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SK On signs MOU with Global Lithium Resources to bolster key battery materials supply chain

Green Car Congress

South Korea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium. Incorporated in 2018, Global Lithium was listed on the Australian Stock Exchange last year.

Supplies 259
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NPD study finds substantial mineral resources on Norwegian shelf

Green Car Congress

The Norwegian Petroleum Directorate (NPD) has prepared a resource assessment of the seabed minerals on the Norwegian shelf. The report concludes that substantial resources are in place on the seabed. For several of the metals, the mineral resources are sufficient to cover many years of global consumption.

2020 448
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RareX executes MoU with global rare earths producer Shenghe Resources

Green Car Congress

Australian rare earths exploration and development company RareX Limited entered into a non-binding Memorandum of Understanding (MoU) with the leading global rare earths producer, China-based Shenghe Resources Holdings. Shenghe, listed on the Shanghai Stock Exchange, has a market capitalization of approximately US$4.6

Global 186
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Battery Resourcers to open North America’s largest Li-ion battery recycling facility by August

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Battery Resourcers, a vertically integrated lithium-ion battery recycling and engineered materials company, plans to open a commercial-scale, lithium-ion battery recycling facility in Covington, Ga. —Michael O’Kronley, CEO and Director of Battery Resourcers. The opening of this facility will help meet that demand.

Li-ion 482
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SK On takes 10% stake in Australia’s Lake Resources; battery-grade lithium supply deal

Green Car Congress

SK On, a global electric vehicle (EV) battery manufacturer, signed a lithium supply deal with Australia’s Lake Resources ( earlier post ), a move that will further strengthen its key battery materials supply chain in response to robust business growth and geopolitical risks. million electric vehicles (EVs). Earlier post.).

Supplies 293
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BMW Group invests in Jetti Resources; catalytic leaching process for copper extraction from unexploited ores

Green Car Congress

Through its venture capital fund BMW i Ventures, the BMW Group has taken a stake in Colorado-based Jetti Resources. Founded in 2014, Jetti Resources has developed a pioneering process for copper extraction that utilizes previously unused ore from existing copper mines. 2022.118111.

BMW 259
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Liontown Resources rejects US$3.7B acquisition proposal from Albemarle

Green Car Congress

Liontown Resources, an emerging battery minerals producer based in Australia, has rejected an unsolicited, conditional and non-binding indicative proposal from Albemarle Corporation, in which Albemarle would acquire all of the shares in Liontown at a price of A$2.50 per share—valuing the company at approximately US$3.7

Australia 259