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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. Our decision to carry out our lithium project in Argentina is in line with the dynamic of strong market growth. Background.

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POSCO begins construction of S Korea’s first lithium hydroxide plant

Green Car Congress

POSCO Holdings recently began construction at the Yulchon 1 st Industrial Complex in Jeollanam-do (South Jeolla Province, S. Korea) of the country’s first lithium hydroxide plant, which will produce secondary battery materials using lithium produced from brine in Argentina. POSCO Group’s lithium brine demo plant in Argentina.

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Global geothermal industry passes 12,000 MW operational

Green Car Congress

The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). New project announcements have increased the resource under development to about 30,000 MW.

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

Green Car Congress

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. Space is available to build the ponds in a suitable location, from a geotechnical perspective.

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

Baua Electric

billion) into a financing facility to support exports. If rich democracies wanted to build a clean-energy industry free of Beijing’s influence, they should have had their checkbooks out when miners and processors were starved of cash during the 2010s. Take Albemarle Corp., Even in Canada, Chinese money has been crucial.

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G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

Green Car Congress

Building on these efforts and recognizing the challenges of populations suffering from energy poverty, we commit to: Rationalize and phase out over the medium-term inefficient fossil fuel subsidies that encourage wasteful consumption. Many countries are reducing fossil fuel subsidies while preventing adverse impact on the poorest.

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GM leads $50M funding round in EnergyX; advanced lithium extraction and refining technology

Green Car Congress

GM Ventures is leading a $50-million Series B financing round in EnergyX , and has entered into a strategic agreement to develop EnergyX’s lithium extraction and refinery technology. We will unlock lithium supply in the US, a pivotal move in expanding the EV industry. Earlier post.)

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