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Stellantis makes $155M investment in McEwen Copper Argentina project

Green Car Congress

Stellantis announced a $155-million investment in a copper project located in Argentina, which will make a major contribution to the company’s plan to become carbon net zero by 2038. Los Azules is an advanced-stage porphyry copper exploration project in the San Juan pro-mining province of Argentina. The company is acquiring a 14.2%

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POSCO to invest $830M in lithium hydroxide plant in Argentina

Green Car Congress

South Korea-based steelmaker POSCO will invest US$830 million in a lithium hydroxide plant in Argentina. POSCO bought lithium mining rights in Argentina from Australian lithium miner Galaxy Resources for $280 million in 2018. A pilot plant was manufactured in South Korea in 2017 with a capacity of 2,500 tons / year of lithium.

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

Green Car Congress

Korea) of the country’s first lithium hydroxide plant, which will produce secondary battery materials using lithium produced from brine in Argentina. In 2018, POSCO Holdings acquired a package of tenements from Galaxy Resources in the Salar de Hombre Muerto in Argentina in order to secure lithium preemptively.

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EIA: New import duties drove biomass-based diesel imports down in 2017

Green Car Congress

million barrels in 2017, a 36% decrease from 2016, according to the US Energy Information Administration (EIA). New US contracts for biodiesel from Argentina slowed upon announcement of DOC anti-dumping and countervailing investigations in March 2017. million barrels in 2017, a 44% decrease from 2016 levels.

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Mercedes-Benz Vans shows pickup truck concepts; market launch in late 2017; diesel V6

Green Car Congress

Daimler AG will make investments in the high nine figures (euro) in the new model series by the time of the market launch. The pickup will be launched in late 2017 in Europe under the name Mercedes-Benz X-Class. The key markets will be Argentina, Brazil, South Africa, Australia with New Zealand, and Europe.

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GlobalData: growing global electric vehicle market will more than double lithium demand over the next 5 years

Green Car Congress

According to GlobalData, the global EV market is expected to grow at a substantial CAGR of 15.6% The company projects that China will lead the global EV market with more than 50% share and grow three times as fast as the US over the next five years. In 2017, 1.1 —Vinneth Bajaj, Senior Mining Analyst at GlobalData.

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Bio-isobutanol company Gevo signs licensing and joint development agreements with Porta in Argentina; corn feedstock

Green Car Congress

to construct multiple isobutanol plants in Argentina using corn as a feedstock. The first plant is to be wholly owned by Porta and is anticipated to begin producing isobutanol in 2017. Porta Hnos is one of the leading alcohols companies in Argentina, producing almost 100 million liters (26 million gallons US) annually.

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