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Shipping industry companies launch new zero-carbon shipping research center

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A group of leading shipping industry companies are taking the next step to develop new fuel types and technologies by launching the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. The founding company partners behind this initiative are ABS, A.P. The Center expects to attract several more partner companies in the future.

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Vancouver-based Ceylon Graphite granted industrial mining licence for M1 mining project in Sri Lanka

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announced the renewal of the Industrial Mining Licence for the Malsiripura, M1 mining project in Sri Lanka (known as Ceylon until 1972) from the Geological Survey and Mines Bureau (GSMB). The K1 mining project is fully permitted, and the company is in the process of deepening the shaft and has doubled capacity for hoisting graphite.

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SafeAI, Siemens, Obayashi collaborate to bring retrofitted autonomous, zero-emission heavy vehicles to off-road industries

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Together, the two companies set out to address common pain points across construction—including unsafe working conditions, labor shortages and rampant inefficiencies—with autonomous solutions. In May 2022, the companies began retrofitting the first 45 ton vehicle, which is expected to be ready by the end of 2022.

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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

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Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Energy storage might form a relatively small piece of the overall financing required, but it is a strategically critical piece of the puzzle.

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Porsche strengthens commitment to industrial production of eFuels with $75M investment in HIF Global

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Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. Among other projects, the Santiago de Chile-based company is building the Haru Oni eFuel pilot plant in Punta Arenas (Chile). Earlier post.). Punta Arenas pilot plant under construction.

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Panasonic seeks to expand business in the auto industry 

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Panasonic seeks to expand its business in the automotive industry, starting with building relationships at CES 2024. The Japanese company’s automotive department—Panasonic Automotive Systems—aims to expand past battery cells for electric vehicles. It plans to delve into products that could prove lucrative.

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Roskill: Rising prices could be new norm for lithium industry

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Although on paper, capacity in the pipeline appears sufficient to meet this demand growth, Roskill expects challenges and set-backs in developing, financing and commissioning lithium mining and refining operations. However, longer term scenarios continue to show strong growth for lithium demand over the coming decade.