New lithium battery shipping safety guide
The U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA) has released comprehensive guidance to address the increasing risks associated with the transportation of lithium batteries. Published on November 21, 2024, the guidance focuses on ensuring compliance with domestic regulations and International Maritime Dangerous Goods (IMDG) rules when transporting lithium batteries in all modes of transport, including sea transport. Also read: Lithium suppliers negotiate tougher terms amid hopes of price stability Fire risk and thermal runaway Lithium-ion battery fires are often caused by thermal runaway (a chain reaction caused by damage, overheating or defects), raising serious safety concerns. If not managed effectively, these reactions can lead to explosions or fires, highlighting the need for stricter safety protocols. Coast Guard Proactive Measures In September 2024, the U.S. Coast Guard conducted a multi-agency exercise simulating an electric vehicle (EV) fire aboard the Arc Integrity at the Captain's Island Pier in Georgia. The exercise was in response to a number of high-profile ship fires…
Lithium suppliers negotiate tougher terms on price
Lithium buyers and sellers are having important annual supply discussions through 2025 as demand dynamics in the battery industry change. Producers are aiming for better terms after a challenging year for this important battery component. More details on the ongoing negotiations can be found here. Also read: Arkansas could be the future of U.S. lithium production While lithium prices are on track to fall for a second consecutive year, the steep decline seen previously appears to have reached its lowest point. IndexBox data shows that China's lithium carbonate exports in 2023 will be US$518.3 million, and imports will significantly exceed exports, reaching US$6.3 billion. The ongoing negotiations, involving major customers in the cathode, battery and electric vehicle industries, aim to limit discounts previously offered to battery supply chain customers. This strategic focus is intended to be consistent with modest improvements in market conditions over the coming year. Current deals are being discussed at discounts of 0 to 2% to the…
Vienna Airport receives IATA safe lithium certification
Vienna International Airport has achieved a major milestone by receiving IATA CEIV certification for lithium battery handling, enhancing its security protocols for air cargo. The certification, awarded by the International Air Transport Association (IATA), underlines Vienna Airport's commitment to meeting the growing demand for safe, reliable and efficient handling of lithium battery transport. Also read: Vienna Airport forms strategic partnership with Incheon Airport and Korean Air to boost cargo operations Julian Jäger, co-CEO and COO of Flughafen Wien AG, underlined the airport's position as an important cargo hub in Europe and said: "This certification strengthens our reputation as a safe and reliable cargo hub. We are committed to expanding our services , while ensuring the highest level of safety in air cargo transportation.” Michael Zach, senior vice president of ground handling and cargo operations, noted that the certification demonstrates Vienna Airport’s success in maintaining strict global safety standards. As demand for lithium batteries continues to surge, the airport’s expertise in…
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