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Rio Tinto and First Quantum Minerals partner to progress the La Granja copper project in Peru

Green Car Congress

Rio Tinto and First Quantum Minerals (FQM) have entered into an agreement to form a joint venture that will work to unlock the development of the La Granja copper project in Cajamarca, Northern Peru, one of the largest undeveloped copper resources in the world.

Peru 273
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LME copper prices at 9-year high

Green Car Congress

Orders of enamelled wire for electric motors, air conditioning tube for appliances, electrodeposited foil for EV batteries, copper and alloy strip for interconnect and motor windings and cables for wind power generating equipment are all outperforming last year’s levels.

Price 399
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Copper prices rise to 10-year high, near record

Green Car Congress

Although Chile and Peru contributed 40% of global mine supply in 2020, Roskill observed, copper production there is yet to fully recover to pre-pandemic levels. Goldman Sachs and Robert Friedland, Founder of Ivanhoe Mines, suggest prices of US$15,000/t might be seen by 2025, due to restricted supply and bullish demand growth.

Price 418
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Bogotá orders 379 electric buses from BYD

Green Car Congress

BYD’s zero-emission transportation solutions have gained ground in Latin America, and now successfully service markets in many other countries across the region, including Ecuador, Chile, Brazil, Peru, Panama, Uruguay and Argentina.

BYD 286
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Minerals used in electric cars: How much does the US import and from where?

Green Car Congress

Canada, Mexico, Peru, Spain. Gabon, South Africa, Australia, Georgia. Norway, Canada, Japan, Finland. Argentina, Chile, China, Russia. Rare earths. China, Estonia, Japan, Malaysia. The table also lists the major import sources (in descending order of import share) for all minerals. Again, this information is from the US Geological Survey.

Gabon 353
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Eaton signs long-term agreement with Argentine bus manufacturer TATSA to design and supply hybrid systems

Green Car Congress

Eaton matches the system to an automated six-speed Eaton transmission and stores energy in a lithium-ion battery pack. In the last few years, TATSA has signed production agreements with various automotive companies worldwide and has also established commercial representations in the USA, Ecuador, Peru, Colombia, India and Qatar.

Eaton 186
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Tesla taps new glass supplier for Plaid Model S

Teslarati

AGP is a Peru-based company that specializes in all types of automotive glass, but what they’ve done for Tesla is especially interesting. As high-quality, long-range batteries are hard to come by in the EV sector, manufacturers look for every advantage they can get to achieve robust range ratings. Why is it so important?

Tesla 141