Demand1 for battery raw materials is expected to increase dramatically over 2040 (Figure 1), following the exponential growth of electric vehicles (EV) and, to a minor degree, energy storage system (ESS) applications. The largest increase2 in the medium (2030) and long term (2040) is anticipated for graphite, lithium. The supply1of each processed raw material and components for batteries is currently controlled by an oligopoly industry, which is highly. Demand of primary materials for batteries can be decreased as well as the criticality of raw materials supply through the adoption of various Circular Economy (CE) strategies, e.g. extending. Total battery consumption in the EU will almost reach 400 GWh in 2025 (and 4 times more in 2040), driven by use in e-mobility (about 60% of the.
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Will China continue to supply battery-grade raw materials over 2030?
China will continue to be the major supplier of battery-grade raw materials over 2030, even though global supply of these materials will be increasingly diversified. Possible supply shortages will remain.
Will China achieve independence from primary battery raw materials?
The results show that China will be the first to achieve independence from primary battery raw materials, doing so more than ten years earlier than Europe and the US for lithium and nickel and more than seven years earlier for cobalt.
Will the EU be reliant on battery raw materials?
However, it is likely that the EU will be import reliant to various degrees for primary and processed (batt-grade) materials. Australia and Canada are the two countries with the greatest potential to provide additional and low-risk supply to the EU for almost all battery raw materials.
Does the EU need a raw material supply chain?
Currently, the EU is dependent on raw material supply from non-allied countries such as China. Implications of geopolitical crises can therefore be severe and pose a risk to the supply chain. Net-Zero Industry Act and Critical Raw Materials Act function as the legislative backbone of the Green Deal Industrial Plan.
Which countries supply lithium ion batteries?
Overall, China is the major supplier for around half of the volume of three key raw materials used in Li-ion batteries (i.e. cobalt, nickel and natural graphite). The same counts for lithium refining where European capacity is currently missing altogether. More information on the bottlenecks in the various supply chain stages can be found here.
Which battery raw materials are present in the EU-28?
present in the EU-28. Figure 13 shows that in t he last 15 years the stocks of relevant battery raw cobalt, copper, graphite and lithium. Figure 13. Growth of battery raw materials in tonnes in stocks in use and hibernated, excluding lead and zinc, in the EU-27,