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Rio Tinto and First Quantum Minerals partner to progress the La Granja copper project in Peru

Green Car Congress

Rio Tinto and First Quantum Minerals (FQM) have entered into an agreement to form a joint venture that will work to unlock the development of the La Granja copper project in Cajamarca, Northern Peru, one of the largest undeveloped copper resources in the world.

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South American Plugin Vehicle Markets, A Brief Overview — Part 1: Argentina, Peru, & Ecuador

CleanTechnica EVs

By Juan Diego Celemín Mojica “Passionate for all things Latin American, I’ve been closely following the energy and mobility transitions since they started to be present south of the Equator.” ” So far, South America has been a laggard in the transition to electric mobility.

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Latin America EV Market Share H1 2023, Part 1: Tale of the Laggards — Argentina, Peru, Ecuador, & Panama

CleanTechnica EVs

Time flies. The first half of 2023 has already been over for a while, and the EV transition is accelerating, so we’re bringing news from a region often forgotten when speaking about electric vehicles: Latin America. We will divide this series of articles into three parts: the laggards, the middle of the pack, and the […]

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Omnitek Engineering Forms Joint Venture in Peru to Convert Diesel Engines to Natural Gas

Green Car Congress

Omnitek Engineering Corporation has formed a joint venture with local partners in Peru to convert diesel engines to operate on natural gas, as well as provide services to re-power diesel trucks and buses utilizing Omnitek’s natural gas engines. Based in Lima, Peru, the joint venture will operate as Omnitek Peru S.A.C.,

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Omnitek Awarded License to Convert Diesel Engines to Operate on Natural Gas in Peru

Green Car Congress

Omnitek Engineering Corporation has been granted a license from the government of Peru to perform diesel-to-natural-gas conversions in the country. There are an estimated 500,000 heavy-duty engines in Peru that could be potentially converted to operate on natural gas, he said. Earlier post.) Earlier post.)

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Copper prices rise to 10-year high, near record

Green Car Congress

Although Chile and Peru contributed 40% of global mine supply in 2020, Roskill observed, copper production there is yet to fully recover to pre-pandemic levels. Goldman Sachs and Robert Friedland, Founder of Ivanhoe Mines, suggest prices of US$15,000/t might be seen by 2025, due to restricted supply and bullish demand growth.

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LME copper prices at 9-year high

Green Car Congress

Strong ocean swells delayed the loading of concentrate and refined metal shipments onto vessels from Chile and Peru during January, while delays of up to three months are reported in Ningbo port for containerized scrap to be inspected and cleared by customs. Anecdotal evidence suggests these may well be much lower than expected, Roskill said.

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