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Korea-based POSCO Holdings recently started construction of a lithium commercialization plant in Argentina. POSCO Group is the first to produce lithium hydroxide for batteries in Argentina throughout the entire process from the acquisition of mining rights to exploration, construction and operation of a production plant. Earlier post.)
Stellantis announced a $155-million investment in a copper project located in Argentina, which will make a major contribution to the company’s plan to become carbon net zero by 2038. Los Azules is an advanced-stage porphyry copper exploration project in the San Juan pro-mining province of Argentina. The company is acquiring a 14.2%
The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). New project announcements have increased the resource under development to about 30,000 MW.
has signed a letter of intent to become the exclusive licensee of Gevo’s GIFT technology in Argentina to produce renewable isobutanol. Porta is a 132-year-old family-owned company in Argentina that produces liquor, vinegars and has a 120 m 3 /day corn ethanol plant. Porta Hnos S.A. —Fernando Porta, Vice President of Porta.
POSCO Holdings recently began construction at the Yulchon 1 st Industrial Complex in Jeollanam-do (South Jeolla Province, S. Korea) of the country’s first lithium hydroxide plant, which will produce secondary battery materials using lithium produced from brine in Argentina. POSCO Group’s lithium brine demo plant in Argentina.
One of the world’s legendary investors is upping his bet on Argentina’s shale oil and gas industry in a show of confidence for shale production in South America’s largest unconventional prize—and a big boost for both supermajors and smaller players making big waves in the heart of new discovery areas. Earlier post.].
ADEME, France’s Environment and Energy Management Agency, carried out a study with IFP Energies nouvelles (IFPEN) on the dynamics of lithium supply and demand, based on different scenarios for the electrification of the global car fleet by 2050. Further, vulnerabilities could emerge from increased competition among lithium buyers.
Nissan Motor will invest $600 million in Argentina and will become an Original Equipment Manufacturer (OEM) with the domestic production there of an all-new NP300 Frontier pick-up. With the expansion, Nissan is making Argentina a key component of its regional strategy eventually to position itself among the Top 3 brands in Latin America.
The world has entered the “lithium century” almost without noticing it, but until now this critical industry lacked a central voice. Orocobre Ltd; and Pilbara Minerals, which between them account for well more than half of global lithium production. The five founding members of ILiA are SQM; Ganfeng Lithium Co., Ltd; AMG Brazil S.A.;
The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 —Felipe Munoz, JATO’s global analyst. million units in March 2020, down by 39% from March 2019. million units.
In good news for the Australian mining industry, miners produced 55,000 tonnes of lithium in 2021, a 28% increase from the 39,700 tonnes of lithium produced in 2020. This is approximately half of global production.
Rio Tinto has entered into a binding agreement to acquire the Rincon lithium project in Argentina from Rincon Mining , a company owned by funds managed by the private equity group Sentient Equity Partners, for $825 million. The project is a long-life, scaleable resource capable of producing battery-grade lithium carbonate.
Grown as a scalable cover crop in Argentina, it will be processed into a renewable fuel with best-in-class greenhouse gas (GHG) reduction. Nuseed added carinata to its global portfolio in November 2019, following a successful pilot project in Argentina and acquiring specific carinata technology from the crop’s developer.
The Nuseed Carinata production system, currently grown in Argentina, achieved best in class greenhouse gas reduction (GHG), certified by the leading independent globally recognized Roundtable on Sustainable Biomaterials (RSB). —Saipol CEO, Christophe Beaunoir.
Global demand for lithium is expected to grow as much as ten-fold over the next decade, particularly with the increasing use of lithium for batteries within multiple energy and transportation applications. Background. Uniquely high concentrations of the dissolved soft metal are found in the brine produced by the state's geothermal hotspots.
developer of the ll-electric vertical take-off and landing (“eVTOL”) Lilium Jet, and Livent Corporation , a producer of lithium products for the battery cell industry, will collaborate on the advancement of lithium-metal technology for use in high-performance battery cells.
of total global sales). It was one of the highest increases among all car categories on the global market, which can be explained by several factors, JATO said. Overall, 2018 marked a somewhat challenging year for the global car market, as sales fell for the first time since 2009, logging 86.01 million units. million sales.
The integration of OMVL will complete Juniper’s light-duty strategy to enter the mobile industrial, non-mobile industrial, and automotive segments. liter industrial engine platforms, and OMVL’s LPG multipoint injection technology. Westport’s joint venture with Beijing Tianhai Industry Co. liter and 2.4-liter liter and 2.4-liter
Driven by the rise of battery gigafactories and game-changing Powerwall and energy storage businesses, the world now finds itself at the beginning of a lithium super cycle that is all about securing new supply, much of which is poised to come from lithium superstar Argentina. This means that the new market is all about new players.
Led by an extensive team of industry experts, Argentina Lithium & Energy Corp. is expanding Argentina’s lithium potential to support a greener future through its various lithium exploration projects. The global demand for a cleaner, greener future is a goal that Argentina Lithium & Energy Corp. […].
Ricardo’s Rising-15 automotive markets include: Argentina; Egypt; Indonesia; Iran; Malaysia; Mexico; Morocco; Nigeria; Peru; the Philippines; South Africa; Thailand; Turkey; Ukraine; and Vietnam. Nissan introducing new Datsun in Indonesia. Market Background Other Asia Sales'
Orocobre Limited , an Australian minerals exploration company with a focus on developing “best of class” Lithium, Potash and Boron resources in Argentina, and a Toyota Group Company, Toyota Tsusho Corporation, will establish a joint venture to develop Orocobre’s flagship Salar de Olaroz Lithium-Potash Project in Argentina.
MIT and the IEA both have newly released reports exploring the potential for and impact of a major expansion in global usage of natural gas, given the current re-evaluation of global supplies. Globally, natural gas vehicles are a small fraction, on the order of 1%, of the close to 900 million vehicles in the vehicle parc.
Imports are coming from the typical mining countries Chile, Argentina, and Australia, which account for more than 80% of global production. Together with industry partners, the two scientists are now in the process of developing a test facility for lithium extraction.
Last year’s 12 percent slide by the Bloomberg Commodity Index —spurred by 20 percent-plus declines by industrial bellwethers like West Texas Intermediate crude, steel and platinum—came in the wake of two years of modest gains. On the contrary, certain emerging trends in the industry suggest just the opposite.
Toyota Tsusho Corp, a trading house and key Toyota supplier that Toyota owns 22 percent of, just announced that it would be jointly developing a new lithium project in Argentina with the Australian-listed Orocobre Ltd. For more information read: Toyota in Argentine Lithium Deal for Hybrid Car Push. By Eriko Amaha for Reuters. By Eriko Amaha.
—Francesco Venturini, Head of Enel’s Global e-Solutions division. Enel is planning to use JuiceNet platform’s functions in all of its EV charging stations globally. Enel has installed around 5,000 charging stations in Italy, Spain, Romania, Greece, Chile, Colombia and Argentina.
It feeds the port of Saldanha Bay, for export to a global market. ALL operates the largest independent general cargo railway in South America with a fleet of more than 1,000 locomotives and 21,000 km of railways connecting Brazil and Argentina.
Global miner Rio Tinto will invest USD 350 million at its Rincon lithium plant in Argentina as it works to begin production by the end of the year, the company said this week following Chief Executive Jakob Stausholm ‘s visit to the site.
The EnergyX team of scientists and engineers have worked relentlessly for five years developing cutting-edge DLE technology to solve the immense bottlenecks that have limited global lithium production and supply chain. We will unlock lithium supply in the US, a pivotal move in expanding the EV industry.
The latest demonstration of the viability of deepwater projects, even in the post-2014 oil industry era, comes from none other than Brazil. This should be indication enough that Brazil’s deposits hold enough appeal for an industry that has suffered a worrying shortage of new discoveries in the last few years.
Most of the world’s lithium comes from Argentina, Chile, Bolivia, Australia and China, but American resources being developed by new entrants into this market have set up the state of Nevada to become the key venue and proving ground for game-changing trade in this everyday mineral.
Lithium is among one of the costliest materials that are found outside of India, in other countries such as Chile Australia, China, Argentina, etc. In Australia, there are 2,800,000 tons of Lithium reserves and in Argentina, there are 1,700,000 tons of Lithium reserves. Exide Industries Ltd. ampere-hours to 20600 ampere-hours.
DNV GL has released a position paper on the future alternative fuel mix for global shipping. The global merchant fleet currently consumes around 330 million tonnes of fuel annually, 80-85 per cent of which is residual fuel with high sulfur content. Well-to-Propeller GHG emissions results for marine alternative fuels. Source: DNV GL.
First, demand for passenger travel may be saturating in industrialized countries. Second, recent global efficiency standards for passenger vehicles, international freight, and domestic freight present significant changes from decades of stagnation in efficiency. —Brandt et al. Emissions Forecasts Fuels Oil'
Before the use of leaded gasoline (period AD 0–1960), lead emissions from mining activities were dominant, especially during periods of the pre-Colombian cultures Tiwanaku/Wari and the Incas, the colonial era and with the increasing industrialization in the 20th century (brown, blue). Picture: Paul Scherrer Institute. Click to enlarge.
Australian miners are global companies that are leading the search for critical minerals and materials to enable the green industrial revolution. At a local level, Queensland is encouraging miners to prepare for the time when coal is no longer their main product. But there is also a lot of movement on the international stage.
India is striving to establish reliable lithium supply to bolster its growing electric vehicle (EV) industry with its recent INR 200 crore investment in lithium exploration in Argentina by the Ministry of Mines. Argentina has brine deposits, for which the extraction and processing technology is well proven. .
With global EV purchases continually rising , the sudden surge in demand has caused consumer concerns about the resultant demand for lithiu m, and the availability of this valuable resource, leading many to ask: will the world run out of lithium? How much lithium is available globally? million tons.
The desert holds the main deposits of the mineral in Chile, which is part of Latin America’s “lithium triangle” with Argentina and Bolivia. The desert holds the main deposits of the mineral in Chile, which is part of Latin America’s “lithium triangle” with Argentina and Bolivia.
India is striving to establish reliable lithium supply to bolster its growing electric vehicle (EV) industry with its recent INR 200 crore investment in lithium exploration in Argentina by the Ministry of Mines. Argentina has brine deposits, for which the extraction and processing technology is well proven. .
The Canadian stock market has plenty of small miners of all types that claim fantastic returns and special propriety technology to transform their industry. According to the latest figures from the US Geological Survey (USGS), global lithium production in 2019 stood at 77,000 tonnes. Big and Growing Market. m it reported in 2016.
Lithium is a metal that is mined in the deserts of Australia, China, Argentina, and Chile. You will save thousands on fuel and electricity and the peace of mind knowing that you are not contributing to the horribly dirty oil and gas industry. So what about the lithium used in EV batteries?
America’s electric vehicle (EV) industry seems to have hit a rough patch of pavement in recent months. In March, the Biden administration invoked the Defense Production Act, making $750 million available to the mining industry for expansion and other improvements in the production of lithium. By Brent Wilson, CEO of Galvanic Energy.
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