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Chinese steel group Tsingshan investing $375M to build lithium plant in Argentina with Eramet

Green Car Congress

China’s Tsingshan , the world’s largest producer of stainless steel, will invest $375 million to build a lithium plant in Argentina with French multinational mining and metallurgy company Eramet. The two companies have partnered before, with the Weda Bay Nickel project in Indonesia. Background.

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Porta Hnos licenses Gevo’s bio-isobutanol technology for Argentina

Green Car Congress

has signed a letter of intent to become the exclusive licensee of Gevo’s GIFT technology in Argentina to produce renewable isobutanol. Porta is a 132-year-old family-owned company in Argentina that produces liquor, vinegars and has a 120 m 3 /day corn ethanol plant. Porta Hnos S.A. —Fernando Porta, Vice President of Porta.

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Bio-isobutanol company Gevo signs licensing and joint development agreements with Porta in Argentina; corn feedstock

Green Car Congress

to construct multiple isobutanol plants in Argentina using corn as a feedstock. As one of the leading engineering, procurement and construction (EPC) service providers to the ethanol industry in Argentina, Porta would provide the EPC services for the projects. Patrick Gruber, Gevo CEO.

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Nissan investing $600M in Argentina; domestic production of new pick-up

Green Car Congress

Nissan Motor will invest $600 million in Argentina and will become an Original Equipment Manufacturer (OEM) with the domestic production there of an all-new NP300 Frontier pick-up. With the expansion, Nissan is making Argentina a key component of its regional strategy eventually to position itself among the Top 3 brands in Latin America.

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Rio Tinto to acquire Rincon Mining lithium project for $825M

Green Car Congress

Rio Tinto has entered into a binding agreement to acquire the Rincon lithium project in Argentina from Rincon Mining , a company owned by funds managed by the private equity group Sentient Equity Partners, for $825 million. The project is a long-life, scaleable resource capable of producing battery-grade lithium carbonate.

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Ultra Lithium, Power Metals respond to Government of Canada’s order for Chinese divestment in critical minerals

Green Car Congress

The Government of Canada has ordered three Chinese companies to divest from three Canadian critical mineral companies: Power Metals, Lithium Chile, and Ultra Lithium. Ultra Lithium has now issued a statement noting that the company has been advised that Zangge Mining Investment (Chengdu) Co. Earlier post.)

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BYD the recommended company for Argentinian tender for 50 electric buses

Green Car Congress

BYD has been officially selected as the recommended company by the evaluation committee in Argentina for the purchase of 50 electric buses on behalf of the Ministry of Environment. In November 2011, the company signed its first MOU with the Ministry of Industry and the Secretary of Transport.

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