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SK On signs MOU with Global Lithium Resources to bolster key battery materials supply chain

Green Car Congress

South Korea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium. Potential opportunities for collaboration in electric vehicle (EV) and battery material supply chains.

Supplies 259
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IEA: record oil output from US, Brazil, Canada and Norway to keep global markets well supplied

Green Car Congress

Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets. mb/d in 2017.

Brazil 218
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BYD to convert former Ford plant into EV facility

Teslarati

BYD plans to convert a former Ford plant into an electric vehicle (EV) facility in Brazil. Brazil’s President Luis Inácio Lula da Silva announced BYD’s new EV factory outside Asia via Elon Musk’s X platform. The Chinese automaker plans to invest 608 million in its EV production plant in Brazil.

BYD 119
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Stellantis makes $155M investment in McEwen Copper Argentina project

Green Car Congress

We are taking important steps in Argentina and Brazil, with the aim of decarbonizing mobility and ensuring strategic supplies of raw materials necessary for the success of the Company’s global electrification plans. In Brazil, it is targeting approximately 20% low emission vehicle (LEV) sales mix by the end of the decade.

Argentina 307
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EIA: Global trade in liquefied natural gas grew by 4.5% in 2021

Green Car Congress

Bcf/d in the United States, 2.2 Last year, LNG exports increased the most from the United States, a 2.9 Bcf/d) lower during 2021 than 2020 because larger volumes of flexible LNG supplies, primarily from the United States, were shipped to Asia and Brazil. Brazil’s LNG imports increased by 0.6

Global 259
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IHS Markit: US poised to be world’s largest LNG exporter in 2022 as China becomes top LNG importer

Green Car Congress

The world’s two largest economies—the United States and China—are poised to be the world’s top export and import markets for liquefied natural gas (LNG), respectively, in 2022, according to a new report by IHS Markit. Brazil more than tripled its 2020 imports by receiving 7.5 MMt set in 2014.

Qatar 186
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ArcelorMittal Vega in Brazil strengthens automotive steel portfolio

Green Car Congress

ArcelorMittal Vega in Brazil has completed a US$10-million investment to install a new post-treatment technology on its galvanizing line #1. ArcelorMittal Vega supplies its steels to the leading vehicle manufacturers, including Honda, Renault-Nissan, Fiat, General Motors, PSA, as well as steels that are used in some parts of Daimler’s trucks.

Brazil 225