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Northern Graphite closes acquisition of two graphite mines; 3rd largest non-Chinese graphite company

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All deposits have high quality flake graphite that is suitable for all battery and industrial applications. The acquisitions will provide Northern with 40-50,000 tonnes per year (tpy) of graphite production capacity in Québec and Namibia, which will make it the third-largest non-Chinese natural graphite producing company.

Namibia 284
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Chinese steel group Tsingshan investing $375M to build lithium plant in Argentina with Eramet

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interest, and will retain operational management responsibility; its partner Tsingshan is financing the plant construction in exchange for 49.9% For this project with high value creation potential, our partner Tsingshan will provide its industrial expertise and financing capabilities needed for the construction of the plant.

Argentina 335
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Euro Manganese enters offtake term sheet with battery-maker Verkor

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The Chvaletice resource is the only sizeable, classified resource of manganese in the European Union. Pricing is subject to a floor price which ensures the company will meet its project financing debt covenants. This term sheet is the company’s first term sheet for a long-term offtake.

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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

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How Electrifying Transport and Chinese Investment are Playing Out in Indonesia —focuses on nickel as a critical mineral, but has implications for the broader minerals and materials supply chains needed for broad-scale energy transition. Global Nickel Trade and Chinese Dominance. The detailed report— Need Nickel?

China 416
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Hyundai Motor partners with regional firms to establish H2 fuel cell commercial vehicle ecosystem in China

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Tangshan city government in the Jing-Jin-Ji area is pushing ahead with a plan to construct a hydrogen industry cluster facilitating development of fuel cell electric vehicles, especially heavy-duty trucks, logistics and urban maintenance vehicles. In addition, it plans to promote a pilot operation business of fuel cell electric vehicles.

Hyundai 356
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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

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The project will build a new plant in Chattanooga to produce 30,000 metric tons per year of graphite targeted at the electric vehicle industry. NAM will deploy its advanced, cost effective and environmentally friendly process technology to provide a ~60% reduction in carbon intensity relative to the traditional Chinese synthetic graphite.

Parts 459
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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

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China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese Auto Industry Development Report. Developing the industrial system. L/100km (40 mpg US) or less.