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

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

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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. —Constantine Karayannopoulos, Chairman of Neo Lithium.

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

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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. of all global fuel for road transportation—an increase from 2% in 2009, according to the report. Source: Worldwatch Institute. Click to enlarge.

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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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This is equivalent to planting 17,000,000 trees, removing 228,000 cars off the road or recycling 374,000 tons of waste that would otherwise be sent to the landfill. Also known as biomethane, RNG can be derived from many abundant and renewable sources, including decomposing organic waste in landfills, wastewater treatment and agriculture.

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Forecast: Global Biofuels Use to Double by 2015, Second-Gen Biofuels to Lag Expectations

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Despite a number of key issues such as land use and competition for feedstocks supplies for traditional food and feed uses, global use of biofuels is excepted to more than double from 2009 to 2015, according to a new global analysis released by Hart Energy Publishing’s Global Biofuels Center (GBC). billion gallons).

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G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

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Inefficient fossil fuel subsidies encourage wasteful consumption, distort markets, impede investment in clean energy sources and undermine efforts to deal with climate change. The inaugural meeting of the G-20 took place in Berlin, on December 15-16, 1999, hosted by German and Canadian finance ministers.