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Why New Production Sources of Tungsten Are Critical for Increased Global Supply

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and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% in the April report for the Institute for Supply Management’s Manufacturing Index. New Tungsten Production Will Open the Global Supply Chain.

Supplies 380
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WNA: global nuclear generation nears record high in 2019

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In 2020 the world’s nuclear reactors have shown resilience and flexibility, adapting to changes in demand while ensuring stable and reliable electricity supplies. GWe started supplying electricity, compared to an average annual objective for 2016-2020 of 10 GWe. —Agneta Rising, Director General of World Nuclear Association.

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SK On signs MOU with Global Lithium Resources to bolster key battery materials supply chain

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South Korea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium. Map of Western Australia showing the location of Global Lithium’s assets.

Supplies 259
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Volvo Construction Equipment investing $7.8M in battery pack production at excavator plant

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Volvo Construction Equipment (Volvo CE) announced an investment into battery pack production at its excavator plant in Changwon, South Korea. The Changwon plant in South Korea specializes in the production of excavators and is the biggest excavator production site in Volvo CE. With the SEK 80-million (around $7.8-million)

Volvo 396
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Volvo Cars inaugurates new battery assembly line at Ghent manufacturing plant

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Over the next five years, Volvo Cars will launch a fully electric car every year, as it seeks to make all-electric cars 50% of global sales by 2025, with the rest hybrids. —Geert Bruyneel, head of global production operations. I am pleased to celebrate this momentous occasion with our employees here in Ghent.

Volvo 530
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Nikkiso Clean Energy & Industrial Gases Group wins multiple hydrogen fueling station contracts in California and South Korea

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Ltd (Japan) group of companies, announced multiple contracts to provide more than a dozen Hydrogen Fueling Stations (HFS) to customers in California and South Korea. Nikkiso Clean Energy & Industrial Gases Group (CE&IG), a part of the Nikkiso Co.,

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BorgWarner supplying solenoid technology for GM global 6-speed FWD transmission program

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BorgWarner is supplying its mini direct-acting variable force solenoid (VFS) for General Motors’ global front-wheel drive 6-speed automatic transmission program (GF6). Applications exist in every major global market, including the Americas, Europe, China and South Korea.

Supplies 210