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US DFC approves $150M conditional loan commitment for Balama graphite mine in Mozambique

Green Car Congress

The DFC loan is subject to the completion of due diligence, negotiation of detailed terms and legal documentation, DFC management approval and Syrah and Twigg Board approvals. DFC has subsequently undertaken technical, market, environmental, social and legal due diligence on Syrah, Twigg and Balama. Earlier post.)

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Tesla investors to vote on Texas incorporation, ratification of Musk’s 2018 comp plan at 2024 annual meeting

Teslarati

The document included details about the electric vehicle maker’s 2024 annual meeting of stockholders, updates regarding the company’s plans for CEO Elon Musk’s 2018 pay package, as well as an initiative to move Tesla’s state of corporation from Delaware to Texas.

Texas 125
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Albemarle signs exclusivity agreement with Mineral Resources for 50/50 lithium JV in W. Australia; $1.15B deal

Green Car Congress

The proposed JV, which remains subject to negotiation of definitive documents, would combine Albemarle’s lithium production and marketing expertise with Mineral Resources Limited’s (MRL) leading regional presence and mining capabilities.

Australia 236
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Open-Source AI Is Good for Us

Cars That Think

However our governments choose to regulate AI, we need to promote a diverse AI ecosystem: from large companies building proprietary superintelligence to everyday tinkerers experimenting with open technology. We’re unable to inspect these systems or build competitive alternatives. However, the E.U.

Legal 112
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Credit score Acceptance internet source of revenue drops 54% in Q1, however mortgage quantity up

Baua Electric

million in comparison with a month previous as the corporate put aside $114.1 million build up in its pastime expense, pushed basically by way of upper rates of interest in fresh debt, and a $14.8 million build up in working expense because the lender added engineering workforce. Credit score Acceptance Corp.’s

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Michigan Perfect Courtroom opinion has ‘vast implications’ for provider commitments, provide chain

Baua Electric

Moment MSSC in the end indubitably to a cost building up, AirBoss persevered to lose cash at the trade and ceased taking orders in 2020. On the heart of the lawsuit used to be the “blanket” acquire line between the 2 corporations. MSSC sued consequently.

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Is Your EV Charging Business Prepared to Scale?

Driivz

The number of chargers will grow from hundreds of thousands to millions to meet demand, requiring an investment of up to $180 billion until 2030 just to build charging stations . If your growth plans call for mergers and acquisitions, are you prepared to address the associated financial, legal, and operational challenges?