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

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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. interest, and will retain operational management responsibility; its partner Tsingshan is financing the plant construction in exchange for 49.9%

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POSCO accelerates production of lithium in Argentina with early stage 2 investment

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POSCO Holdings has moved up the scheduled investment in the second stage of a lithium production operation in Argentina from next year to now, due to increased demand for lithium amid booming investment in the secondary battery sector resulting from the “Inflation Reduction Act ” in the United States. billion (about KRW 1.5

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

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Korea) of the country’s first lithium hydroxide plant, which will produce secondary battery materials using lithium produced from brine in Argentina. POSCO Pilbara Lithium Solution, a wholly-owned subsidiary of POSCO Holdings, will be responsible for the financing, construction, and operation of the plant. Earlier post.)

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President of Mexico nationalizes lithium

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Sonora hosts virtually all Mexico’s lithium resources—8.82Mt lithium carbonate equivalent (LCE) or 1.66Mt lithium metal. million tons of lithium carbonate equivalent, The capacity of phase I is expected to be 50,000 tons of lithium hydroxide. World leaders Bolivia, Argentina and Chile hold 21Mt, 19Mt and 9.8Mt.

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

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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. The closing of the CATL strategic investment validates the quality of our 3Q project and the capabilities of our management team.

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

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Toyota Tsusho and Orocobre have been long-term partners in the development of the Salar de Olaroz Lithium Facility in Jujuy Province in northern Argentina, a lithium brine project, which was brought into successful production in 2014.

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

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While renewable energy, particularly solar and wind, may have some potential to mitigate carbon emissions, this is not seen as a viable large-scale alternative for commercial shipping. In this case GHG and other pollutants will still be emitted, but they can be reduced through exhaust gas cleaning systems or carbon capture and storage.