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

Green Car Congress

in the April report for the Institute for Supply Management’s Manufacturing Index. This primarily includes dealing with a strained supply chain on critical raw materials, like tungsten, to produce all of those EV-powered automobiles, cranes, trucks and more. New Tungsten Production Will Open the Global Supply Chain.

Supplies 380
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Tesla signs 5-year lithium supply deal with Australia’s Liontown Resources: Report

Teslarati

Tesla signed a 5-year lithium supply deal with Liontown Resources, which is expected to commence in 2024. Liontown will supply Tesla with Lithium Spodumene Concentrate from the battery metal company’s new AU$473 million ($338M) Kathleen Valley Lithium Project in Western Australia.

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BMW Group makes sustainability and efficient resource management central to its strategic direction

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The BMW Group is making sustainability and resource efficiency central to the company’s strategic direction. The principle of continuous improvement will remain at the heart of the strategy to reduce CO 2 emissions and increase resource efficiency. CO 2 in the supply chain: significant reduction instead of big increase.

BMW 259
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Liontown and Tesla enter into a binding term sheet for supply of lithium from Kathleen Valley project

Green Car Congress

Australia-based battery materials company Liontown Resources Limited entered into a legally binding sales and purchase term sheet with electric vehicle manufacturer Tesla for the supply of spodumene concentrate. Underpinned by a world-class lithium deposit with a Mineral Resource Estimate of 156 Mt at 1.4%

Supplies 243
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US DFC approves $150M conditional loan commitment for Balama graphite mine in Mozambique

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The US Development Finance Corporation’s (DFC’s) Board of Directors approved the provision of up to $150 million in financing to Twigg Exploration and Mining—a wholly-owned subsidiary of Australia-based Syrah Resources Limited—to fund investments in the company’s graphite mining and processing operation in Balama, Mozambique.

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Euro Manganese enters offtake term sheet with battery-maker Verkor

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The Chvaletice resource is the only sizeable, classified resource of manganese in the European Union. The commencement of the initial term shall be subject to successful qualification of the Company’s HPMSM from the Chvaletice Demonstration Plant in Verkor’s supply chain.

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Tesla inks supply agreement with Australia’s Core Lithium

Teslarati

Tesla entered into a legally binding Term Sheet agreement with Australian lithium producer Core Lithium Ltd (ASX: CXO). As per the agreement, Core Lithium will supply up to 110,000 tonnes of Li 2 O spodumene concentrate to Tesla over a term of 4 years. . Tesla and Ganfeng’s deal started in 2022 and lasts up to three years.