... Department of Industry, Science, and Resources. Global lithium production in 2024 is expected to reach 1.28 million tons, while consumption will be "only" 1.16 million tons (in lithium carbonate equivalent, one of the products derived from lithium).... ... million tons in lithium carbonate equivalent), with supply exceeding demand by 11%. Another factor in the surplus will be the electric vehicle market reaching maturity, a stage when consumer choice is driven not by novelty but by competition in costs. ...

... India, China will lead the growth in global oil consumption. Currently, China accounts for 16% of global liquid hydrocarbon consumption, while Russia contributes 11% of global production, stated Igor Sechin, Secretary of the Commission on Energy Development ... ... generation ahead" of Chinese technology, he adds. A strategically important area of cooperation could involve direct electricity supplies from Russia to China. Currently, electricity is delivered via the high-voltage Amurskaya–Heihe line, which ...

... credit rates, which hindered investment and demand in the economy: management estimates that due to the high cost of borrowing, consumption of metal products in Russia fell by ~15% in the first half of the year, particularly impacting demand from construction ... ... Alphabet shares rose by about 1% on the news, instilling optimism in other megacap companies. Tesla – The world's largest electric vehicle manufacturer disappointed the market with its quarterly report. While Tesla's revenue continued to grow due to ...

... traders, who would then supply it to Moldova. Adjustments to gas delivery points—e.g., transferring ownership to Moldova in Romania—could also work, provided Moldova guarantees full delivery to Transnistria. Romania’s Role Romania could supply electricity to Moldova in case of a blackout, but this raises competing priorities as Romania already supports southern Ukraine. Limited winter energy exports and increased domestic consumption in Romania complicate matters, especially as renewable energy output declines during this period. Conclusion The situation hinges on political and logistical decisions, including Ukraine's stance on transit, Moldova’s ability to secure ...

... they reflect on the oil, gas, and coal markets? The article examines key points, including OPEC's actions and changes in energy consumption. Stay updated on the developments in the energy world and learn how they may affect your business and the economy ... ... global decarbonization goals, many states find themselves compelled in the short term to increase coal burning to ensure stable electricity generation. The United States is experiencing a genuine "coal renaissance." In the first five months of ...