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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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ARPA-E to award up to $45M to support developing marine CO2 removal industry; SEA CO2

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The US Department of Energy (DOE) Advanced Research Projects Agency - Energy (ARPA-E) will award up to $45 million in funding to support a new program aimed at facilitating the development of the marine carbon dioxide removal (mCDR) industry through scalable Measurement, Reporting and Validation (MRV) technologies.

CO2 468
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€24M EU project HyInHeat researching use of hydrogen in aluminum and steel industry

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The EU project HyInHeat is researching the use of hydrogen in the aluminum and steel industry. The main objective of HyInHeat is the integration of hydrogen as fuel for high-temperature heating processes in the energy-intensive industries. The EU is contributing €17.7 million in funding to the €24-million project.

Hydrogen 440
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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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Nuvera and DD DANNAR partner to develop mobile fuel cell power for diverse industries

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Nuvera Fuel Cells, LLC, a provider of fuel cell power solutions for motive applications, is teaming with DD DANNAR, LLC (DANNAR) on an integration project to develop hydrogen fuel cell power solutions to markets in need of clean power options that may include municipalities, fleets, military applications, agriculture and mining.

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Vancouver-based Ceylon Graphite granted industrial mining licence for M1 mining project in Sri Lanka

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announced the renewal of the Industrial Mining Licence for the Malsiripura, M1 mining project in Sri Lanka (known as Ceylon until 1972) from the Geological Survey and Mines Bureau (GSMB). Vancouver-based Ceylon Graphite Corp. The Licence grants exclusive rights to mine graphite from within the M1 mining area.

Sri Lanka 417
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Benchmark: Lithium industry needs more than $116B to meet automaker and policy targets by 2030

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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. They don’t want to flood the market with lithium too quickly. The big money that needs to be spent takes time to get approval for and to deploy.

Industry 369