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POSCO begins construction of S Korea’s first lithium hydroxide plant

Green Car Congress

POSCO Holdings recently began construction at the Yulchon 1 st Industrial Complex in Jeollanam-do (South Jeolla Province, S. Korea) of the country’s first lithium hydroxide plant, which will produce secondary battery materials using lithium produced from brine in Argentina. POSCO Group’s lithium brine demo plant in Argentina.

Argentina 369
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Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

Green Car Congress

In a forecast of the Lithium market through 2017, Roskill Information Services estimates that rechargeable batteries will, in the base-case growth scenario, contribute 75% of the growth in forecast lithium demand to 2017, when total demand for lithium is expected to reach slightly more than 238,000t lithium carbonate equivalent (LCE).

Market 296
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GM Shows Picture of New Chevrolet Agile for Mercosur Market

Green Car Congress

General Motors provided an image of the new Chevrolet Agile, a small car designed in Brazil and due to launch in that market in October. The 2010 Agile. The Agile is the first model of the Viva family; Project Viva represents a US$400 million investment by GM un Brazil and Argentina. Click to enlarge.

Chevrolet 280
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BYD the recommended company for Argentinian tender for 50 electric buses

Green Car Congress

BYD has been officially selected as the recommended company by the evaluation committee in Argentina for the purchase of 50 electric buses on behalf of the Ministry of Environment. BYD begun the promotion of its technologies in Argentina in 2011 through its local subsidiary, especially those related to electric vehicles and public transport.

BYD 150
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USDA changes corn for ethanol reporting category to reflect fuel vs. animal feed usage

Green Car Congress

billion bushels of corn in 2010-11 and USDA projects that 5 billion bushels will be used by the ethanol industry. US corn farmers produced 12.5 The change does not reflect the relative proportions.

Fuel 255
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OECD-FAO Agricultural Outlook projects global ethanol production to increase 67% over next 10 years to 44B gallons

Green Car Congress

By 2022, world ethanol production is projected to increase by almost 70% compared to the average of 2010-12 and reach some 168 bnl by 2022. Ethanol markets will be dominated by the US, Brazil and, to a smaller extent, the European Union. The biodiesel market will be dominated by the EU and more marginally by US, Argentina and Brazil.

Brazil 247
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Chevrolet sets first-half global sales record with 2.35M units; 14% growth

Green Car Congress

Chevrolet sold 286,499 more vehicles in the first half of 2011 than the same time period of 2010, a 14% increase year over year. In addition, Chevrolet set record first-half sales in many countries, including Argentina, Brazil, Chile, China, Colombia, Denmark, Ecuador, France, South Africa, and Turkey. Click to enlarge.

Chevrolet 252