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The High Price Of Lithium Is Pushing A Global Scramble For The Precious Battery Metal

June 16, 2022 |By Bomoi Abdulmajid Supply shortages have pushed battery-grade lithium prices to record highs as battery demand soared amid strong global electric vehicle (EV) sales. Lithium is a key metal in EV batteries and is widely used in the form of lithium carbonate and lithium hydroxide, both raw materials for EV batteries. The […]

Elon Musk’s Starlink licensed to operate in Nigeria

By Bomoi Abdulmajid : Friday 27 May 2022 KEY POINTS Elon Musk’s SpaceX told the Federal Communications Commission in a presentation last week that its Starlink satellite internet service now has over 400,000 subscribers around the world. The company received two licenses, which include the International Gateway license and Internet Service Provider (ISP) The satellite […]

Tin: Hitech metal for the energy transition.

By Bomoi Abdulmajid Tin may be the forgotten EV metal, as other commodities gain public attention Tin is quietly gaining momentum as a performance enhancing component in all of the three generations of advanced anode materials that have been roadmapped to 2030. Tin is produced from the mineral cassiterite which occurs in deep hard rock […]

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Digital currencies: Why Stablecoins are safer than cryptocurrencies – Risk, Potential and Regulation.

By Bomoi Abdulmajid This update seeks to share concerns for Stablecoins: risks,potential and regulation See full BIS working paper here Crypto investors have become millionaires overnight, only to lose much of their wealth just weeks later. While this can be exciting to witness, it also shows the unreliable nature of popular cryptocurrencies like bitcoin. The […]

Can Metals Supply Keep Up With Electric Vehicle Demand?

By Bomoi Abdulmajid Key Takeaways 🔸Total passenger electric vehicle (EV) car sales, including hybrid electric vehicles (HEV), were up by over 24% last year 🔸Global electric car sales (with a plug) will account for 7% of all passenger car sales by 2025, 14% by 2030 and 38% by 2040. Most automotive manufacturers plan to go […]

How Staking Works in The Proof-of-Stake Consensus Mechanism.

By Bomoi Abdulmajid The process of pledging crypto assets to the blockchain in order to become a transaction validator (or node) on the network is referred to as staking. blockchain compensates nodes in its native token every time a block of transactions is authenticated and added to the chain, as they require processing power to […]


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