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Neste celebrates opening of €1.6B Singapore expansion; SAF supply chain to Changi Airport

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Neste announced its final investment decision on additional renewable products production capacity in Singapore in December 2018. Integrated SAF supply chain to Singapore Changi Airport. Neste is also supplying SAF to various fuel marketing companies, broadening its availability outside its own airport network.

Singapore 434
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SK On signs MOU with Global Lithium Resources to bolster key battery materials supply chain

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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. Incorporated in 2018, Global Lithium was listed on the Australian Stock Exchange last year.

Supplies 259
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Benchmark: Saudi Arabia is building an EV battery supply chain

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Saudi Arabia has cut a number of deals recently that coud make the country’s lithiu-ion supply chain the most developed in the Middle East, according to an analysis by Benchmark Mineral Intelligence. Rabigh Refining & Petrochemical Company will supply feedstock in the form of decant oil. Earlier post.)

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Why New Production Sources of Tungsten Are Critical for Increased Global Supply

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and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% in the April report for the Institute for Supply Management’s Manufacturing Index. and this has caused a great deal of concern about the overall supply chain of tungsten.

Supplies 380
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BMW Group uses Blockchain to drive supply chain transparency: “PartChain”

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The BMW Group is using Blockchain technology in purchasing to ensure the traceability of components and raw materials in multi-stage international supply chains. The automotive industry’s international supply chains are highly complex. BMW Group co-founded Mobility Open Blockchain Initiative ( MOBI ) in 2018.

BMW 386
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SK On takes 10% stake in Australia’s Lake Resources; battery-grade lithium supply deal

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SK On, a global electric vehicle (EV) battery manufacturer, signed a lithium supply deal with Australia’s Lake Resources ( earlier post ), a move that will further strengthen its key battery materials supply chain in response to robust business growth and geopolitical risks. million electric vehicles (EVs). Earlier post.).

Supplies 293
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Start-Up MOBI LATAM partners with EnergyX to develop Bolivian domestic lithium battery supply chain

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Both companies will work towards creating a Bolivian domestic lithium battery supply chain to develop the region’s electric mobility market. EnergyX is integrated into the lithium industry’s supply chains from brine to battery, and will provide MOBI work on developing a next-generation battery for MOBI’s fleet.

Bolivia 320