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Syrah Resources completes BFS for expansion of US anode material production

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Australia-based Syrah Resources has completed a bankable feasibility study (BFS) for expansion of its natural graphite AAM facility in Vidalia, Louisiana, as it continues to execute its strategy of becoming the first vertically integrated producer of natural graphite AAM (advanced anode material) outside of China.

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SK On signs MOU with Global Lithium Resources to bolster key battery materials supply chain

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South Korea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium. Incorporated in 2018, Global Lithium was listed on the Australian Stock Exchange last year.

Supplies 259
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WSJ: China to create new state-owned rare-earths giant

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The Wall Street Journal reported that China will create one of the world’s largest rare-earths companies with the aim of maintaining its dominance in the global supply chain of the strategic metals as tensions deepen with the US. of China Ltd. I.e., even rare earths mined overseas are sent to China for final processing.

China 321
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BMW Group creates closed recycling loop for high-voltage batteries in China

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The closed-loop material cycle conserves resources and, at the same time, reduces CO 2 emissions by 70%, compared to using newly extracted primary material. —Jochen Goller, head of BMW Group Region China. China is the world’s largest market for electric vehicles.

BMW 317
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RareX executes MoU with global rare earths producer Shenghe Resources

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Australian rare earths exploration and development company RareX Limited entered into a non-binding Memorandum of Understanding (MoU) with the leading global rare earths producer, China-based Shenghe Resources Holdings. Shenghe’s two primary investments outside of China are an 8% interest in MP Materials Corp., billion, and a 9.7%

Global 186
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Topsoe to provide technology for first commercial size dynamic green ammonia plant in China

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Topsoe has been chosen by Mintal Hydrogen to provide technology to the first dynamic green ammonia plant in China. The dynamic green ammonia plant is Topsoe’s first Power-to-X project in China and includes Topsoe’s process licensing, engineering design package, proprietary equipment, and catalysts. Mintal Hydrogen Energy Technology Co.,

China 218
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Cummins & Sinopec launch JV to produce and promote green hydrogen technologies in China

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and China Petrochemical Corporation (Sinopec Group) have formed a 50:50 joint venture: Cummins Enze (Guangdong) Hydrogen Technology Co., Cummins Enze, located in Foshan, Guangdong Province in China, will initially invest $47 million (RMB 300 million) to locate a manufacturing plant to produce proton exchange membrane (PEM) electrolyzers.

Hydrogen 321