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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

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Tesla in Berlin, Northvolt in northern Germany and Italvolt near Turin are among the projects that stand to lose the greatest volumes of their slated capacity as the companies weigh up investing in the US instead. EU battery manufacturing is caught in the crossfire between America and China. Europe must act or risk losing it all.

Companies 430
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Brine-to-battery company EnergyX secures $450M funding agreement with Global Emerging Markets

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Lithium and battery technology company Energy Exploration Technologies announced a $450-million investment commitment from Global Emerging Markets (GEM). The proceeds from this capital investment will further the company’s commercialization efforts of its direct lithium extraction and refinery technologies.

Global 199
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CharIN response to Tesla opening its North America Charging Standard

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and its CharIN North America Chapter (operating as CharIN Inc.), CharIN is the largest global association focused on the electrification of all forms of transportation based on the seamless and interoperable charging experience enabled by the Combined Charging System (CCS) and the Megawatt Charging System (MCS). issued a response.

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Lithium Americas begins construction at Thacker Pass

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Lithium Americas Corp. The company is working closely with the BLM to complete the required follow-up and does not expect it to impact the overall construction timeline. EXP Global Inc. EXP Global Inc. Established in 1906 and operationally headquartered in Chicago, EXP is a global leader in oil, gas and chemicals.

America 305
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Uranium Energy Corp completes acquisition of Uranium One Americas; largest uranium mining company in US

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UEC) recently acquired all of the issued and outstanding shares of Uranium One Americas (U1A), Inc. Also, the opportunity to have acquired an advanced asset base of this quality from one of the global leaders in the nuclear energy industry is highly unique. Uranium Energy Corp. Wyoming Hub and Spoke.

Wyoming 435
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BMW Group secures CO2-reduced steel for global production network

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Following initial contracts with European suppliers, the BMW Group has now concluded further 2 -reduced-steel-for-global-production-network">agreements for the supply of CO 2 -reduced steel in the US and China. Over the coming years, Boston Metal plans to expand the new method for steel production on an industrial scale.

BMW 444
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The Metals Company and Low Carbon Royalties form strategic partnership

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Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc. gross overriding royalty on a producing natural gas field in Latin America, providing exposure to a lower-carbon transition fuel aligned with government emissions reduction policies.

Carbon 352