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Dow and X-energy to deploy first advanced small modular nuclear reactor at industrial site

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Dow and X-Energy Reactor Company entered into a joint development agreement (JDA) to demonstrate the first grid-scale advanced nuclear reactor for an industrial site in North America. X-energy manufactures its own proprietary version (TRISO-X) to ensure supply and quality control. Earlier post.)

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Roskill sees recovery in lithium industry, buoyed by demand from rechargeable battery applications

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Despite the trend toward transportation electrification, the lithium industry has had a rough few years. Prices continued to slide in Q3 2020, with China spot prices falling below US$5,000/t CIF (Cost, Insurance, and Freight) for battery-grade lithium carbonate; contract prices edged closer to US$10,000/t CIF. Source: Roskill.

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Chart Industries expands liquid hydrogen and LNG business with strategic agreements

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Chart Industries and fuel cell manufacturer Plug Power Inc. executed a master supply agreement for Chart to supply liquid hydrogen storage and transport equipment to Plug and its subsidiaries. million of equipment orders from Plug that are booked in the third quarter of 2020. Chart’s position in the hydrogen value chain.

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DOE: US net petroleum imports negative for 2020

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In 2020, net petroleum imports (total imports minus exports) were negative for the first time since the US Energy Information Administration began tracking them—i.e., Total petroleum products supplied is the sum of the products supplied for each petroleum product, crude oil, unfinished oils, and gasoline blending components.

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Roskill: Rising prices could be new norm for lithium industry

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In its second quarterly update to its Lithium: Outlook to 2030, 17 th Edition report, Roskill maintains the view that future refined lithium supply will remain tight, with a period of sustained supply deficit in the mid-2020s. The lithium-ion battery supply chain does not only depend on lithium.

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Benchmark: China’s cathode industry expansion surges to meet battery demand

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Following a series of major expansion announcements in 2021, China’s cathode industry is moving closer to having its first producer with a capacity of one million tonnes per annum (tpa), according to Benchmark Mineral Intelligence. The full report is available to Benchmark Membership subscribers.

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Nidec to acquire Mitsubishi Heavy Industries Machine Tool to support push into EV drives; E-Axle

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Nidec Corporation’s Board of Directors approved a resolution to acquire the shares of Mitsubishi Heavy Industries Machine Tool Co., After completion of the acquisition, Mitsubishi Heavy Industries Machine Tool will become Nidec-Shimpo’s third main business.