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Northern Graphite closes acquisition of two graphite mines; 3rd largest non-Chinese graphite company

Green Car Congress

The acquisitions will provide Northern with 40-50,000 tonnes per year (tpy) of graphite production capacity in Québec and Namibia, which will make it the third-largest non-Chinese natural graphite producing company. million in lease payments for use of the land and buildings.

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Faraday Future receives manufacturing equipment from Guangzhou MINO at Hanford plant

Green Car Congress

In China, MINO provides BIW intelligent manufacturing lines for Mercedes-Benz, BMW, Audi, Ford, Volkswagen, General Motors, Great Wall, Geely, GAC, SAIC, BAIC as well as other Chinese domestic and foreign automotive manufacturers, and exports products to the United States, Germany, Japan, Mexico, South Africa, Malaysia and other countries.

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Agreements reached on trans-Guinean infrastructure in milestone for Simandou iron ore project

Green Car Congress

Rio Tinto and the Simfer joint venture (Simfer) reached an important milestone by concluding key agreements with the Republic of Guinea (West Africa) and Winning Consortium Simandou (WCS) on the trans-Guinean infrastructure for the world class Simandou iron ore project. The Simfer joint venture comprises Simfer S.A.,

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China become the sector’s biggest car exporter in Q1 2023, surpassing Japan

Baua Electric

Tesla China, SAIC, Chery, Geely, Stunning Wall Motors, Changan, and BYD are a number of the largest participants to Chinese language car exports. These days, SAIC is the biggest Chinese language car exporter with its MG emblem contributing essentially the most to this stellar efficiency. 37 million automobiles.

Japan 52
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Europe will miss 2030 chip market goal, says ASML CEO – ET Auto

Baua Electric

Europe will miss its goal of raising its share of the global computer chip market to 20% by 2030 because it is not building manufacturing capacity fast enough, semiconductor equipment maker ASML CEO Peter Wennink said. “If you want to get to 20%, you just have to calculate how much you need to build here.”

Europe 52
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IEA forecasts global oil demand to reach 101.6 mb/d in 2023; non-OECD countries lead expansion

Green Car Congress

Preliminary data for May show total OECD stocks building by 6 mb. As the refinery maintenance season winds down in the US, Europe and Asia and a rebound in Chinese throughputs gathers pace, global refinery activity is set for a solid recovery, IEA forecasts. OECD industry stocks also rose, by 42.5 mb below the 2017-2021 average.

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Skeleton Technologies joins Flying Whales program to develop next generation of heavy-lift, large-capacity airships

Green Car Congress

European ultracapacitor manufacturer Skeleton Technologies will join French firm Flying Whales’ program to build a 60-ton Large Capacity Airship (LCA60T, for the global transport market. Skeleton Technologies will join the program to help design and build hybrid propulsion for the LCA60T’s electric power systems.

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