Organisch says to start delivering fruits, vegetables to homes; unveils Saag Subz app

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Organisch, a Delhi-based organic products start-up focused on delivering fruits and vegetables to modern retail firms, is now all set to make a foray in the consumer delivery business. Launching  its dedicated app for Delhi/NCR region, Chirag Arora, CEO and Founder of the firm, told indoasiancommodities.com, that the firm’s plan includes deploying special carts and […]

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Lithium-Ion battery production set to quadruple this decade: Wood Mackenzie

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The global lithium-ion cell manufacturing capacity pipeline could rise fourfold to reach 1.3 terawatt-hours (TWh) in 2030 compared to 2019, a new report by Wood Mackenzie states. This total capacity refers to 119 battery manufacturing facilities that are operational, under construction or announced by more than 50 vendors.  According to the UK-based research firm, Asian manufacturers such […]

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Global oil demand may hit 100 million bpd in 2021 if economic recovery sustains: S&P Platts

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Platts Analytics sees continued growth in long-term petrochemicals and peak oil demand in 2021. Indeed, many plastics have sustained net positive growth even during the downturn over the past few months. The International Energy Agency is also skeptical of those writing the obituary for oil demand growth. “If oil demand goes back to 100 million b/d I […]

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Indonesia allows nine companies to resume nickel ore exports; all set to start battery-grade nickel plants

Indonesia has allowed nine companies to resume nickel ore exports after inspections into reports of ore export rules violations, Reuters reports. Among the companies allowed to export ore again are state-controlled miner PT Aneka Tambang and PT Trimegah Bangun Persada, according to an official document reviewed by Reuters and verified by a mining ministry official […]

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Indonesia to start construction of $4 billion EV battery project in Jan 2019

Developers will begin building a lithium battery project in Morowali, on the Indonesian island of Sulawesi, on Jan. 11, Indonesia’s Coordinating Maritime Minister Luhut Pandjaitan said last week, as reported by Reuters. The $4 billion project involves investors from South Korea, Japan and China, Pandjaitan told reporters, without naming the companies involved or providing further […]

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Chinese exports of natural graphite continue to rise; exports increase by 9% during the first half 2018

Chinese exports of natural graphite have continued to rise, reaching an estimated 180 kilo tonnes in the first six months of 2018, a 9 per cent increase on the same period the previous year. Exports which include intermediate products such as spherical graphite, are rising to meet rapid growth in demand from the battery industry. […]

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India moves to acquire cobalt and lithium capacity from abroad as focus increases on electric vehicles

India has directed three state-owned mineral companies to team up for a new venture tasked with scouting and acquiring strategic mineral assets abroad, as the country attempts to build on its reserves of key minerals like lithium and cobalt. A mines ministry official told The Economic Times last week that joint venture partners will include […]

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