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ERMA supporting Mkango in development of rare earth separation plant in Poland

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The European Raw Materials Alliance (ERMA) will support Canadian mineral exploration and development company Mkango Resources Ltd.with securing financing for the development of a rare earth separation plant to be located in Pu?awy, awy, Poland.

Poland 273
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EC approves €3.2B public support by 7 Member States for a pan-European battery push

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The European Commission has approved under EU State aid rules an Important Project of Common European interest (IPCEI) jointly notified by Belgium, Finland, France, Germany, Italy, Poland and Sweden to support research and innovation in the common European priority area of batteries.

Batteries 259
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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

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New financing has also been announced to eliminate high emissions vehicles in key regions which should give some support to boost to truck sales, all else being equal. This downturn in production reflects weaker demand throughout the region as well as in export markets.

2020 191
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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

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We know a circular economy with renewable energy is the path, and we have positioned ourselves to be the alternative energy capital of the world. Bloomberg New Energy Finance reports that clean hydrogen could cut up to 34% of global greenhouse gas emissions from fossil fuels and industry.

Waste 448
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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

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This has been due to two factors: the decline in upfront costs of the vehicles—driven by falling battery prices—and changes in predominant duty cycles of vehicles sold in developed economies (Europe, US). Biomass and waste-to-energy financings were down 3% at $10 billion. billion, down 12%. billion, France 38% up at $7.3

2020 259
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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The 15 th Congress, also known as the 15 th Conference of Parties, or COP 15, was initially intended to be a largely procedural summit, with many major negotiating points settled and most environmental ministers prepared to sign a binding emissions treaty that contained specific emissions targets as well as commitments to financing structures.

Climate 236
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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

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A similar plant in China and Poland would cost an estimated $112 million and $65 million, respectively. Precursor material produced at plants in the DRC could be cost competitive with material produced in China and Poland but with a lower environmental footprint. Capital cost to build a 10k metric-ton battery precursor plant.

Africa 221