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Bass Metals to acquire San Jorge lithium brine project in Argentina

Green Car Congress

Australia-based Bass Metals has signed a binding term sheet to acquire Blackearth SA which holds an option to acquire the san Jorge Lithium Project located in Catamarca province, Argentina. Bass has exposure to both.

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Australia forecasts lithium export earnings of $16B in 2022-23, up from $5B in 2021-22

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This will make lithium Australia’s sixth-largest resource and energy commodity export. Australia is the largest lithium exporter in the world, accounting for 46% of the world’s lithium production in 2021. This rapid growth is forecast to be met by gains in output by Australia, Chile and Argentina.

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KABIL Secures $24 Million Lithium Exploration Deal in Argentina | Autocar Professional

Baua Electric

In a move aimed at bolstering its lithium reserves and fostering the development of lithium mining and downstream sectors, India’s state-owned Khanij Bidesh India (KABIL) has inked a significant lithium exploration deal in Argentina. This includes initiatives in countries like Australia, Argentina, and Chile.

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Nuseed, bp partner to accelerate market adoption of Nuseed Carinata as a sustainable low-carbon biofuel feedstock

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have entered into a long-term strategic offtake and market development agreement that will see bp, or its affiliates, purchase Nuseed Carinata oil to process or sell into growing markets for the production of sustainable biofuels. Initial research and market development programs are also underway in Europe and Australia.

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SK On signs MOU with Global Lithium Resources to bolster key battery materials supply chain

Green Car Congress

South Korea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium. Map of Western Australia showing the location of Global Lithium’s assets.

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GlobalData: growing global electric vehicle market will more than double lithium demand over the next 5 years

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According to GlobalData, the global EV market is expected to grow at a substantial CAGR of 15.6% The company projects that China will lead the global EV market with more than 50% share and grow three times as fast as the US over the next five years. million by 2022. —Vinneth Bajaj.

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Allkem and Livent to merge to create $10.6B lithium producer, one of world’s largest

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Australia-based Allkem and US-based Livent announced a definitive agreement to combine in an all-stock merger of equals valuing the combined company at US$10.6 The merger will create a leading global lithium chemicals producer that will target large automotive companies and look to accelerate supply growth in Canada and Argentina.

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