Remove Argentina Remove Battery Remove Financing Remove Price
article thumbnail

POSCO Holdings begins construction of $830M lithium plant in Argentina

Green Car Congress

Korea-based POSCO Holdings recently started construction of a lithium commercialization plant in Argentina. POSCO Group is the first to produce lithium hydroxide for batteries in Argentina throughout the entire process from the acquisition of mining rights to exploration, construction and operation of a production plant.

Argentina 333
article thumbnail

Neo Lithium closes strategic investment with CATL; ~8% stake; 3Q project

Green Car Congress

Limited (CATL), whereby CATL, through a subsidiary controlled by CATL, subscribed for 10,217,503 common shares of Neo Lithium at a price of C$0.84 It further strengthens our long-term commitment and focus on our Project as we work together with CATL to bring 3Q into full development by building a comprehensive financing plan.

Argentina 418
article thumbnail

Toyota Tsusho to acquire 15% stake in lithium miner Orocobre for US$232 million

Green Car Congress

Lithium demand is expected to continue growing with the shift from fossil-fuel powered vehicles to electric vehicles (EV), in addition to the steady growth of lithium-ion batteries for electric devices. Demand growth to date has seen the lithium price more than doubled in the past few years.

Toyota 207
article thumbnail

It’s too late to China-proof the lithium supply chain – ET Auto

Baua Electric

In a world where electric vehicles and utility-scale batteries are taking over, it would be nice to not depend on a geopolitical rival for your most important raw material. billion) into a financing facility to support exports. while the other was owned by Chinese battery producer Contemporary Amperex Technology Co.

China 52
article thumbnail

DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

Green Car Congress

While LNG is expected to be an early success, the picture becomes more diversified over time, as more than 20% of shipping could adopt hybrid propulsion solutions featuring batteries or other energy storage technologies, according to the paper. Ship electrification and renewables.

article thumbnail

A Brief Look at Today's Plug-in Hybrid and Electric Vehicles and the Companies That Are Revolutionizing an Old Industry - Yahoo! Finance

Tony Karrer Delicious EVdriven

The battery capacity that is needed for an all-electricvehicle iscurrently very costly. Dueto theunpredictability of gas prices and increasing consumer demandfor more fuelefficient vehicles the report projects that the demand forhybrids shallincrease dramatically in the coming years. Finance partner page. No Gimmicks.