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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. mtpa low-carbon hydrogen capacity was announced in the US, Denmark, Egypt, Canada, Portugal, and other countries.

Hydrogen 473
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Why New Production Sources of Tungsten Are Critical for Increased Global Supply

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and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% China controls the market for nearly 35 precious minerals and metals that are important to the U.S. New Tungsten Production Will Open the Global Supply Chain.

Supplies 380
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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

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The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 —Felipe Munoz, JATO’s global analyst. Registrations fell in all 27 markets, but with varying severity.

Europe 261
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Galp and Northvolt establish JV for lithium conversion plant in Portugal; initial annual capacity of 35,000 tons of lithium hydroxide

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Portugal-based energy company Galp and Sweden-based battery manufacturer Northvolt have agreed to set up a joint company, Aurora, that aims to become a steppingstone for the development of an integrated lithium-battery value-chain aligned with Portuguese and European ambitions. —Paolo Cerruti, Co-Founder and COO of Northvolt.

Portugal 170
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International Lithium Association (ILiA) established to be the voice of the global lithium industry

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Against this background of exceptional growth, the International Lithium Association (ILiA) has been formed to provide a central, global voice for the lithium producers and their stakeholders, and to promote a sustainable and a responsible future for the lithium value chain. The five founding members of ILiA are SQM; Ganfeng Lithium Co.,

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Iberdrola and bp to collaborate to accelerate EV fast charging infrastructure and green hydrogen production; up to €1B investment in charging

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Iberdrola and bp intend to form a strategic collaboration to expand fast EV public charging infrastructure significantly as well as to develop large-scale green hydrogen production hubs in Spain, Portugal and the UK. bp aims to rapidly expand its EV charge points globally and continues to invest in rapid and ultra-fast charging.

Portugal 186
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GlobalData: Global lithium production to triple over the next four years

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per annum, global output is expected to triple between 2018 and 2022 to reach 154kt (metal content), as 86kt of new metal capacity comes on stream to meet the increasing demand for the metal for use in batteries in electric vehicles and smartphones. After moderate growth in lithium supply between 2010 and 2017 of 6.4%

Chile 240