Remove resources assets
article thumbnail

Sayona acquiring Moblan project in boost for Québec lithium base

Green Car Congress

We are delighted to be extending our relationship with Investissement Québec, which has invested billions of dollars in lithium and other resources projects across Québec, including North American Lithium (NAL), Moblan and Nemaska Lithium. grade spodumene mineralization, with a Mineral Resource Foreign Estimate of 12.03

article thumbnail

Blackstone and Alta Resources partner to invest up to $1B to acquire and develop unconventional oil & gas assets in North America

Green Car Congress

Alta Resources, LLC and Blackstone Capital Partners, an affiliate of The Blackstone Group have formed Alta Energy Partners which will invest up to $1 billion to acquire and develop unconventional oil and gas assets in North America. Founded in 1999 by Joseph G.

article thumbnail

Resource report concludes Galvanic’s lithium prospect among most prolific in North America

Green Car Congress

A recently completed resource report has validated Galvanic Energy’s Smackover prospect as one of the largest lithium brine resources in North America, with sufficient lithium to produce enough batteries for 50 million electric vehicles. An independent evaluation and technical report authored by APEX Geoscience Ltd.

article thumbnail

Permian Resources to acquire Earthstone Energy, creating a $14B Delaware Basin independent E&P

Green Car Congress

Permian Resources Corporation and Earthstone Energy entered into a definitive agreement under which Permian Resources will acquire Earthstone in an all-stock transaction valued at approximately $4.5 billion, inclusive of Earthstone’s net debt.

Delaware 195
article thumbnail

Uranium Energy Corp completes acquisition of Uranium One Americas; largest uranium mining company in US

Green Car Congress

Subsequent to closing, UEC holds approximately $120 million of cash and liquid assets. The U1A portfolio of projects being acquired includes, among other assets, seven projects in the Powder River Basin, three of which are fully permitted, and five in the Great Divide Basin. Resource Expansion. million pounds U 3 O 8 per year.

Wyoming 435
article thumbnail

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. Map of Western Australia showing the location of Global Lithium’s assets.

Supplies 259
article thumbnail

Comment on Nio's car-making qualification has been officially approved, report says by Netlist

CN EV Post

It's a win for Jac they sold off dedicated resources the fabs to nio. but while nio can improve margins they now also hold a risky asset. Nio wasn't scaling well so the deal wasn't lucrative for Jac. It's worse to own a fab when you don't sell cars compared to not selling cars and not owning a fab.

Cars 98