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Rio Tinto to acquire Rincon Mining lithium project for $825M

Green Car Congress

Rio Tinto has entered into a binding agreement to acquire the Rincon lithium project in Argentina from Rincon Mining , a company owned by funds managed by the private equity group Sentient Equity Partners, for $825 million. The project is a long-life, scaleable resource capable of producing battery-grade lithium carbonate.

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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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California Governor signs bill creating commission on lithium extraction in California

Green Car Congress

The Blue Ribbon Commission will review, investigate, and analyze certain issues and potential incentives regarding lithium extraction and use in California. Currently, virtually all of the lithium used in the US is produced outside the country—most is mined in Argentina, Chile, China, and Australia.

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InterAcademy Council to Conduct Independent Review of the UN IPCC’s Processes and Procedures at Request of United Nations and IPCC

Green Car Congress

The United Nations Secretary General and the Chairman of the Intergovernmental Panel on Climate Change (IPCC) announced have asked the InterAcademy Council (IAC) to conduct an independent review of the IPCC’s processes and procedures to further strengthen the quality of the Panel’s reports on climate change.

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

Green Car Congress

Major new contributors to the growth of global biofuels between 2009 and 2015 include Indonesia, France, China, India, Thailand, Colombia, Malaysia, Philippines and Argentina. The study also reviews the status of existing biofuels plants (operational, idle or shut down).

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Study find biofuels policy doubles CO2 emissions

Green Cars News

According to the new figures, soy crops from US, Argentina and Brazil, used in the most common biodiesels sold in the UK, could be causing 3 times more emissions than conventional fossil fuels. Ministers say the policy will save two and half million tonnes of carbon dioxide per year, equivalent, to taking 1 million cars off the roads.

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The Dirty Truth of Petrol & Diesel Vehicles

Plug In India

Lithium is a metal that is mined in the deserts of Australia, China, Argentina, and Chile. You have enough electricity to power all the cars in the country if you stop refining oil Refining oil takes a huge amount of energy and generates even more pollution What about Lithium mining? So what about the lithium used in EV batteries?

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