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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% in the April report for the Institute for Supply Management’s Manufacturing Index. This also means they will face their usual litany of production challenges.

Supplies 380
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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

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More than two-thirds (68%) of lithium-ion battery production planned for Europe is at risk of being delayed, scaled down or cancelled, according to new analysis by the European NGO Transport & Environment. Battery production capacity equivalent to 18 million electric cars—1.2

Companies 430
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Cepsa to invest €3B in Andalusia to build the largest green hydrogen hub in Europe; additional €2B for renewable power

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Cepsa—the Spain-based multinational oil and gas company—will invest more than €3 billion to establish the Andalusian Green Hydrogen Valley, creating the largest green hydrogen hub in Europe in southern Spain. The company will build two plants with a total capacity of 2 GW to produce green hydrogen.

Hydrogen 397
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GlobalData: Global lithium production to triple over the next four years

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High growth in demand for lithium batteries is spurring three-fold growth in mine production of lithium over the next four years, with 86kt of new lithium metal capacity coming on stream, according to data and analytics company GlobalData. After moderate growth in lithium supply between 2010 and 2017 of 6.4%

Chile 240
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Volkswagen to invest €10bn for EV and battery manufacturing in Spain

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billion) to launch electric vehicle and EV battery manufacturing in Spain, Herbert Diess said on Thursday. Volkswagen said it will build a battery plant and invest in producing EVs at its two car factories in Spain. VW plans to begin building a 40-gigawatt-hour plant in Spain in Q1 2023, and production is set to begin by 2026.

Spain 92
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Lotte Chemical to invest $2.3B through 2028 to boost production of copper foil for EV batteries

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billion) through 2028 to boost production of copper foil for EV batteries, the company said. Lotte Energy Materials is a major copper foil producer and has long-term supply contracts with global battery companies both in Korea and abroad. Lotte Chemical plans to invest up to 3 trillion KRW ($2.3 In March, Lotte completed the 2.7-trillion

Malaysia 195
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bp and thyssenkrupp Steel to advance the decarbonization of steel production; low-carbon hydrogen and renewable power

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bp and thyssenkrupp Steel have signed a memorandum of understanding (MoU) focused on the development of long-term supply of low-carbon hydrogen and renewable power in steel production, helping accelerate the steel industry’s wider energy transition. Steel accounts for 8 to 11% of global CO 2 emissions.

Hydrogen 170