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POSCO Holdings begins construction of $830M lithium plant in Argentina

Green Car Congress

Korea-based POSCO Holdings recently started construction of a lithium commercialization plant in Argentina. POSCO Group is the first to produce lithium hydroxide for batteries in Argentina throughout the entire process from the acquisition of mining rights to exploration, construction and operation of a production plant. Earlier post.)

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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. In 2018, POSCO Holdings acquired a package of tenements from Galaxy Resources in the Salar de Hombre Muerto in Argentina in order to secure lithium preemptively.

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

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Bolivian micro-mobility and clean energy startup MOBI has partnered with American direct lithium extraction company Energy Exploration Technologies Inc. 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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Rio Tinto completes acquisition of Rincon lithium project for $825M

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Rio Tinto has completed the acquisition of the Rincon lithium project in Argentina for $825 million, following approval from Australia’s Foreign Investment Review Board (FIRB). We will be working with local communities, the Province of Salta and the Government of Argentina as we develop this project to the highest ESG standards.

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

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Ultra Lithium said it is in full support of Canada’s push toward clean energy and has been committed to lithium and green energy since 2009. Ultra Lithium is proceeding with planned work programs at its properties in Northern Ontario and Argentina.

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UPS makes largest purchase of renewable natural gas yet in the US: 170M gallon equivalents over 7 years

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UPS announced an agreement with Clean Energy Fuels Corp. Renewable natural gas, produced naturally from bio sources such as landfills and dairy farms, not only turns trash to gas, but it turns it into clean gas. will use the RNG from Clean Energy to operate UPS delivery vehicles. Clean Energy, co-founded by T.

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California Governor signs bill creating commission on lithium extraction in California

Green Car Congress

Currently, virtually all of the lithium used in the US is produced outside the country—most is mined in Argentina, Chile, China, and Australia. A focus is advancing California’s unique opportunity to recover lithium from geothermal brine in support of California’s clean energy future.