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S&P Global: US faces new challenges meeting increased demand for critical minerals spurred by IRA

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The US Inflation Reduction Act (IRA) is accelerating demand for critical minerals (lithium, cobalt and nickel) and copper that are vital to energy transition technologies. However, ensuring enough qualifying supply to meet that demand faces “considerable challenges,” according to a new analysis by S&P Global.

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Schlumberger New Energy and Panasonic Energy of North America partner on new battery-grade DLE lithium production process

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Neolith Energy uses a differentiated direct lithium extraction (DLE) process to produce high-purity, battery-grade lithium material while reducing the production time from more than a year to weeks. Earlier post.).

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Mercedes-Benz to launch global branded high-power charging network, starting in North America with €1B investment

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Mercedes-Benz plans to launch a global high-power charging network across North America, Europe, China and other key markets. Mercedes-Benz intends for its high-power charging network to enhance customers’ charging experience, and create a global infrastructure asset with future value-creation potential.

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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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Energy storage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). Europe, however, is catching up with a significant ramp-up in capacity fueled by the current energy crisis.

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LG Energy Solution partners with 3 Canadian suppliers to augment cobalt, lithium supply chain in N America

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LG Energy Solution (LGES) signed separate partnership agreements with three major critical mineral suppliers in Canada. are in line with LG Energy Solution’s strategic vision to reinforce its key battery materials supply chain in North America. The latest arrangements to secure lithium and cobalt from Snow Lake Resources Ltd.,

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Vingroup member VinES and Li-Cycle launch global battery recycling partnership

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Li-Cycle Holdings, the leading lithium-ion battery recycler in North America, and Vines Energy Solutions ( VinES ), a Vingroup company that specializes in the research, development and manufacturing of advanced batteries for mobility and energy storage applications, launched a global recycling partnership.

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Benchmark Mineral Intelligence: global battery gigafactory pipeline tops 300; China dominates

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China continues to dominate gigafactory announcements, but North America and Europe have seen significant growth over the past two years thanks in part to automaker and battery manufacturer joint ventures. In 2031, China is set to have almost 4,500 GWh of gigafactory capacity, representing 70% of global capacity.

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