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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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€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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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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Faurecia and Accenture partner on products and services for connected and autonomous vehicles

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Fraunhofer team developing continuous rapid production line for fuel cell components

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A team from Fraunhofer IPT is developing a continuous production line that will be able to process fuel cell components in cycles lasting just seconds. Moreover, they plan to transfer the action plan and the individual technologies for the production of fuel cells from research to industrial application. © Fraunhofer IPT.

Fuel 496
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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. Tesla is targeting production of 20 million passenger EVs by 2030. This is compared to the 915,000 tonnes LCE production in operation today.