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Liontown Resources rejects US$3.7B acquisition proposal from Albemarle

Green Car Congress

Liontown Resources, an emerging battery minerals producer based in Australia, has rejected an unsolicited, conditional and non-binding indicative proposal from Albemarle Corporation, in which Albemarle would acquire all of the shares in Liontown at a price of A$2.50 per share—valuing the company at approximately US$3.7

Australia 259
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Motiv Power Systems delivers nine electric box trucks to Community Resource Project

Green Car Congress

Motiv Power Systems announced the deployment of nine electric box trucks with Community Resource Project (CRP). Motiv’s Ford eQVM-approved Electric Powered Intelligent Chassis (EPIC) E-450 chassis were outfitted with work truck bodies by Rockport Commercial Vehicles and purchased through South Bay Ford.

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UPS to purchase ~700 LNG trucks, build 4 refueling stations by end of 2014

Green Car Congress

UPS plans to purchase approximately 700 liquefied natural gas (LNG) trucks and to build four refueling stations by the end of 2014. An initial investment of more than $18 million to build fueling stations will be supported by the purchase of the 700 LNG tractors and continued expansion of the natural gas fleet in the US.

Las Vegas 273
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Building a BEV is Not a License to Use Resources Inefficiently

EV Adoption

And so to reduce GHGs as quickly as possible, this means we need those vehicle buyers to choose as their next “vehicle” purchase an alternative vehicle type or powertrain that meets their needs, budget, and use cases — including regular hybrids, PHEVs, getting rid of a car, e-bikes, mass transit, NEVs, etc. Chevrolet Volts (18.4 kWh battery).

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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. The purchase price for Albemarle’s 50% interest in the JV would be US$1.15

Australia 236
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INEOS to build new hand sanitizer plant in UK in 10 days to make 1M bottles per month; to replicate in Germany

Green Car Congress

INEOS, a leading chemcial manufacturer, announced it will build a UK factory to produce 1 million bottles of hand sanitizer per month within 10 days and will replicate this in Germany. Supplies to NHS hospitals will be free of charge for the period of the crisis with the public being able to purchase bottles through retailers.

Germany 221
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Westwater Resources is building a facility in Alabama to process one of the largest graphite deposits in the US

Charged EVs

Q&A with Jon Jacobs of Westwater Resources Everyone in the EV industry is talking about the IRA and the BIL, two sets of federal regulations that include strong incentives for automakers to establish domestic supply chains for EV raw materials and components. Charged : Graphite’s a hot property these days. Tell us about Westwater’s plans.

Alabama 52