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Start-Up MOBI LATAM partners with EnergyX to develop Bolivian domestic lithium battery supply chain

Green Car Congress

Both companies will work towards creating a Bolivian domestic lithium battery supply chain to develop the region’s electric mobility market. Bolivia is lithium-rich; the USGS estimates identified lithium reserves in the country to be 21 million tons—ahead of Argentina and Chile, the other members of the “lithium triangle”.

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SK On takes 10% stake in Australia’s Lake Resources; battery-grade lithium supply deal

Green Car Congress

SK On, a global electric vehicle (EV) battery manufacturer, signed a lithium supply deal with Australia’s Lake Resources ( earlier post ), a move that will further strengthen its key battery materials supply chain in response to robust business growth and geopolitical risks. million electric vehicles (EVs). Earlier post.).

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Ford, Rio Tinto sign MOU for battery and low-carbon materials supply to support net-zero future

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Ford Motor Company and Rio Tinto have signed a non-binding global memorandum of understanding (MOU) jointly to develop more sustainable and secure supply chains for battery and low-carbon materials to be used in Ford vehicles. Rio Tinto completed its acquisition of Rincon earlier this year. Earlier post.)

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GM to invest $450M in Argentina

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General Motors will invest $450 million between 2013 and 2015 to expand its Rosario Automotive Complex to build an all-new global Chevrolet vehicle, Chairman and CEO Dan Akerson said Wednesday. GM Argentina produced a record of more than 136,000 vehicles at its Rosario facility in 2011.

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Evonik builds new catalyst plant for biodiesel production in Argentina

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Germany-based Evonik Industries is building a new plant for manufacturing catalysts for biodiesel production in Argentina. The plant, which is expected to be operational by the end of 2012 at the latest, will supply ready-to-use alcoholates as catalysts for the production of biodiesel from renewable resources.

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

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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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Toyota Tsusho venture starts full-scale lithium production at Salar de Olaroz, Argentina

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an Argentine lithium development company in which it owns a stake, has officially started lithium production at Salar de Olaroz in Jujuy Province, northwestern Argentina. This project marks the first investment by a Japanese company into lithium carbonate development in Argentina. Earlier post.).

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