Manganese

• NEW YORK, Nov. 9, 2023 /PRNewswire/ -- The global lithium-ion battery market size is estimated to grow by USD 198.26 billion from 2022 to 2027, according to Technavio.
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  The augmented demand for consumer electronics is a major driver for the growth of the lithium-ion battery market during the forecast period.
• The growing popularity of fuel cell solutions is a major challenge hindering the global lithium-ion battery market growth.
• The train battery market is estimated to grow at a CAGR of 5.45% between 2022 and 2027.

• In 2019, 30% of the electric vehicle (EV) models available worldwide were sports utility vehicles (SUVs).
• As with many other batteries, the lithium-ion cells that power the majority of electric vehicles rely on raw materials such as cobalt, lithium and nickel.
• Batteries for electric SUVs demand that up to 75% more raw materials are extracted from the environment than this.

But that’s not all

• The production of batteries is also a highly carbon-intensive process, with emissions increasing as batteries grow in size.
• For example, the CO₂ emissions resulting from materials processing and battery manufacturing can soar to levels 70% higher for electric SUVs compared to smaller EVs.

• Adding to the complexity is the EU’s recent decision to mandate a minimum proportion of recycled material in new EV batteries.
• As of 2021, regulations have required that 6% of the nickel and lithium, and 14% of the cobalt in EV batteries must be sourced from recycled materials.

We need clean electricity

• But, as the energy sources used to generate electricity are influenced by factors including availability and the dynamics of the energy market, the carbon intensity of the electricity supply can often vary.
• Even if electricity grids do become cleaner, the increasing demand generated by the need to charge these larger batteries could put pressure on power grids.
• Transmission and distribution systems were designed at a time when power plants were large and centralised, and electricity demand was relatively low.
• Utilities companies are working to reinforce electricity grids worldwide by, for example, building more lines to transfer the additional power.

Motorists are increasingly opting for large electric SUVs. But the environmental impact of these vehicles should not be underestimated. The relentless demand for battery materials and electricity raises the question of whether SUVs will continue to be a viable green option.
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The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

• With our second Impact Report, we detail how we can responsibly tap the planet's largest source of key battery materials to supply the energy transition while minimizing its environmental, climate and social impacts.
• Benchmark’s LCA shows the NORI-D Project model performed better in almost every impact category analyzed than all the land-based routes analyzed.
• TMC’s 2022 Impact Report was prepared using the Global Reporting Initiative (GRI) Standards as guidance.
• To access TMC’s 2022 Impact Report, click here .

• VANCOUVER, British Columbia, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to announce that it has signed a Lease Agreement (the "Agreement") with CEZ a.s. ("CEZ") for access to land owned by CEZ that is required for the development of the Chvaletice Manganese Project (the "Project").
• Land access to approximately 60% of the Proven + Probable manganese Reserves in the Chvaletice tailings area secured via the Lease Agreement with CEZ.
• Together with previously announced land access agreements, the Company has now secured access to approximately 85% of the total Reserves of the Project.
• Euro Manganese and CEZ (the "Parties"), have signed a definitive Lease Agreement granting the Company access to CEZ-owned land in the historic Chvaletice tailings area.