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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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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

Green Car Congress

Eos Energy, a provider of safe, scalable, efficient, and sustainable zinc-powered long-duration stationary energy storage systems, announced Project AMAZE (American Made Zinc Energy), a $500-million planned expansion and a significant milestone to build 8 GWh of clean energy storage production capacity.

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CaFCP: 1,000 H2 stations enabling 1M fuel cell electric vehicles on California roads in 2030

Green Car Congress

The vision document describes a self-sustaining market in 2030 for fuel cell electric vehicles and renewably hydrogen, and the strategic priorities necessary for realizing it. The CaFCP document envisions 1,000 hydrogen stations enabling upwards of 1,000,000 fuel electric vehicles on California roads in 2030.

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Tesla to begin Giga Berlin expansion in first half of 2024: report

Teslarati

The expansions will begin with construction to modernize the existing facility and build a water recycling plant before initiating plans to add a second production facility and a battery recycling plant in the following years. Many attendees criticized Tesla’s changes to application documentation as the process has gone along.

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Li-Cycle receives conditional commitment for $375M loan from DOE ATVM program

Green Car Congress

The conditional commitment follows DOE technical, market, financial and legal due diligence and marks another significant milestone endorsing Li-Cycle’s development of the first commercial hydrometallurgical resource recovery facility in North America, located near Rochester, New York. Li-Cycle Holdings Corp.

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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.

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China issues draft guidelines to rein in lithium battery industry – ET Auto

Baua Electric

The guidelines also urge firms against building production facilities on protected farmland or ecologically important areas. The guidelines also urge firms against building production facilities on protected farmland or ecologically important areas.