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

Green Car Congress

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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Ensorcia to invest €200M to build lithium hydroxide conversion plant in Europe

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The plant, under the auspices of Ensorcia European subsidiary Sorcia Europe, should start its operations in 2025 with an installed capacity of 20,000 tons LCE per year, and a ramp-up capacity of 40 thousand tons. Ensorcia uses IBAT ’s modular, mobile DLE (Direct Lithium Extraction) technology.

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Cargill to Invest $112M in Co-generation and Soy Biodiesel Plants in Argentina

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Cargill will invest a total of US$112 million in an 18 MW co-generation plant and a soybean biodiesel production plant with a processing capacity of 240,000 tons per year in Argentina.

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

Green Car Congress

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 has installed around 5,000 charging stations in Italy, Spain, Romania, Greece, Chile, Colombia and Argentina.

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Ford sources battery capacity and raw materials for 600K EV annual run rate by late 2023, 2M by end of 2026; adding LFP

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Plus, SK On has installed capacity to support the scaling of Ford’s high-volume F-150 Lightning and E-Transits through late 2023—scaling NCM cell production beyond earlier-planned levels from its Atlanta facility and providing new battery cell capacity from its Hungary operation.

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New Volkswagen MQ281 manual gearbox shaves up to 5g CO2/km

Green Car Congress

Although they function unobtrusively, manual gearboxes have a significant share of the gearbox market worldwide due to a high installation rate. Only slight modifications were sufficient to improve efficiency and consumption. The trend towards vehicles from the SUV segment with large-diameter wheels places high demands on the gearbox.