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TI Fluid Systems to supply wide range of fluid products for Mercedes-Benz global electrified vehicle platforms

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TI Fluid Systems (TIFS), a leading global supplier of automotive fluid systems technology, has launched high volume production supply of various fluid products for the global Mercedes-Benz AG programs C-Class, GLC and E-Class hybrid electric vehicles (HEV). Mercedes-Benz is a key strategic OEM for TIFS. Fluid systems—e.g.,

Mercedes 170
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Vanadium Recovery Project targeting significant increase in vanadium production in Europe with low emissions

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The VRP won’t have any waste streams and will set a new precedent for circular economy practices in metals processing. Critical has executed a 10-year slag supply agreement with Scandinavian steel giant SSAB to access approximately 2Mt of stockpiled high-grade vanadium-bearing Slag from three operating steel mills.

Europe 243
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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

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Efforts to decarbonize steel production are central to the net-zero aspirations of China, Japan, Korea and the European Union. The next ten years could see a massive expansion of steel capacity to meet demand in growing economies, such as India. China will continue to play a pivotal role. BAU is business-as-usual.

Hydrogen 221
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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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Significant growth in the global middle class, expansion of emerging economies and an additional 2 billion people in the world will contribute to a 35% increase in energy demand by 2040, according to ExxonMobil’s latest Outlook for Energy report. The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply.

Energy 252
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USGS records nonfuel mineral production jump of $3.6B in 2022

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Recycling provided the only source of domestic supply for antimony, bismuth, chromium, germanium, tin, tungsten, and vanadium. China was the leading producing nation for 30 of the 50 critical minerals (including 14 lanthanides).

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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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July, 2008 : The Australian government published the Garnaut Report, a comprehensive study of the effects of climate change on the country’s economy ( earlier post ). Given that China’s economy is still growing, such a strategy is unlikely to result in year-to-year emissions reductions for several decades.

Climate 236
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PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

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The low annual rate of global reduction of carbon emissions per unit of GDP needed to limit global warming to 2 °C—based on the probability assessments of the UN IPCC—is insufficient to achieve that goal, according to the latest Low Carbon Economy Index published by business consultancy PwC. —PwC.