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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. Volume produced will be marketed by each shareholder based on their respective shareholding in the project. Background.

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Enel acquires eMotorWerks to provide grid balancing solutions and tap into US e-mobility market

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The acquisition of eMotorWerks marks Enel’s entrance into the US electric mobility market. Enel has installed around 5,000 charging stations in Italy, Spain, Romania, Greece, Chile, Colombia and Argentina. Enel is a multinational power company and a leading integrated player in the global, power, gas and renewables markets.

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BYD to build new $1.2B battery factory in China

Teslarati

The environmental fillings found on a local Chinese government website state that the project will come at an expected cost of 8 billion yuan ($1.2 BYD’s new battery production follows a string of announcements that BYD would be entering numerous global markets. However, a construction start date was not specified.

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Australia forecasts lithium export earnings of $16B in 2022-23, up from $5B in 2021-22

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Higher prices for lithium and other key battery materials (such as nickel, graphite and cobalt) continue to put upward pressure on the cost of batteries which in turn is putting upward pressure on EV prices, the report notes. This rapid growth is forecast to be met by gains in output by Australia, Chile and Argentina.

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Daimler & Renault-Nissan Alliance expand cooperation to 1-ton pickup trucks

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The primary target markets for the truck are Europe, Australia, South Africa and Latin America. The NP300, sold under the name NP300 Navara and NP300 Frontier (depending on the market), was launched in June 2014 and is currently produced in Thailand and Mexico. Market Background Vehicle Manufacturers'

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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. Lithium brine operations typically have a much lower cost of production than hard-rock lithium deposits.

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Forecast: Global Natural Gas Vehicle Fleet to Reach 17 Million by 2015

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The cleantech market intelligence firm forecasts that the number of NGVs on the road worldwide will grow to 17 million vehicles by 2015, up from 9.7 Globally, Pike Research forecasts that the NGV market will grow at a CAGR of 5.5% The reasons for NGV market growth vary for each country, according. million in 2008.

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