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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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Ford builds 150,000th Mustang Mach-E; on sale in 37 countries

Green Car Congress

Ford Co-Pilot360 Driver Assist Technology is now standard across Mustang Mach-E across the lineup. New Zealand, Brazil and Argentina are among the latest markets added to the Mustang Mach-E stable. The Mustang Mach-E is available in 37 countries across the world for 2023, up from 22 in the vehicle’s first year.

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Opinion: Can Argentina Capitalize On Its Vast Shale Reserves?

Green Car Congress

Argentina, once a regional energy leader, is now better known for financial busts and bombastic politicians than hydrocarbons prospects. The question today is just how much Argentina is willing to change and how this plays into a low oil price environment that is already negatively impacting investment elsewhere.

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BMW Group to source lithium from Livent

Green Car Congress

Now, the company is broadening its supplier base and additionally sourcing lithium from Argentina, where the raw material is obtained from brine from salt lakes. View of the salt lake Salar del Hombre Muerto in northern Argentina. Working towards strict IRMA standard for lithium mining.

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Rio Tinto completes acquisition of Rincon lithium project for $825M

Green Car Congress

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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Shell starts production at Vito in US Gulf of Mexico; new, simplified design

Green Car Congress

Vito also serves as the design standard for the Whale project that will feature a 99% replication of the Vito hull and 80% of Vito’s topsides. Shell reached an FID on Whale in 2021 and is currently scheduled to begin production in 2024. Shell is the leading operator in the US Gulf of Mexico for oil and gas production.

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Mercedes-Benz Vans shows pickup truck concepts; market launch in late 2017; diesel V6

Green Car Congress

Daimler AG will make investments in the high nine figures (euro) in the new model series by the time of the market launch. The key markets will be Argentina, Brazil, South Africa, Australia with New Zealand, and Europe. A host of assistance systems will already come as standard. Argentina comes close behind with 11.6%.

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