article thumbnail

SK On takes 10% stake in Australia’s Lake Resources; battery-grade lithium supply deal

Green Car Congress

SK On, a global electric vehicle (EV) battery manufacturer, signed a lithium supply deal with Australia’s Lake Resources ( earlier post ), a move that will further strengthen its key battery materials supply chain in response to robust business growth and geopolitical risks. million electric vehicles (EVs). Earlier post.).

Supplies 293
article thumbnail

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

Green Car Congress

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.

article thumbnail

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

Green Car Congress

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
article thumbnail

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

Green Car Congress

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
article thumbnail

The Metals Company and Low Carbon Royalties form strategic partnership

Green Car Congress

Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc. to finance the development and production of low-carbon fuels and energy transition metals. NORI and Low Carbon Royalties are a great fit.

Carbon 352
article thumbnail

First carbon-neutral lithium extraction project to start in Germany

Green Car Congress

EIT InnoEnergy, the European innovation engine for sustainable energy, announced a partnership with Vulcan Energy Resources Limited (Vulcan), a start-up lithium exploration company, to produce the world’s first completely carbon-neutral lithium in Germany. Earlier post.). Batteries are a key technology of our time.

Germany 491
article thumbnail

Fujitsu & Teijin in joint trials with V Frames & Advanced Bikes with recycled carbon fiber; blockchain platform

Green Car Congress

Energy consumption during long-distance transportation of resources including materials and used frames across the supply chain represents one major reason why resources are often not recycled and disposed of in a sustainable manner.