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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. Our decision to carry out our lithium project in Argentina is in line with the dynamic of strong market growth. Background.

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

Green Car Congress

Australia is the largest lithium exporter in the world, accounting for 46% of the world’s lithium production in 2021. Australia’s lithium production is forecast to grow from 335,000 tonnes of lithium carbonate equivalent (LCE) in 2021–22 to 399,000 tonnes in 2022–23 and 470,000 tonnes of LCE in 2023–24. billion in 2021–22 to $16.1

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Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

Green Car Congress

World ethanol and biodiesel production, 1975-2010. Global production of biofuels increased 17% in 2010 to reach an all-time high of 105 billion liters (28 billion gallons US), up from 90 billion liters (24 billion gallons US) in 2009. Source: Worldwatch Institute. Click to enlarge. Biofuels provided 2.7%

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BYD to build new $1.2B battery factory in China

Teslarati

FinDreams Technology, the battery subsidiary of BYD, has filed paperwork to establish a new battery production facility in Central China. Now, as the company looks to expand outside of Asia, it is doubling down on its Chinese production capabilities. BYD has seen rapid growth in its automotive business over the past two years.

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

Green Car Congress

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. The measured and indicated resource of 6.4

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Nio buys 12% stake in lithium mining company

Teslarati

Nio is taking steps to secure raw materials for battery production. Greenwing plans to use 80% of the funds from Nio’s purchase for its San Jorge Lithium Project in Argentina. The remaining portions of the funds will be used for general working capital purposes and costs of the proposed transaction. per share (Placement).

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

Green Car Congress

Production of Renault’s 1-ton truck will begin in 2016 at Nissan’s plant in Cuernavaca, Mexico. The Mercedes-Benz 1-ton pickup truck will be built by Nissan in the Renault plant in Cordoba, Argentina, along with the Nissan NP300 and the Renault 1-ton truck, for Latin America.

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