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Stellantis makes $155M investment in McEwen Copper Argentina project

Green Car Congress

Stellantis announced a $155-million investment in a copper project located in Argentina, which will make a major contribution to the company’s plan to become carbon net zero by 2038. Los Azules is an advanced-stage porphyry copper exploration project in the San Juan pro-mining province of Argentina. The company is acquiring a 14.2%

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POSCO to invest $830M in lithium hydroxide plant in Argentina

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South Korea-based steelmaker POSCO will invest US$830 million in a lithium hydroxide plant in Argentina. Earlier in 2021 year, POSCO broke ground on a lithium hydroxide plant in South Korea with an annual production capacity of 43,000 tons of lithium hydroxide—enough to manufacture about 1 million electric vehicles, according to POSCO.

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POSCO begins construction of S Korea’s first lithium hydroxide plant

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Korea) of the country’s first lithium hydroxide plant, which will produce secondary battery materials using lithium produced from brine in Argentina. In 2018, POSCO Holdings acquired a package of tenements from Galaxy Resources in the Salar de Hombre Muerto in Argentina in order to secure lithium preemptively.

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Mercedes-Benz Vans shows pickup truck concepts; market launch in late 2017; diesel V6

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The introduction of the one-ton pickup with seating for up to 5 people will make Mercedes-Benz the first premium manufacturer to account for the changing customer requirements in the global segment of mid-size pickups. The pickup will be launched in late 2017 in Europe under the name Mercedes-Benz X-Class. That figure is 0.5%

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GlobalData: Global lithium production to triple over the next four years

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After moderate growth in lithium supply between 2010 and 2017 of 6.4% Currently, the highest production is in Australia with 18.3kt, followed by Chile and Argentina with 14.1kt and 5.5kt respectively. It will be followed by Argentina with 29%, Canada with 16%, Chile with 9%, the US with 6%, and Mexico with 4%. million tons.

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BYD wins order for another 406 electric buses in Bogotá, Colombia

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BYD will co-work with Superpolo, a Colombian bus manufacturer, on the body part of the buses for such order. BYD entered the Colombian market in 2012 and made several milestone achievements: building the first pure electric taxi fleet in South America in 2013, entering the Bogotá BRT system in 2017. Earlier post.)

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GlobalData: growing global electric vehicle market will more than double lithium demand over the next 5 years

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This in turn will result in increased consumption of lithium and support investment in mine expansions across Chile and Australia and new mine development in Chile, Australia, Argentina and Canada. In 2017, 1.1 The largest increase will be in China, which is expected to boost its EV sales from 579,000 in 2017 to 1.5

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