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Resource report concludes Galvanic’s lithium prospect among most prolific in North America

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A recently completed resource report has validated Galvanic Energy’s Smackover prospect as one of the largest lithium brine resources in North America, with sufficient lithium to produce enough batteries for 50 million electric vehicles. An independent evaluation and technical report authored by APEX Geoscience Ltd.

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EIA: Renewable diesel increasingly used to meet California’s Low Carbon Fuel Standard; 10.1% of total diesel supplied in 2Q18

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Renewable diesel net supply to California’s fuel market has increased since the state’s Low Carbon Fuel Standard (LCFS) program went into effect in 2011, reaching 100 million gallons during the second quarter of 2018, or 10.1% Source: US Energy Information Administration, based on California Air Resources Board.

Diesel 283
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Stellantis secures low-emission lithium supply for N American EV production from Controlled Thermal Resources

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and Controlled Thermal Resources Ltd. CTR) signed a binding offtake agreement for CTR to supply battery-grade lithium hydroxide for use in Stellantis’ North America electrified vehicle production. CTR will supply Stellantis with up to 25,000 metric tons per year of lithium hydroxide over the 10-year term of the agreement.

Supplies 186
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Euro Manganese signs MoU with Statkraft for renewable energy supply for Chvaletice project

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Canada-based Euro Manganese (EMN) signed a non-binding Memorandum of Understanding (MoU) with Norwegian state-owned company Statkraft for the long-term supply of carbon-free renewable energy for Euro Manganese’s flagship Chvaletice Manganese Project (CMP) in the Czech Republic. Background.

Renewable 199
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Mercedes-Benz AG and Hydro to partner on a sustainable aluminum supply chain

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Mercedes-Benz will collaborate with Norwegian aluminum producer Hydro to reduce significantly the CO₂ footprint of aluminum in the automotive supply chain. Hydro will deliver its first volumes of aluminum with a carbon footprint below 3.0 kg CO 2 /kg Al. kg CO 2 e /kg Al —Hydro REDUXA 3.0—to —to Mercedes-Benz in 2023.

Mercedes 329
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Gevo and HCS Group to produce renewable low-carbon chemicals and sustainable aviation fuel in Europe

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and HCS Group GmbH, a long-time customer of Gevo, have signed a project memorandum of understanding (MOU) to develop and to build a renewable hydrocarbon facility at HCS Group’s site located in Speyer, Germany, which would utilize Gevo’s low-carbon sustainable aviation fuel (SAF) technology: Alcohol-to-Jet Synthetic Paraffinic Kerosene.

Renewable 303
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Stellantis and Vulcan in joint project to develop geothermal energy to supply Mulhouse Plant; assessing lithium production potential

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and Vulcan Energy Resources Limited have signed a binding term sheet for the first phase of a multiphase project to develop new geothermal projects aimed at decarbonizing the energy mix of Stellantis’ Mulhouse industrial site in France, which is home to the DS 7, Peugeot 308 and 308 SW, 508 and 508 SW and the new 408 models. Stellantis N.V.

Supplies 221