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Vulcan Energy and Nobian to form JV for Central Lithium Plant

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Vulcan Energy Resources signed a Term Sheet agreement with Nobian GmbH (Nobian) for the formation of a 50/50 joint venture over, and equity financing of, Vulcan’s Central Lithium Plant (CLP), which forms part of Vulcan’s Zero Carbon Lithium Project ( earlier post ).

Energy 210
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Piedmont Lithium selects Tennessee for second lithium hydroxide project; 30,000 metric tons per year

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Planned completion and start of production is in 2025. The project will convert spodumene concentrate sourced principally from Piedmont’s international project investments to expand significantly the US supply of lithium hydroxide, a key component in the manufacturing of EV batteries.

Tennessee 243
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A123 Systems and Wanxiang execute definitive agreements for investment of up to $465M in A123

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US-based Li-ion battery manufacturer A123 Systems announced the execution of definitive agreements with China’s Wanxiang Group Corporation, which follows the non-binding memorandum of understanding (MOU) that A123 signed with Wanxiang on 8 August 2012. Earlier post.) — David Vieau, CEO of A123.

Convert 231
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Panasonic Energy and NMG sign non-binding MoU for anode material

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The strategic transaction comprises a non-binding memorandum of understanding on an offtake by Panasonic Energy of a significant portion of NMG’s green active anode material out of NMG’s integrated Phase-2 Commercial production facilities over a multi-year term.

NMG 199
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Get H2 partners propose green hydrogen pipeline in Europe

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From Lingen (Emsland) to Gelsenkirchen and from the Dutch border to Salzgitter, production, transport, storage and industrial acceptance of green hydrogen are to be connected in several steps between 2024 and 2030 under the umbrella of the overall project. The IPCEI program can finance the network construction in part.

Hydrogen 435
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PGM leader Sibanye-Stillwater enters battery metals sector through a partnership with and investment in lithium miner Keliber

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Planned annual production is 15,000 tonnes of battery grade lithium hydroxide. Production is anticipated to start in 2024. Future lithium hydroxide production has not been committed to any offtake party. The project financing would include both a debt and equity component. Keliber continues drillings to explore the area.

Finland 243
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Attis Industries to acquire corn ethanol plant, grain malting operation from Sunoco; partnership with Novozymes

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a diversified innovation and technology holding company today, has entered into a definitive asset purchase agreement with Sunoco LP to acquire and operate its corn ethanol plant and grain malting operation in Fulton, NY. Attis expects to finance the transaction with non-dilutive financing. Attis Industries Inc.,