes to battery tech and the mineral resources driving it – are returning to the U.S. in May for another round of their World Tour. This year’s tour will “focus on the supply chains for the next generation of battery technologies,” and seek to [...]
  • Senate Energy Committee Zeroes in on Energy Storage Revolution – Where Will the Battery Megafactories Get the Minerals and Metals They Need?

    Just last week, we highlighted the surge in EV technology and its implications for mineral resource supply and demand.  A timely subject – as evidenced by the fact that the U.S. Senate Committee on Energy held a “Full Committee Hearing “to Examine Energy Storage Technologies” this week. Simon Moores, Managing Director of Benchmark Mineral Intelligence [...]
  • China Jockeys for Pole Position in EV Industry

    ARPN followers know it’s the elephant in the room. China. Already vast and resource-rich, the country has demonstrated an insatiable appetite for the world’s mineral resources and has pursued an aggressive strategy to gain access to the materials needed to meet the world’s largest population’s resource needs. Thus, it comes as no surprise that China [...]
  • EVENT: Experts to Discuss Critical Mineral Supply Chains and Energy Storage Revolution

    Our friends at Benchmark Minerals are back in town and they’ve done it again: The team led by Benchmark Minerals Managing Director and ARPN expert panel member Simon Moores has once more put together a great lineup for a half-day event in Washington, DC this Wednesday. Speakers like David Abraham, Director of the Technology, Rare [...]
  • Cobalt – First Steps Towards Reducing Mineral Resource Dependencies?

    A recent piece for InvestorIntel zeroes in on a metal which, due to its growing use in battery technology, coupled with a challenging supply scenario is increasingly afforded “critical mineral” status – Cobalt. A co-product of Nickel and Copper, the metal’s recent history, as author Lara Smith argues, has been “chaotic.” ARPN agrees that about sums it up. Criticism regarding the [...]
  • Event: Benchmark Minerals World Tour Comes to Washington DC

    If you are based out of Washington, DC or happen to be in town on October 21, here’s an event you should not miss: Our friends at Benchmark Minerals, a U.K.-based price data collection and assessment company specializing in the lithium ion battery supply chain, are taking their Benchmark World Tour to Washington, DC.   ARPN expert and Benchmark [...]
  • Is Lithium the New Black?

    At a time when mineral commodities have been slumping, one material is proving to be the exception to the rule, leading many to hail lithium as “a rare bright spot for miners, amid cratering prices of raw materials tied to heavy industry such as iron ore to coal.”  Via our friend Simon Moores, managing director [...]
  • The “Electronification of Everything” Raises Specter of “War Over the Periodic Table”

    Via our friend and ARPN expert Simon Moores’ Twitter feed, we came across a three-part must-read series for Bloomberg View, in which author and policy expert David S. Abraham discusses the role of rare earths in today’s increasingly high-tech world.   Perhaps most interestingly, Abraham clarifies a common misconception in part two of the series: “Although [...]

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