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Rio Tinto invests in InoBat

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The investment follows a Memorandum of Understanding signed in May, outlining an intention to work together to progress the establishment of a “cradle-to-cradle” electric vehicle battery value chain in Serbia. InoBat is actively pursuing plans to build a number of gigafactories, including one in Serbia. Rio Tinto’s $2.4-billion

Serbia 319
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Rio Tinto and InoBat partner to explore full life-cycle lithium battery initiative

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Rio Tinto and InoBat, a European battery technology and manufacturing company, signed a Memorandum of Understanding to work together to accelerate the establishment of a “cradle-to-cradle” battery manufacturing and recycling value chain in Serbia.

Serbia 321
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Rio Tinto commits $2.4B for Jadar lithium project; planning 58,000 tons/year lithium carbonate by 2029

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billion to the Jadar lithium-borates project in Serbia, one of the world’s largest greenfield lithium projects. The project remains subject to receiving all relevant approvals, permits and licences and ongoing engagement with local communities, the Government of Serbia and civil society. Rio Tinto has committed $2.4 Earlier post.)

Serbia 397
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Rio Tinto to invest ~$200M to progress the Jadar lithium project to feasibility study stage; jaderite

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Rio Tinto has approved an additional investment of almost $200 million to progress the next stage of the development of the lithium-borate Jadar project in Serbia. The unique mineral— jadarite —was discovered by Rio Tinto geologists in 2004 near the city of Loznica in Western Serbia.

Serbia 243
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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

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The report also places question marks over projects in Serbia and Spain by InoBat, which recently secured incentives for a joint venture with an American company in Indiana. T&E called for production targets, tax breaks and grants to scale up battery manufacturing while fully upholding Europe’s environmental standards.

Companies 430
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Pre-series-production eActros 300 Tractor drives 3,000 km from Germany to Turkey for testing

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Test engineers chose a route across Austria, Slovenia, Croatia, Serbia and Bulgaria for the trip. The eActros 300 Tractor can be charged with up to 160 kW; the three battery packs need a little more than an hour to be charged from 20 to 80 percent at a standard DC fast charging station with a charging current of 400 A.

Turkey 397
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UNECE Adopts Type Approval for Electric and Hybrid Vehicles’ Electric Safety Requirements; Applies in 41 Countries

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The new version of the regulation offers car manufacturers the legal instrument to put into the market passenger and commercial vehicles with greener standards, reducing the costs and delays associated with multiple approvals in various countries. Tags: Electric (Battery) Europe Fuel Cells Hybrids Plug-ins Policy Standards.

Hybrid 199