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Northern Graphite closes acquisition of two graphite mines; 3rd largest non-Chinese graphite company

Green Car Congress

Canada-based Northern Graphite Corporation has closed its previously announced acquisition of the producing Lac des Iles graphite mine (LDI) in Québec from a subsidiary of Imerys SA and the Okanjande graphite deposit/Okorusu processing plant in Namibia from a subsidiary of Imerys and its joint venture partner.

Namibia 284
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Agreements reached on trans-Guinean infrastructure in milestone for Simandou iron ore project

Green Car Congress

Rio Tinto and the Simfer joint venture (Simfer) reached an important milestone by concluding key agreements with the Republic of Guinea (West Africa) and Winning Consortium Simandou (WCS) on the trans-Guinean infrastructure for the world class Simandou iron ore project.

Guinea 195
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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. But continuing to build new coal-fired plants will leave producers with only bad options toward a net-zero future by 2050. &mdashJulia Attwood, head of sustainable materials at BNEF and lead author of the report.

Hydrogen 221
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Ford opening 66 more new dealerships in China by end of year; Asia-Pacific growth plans

Green Car Congress

Many of these cities, relatively unknown outside of China, have populations well above one million people and will help lead the next wave of growth in the Chinese economy. CFMA) are building a new assembly plant in Chongqing, and just signed an agreement to build a new engine plant also in Chongqing.

Asia 199
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Ford CEO Unveils New Figo for India Market and Export Sales, New Manufacturing Plant in China with Changan

Green Car Congress

Separately, Ford announced that its joint venture with Changan in China—Changan Ford Mazda Automobile (CFMA)—is building a new, manufacturing facility in Chongqing, scheduled for completion in 2012. billion), represents a significant step in Ford’s continuing expansion strategy in the Asia Pacific and Africa region. Alan Mulally.

India 210
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Celanese sees new TCX ethanol process as key component in future growth; a paradigm shift in ethanol production

Green Car Congress

As it announced during its investor conference earlier this week, Celanese Corporation, a global technology and specialty materials company, has increased its 2013 earnings growth objectives to adjusted earnings per share of at least $6.00, or operating EBITDA of at least $1.7 Source: Celanese. Click to enlarge. Earlier post.).

Future 210
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Three perspectives on China’s EV industry (spoiler alert: legacy brands are toast) – Charged EVs

Baua Electric

Each reaches basically the same conclusion: the global non-Chinese automakers will never be able to catch up unless they radically change their corporate mindsets. Foreign brands gradually lost the cachet they once had with Chinese consumers. Total Chinese car exports grew from 1 million in 2020 to 5 million in 2023.