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President of Mexico nationalizes lithium

Green Car Congress

Sonora hosts virtually all Mexico’s lithium resources—8.82Mt lithium carbonate equivalent (LCE) or 1.66Mt lithium metal. million tons of lithium carbonate equivalent, The capacity of phase I is expected to be 50,000 tons of lithium hydroxide. World leaders Bolivia, Argentina and Chile hold 21Mt, 19Mt and 9.8Mt.

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Galaxy notes lithium carbonate prices in China rose 17% over last 12 months

Green Car Congress

Lithium producer Galaxy Resources Ltd says prices for both technical and battery grade lithium carbonate in its key market, China, have risen significantly on the back of tight demand and supply fundamentals, with current prices up almost 17% on the same time last year. This means that as well as adhering to the 99.5%

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Rio Tinto to invest USD 350 million in Argentina lithium project – ET Auto

Baua Electric

The company purchased the Rincon project from Rincon Mining in 2022 for USD 825 mn, and plans to develop a battery-grade lithium carbonate plant with an annual capacity of 3,000 tons. Rio Tinto said it is working with local communities and authorities to ensure environmental standards.

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Opinon: Lithium Market Set To Explode; All Eyes Are On Nevada

Green Car Congress

While other commodities are floundering or completely collapsing in this market, lithium—the critical mineral in the emerging battery gigafactory war—is poised to explode, and going forward Nevada is emerging as the front line in this pending American lithium boom. Without lithium, there will be no battery gigafactories.

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Korean consortium forming JV with Bolivian miner Comibol for lithium production in Salar de Uyuni

Green Car Congress

KORES ) and steelmaker POSCO has entered an agreement with Bolivia’s state-run miner Comibol (Corporación Minera de Bolivia) to set up a joint venture to produce lithium intended for lithium-ion batteries. POSCO plans to bid for construction of lithium-carbonate manufacturing and processing facilities in Uyuni, it added.

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Tesla And Other Tech Giants Scramble For Lithium As Prices Double

Green Car Congress

Driven by the rise of battery gigafactories and game-changing Powerwall and energy storage businesses, the world now finds itself at the beginning of a lithium super cycle that is all about securing new supply, much of which is poised to come from lithium superstar Argentina. Remember—this is one man, one company.

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Electric Cars and a Smarter Grid - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

And in a true smart grid, electric cars will not only be able to draw on electricity to run their motors, they will also be able to do the reverse: send electricity stored in their batteries back into the grid when it is needed. We will own the battery. We will always own the batteries,&# said Mr. Thesen.

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