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POSCO Holdings begins construction of $830M lithium plant in Argentina

Green Car Congress

Operation of the lithium plant and financing will be 100% carried out by POSCO Argentina, a subsidiary of POSCO Holdings. Construction of the brine lithium plant is to be completed in the first half of 2024, with annual production of 25,000 tons of lithium hydroxide. The total investment cost is about US$830 million (about KRW 0.95

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Roskill: record cobalt deals in Q1 2018 show raw material procurement for Li-ion batteries revving up

Green Car Congress

While some cathode manufacturers, battery makers, and even auto OEMs, closed or tried to close several lithium supply deals in 2017, cobalt- and nickel-related transactions seem to be taking over in 2018, perhaps with the realization that future cobalt and nickel supply is not as secure as lithium and graphite. Earlier post.)

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Electric Vehicle Spotlight: Financing Rivian R1S

EV Life

American EV manufacturer Rivian Automotive initially unveiled a prototype of its futuristic all-electric SUV—the R1S—at the Los Angeles Auto Show in November 2018. After battling supply chain issues due to the global pandemic, Rivian finally began fulfilling orders for the R1S in August 2022.

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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

Green Car Congress

IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 These forecasts are informed by the latest IHS Markit global economic forecast updates, which reflect a 3.0% decline in global real GDP in 2020.

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IHS Markit: US oil production growth heading for a major slowdown, as capital discipline and weak prices play out

Green Car Congress

Going from nearly 2 million barrels per day annual growth in 2018, an all-time global record, to essentially no growth by 2021 makes it pretty clear that this is a new era of moderation for shale producers. The combination of closed capital markets and weak prices are pulling cash out of the system. —Raoul LeBlanc.

Oil 170
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Lightning Systems accepting orders for LightningElectric battery-electric upfit for Ford Transit; price and specs

Green Car Congress

Deliveries will begin in early 2018. Ford’s vehicle warranty covers the base chassis for vehicles with the LightningElectric upfit, and Ford Motor Credit financing is available. EV Conversion Price $69,000 $89,000. Vouchers and grants are available in some regions for zero-emissions vehicles. Specifications. GVWR 10,360 GVWR.

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The $32-Trillion Push To Disrupt The Entire Oil Industry

Green Car Congress

Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Increased shareholder activism, combined with global warming policies of institutional investors and NGOs, are pushing IOCs in a corner, constricting financing options for oil companies.

Oil 231