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Researchers at the US Geological Survey (USGS) and its partners have developed a new methodology to identify which mineral commodities important to US manufacturing are at greatest risk to supply disruption. The methodology evaluated the global supply of and US demand for 52 mineral commodities for the years 2007 to 2016. Nassar et al.
Daimler plans a fundamental change in its structure, splitting into two independent pure-play companies: Mercedes-Benz Cars & Vans, and Daimler Truck, which will be a spin-off the current Truck and Bus business. It represents the start of a profound reshaping of the company. This is a historic moment for Daimler.
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 tons by 2040.
The Suppliers Partnership for the Environment (SP) and the Automotive Industry Action Group (AIAG) have published a new guidance document, “ Measuring Recycled Content of Automotive Products.”. R3: Recycled portion of purchased raw material, including materials recovered or generated by other industries.
Concurrent with the closing of the round, Till Reuter, former CEO of KUKA, and David Fuller, former CTO of KUKA and current CEO of Artificial, will join the company as independent board directors. Supply chain efficiency and resiliency are top of mind for many companies today.
Tesla in Berlin, Northvolt in northern Germany and Italvolt near Turin are among the projects that stand to lose the greatest volumes of their slated capacity as the companies weigh up investing in the US instead. Battery investment in the US and China continued to grow, and European companies have already signalled expansion in America.
Neste and CIM, part of NOVEN Group in France, the leading independent French group of companies providing oil storage and supply services, are collaborating to enable the supply of Neste MY Sustainable Aviation Fuel into France. CIM, import terminal at Le Havre.
Around 80% of the approximately 7,500 GWh produced by the wind park will be supplied as green electricity for innovative technologies for CO 2 reduction and thus power the transformation of BASF sites in Germany, especially the Verbund site in Ludwigshafen. RWE will develop, build and operate the wind park. BASF will own a stake.
billion (assuming no redemptions) for the combined company, which will be renamed “TMC the metals company Inc.” and operate as The Metals Company upon closing. We looked at over 100 companies, many of them in the EV and renewable energy space. DeepGreen Metals Inc., Source: DeepGreen. Earlier post.)
CNH Industrial has entered into an exclusive, multi-year licensing agreement for electrification technologies with Monarch Tractor , a US-based AgTech company specializing in fully electric autonomous tractors. The company has secured several hundred working farms as preliminary customers.
Vale Canada and lithium-ion cell producer Northvolt AB announced a multi-year agreement for Vale to supply low-carbon nickel products to Northvolt, reinforcing the companies’ shared commitment to sustainability in the electric vehicle supply chain and electrification of the broader mining industry.
and Toyota Motor Corporation have jointly developed a fuel cell power supply vehicle that uses hydrogen to generate electricity. Many of the current generation of power supply vehicles use diesel engines to provide power to the vehicle on the road and when generating electricity.
Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc. This transaction also offers TMC shareholders exposure to a royalty company that I am confident under Brian’s leadership will become a market leader.
eFuels company HIF Global ( earlier post ) and Siemens Energy reached an agreement under which Siemens Energy will supply electrolyzers to the HIF Matagorda eFuels Facility. We face a time of incredible expansion in hydrogen production amid global supply chain challenges.
Stellantis and Australia-based Element 25 signed a binding agreement for Element 25 to supply battery-grade, high-purity manganese sulphate monohydrate (HPMSM) to Stellantis for use in electric vehicle (EV) battery packs. The geology and hence mining at Butcherbird are simple, according to the company.
The Metals Company (TMC) announced that its Australian subsidiary, The Metals Company Australia Pty Ltd., I’m thrilled that these trusted and independent institutions have agreed to undertake this research, setting a high bar for future work in this industry. —Gerard Barron, Chairman and CEO of The Metals Company.
The name “IDEAL” stands for Industry-Driven Engineering for Autonomous Logistics. We are becoming a provider of logistics robotics beyond the automotive industry. Since 2015, the innovations team from BMW Group Logistics has been working on future-focused industry 4.0 We are preparing some innovations for the coming months.
billion in 2022 as 200mm fab utilization remains at high levels and the global semiconductor industry works to overcome the chip shortage. SEMI connects more than 2,500 member companies and 1.3 After climbing to $5.3 billion last year, 200mm fab equipment spending is expected to be $4.9 Fab count is net of wafer-size conversions.
Dow and X-Energy Reactor Company entered into a joint development agreement (JDA) to demonstrate the first grid-scale advanced nuclear reactor for an industrial site in North America. X-energy manufactures its own proprietary version (TRISO-X) to ensure supply and quality control. Earlier post.)
Battery maker Octillion Power Systems will supply advanced lithium-ion batteries to Brazilian manufacturer FNM (Fábrica Nacional de Mobilidades) for the production of 1,000 electric trucks for beverage maker Ambev. Octillion and FNM announced their partnership in October 2020. Earlier post.).
time, it announced it had signed initial MoUs to scope the supply of hydrogen to chemicals ?manufacturer development of the Teesside hydrogen cluster and decarbonization of industrial users in the area. products, to scope the supply of clean hydrogen as fuel to reduce hard to abate combustion ?emissions At the same ?time,
The lithium industry needs to invest $116 billion by 2030 if the world is to meet the ambitions targets set by governments and the largest automakers, according to a Benchmark analysis. The company is also targeting 50% of all its vehicles in the US and 100% of all its passenger vehicles in Europe to be electric by 2030. million EVs.
Norwegian state-owned energy company Equinor and Germany-based energy company RWE have agreed to work together to develop large-scale value chains for low carbon hydrogen. Joint development of offshore wind farms that will enable production of renewable hydrogen as fuel for power and other industrial customers in the future.
The $10-million VH2 project is designed to bring researchers, industry partners and businesses together to test, trial and demonstrate new and emerging hydrogen technologies. CSIRO is engaging with vehicle companies such as Toyota Australia to support the future adoption and supply of FCEVs in Australia.
ANGI Energy Systems, a Vontier company announced a strategic collaboration with Nikola Corporation to support Nikola’s plan to create the largest North American open-network of commercial hydrogen refueling stations by providing technically advanced hydrogen fueling dispensers, under Nikola’s HYLA brand. Earlier post.)
This opportunity allows all parties to work together in pursuit of a decarbonized shipping industry. The company’s investors include Amazon’s Climate Pledge Fund, AP Ventures, SK, Saudi Aramco and DCVC. Skansi owns and operates 5 platform supply vessels.
Neste will supply the Air France-KLM Group with more than 1,000,000 tons (approximately 1.26 This SAF agreement is one of the largest of its kind in the aviation industry and supports the Air France-KLM Group’s commitment to a more sustainable aviation sector.
EIT InnoEnergy, the European innovation engine for sustainable energy, announced a partnership with Vulcan Energy Resources Limited (Vulcan), a start-up lithium exploration company, to produce the world’s first completely carbon-neutral lithium in Germany. Over time, production volumes are expected to increase substantially.
NYK Line, Toshiba Energy Systems & Solutions Corporation, Kawasaki Heavy Industries Ltd., The project, which will begin this month, is Japan’s first effort to develop a commercially available FC vessel and carry out a demonstration operation involving the supply of hydrogen fuel. Role of each company. ENEOS Corporation.
The company intends to locate all production steps of lithium refining in one overall plant at the Guben site. Location at the industrial site Guben South (CNW Group/Rock Tech Lithium Inc.). Our goal is to be the first company worldwide to create a closed loop for lithium. The converter is scheduled to start operations in 2024.
bp ventures has committed $10 million, leading the Series B investment round, in WasteFuel , a California-based biofuels company that will use proven, scalable technologies to convert bio-based municipal and agricultural waste into lower carbon fuels, such as biomethanol. billion metric tons by 2050.
Chart Industries and ZEV Stations executed a Memorandum of Understanding (MoU) enabling the two companies to collaborate on novel deployment for US-based, multimodal hydrogen stations with Chart equipment.
Fortescue Future Industries (FFI) has secured renewable power for its proposed Holmaneset green energy project , entering into a long-term Power Purchase Agreement (PPA) with Statkraft. Statkraft is a leading company in hydropower internationally and Europe’s largest generator of renewable energy.
Representatives from the State of Hesse, RMV (Rhein-Main-Verkehrsverbund), Alstom and Infraserv broke ground for a hydrogen filling station on the site of the Höchst industrial park in Frankfurt that will supply a fleet of 27 passenger fuel cell trains—currently, the world’s largest such.
This major investment project aims to facilitate supply chain localization, R&D activities, and the manufacturing of next-generation batteries in Europe for ProLogium. The company’s proprietary technologies are protected by more than 600 patents worldwide.
Rheinmetall has won a automobile industry order for structural parts worth a figure in the low three-digit million euro range. The scope of supply encompasses hundreds of thousands of these fully processed parts. Rheinmetall said that it won the order in the face of competition from rival companies in the pressure casting domain.
The Local Transport Authority of Lower Saxony (Landesnahverkehrsgesellschaft Niedersachsen, LNVG) was the first company to believe in hydrogen, investing in it with the order of 14 Coradia iLint trains and thirty years of maintenance and power supply. Alstom has made hydrogen history here.
E) will award $39 million in funding to 16 projects across 12 states to develop market-ready technologies that will increase domestic supplies of critical elements required for the clean energy transition. Idaho National Laboratory. Johns Hopkins University. Columbia University.
Essen-based energy company STEAG, Duisburg-based steel producer thyssenkrupp Steel and Dortmund-based thyssenkrupp Uhde Chlorine Engineers, specializing in electrolysis technology, are working on a joint feasibility study. It would thus make an important contribution to the short- and long-term supply of the steel mill. Hans Blossey.
Also, the opportunity to have acquired an advanced asset base of this quality from one of the global leaders in the nuclear energy industry is highly unique. Other highlights of the acquisition include the following: Largest US uranium mining company. With this acquisition, UEC’s sector-leading US ISR production profile increases to 6.5
This will be the first volume production of fuel cells in Norway and a hub for the Norwegian hydrogen industry. We combine a best-in-class fuel cell solution with a long history of being a trusted engineering partner to leading companies in the global maritime industry. The company is assessing potential locations.
Spain-based global energy company Repsol and Talgo, a manufacturer of intercity, standard, and high speed passenger trains, will promote a renewable-hydrogen-powered train, fostering emission-free rail transport in the Iberian Peninsula. This type of initiative puts Spain at the forefront of renewable hydrogen production in southern Europe.
The proven industrial-scale processes eliminate supply chain concerns over mass adoption. Unifrax is a large, global manufacturing company introducing game changing advanced silicon anode materials that can be used in existing manufacturing processes. million in conditional tax credits based on the company’s job creation plans.
TotalEnergies R&D program on Carbon Capture and Utilization is developing approaches for the economically viable reuse of CO 2 which is in line with the climate ambition of the company. A core piece of e-CO 2 Met is the 1 MW high-temperature electrolyzer from the Dresden-based electrolysis company Sunfire.
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