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Australia Goes All-in on Green Hydrogen

Cars That Think

Welcome to Australia, where a green-hydrogen boom is in full swing. Phantom projects are not a problem confined to Australia. Amid this noisy background, Queensland is home to the two projects most likely to boost the credibility of Australia’s green-hydrogen juggernaut in 2023. In 2021, Ark Energy took a stake in.

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Albemarle confirms non-binding agreement to acquire Liontown at US$4.32B

Green Car Congress

Albemarle Corporation confirmed that it will be working toward the execution of a binding agreement to acquire Australia-based battery minerals company Liontown Resources Limited ; the Revised Proposal values Liontown at A$6.6 billion or US$4.32 billion on an equity value basis. per share—valuing the company at approximately US$3.7

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Revealed! The US super-SUV patented in Australia

EV Central

The southern California electric vehicle start-up Mullen Autotmotive has been granted design patents in Australia for its luxury Five SUV, signalling its intent to eventually sell the vehicle here. All up it has lodged patent applications in 24 countries, including New Zealand as well as Australia in this region.

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Core Lithium and Tesla enter into binding term sheet for the supply of lithium

Green Car Congress

Australia-based Core Lithium has entered into a legally binding Term Sheet with Tesla for the supply of up to 110,000 tonnes of Li 2 O spodumene concentrate from the Finniss Lithium Project over a term of 4 years, with pricing referenced to the market price for spodumene concentrate, subject to a price floor and ceiling.

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Australian Government establishes A$300M fund to support hydrogen projects

Green Car Congress

The ARENA round is a $70-million grant program aiming to demonstrate the technical and commercial viability of hydrogen production at a large-scale using electrolysis. Hydrogen is currently used mainly for ammonia production in Australia, accounting for approximately 70% of total hydrogen use nationally.

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Lithium Power International to sell Australian subsidiary to Albemarle for AUD$30M

Green Car Congress

Lithium Power International Limited has entered into a binding agreement to sell its wholly-owned Australian subsidiary, Western Lithium Ltd (WLI) (100% owner of a number of tenements, including through its subsidiary, CMC Lithium Pty Ltd, in Western Australia) to Albemarle Lithium Pty Ltd (an Australian subsidiary of Albemarle Corporation).

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Bass Metals to acquire San Jorge lithium brine project in Argentina

Green Car Congress

Australia-based Bass Metals has signed a binding term sheet to acquire Blackearth SA which holds an option to acquire the san Jorge Lithium Project located in Catamarca province, Argentina. UBS is now forecasting an 11-fold increase to 2030 in the amount of lithium required, as well as a 7-fold increase in the amount of natural graphite.

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