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Global geothermal industry passes 12,000 MW operational

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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.

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Decoding The Complex Supply Chain In The Electric Vehicle Industry

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  The electric vehicle industry is not just about cutting-edge technology and zero-emission vehicles. The supply chain in the EV industry is a complex ecosystem that spans multiple continents, involving various components, raw materials, and intricate processes. Here are some major global suppliers in the EV industry.

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Lithium producer SQM’s net income in 2022 soars almost 7x from 2021 to $3.9B

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Sociedad Química y Minera de Chile S.A. In Chile, we have reached a run-rate of 180,000 metric tons of high-quality lithium products while working to further expand our lithium carbonate and lithium hydroxide capacity. As the company continues with lithium capacity expansion in Chile, it expects to invest approximately US$1.4

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IRENA: diversifying critical material supply chains minimizes geopolitical risks

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Australia (lithium), China (graphite, rare earths), Chile (copper and lithium), the Democratic Republic of Congo (cobalt), Indonesia (nickel) and South Africa (platinum, iridium) are the dominant players. As a result, the industry is highly concentrated, with few controlling a significant portion of global production and trade.

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BHP and Rio Tinto to collaborate on new tailings technology

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The first project will involve testing the application of an innovative large-volume filter unit at a BHP copper mine in Chile, which would remove up to 80% of the water in the tailings stream before it is deposited in a storage facility. Responsible management of tailings and improved water use is a big part of that.

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Nature Materials editorial urges reconsideration of approach to battery regulation in Europe

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An open-access editorial in the journal Nature Materials observes that the porposed new regulations for the European battery industry could actually make the electrification of transport harder. At the same time, the EU has proposed new regulations on battery technologies that aim to also make the industry more sustainable and less polluting.

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GM leads $50M funding round in EnergyX; advanced lithium extraction and refining technology

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We will unlock lithium supply in the US, a pivotal move in expanding the EV industry. —Teague Egan, CEO, EnergyX In 2022, EnergyX became the first firm to design, build and commission an in-field pilot plant in the Lithium Triangle (Chile, Argentina, and Bolivia), which encompasses more than 65% of the known global lithium reserves.

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