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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.

Supplies 195
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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. And while coal plants still supplied over half of Australia’s power in 2021, change is afoot. Phantom projects are not a problem confined to Australia. Why a hydrogen truck? In 2021, Ark Energy took a stake in. Hyzon, based in Rochester, N.Y.,

Australia 145
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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.

Hydrogen 286
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Roskill forecasts demand for neodymium for magnets to result in supply deficit; substitutions by 2021

Green Car Congress

Roskill forecasts that the deficit will increase to 2021, making continued growth of NdFeB magnets unsustainable, despite efforts by rare earth producers to increase neodymium supply. The green energy sector is the most vulnerable to price rises because of the large size of magnets used.

Supplies 186
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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.

Argentina 243
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Qantas and Shell biofuel report finds Australian aviation biofuel industry technically viable, but challenged

Green Car Congress

The study, conducted with the support of the Australian Government through the Australian Renewable Energy Agency (ARENA), is the most comprehensive investigation so far into the economic viability of producing biofuel on a commercial scale in Australia. It found that such a plant could be viable if three key priorities are addressed.

Industry 199
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Sandy solution for renewable energy storage; Thermal Energy Storage System

Green Car Congress

Australia-based Latent Heat Storage has developed a low cost thermal energy storage system based on the latent heat properties of silicon derived from sand. Renewable energy sources generally spill energy due to supply and demand mismatches, so we’ve designed the TESS device to capture this ‘spilt’ energy for later use or release to the grid.