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HIF Global, Porsche and Volkswagen Group unveil new direct air capture unit to be installed at eFuels plant in Chile in 2024

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At the IAA Summit in Munich, HIF Global, together with Porsche AG, Volkswagen Group Innovation and MAN Energy Solutions, announced the development and installation of a Direct Air Capture (DAC) unit at the HIF Haru Oni Demonstration facility in southern Chile in 2024. Earlier post.) Earlier post.)

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BYD wins Chile lithium extraction contract

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Chile’s Ministry of Mining awarded China-based BYD a contract to extract up to 80,000 tons of metallic lithium. The other lithium extraction contract, also for 80,000 tons, went to Chile-based Servicios y Operaciones Mineras del Norte SA, for an offer of US$60 million. million tons, according to the US Geological Survey (USGS).

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Consortium led by POSCO, Samsung SDI to build $54M cathode materials plant in Chile for EVs

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A consortium led by South Korea’s POSCO and Samsung SDI, and including China’s Sichuan Fulin Industrial Group and Chile’s Molyment, has won a bid to build a cathode materials plant in Chile to support that country’s Li-ion batteries project.

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Rockwood Holdings to invest $140M in new lithium carbonate plant in Chile

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plans to invest $140 million in a new lithium carbonate production plant in Chile. The new investment, along with the company’s current $75-million expansion program in the United States, will increase total annual production capacity to 50,000 metric tons of lithium carbonate equivalent by end of 2013. Rockwood Holdings, Inc.

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ExxonMobil and Porsche testing biofuels and lower-carbon eFuel in race conditions

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ExxonMobil and Porsche are testing advanced biofuels and renewable, lower-carbon eFuels as part of a new agreement to find pathways toward potential future consumer adoption. Porsche and ExxonMobil’s collaboration will also focus on eFuels, which are synthetic fuels made from hydrogen and captured carbon dioxide. Earlier post.).

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Study calls for reduction in car ownership, battery size and vehicle dependency to limit environmental impact of surging lithium demand

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Some level of mining is necessary to build out zero-emission energy systems, the report concedes, but notes that the volume of extraction is not a given. The authors examined four cases of lithium mining: Argentina, Chile, the United States, and Portugal. This boom in demand would be met by the expansion of mining. Riofrancos et al.

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Australia forecasts lithium export earnings of $16B in 2022-23, up from $5B in 2021-22

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Australia’s lithium production is forecast to grow from 335,000 tonnes of lithium carbonate equivalent (LCE) in 2021–22 to 399,000 tonnes in 2022–23 and 470,000 tonnes of LCE in 2023–24. This rapid growth is forecast to be met by gains in output by Australia, Chile and Argentina. billion in 2021–22 to $16.1 billion, and $17.0

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