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POSCO to invest $830M in lithium hydroxide plant in Argentina

Green Car Congress

South Korea-based steelmaker POSCO will invest US$830 million in a lithium hydroxide plant in Argentina. Earlier in 2021 year, POSCO broke ground on a lithium hydroxide plant in South Korea with an annual production capacity of 43,000 tons of lithium hydroxide—enough to manufacture about 1 million electric vehicles, according to POSCO.

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Cornell study examines trade-off between critical metals requirement and transportation decarbonization

Green Car Congress

Higher EV penetration reduces GHG emissions from fuel use regardless of the transportation energy transition, while those from fuel production are more sensitive to energy-sector decarbonization and could reach nearly “net zero” by 2040. —Zhang et al. (a) a) Annual demand and recycling potential with or without a second use. (a)

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Toyota Tsusho venture starts full-scale lithium production at Salar de Olaroz, Argentina

Green Car Congress

an Argentine lithium development company in which it owns a stake, has officially started lithium production at Salar de Olaroz in Jujuy Province, northwestern Argentina. This plant has now starts commercial production. This project marks the first investment by a Japanese company into lithium carbonate development in Argentina.

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ADEME / IFPEN study examines non-geological risks in the security of lithium supplies based on electrification of global car fleet

Green Car Congress

ADEME, France’s Environment and Energy Management Agency, carried out a study with IFP Energies nouvelles (IFPEN) on the dynamics of lithium supply and demand, based on different scenarios for the electrification of the global car fleet by 2050. Source: USGS, 2017).

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Toyota Tsusho JV to begin lithium production in Argentina in 2013; supplies for Toyota Motor

Green Car Congress

will begin lithium production in the Salar de Olaroz Lithium-Potash Project in Argentina in 2013 through its joint venture with Australian mining concern Orocobre Ltd. Results of a feasibility study at the site, a salt lake in northwestern Argentina, showed estimated deposits of 6.4 Earlier post.). million tons.

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BMW Group to source lithium from Livent

Green Car Congress

By sourcing lithium from a second supplier, we are securing requirements for production of our current fifth generation of battery cells. 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.

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SQM and Lithium Americas announce joint venture to develop lithium project in Argentina

Green Car Congress

LAC) are forming a 50/50 joint venture to develop the Caucharí-Olaroz lithium project in Argentina. SQM and LAC intend to immediately advance a work and engineering plan, which contemplates completion of an updated definitive feasibility study based on an existing study for Caucharí that was completed by Minera Exar in 2012.

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