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Ensorcia to invest €200M to build lithium hydroxide conversion plant in Europe

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Chile-based Ensorcia Metals , a specialist in the extraction and transformation of high purity lithium, will invest €200 million to build a lithium hydroxide conversion plant in Europe. Ensorcia holds there the exclusive license to operate the modular DLE technology from its long-standing partner IBAT.

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LG Energy Solution investing A$20M in Green Technology Metals; lithium offtake agreement

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LG Energy Solution and Green Technology Metals Limited (GT1), an Australia-based, North America-focused multi-asset lithium business, signed an equity subscription agreement and an offtake term sheet in relation to future production from GT1’s flagship Seymour Project in North America. Earlier post.)

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Neste, Marathon finalize transaction to establish JV for production of renewable fuels in US

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Neste Corporation and Marathon Petroleum Corporation (Marathon) announced an agreement to establish a 50/50 joint venture to produce renewable diesel following a conversion project of Marathon’s refinery in Martinez, California (the Martinez Renewable Fuels project ). Earlier post.). —Matti Lehmus, Neste’s President and CEO.

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Kia Motors to launch 7 new BEVs by 2027; BEVs to account for 25% of Kia global vehicle sales by 2029

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Kia Motors Corporation previewed its global electric vehicle (EV) business strategy; the brand will launch seven new dedicated BEVs by 2027 across several vehicle segments. Kia intends to establish a leadership position in the global EV market by responding to fast-growing global consumer demand for EVs.

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Nel ASA receives purchase order for 20MW alkaline electrolyzer from steelmaker Ovako

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The conversion to hydrogen will enable Ovako to reduce its CO 2 emissions for steel production in Hofors by 50%. The company has geographical presence in Europe, North America and Asia, and a steel product line that includes niche products and customized solutions. The electricity used comes entirely from fossil-free sources.

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Shell to build LNG units in Gulf Coast and Great Lakes regions; two additional LNG for transport corridors in North America

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Shell and its affiliates will build two additional small-scale natural gas liquefaction units to provide liquefied natural gas (LNG) fuel for marine and heavy-duty on-road customers in North America. The Interlake Steamship Company is expected to be the first marine customer in this region, as it begins the conversion of its vessels.

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Skeleton, Martinrea Effenco to collaborate on fast-charging batteries in refuse collection vehicles

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This collaboration agreement signed between Skeleton and Martinrea aims to electrify refuse collection vehicle fleets in Europe and North America and achieve the best performance by reducing greenhouse gas emissions while improving safety without impacting operations, compared to Li-ion batteries.

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