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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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Western Australia to invest $22M to accelerate renewable hydrogen future

Green Car Congress

The Western Australia Government of Premier Mark McGowan will bring forward the Western Australian Renewable Hydrogen Strategy targets by a decade and invest $22 million to develop hydrogen supply, meet growing demand for the clean fuel and create jobs. The McGowan Government has committed $5.7

Australia 250
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Argosy Minerals announces first shipment of lithium carbonate from Rincon project

Green Car Congress

Australia-based Argosy Minerals Limited confirmed the successful export shipment of five tonnes of >99.5% The preliminary five tonne cargo was loaded onto the ship on Wednesday and set sail overnight from Buenos Aires port, and is being delivered into the Sales and Purchase Agreement executed with Mitsubishi Corporation RtM Japan Ltd.

Carbon 259
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Tesla Lithium supplier remains on track for first export by the end of 2022

Teslarati

(ASX:CXO) recently provided a development update on its Finniss Project located near Darwin in the the Northern Territory of Australia. The two companies aim to finish negotiations and execute a definitive product purchase agreement by August 27, 2022. Tesla inked an agreement with the Australian Lithium producer earlier this year.

Tesla 102
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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. Roskill expects that by 2021 the high price of neodymium and concerns over supply availability will make projected growth rates of NdFeB demand unsustainable.

Supplies 186
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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.

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Tesla files patent to recover and recycle nickel and cobalt in old batteries

Teslarati

The patent outlines the use of an electrochemical dissolution to recover the Earth metals for recycling purposes, moving toward a more efficient supply chain as some battery materials are becoming hard to obtain due to global supply chain shortages. Why this is a big deal.