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Daimler AG Board approves Project Future corporate restructure; goes to shareholders in 2019

Green Car Congress

The new structure comprises three legally independent entities—Mercedes-Benz AG, Daimler Truck AG and Daimler Mobility AG—under the umbrella of Daimler AG. The steps toward implementation will be taken in 2018 and 2019. This includes Daimler’s investment in the reorganization of its global business in international markets.

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ON Semiconductor to acquire Quantenna Communications; connectivity applications for industrial and automotive markets

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The acquisition of Quantenna is another step towards strengthening our presence in industrial and automotive markets. The transaction has been approved by ON Semiconductor’s and Quantenna’s boards of directors and is expected to close in the second half of 2019. Morrison & Foerster LLP served as legal advisor to ON Semiconductor.

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

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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. DFC has subsequently undertaken technical, market, environmental, social and legal due diligence on Syrah, Twigg and Balama. Earlier post.)

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Canada refuses to permit seabed mining absent regulatory regime

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In April 2019, Fisheries and Oceans Canada announced its new protection standard for new federal Marine Protected Areas (MPAs). Mineral exploration and exploitation do not currently occur in existing federal marine protected areas, and the Government’s 2019 MPA Protection Standard prohibits mining in future federal MPAs.

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Coltura: Supreme Court precedent means states can require all new vehicles sold be electric

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Metz and Janelle London finds that state vehicle electrification mandates can withstand legal challenges based on federal preemption if they are based solely on reasons for transitioning to electric vehicles that are within the state's authority. The article points to the 2019 Supreme Court case of Virginia Uranium v.

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Nikola executes reverse merger with VectoIQ; now to be listed on NASDAQ; BEV and FCEV trucks

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He joined Nikola as President in 2019 and previously served as President and COO of Worthington Industries, a publicly-listed metals manufacturing company. Cowen is serving as financial and capital markets advisor, and Greenberg Traurig, LLP is serving as legal advisor to VectoIQ.

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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% China controls the market for nearly 35 precious minerals and metals that are important to the U.S. With the COVID pandemic wreaking havoc on the U.S. Should the U.S.

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