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

Green Car Congress

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. It has potential to produce battery-grade lithium carbonate with one of the lowest carbon footprints in the industry.

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Eramine Sudamerica joins Argentine lithium race with Salta plant – ET Auto

Baua Electric

Argentina, located on the so-called “lithium triangle” spanning Bolivia and Chile, is the world’s fourth-largest producer and has been drawing investment from foreign firms as far as Canada and China. Over half the world’s known lithium resources are in South America.

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Galaxy notes lithium carbonate prices in China rose 17% over last 12 months

Green Car Congress

Lithium producer Galaxy Resources Ltd says prices for both technical and battery grade lithium carbonate in its key market, China, have risen significantly on the back of tight demand and supply fundamentals, with current prices up almost 17% on the same time last year. —Galaxy Managing Director Iggy Tan.

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

Green Car Congress

Canada-based Neo Lithium Corp. The 3Q Project (Tres Quebradas Lithium Project) is located in Catamarca Province, the largest lithium producing area in Argentina, and covers approximately 35,000 ha including a salar complex of approximately 16,000 ha. per common share for gross proceeds to Neo Lithium of C$8,582,702 (US$6.7

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Rio Tinto starts demonstration plant in Québec for new spodumene concentration process

Green Car Congress

Rio Tinto has started producing spodumene concentrate, a mineral used in the production of lithium for batteries, at a demonstration plant in its Rio Tinto Iron and Titanium (RTIT) Québec Operations in its metallurgical complex in Sorel-Tracy, Canada.

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EIA: New import duties drove biomass-based diesel imports down in 2017

Green Car Congress

Although increasing Renewable Fuel Standard (RFS) targets have driven increased biomass-based diesel demand in recent years, imports fell in 2017 largely because of US Department of Commerce (DOC) import duties imposed on foreign biodiesel volumes sourced from Argentina and Indonesia, two of the leading exporters of biodiesel, EIA said.

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CATL acquiring Millennial Lithium for C$377M; beating Ganfeng Lithium offer

Green Car Congress

China-based battery-maker CATL will acquire Canada-based Millenial Lithium in an all-cash deal of approximately C$377 million (US$298 million) (C$3.85 Argentina is a favorable mining jurisdiction which hosts some of the world’s largest lithium resources. per common share), after topping an earlier offer by Ganfeng Lithium of C$3.60/share.

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