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US DFC approves $150M conditional loan commitment for Balama graphite mine in Mozambique

Green Car Congress

The DFC loan is subject to the completion of due diligence, negotiation of detailed terms and legal documentation, DFC management approval and Syrah and Twigg Board approvals. The US International Development Finance Corporation (DFC) is the US Government’s development finance institution.

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Sentences tossed for three who helped Ghosn departure

Baua Electric

A jet corporate government and two pilots, who had been detained for a number of months, had been sentenced to 4 years and two months in prison in 2021 for migrant smuggling. Ghosn, as soon as an influential chief within the international auto business, used to be arrested in Japan in overdue 2018 and charged with monetary misconduct.

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VinFast pushes forward regardless of early setbacks

Baua Electric

Generation acknowledging that VinFast faces stiff demanding situations as an unknown logo in a extremely aggressive marketplace, the automaker additionally has a monitor document of thrashing the chances, Nguyen stated. and Canada blended, the corporate stated. marketplace, and 800 on the market in Canada.

Vietnam 52
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Tesla in center of attention as Elon Musk to talk over with China for the primary generation in 3 years

Baua Electric

The weighty center of attention is anticipated to be at the EV corporate which has a plant in Shanghai, particularly as a result of Tesla officers had been not too long ago in Bharat to reportedly speak about the opportunity of having a facility right here.

China 52
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Ford ends quarterly Canadian gross sales reporting, elevating transparency considerations

Baua Electric

Ford of Canada’s resolution to oppose reporting nationwide gross sales figures on a quarterly foundation has brought on considerations that the corporate is changing into much less clear, even because it takes executive cash to backup investmrent the retooling of its Canadian production operations to build electrical cars. Within the U.S.

Ford 52
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A Bold New Plan for Preserving Online Privacy and Security

Cars That Think

Cloud providers are single points of failure and prime targets for hackers to scoop up everything from proprietary corporate communications to our personal photo albums and financial documents. government, as in the SolarWinds breach of 2019–20. Remember: The cloud is just another way of saying “someone else’s computer.”

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Glencore to pay >$1.1B to resolve government’s investigation into bribery and commodity and price manipulation

Green Car Congress

Glencore International pled guilty in the Southern District of New York to violations of the Foreign Corrupt Practices Act (FCPA). According to court documents filed in the District of Connecticut, Glencore Ltd. Between approximately January 2011 and August 2019, Glencore Ltd. Together, Glencore and Glencore Ltd., The FCPA Case.