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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.

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Canada orders three Chinese companies to divest from Canadian critical minerals companies

Green Car Congress

The Government of Canada has ordered the divestiture of the following investments by three Chinese companies in Canadian critical mineral companies: Sinomine (Hong Kong) Rare Metals Resources Co., Power Metals Corp is a Canadaian mining company exploring and developing cesium, lithium and tantalum assets in Canada.

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Tesla is under federal investigation over company resources being used to build Elon Musk a house

Electrek

Tesla is now under federal investigation by the DOJ over potentially using company resources to build a mansion for Elon Musk. more… The post Tesla is under federal investigation over company resources being used to build Elon Musk a house appeared first on Electrek.

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Walkabout Resources’ Tanzanian graphite project moves to construction phase

Green Car Congress

Australia-based Walkabout Resources, an Africa-focused energy minerals developer, announced that its Tanzania Lindi Jumbo flake graphite project had progressed into the construction phase, with the CRDB-approved Independent Project Manager completing site visits and bulk earthmoving contractor TNR commencing mobilization.

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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

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Battery Resourcers to open North America’s largest Li-ion battery recycling facility by August

Green Car Congress

Battery Resourcers, a vertically integrated lithium-ion battery recycling and engineered materials company, plans to open a commercial-scale, lithium-ion battery recycling facility in Covington, Ga. —Michael O’Kronley, CEO and Director of Battery Resourcers. The opening of this facility will help meet that demand.

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Permian Resources to acquire Earthstone Energy, creating a $14B Delaware Basin independent E&P

Green Car Congress

Permian Resources Corporation and Earthstone Energy entered into a definitive agreement under which Permian Resources will acquire Earthstone in an all-stock transaction valued at approximately $4.5 billion, inclusive of Earthstone’s net debt.

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