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

Green Car Congress

Ensorcia, whose main operations are now based in Argentina and Chile, currently has several projects under study for the creation of different lithium processing plants in South America, Europe and North America. Ensorcia uses IBAT ’s modular, mobile DLE (Direct Lithium Extraction) technology.

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Volkswagen investing €560M in Argentina plant for new MQB-based SUV

Green Car Congress

Volkswagen is investing some €560 million (US$652 million) over the next five years in the production of a new MQB-based SUV in Pacheco, Argentina. From 2020, the plant will deliver the new model built in Argentina to the entire South American continent. Key drivers behind this positive development are Brazil and Argentina.

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GM investing $650M in Lithium Americas; offtake agreement from Thacker Pass

Green Car Congress

GM has secured all the battery material we need to build more than 1 million EVs annually in North America in 2025 and our future production will increasingly draw from domestic resources like the site in Nevada we’re developing with Lithium Americas. Tranche 2: GM to invest $330 million into Lithium Americas.

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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

Green Car Congress

Ford plans to reach a 600,000 global EV run rate by late 2023 with the following EVs: 270,000 Mustang Mach-Es for North America, Europe and China. 150,000 F-150 Lightnings for North America. 150,000 Transit EVs for North America and Europe. Ford announced that Contemporary Amperex Technology Co.,

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Nuseed, bp partner to accelerate market adoption of Nuseed Carinata as a sustainable low-carbon biofuel feedstock

Green Car Congress

Nuseed and BP Products North America Inc., Nuseed is currently increasing commercial production in Argentina and planning expansion programs in South America and the United States. bp expects to initially target low-carbon biofuel markets in Europe and North America. million barrels a year in 2022.

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Ford, Rio Tinto sign MOU for battery and low-carbon materials supply to support net-zero future

Green Car Congress

Under the agreement, Ford will explore becoming the foundation customer for Rio Tinto’s Rincon lithium project in Argentina. Rio Tinto’s Rincon is a large lithium brine project located in the heart of the lithium triangle in the Salta Province of Argentina. Rio Tinto completed its acquisition of Rincon earlier this year. Earlier post.)

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Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

Green Car Congress

In 2012, East Asia accounted for 60% of total global consumption with Europe accounting for a further 24% and North America 9%. Production is dominated by Talison Lithium in Australia, SQM and Rockwood Lithium in Chile, and FMC in Argentina.

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