article thumbnail

Agreements reached on trans-Guinean infrastructure in milestone for Simandou iron ore project

Green Car Congress

Rio Tinto and the Simfer joint venture (Simfer) reached an important milestone by concluding key agreements with the Republic of Guinea (West Africa) and Winning Consortium Simandou (WCS) on the trans-Guinean infrastructure for the world class Simandou iron ore project. Aerial view of Simandou project.

Guinea 195
article thumbnail

GECF: more than a quarter of 2050 natural gas supply untapped

Green Car Congress

The two-day Oil and Gas of Turkmenistan 2020 conference was organized by the Government of Turkmenistan and attracted the participation of regional and international energy companies, including CNPC, Dragon Oil, SOCAR, ENI, ARETI, Schlumberger, Hyundai, among others.

article thumbnail

BMW Group Plant Landshut light metal foundry recertified by Aluminum Stewardship Initiative (ASI)

Green Car Congress

The tens of thousands of tonnes of solar aluminum supplied in this way meet more than a third of annual requirements for the light metal foundry at Plant Landshut. The conditions under which the raw material bauxite is extracted by open cast mining and processed in countries like Australia, Brazil and Guinea are also important to the company.

Light 243
article thumbnail

RAND reports suggest US DoD use less petroleum fuel to deal with high prices, not count on alternatives

Green Car Congress

Considering that the United States produces over 8 million barrels of oil per day domestically and imports an additional 3 million bpd from secure supplies in Canada and Mexico, we can find no credible scenario in which the military would be unable to access the 340,000 bpd of fuel it needs to defend the nation. Additionally, U.S.

Price 225
article thumbnail

The Seabed Solution

Cars That Think

A patch of Pacific seabed could supply key metals for batteries for 250 million electric vehicles Still, it would be another half century before a startup, Nautilus Minerals, would try to make a go of large-scale deep-seabed mining. When it ceased operations, it hadn’t mined any metal ore at all. The Metals Company, too, faces headwinds.

article thumbnail

SpaceX a bastion of independent US, European spaceflight amid Russian threats

Teslarati

In response to sanctions after its unprovoked invasion, Russia announced that it was withdrawing support from Europe’s French Guinea Soyuz launch operations, effectively killing Arianespace’s Soyuz offering and potentially delaying several upcoming European launches indefinitely. billion (and up to $3.5

Russia 141
article thumbnail

Glencore to pay >$1.1B to resolve government’s investigation into bribery and commodity and price manipulation

Green Car Congress

Glencore International pled guilty in the Southern District of New York to violations of the Foreign Corrupt Practices Act (FCPA). bought from, and sold to, another party, did not reflect legitimate forces of supply and demand. In addition, as part of a separate resolution, Glencore Ltd., Together, Glencore and Glencore Ltd.,