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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. The steel industry cannot afford to wait for the 2040s to start its transition.

Hydrogen 221
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Hydrogen South Africa (HySA) Systems, The National Aerospace Centre, and Airbus to research use of fuel cells for commercial airliners

Green Car Congress

Airbus and South Africa’s National Aerospace Centre will jointly fund research by Hydrogen South Africa (HySA) into the application of fuel cells on airliners. With demand for air transport doubling every 15 years, the global airline industry will require nearly 30,000 new aircraft (over 100 seats) by 2032.

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RUSAL opens new low-carbon aluminum smelter in Taishet

Green Car Congress

Russia-based RUSAL, a global aluminum producer, opened the first phase of its low-carbon aluminum production plant, Taishet Aluminum Smelter (TaAZ), in Taishet, Siberia. Full scope CO 2 emissions will be one of the lowest in the industry, the company claims. of global production of aluminum and 6.5%

Carbon 186
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Vanadium Recovery Project targeting significant increase in vanadium production in Europe with low emissions

Green Car Congress

The hydrometallurgical leaching process path has significant operational, cost and risk advantages over the traditional pyrometallurgical (salt-roast) process route. Currently, approximately 75% of global vanadium supply is sourced from China, South Africa, and Russia.

Europe 243
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Leclanché to provide battery technology for Canadian Pacific’s hydrogen-powered locomotive project

Green Car Congress

This project further expands our addressable market to include electrification of the freight rail sector representing a major global opportunity for the reduction of greenhouse gases. These customers include global original equipment manufacturers (OEMs) in the passenger rail, maritime, bus, truck and specialized vehicles sectors.

Hydrogen 307
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BloombergNEF: battery metals rebounding; by 2030, annual Li-ion battery demand to pass 2TWh

Green Car Congress

China controls the battery chemical industry, with the biggest market share for all of the five main battery materials: lithium, nickel, manganese, cobalt and graphite. In the LFP scenario, BloombergNEF increases LFP’s share of stationary storage deployments in 2030 from 23% to 53% at the cost of the highest nickel chemistries.

Li-ion 300
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Sibanye-Stillwater to achieve majority shareholding in Keliber; seeks to increase shareholding further to 80%

Green Car Congress

South Africa-based mining and metals group Sibanye-Stillwater acquired an initial 30.29% shareholding in Keliber Oy as announced on 23 February 2021, by way of a phased equity investment. This is a further significant step in our strategy to build a unique global portfolio of green metals in a value accretive manner.

Finland 186