Remove Batteries Remove Bolivia Remove Companies Remove Production
article thumbnail

Start-Up MOBI LATAM partners with EnergyX to develop Bolivian domestic lithium battery supply chain

Green Car Congress

Bolivian micro-mobility and clean energy startup MOBI has partnered with American direct lithium extraction company Energy Exploration Technologies Inc. Both companies will work towards creating a Bolivian domestic lithium battery supply chain to develop the region’s electric mobility market. EnergyX) ( earlier post ).

Bolivia 320
article thumbnail

Bolivia chooses ACI Systems as strategic partner to industrialize lithium deposits

Green Car Congress

Salar de Uyuni in the Andes in southwestern Bolivia is the world’s largest salt flat (10,582 km 2 / 4,086 mi 2 ) and holds the. The state-owned company Yacimientos de Litio Bolivianos (YLB) has now selected the German. company ACI-Systems as a strategic partner for this project. The company. The company.

Bolivia 186
article thumbnail

Bolivia and ACISA found joint venture to extract and industrialize lithium from residual brine; €300M investment

Green Car Congress

Bolivian state-owned company Yacimientos de Litio Bolivianos (YLB) and the German company ACI Systems Alemania GmbH ( ACISA ) have formed a joint venture: YLB-ACISA. With ACISA’s innovative process, the brine can now be utilized to produce lithium hydroxide profitably with a high lithium yield that is suitable for use in batteries.

Bolivia 230
article thumbnail

Brine-to-battery company EnergyX secures $450M funding agreement with Global Emerging Markets

Green Car Congress

Lithium and battery technology company Energy Exploration Technologies announced a $450-million investment commitment from Global Emerging Markets (GEM). The proceeds from this capital investment will further the company’s commercialization efforts of its direct lithium extraction and refinery technologies.

Global 199
article thumbnail

Mexico forms state-run company to mine lithium: Litio para Mexico

Green Car Congress

Mexico has formed a state-run company called Litio para Mexico (LitioMx) to mine the country’s lithium. million tons of identified lithium resources, ranking the country 10 th in the world behind Bolivia, Argentina, Chile, the US, Australia, China, Congo, Canada and Germany. According to the USGS, Mexico has 1.7

Mexico 284
article thumbnail

Tesla battery supplier CATL plans to acquire lithium mining company in Canada

Teslarati

Tesla battery supplier Contemporary Amperex Technology (CATL) has set plans in motion to acquire Canada-based Millennial Lithium. ” Chile, Argentina, and Bolivia make up the “Lithium Triangle,” holding more than 75% of the world’s lithium supply in their salt flats.

Canada 145
article thumbnail

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

Green Car Congress

High growth in demand for lithium batteries is spurring three-fold growth in mine production of lithium over the next four years, with 86kt of new lithium metal capacity coming on stream, according to data and analytics company GlobalData. million tons; Bolivia, 9 million tons; Chile, 8.4 million tons.

Chile 240