What is Battery Metals Market Scope?
The battery metals are expected to grow during the forecasted period due to the growing electronics and metal mining industry. Metals like steel, zinc, manganese, potassium are used in making of battery in a certain percentage. These metals are used in lithium, nickel, cobalt, and other batteries. The battery metals are used for various applications in different industries like electronics, mining, automotive, and manufacturing industry.
The market study is being classified, by Application (Lighting & Ignition, Electric Vehicles, Electronic Devices, Stationary Battery Energy Storage (BES) and Others) and major geographies with country level break-up.
Albemarle Corporation (United States), Glencore plc (Switzerland), Sherritt International (Canada), Neo Lithium Corp (Canada), Sumitomo Metal Mining Co., Ltd. (Japan), Silver Cobalt Works Inc (Canada), Samsung SDI Co (South Korea), Umicore N.V. (Belgium), LG Chem Ltd. (South Korea), American Battery Metals Corporation (United States), Vale S.A. (Brazil), SK Innovation (South Korea) and Jiangxi Ganfeng Lithium Co., Ltd. (China) are some of the key players profiled in the study.
AdvanceMarketAnalytics has segmented the market of Global Battery Metals market by Type, Application and Region.
On the basis of geography, the market of Battery Metals has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
On 6th March 2020, American Battery Metals Corp. announced that they have entered into a definitive agreement to acquire Fenix Gold Inc., a private company. Under the terms of the Definitive Agreement, American Battery will issue 29,000,000 common shares to the shareholders of Fenix as consideration for all of the issued and outstanding shares of Fenix (the "Consideration Shares").
On 7th January 2020, American Battery Metals Corporation a premier High Technology Lithium-ion Battery Recycling, Extraction, and Resource production company based in Nevada, announced plans for the immediate launch of its battery recycling plant in Nevada, USA.
Influencing Market Trend
- Increasing Consumption of Battery Metals in the Lighting and Ignition Applications
- Rising Canadian Mineral Production
- Demand for the Battery in the Electronics Industry
- Increasing Production of Electric Vehicles
- Surging Metal Mining Activities in the Developing Nation will Boost the Battery Metals Market
- Risk of Adverse Impact of Battery Metals on the Environment
- Stringent Regulatory Norms and Guidelines Associated with the Production of Battery Metals
Key Target AudienceBattery Metals Manufacturers, Battery Metals International Traders, Battery Metals Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
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