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Chile to nationalize lithium industry

Green Car Congress

Chile President Gabriel Boric announced that his government will nationalize the country’s lithium industry, with the objective of increasing wealth for the country, and developing a key industry as a fundamental step to link Chile’s economic development with the change towards a green economy at a global level.

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HIF Global, Porsche and Volkswagen Group unveil new direct air capture unit to be installed at eFuels plant in Chile in 2024

Green Car Congress

At the IAA Summit in Munich, HIF Global, together with Porsche AG, Volkswagen Group Innovation and MAN Energy Solutions, announced the development and installation of a Direct Air Capture (DAC) unit at the HIF Haru Oni Demonstration facility in southern Chile in 2024. Earlier post.) Earlier post.) This is then made into synthetic fuel.

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Haru Oni e-fuels demo plant in Chile officially opens

Green Car Congress

E-Fuels company HIF Global, together with partners, authorities, and community representatives, celebrated the production of the first liters of synthetic gasoline at the Haru Oni Demonstration Plant in southern Chile. Chile’s Minister of Energy, Diego Pardow, headed the ceremony where a Porsche 911 was loaded with synthetic fuel.

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BYD wins Chile lithium extraction contract

Green Car Congress

The other lithium extraction contract, also for 80,000 tons, went to Chile-based Servicios y Operaciones Mineras del Norte SA, for an offer of US$60 million. Among the losing bidders were Albemarle, which produces 19% of global lithium, and Chile’s SQM (17%). million tons, according to the US Geological Survey (USGS).

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S&P Global: US faces new challenges meeting increased demand for critical minerals spurred by IRA

Green Car Congress

However, ensuring enough qualifying supply to meet that demand faces “considerable challenges,” according to a new analysis by S&P Global. Source: Inflation Reduction Act: Impact on North America Metals and Minerals Market Demand for copper will be 12% higher by 2035 than pre-IRA projections.

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Ground-breaking on Haru Oni eFuels plant|in Chile; Porsche to use in motor sports from 2022

Green Car Congress

neutral fuel (eFuel) in Punta Arenas, Chile. With Haru Oni, we’re bringing our power-to-X technologies to the global market. In southern Chile, we’re implementing one of the energy industry’s most exciting projects for the future and driving forward the decarbonisation of the mobility sector.

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How can Chile pioneer the global lithium market?

Innovation News Network

Discover how Chile is well positioned to become a world leader in the global lithium market with its rich reserves of the commodity. The post How can Chile pioneer the global lithium market? appeared first on Innovation News Network.

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