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SK On takes 10% stake in Australia’s Lake Resources; battery-grade lithium supply deal

Green Car Congress

SK On, a global electric vehicle (EV) battery manufacturer, signed a lithium supply deal with Australia’s Lake Resources ( earlier post ), a move that will further strengthen its key battery materials supply chain in response to robust business growth and geopolitical risks. million electric vehicles (EVs). Earlier post.).

Supplies 293
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Toyota Tsusho JV to begin lithium production in Argentina in 2013; supplies for Toyota Motor

Green Car Congress

will begin lithium production in the Salar de Olaroz Lithium-Potash Project in Argentina in 2013 through its joint venture with Australian mining concern Orocobre Ltd. Results of a feasibility study at the site, a salt lake in northwestern Argentina, showed estimated deposits of 6.4 Toyota Group company Toyota Tsusho Corp.

Argentina 218
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Ford, Rio Tinto sign MOU for battery and low-carbon materials supply to support net-zero future

Green Car Congress

Ford Motor Company and Rio Tinto have signed a non-binding global memorandum of understanding (MOU) jointly to develop more sustainable and secure supply chains for battery and low-carbon materials to be used in Ford vehicles. Rio Tinto completed its acquisition of Rincon earlier this year. Earlier post.)

Carbon 186
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GM to invest $450M in Argentina

Green Car Congress

General Motors will invest $450 million between 2013 and 2015 to expand its Rosario Automotive Complex to build an all-new global Chevrolet vehicle, Chairman and CEO Dan Akerson said Wednesday. GM Argentina produced a record of more than 136,000 vehicles at its Rosario facility in 2011. —Isela Costantini.

Argentina 231
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GM investing $650M in Lithium Americas; offtake agreement from Thacker Pass

Green Car Congress

General Motors and Lithium Americas will jointly invest to develop the Thacker Pass mine in Nevada, which is the largest known source of lithium in the United States and the third-largest in the world. Lithium Americas estimates the lithium extracted and processed from the project can support production of up to 1 million EVs per year.

America 259
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It’s too late to China-proof the lithium supply chain – ET Auto

Baua Electric

Parts of our key supply chains, including for clean energy, are currently over-concentrated in China,” US Treasury Secretary Janet Yellen said earlier this month during a visit to Chile, home to the largest lithium reserves. A third of the company’s product went to the country in 2022, overtaking the US for the first time.

China 52
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Eaton signs long-term agreement with Argentine bus manufacturer TATSA to design and supply hybrid systems

Green Car Congress

Eaton Corporation has signed a long-term agreement to design and supply Argentine bus manufacturer Tecnología Avanzada en Transporte S. with a hybrid electric power system for use in buses in Argentina and throughout South America. TATSA), a company wholly owned by Consorcio Metropolitano de Transporte S.A.,

Eaton 186