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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%
China’s Tsingshan , the world’s largest producer of stainless steel, will invest $375 million to build a lithium plant in Argentina with French multinational mining and metallurgy company Eramet. Our decision to carry out our lithium project in Argentina is in line with the dynamic of strong market growth. Background.
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.
Germany-based Evonik Industries is building a new plant for manufacturing catalysts for biodiesel production in Argentina. It will primarily serve markets in Argentina and Brazil, with an annual capacity of more than 60,000 metric tons. The detail engineering of the facility is already complete.
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.
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.].
Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices. by Nick Cunningham of Oilprice.com.
Calgary-based Lithium Chile has ownership in the largest high-grade lithium reserves in the world comprising 79,900 hectares in Chile and 23,300 hectares in Argentina. —François-Philippe Champagne, Minister of Innovation, Science and Industry. Zangge Mining Investment (Chengdu) Co.,
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 Agile is the first model of the Viva family; Project Viva represents a US$400 million investment by GM un Brazil and Argentina. The Agile is targeted for emerging markets such as Brazil, Argentina, Paraguay and Uruguay (Mercosur). GM began doing business in Brazil in 1925. In 2008, it posted record annual sales (548,941 vehicles).
to construct multiple isobutanol plants in Argentina using corn as a feedstock. As one of the leading engineering, procurement and construction (EPC) service providers to the ethanol industry in Argentina, Porta would provide the EPC services for the projects. Patrick Gruber, Gevo CEO.
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. Australia is the global leader in lithium production in 2021, with Chile (26,000 tonnes), China (14,000 tonnes), and Argentina (6,200 […].
lithium carbonate product from its industrial-scale pilot plant operations at the Rincon Lithium Project in Salta Province, Argentina. Argosy has a current 77.5% (and ultimate 90%) interest in the Rincon Lithium Project in Salta Province, Argentina and a 100% interest in the Tonopah Lithium Project in Nevada.
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.
More generally, vulnerabilities economic, industrial, geopolitical or environmental issues are still possible. Production is currently concentrated between Australia (40%), Argentina and Chile (50% between them). Further, vulnerabilities could emerge from increased competition among lithium buyers.
The world has entered the “lithium century” almost without noticing it, but until now this critical industry lacked a central voice. The crust of earth contains an average of about 60 parts per million (ppm) or 0.006% while sea water typically contains 0.18 ppm Li (0.0018%).
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). Nuseed Carinata is processed by Saipol, Europe’s largest biodiesel producer, at the Grand-Couronne plant in France.
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.
billion bushels of corn in 2010-11 and USDA projects that 5 billion bushels will be used by the ethanol industry. When USDA first started reporting corn used for ethanol in May 2004, it listed the gross corn bushels as simply “ethanol for fuel,” giving the impression that 100 percent of each bushel is used for fuel ethanol.
Currently, virtually all of the lithium used in the US is produced outside the country—most is mined in Argentina, Chile, China, and Australia. California has vast lithium deposits—potentially as much as one-third of the world's current lithium demand according to some industry estimates. Earlier post.).
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.
Rio Tinto has completed the acquisition of the Rincon lithium project in Argentina for $825 million, following approval from Australia’s Foreign Investment Review Board (FIRB). It has the potential to have one of the lowest carbon footprints in the industry. Earlier post.). —Rio Tinto Chief Executive Jakob Stausholm.
The Aemetis plant was built in 2008 to produce biodiesel and refined glycerin using large volumes of lower-cost, non-food by-products from the edible oil industry as feedstock to supply the biofuel, pharmaceutical, and industrial markets.
BYD has been officially selected as the recommended company by the evaluation committee in Argentina for the purchase of 50 electric buses on behalf of the Ministry of Environment. BYD begun the promotion of its technologies in Argentina in 2011 through its local subsidiary, especially those related to electric vehicles and public transport.
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. The industry is being impacted largely by the uncertainty for the future, and this issue started to arise even before the pandemic took hold.
with a hybrid electric power system for use in buses in Argentina and throughout South America. As a member of the Argentine commercial vehicle industry, TATSA is engaged in an expansion process in both domestic and international markets. TATSA), a company wholly owned by Consorcio Metropolitano de Transporte S.A.,
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.
The relationship with DynaProTech comes at a time where China is expected to increase spending in the alternative-energy vehicle industry. billion) in the alternative-energy vehicles industry during the next 10 years. DynaProTech represents the sixth international dealer agreement Balqon has established since the beginning of 2010.
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. […].
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.
Australia’s Department of Industry, Science and Resources released the December 2022 edition of the Resources and Energy Quarterly (REQ). This rapid growth is forecast to be met by gains in output by Australia, Chile and Argentina. This will make lithium Australia’s sixth-largest resource and energy commodity export.
China is stepping up its pursuit of control of the lithium supply chain, underpinned by the rapid growth of its lithium-ion battery industry building on agressive policy surrounding electric vehicle sales, according to metals and mining consultancy Roskill.
However, production losses in Argentina are likely to be approximately 35% in 2020, as already delayed expansion plans become delayed further, Roskill said. Roskill anticipates 2020 production losses in Chile to be kept below 20%.
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
Argentina is the world’s fourth-largest lithium producer, with a pipeline of projects led by international companies set to ramp up in the coming months. Argentina is the world’s fourth-largest lithium producer, with a pipeline of projects led by international companies set to ramp up in the coming months.
Many carmakers felt the effects of trade tensions between the world’s biggest economies, political changes in key markets, and new threats to the status quo of the industry. Last year could be considered as the beginning of a new era for the automotive industry. —Felipe Munoz, JATO’s global analyst. —Felipe Munoz.
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.
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.
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.
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.
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. GE Transportation has an installed base of some 1,200 GE locomotives in Africa including approximately 900 in South Africa.
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