article thumbnail

Electra updates mineral resource estimate at its Iron Creek cobalt-copper project in Idaho

Green Car Congress

2023 resource showing the indicated and inferred resource domains as well as blocks with NSR values that are not included in the resource due to insufficient drilling to establish connectivity and DSO outlines. Highlights of the MRE: Indicated resource of 4.4 Inferred resource of 1.2 million pounds of copper.

Idaho 195
article thumbnail

Tesla parts supplier Ningbo Tuopu signs cooperation deal with NIO

CN EV Post

NIO US | NIO HK | NIO SG (Image credit: CnEVPost) Ningbo Tuopu Group, a Tesla parts supplier, has signed an agreement with NIO (NYSE: NIO) in which the two companies will adopt an innovative partnership model not commonly seen in the automotive industry. Ningbo Tuopu was founded in 1983 and is one of the largest parts suppliers in China.

Parts 142
article thumbnail

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. A formula based on market prices for Lithium Hydroxide Monohydrate will decide the purchase price of the lithium supply. Tesla lithium supply deal with Liontown Resources by Maria Merano on Scribd.

article thumbnail

Baker Institute experts: major parts of the US shale sector will ramp up with $60 oil prices

Green Car Congress

If West Texas Intermediate (WTI) crude oil prices stabilize at or above $60 per barrel, major parts of the United States shale sector that are currently dormant will ramp up, according to an analysis by experts in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. Baker III and Susan G.

article thumbnail

Australia’s resources minister seeks investment from S.Korea, Japan – ET Auto

Baua Electric

Australia’s resources minister has begun a week long trip to South Korea and Japan to discuss gas exports and critical minerals opportunities, as its government on Monday released a “prospectus” of 52 investment ready critical minerals projects. For nickel, a flood of Indonesian supply has also hit prices.

Japan 40
article thumbnail

Rystad Energy: Oil sands and Arctic most expensive oil resources; NA shale putting on pressure

Green Car Congress

Oil and gas consultancy Rystad Energy estimates that oil sands and the Arctic continue to be the most expensive resources, with an average breakeven price of $75-80 per barrel of oil equivalent (boe). The attractiveness of these resources has declined over the past years, mainly as a result of the introduction of North American shale.

Oil-Sands 218
article thumbnail

Adelaide study suggests driverless cars could lead to more traffic congestion partly because of drivers’ attitudes

Green Car Congress

The key factors affecting the transition to autonomous vehicles are commuter attitudes to car ownership and wanting to drive themselves, rather than have technology do it for them, as well as the price of new technology, and consumer attitudes to car sharing. —Dr Barreto.

Parts 186