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Rio Tinto, Mongolia resolve issues over $6.925B Oyu Tolgoi copper project; underground operations to start

Green Car Congress

Rio Tinto, Turquoise Hill Resources (TRQ) and the Government of Mongolia have reached an agreement that will move the Oyu Tolgoi (OT) copper mine project ( earlier post ) forward, resetting the relationship between the partners and increasing the value the project delivers for Mongolia.

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Elon Musk discusses potential Tesla investment with Magnolia’s PM

Teslarati

Global think tank ODI held a roundtable earlier this year that discussed Magnolia’s New Recovery Policy and where the country currently stands in the economic supply chain. According to ODI research Mongolia’s economic growth over the last decade grew remarkably at an average of 8%. Tesla proposes $3.8

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Clean Global Energy in JV for $400M Underground Coal Gasification Project in China

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Australia-based Clean Global Energy Limited (CGE) secured a Joint Venture Agreement with Beijing Yusenjiayu Environmental Protection Technology Co. Ltd of Beijing, China (YSJY ), Inner Mongolia Gu Xin Mining Co. Underground coal gasification. Click to enlarge.

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NIO unveils production electric SUV for China market; NIO ES8 to launch end of this year

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The manufacturing and supply chain that will produce the ES8 is already in place, the company said. The vehicle has been tested in Yakeshi in Inner Mongolia, where temperatures can reach -22 degrees Fahrenheit as well as Melbourne and Mildura, Australia where temperatures can reach more than 104 degrees Fahrenheit.

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Molycorp to accelerate initial start-up of new rare earth processing facility; $114M additional investment

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This acceleration also expands the diversity of global supply, which is an increasingly urgent matter for rare earth consumers. By accelerating our start-up, we also further de-risk the overall project by allowing for a more orderly and sequential start up of the various circuits of this highly complex plant. —Mark Smith.

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Benchmark: China dominates Li-ion battery supply chain

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China dominates the global Li-ion battery supply chain to the extent that removing the country in favor of European or North American alternatives will be difficult, according to analysis by Benchmark Minerals Intelligence. Despite mining less than 10% of the global supply, China refines 95% of it.

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