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Chile to nationalize lithium industry

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Chile President Gabriel Boric announced that his government will nationalize the country’s lithium industry, with the objective of increasing wealth for the country, and developing a key industry as a fundamental step to link Chile’s economic development with the change towards a green economy at a global level.

Chile 459
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Direct lithium extraction company EnergyX secures $20M in funding commitments

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Direct lithium extraction (DLE) technology company Energy Exploration Technologies Inc. The company said that the funding makes it the highest-valued direct lithium extraction technology company on the market. In 2020 global supply was roughly 315k tons; this is expected to rise to 5.5M Earlier post.) tons by 2040.

Companies 448
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Australian freight company orders 36 Volvo FL Electric trucks

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Australian express freight company, Team Global Express, has placed an order for 36 Volvo FL Electric trucks. With transport accounting for 19% of Australia’s carbon emissions, and 38% of that coming from road freight, pressure is mounting on the industry to make the shift to electric. tonnes in this application.

Volvo 448
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Cadillac CELESTIQ to be built at GM’s Global Technical Center

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General Motors will invest more than $81 million into the company’s Global Technical Center in Warren, Michigan, to prepare the campus to build the Cadillac CELESTIQ ( earlier post ). 3D Printer at GM Additive Industrialization Center. 3D Printer at GM Additive Industrialization Center. Cadillac CELESTIQ show car.

Cadillac 435
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Faurecia and Accenture partner on products and services for connected and autonomous vehicles

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UCL-led study finds climate impact caused by growing space industry needs urgent mitigation

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The rapidly growing space industry may have a greater climate effect than the aviation industry and undo repair to the protective ozone layer if left unregulated, according to a new study led by UCL and published in the journal Earth’s Future as an open-access paper. The space industry is one of the world’s fastest growing sectors.

Climate 428
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SK invests in electrofuels company Infinium

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The investment will support acceleration of Infinium’s commercial developments globally. Infinium’s technology focuses on production of liquid fuel alternatives for industries that are challenged with decarbonization today, such as long-haul trucking, marine and aviation. Earlier post.) Infinium electrofuels process.

Companies 435