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Benchmark: battery supply chain hit by Chinese energy cuts

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Hunan and Inner Mongolia are among the most affected areas of the battery supply chain, with the former a production hub for cathodes and the latter a hub for synthetic graphite anode processing.

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Rio Tinto completes acquisition of Turquoise Hill for $3.1B

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billion, simplifying the ownership of the world-class Oyu Tolgoi mine in Mongolia, significantly strengthening Rio Tinto’s copper portfolio, and demonstrating its long-term commitment to the project and Mongolia. Rio Tinto has completed its acquisition of Turquoise Hill Resources Ltd for a consideration of approximately $3.1

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Giga Carbon Neutrality secures contract for 200 hydrogen and battery EV trucks and machinery in China

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Giga Carbon Neutrality (GCN) has secured a contract to supply 200 hydrogen and battery EV powered heavy trucks and associated engineering machinery from The People’s Government of Ejin Horo Banner, an administrative division of Ordos City of the Inner Mongolia Autonomous Region in China.

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Rio Tinto begins underground production at Oyu Tolgoi; 4th largest copper mine in world by 2030

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Since the agreement between the Government of Mongolia and Rio Tinto in January 2022 to reset the relationship and move the Oyu Tolgoi underground project forward, 30 drawbells have been blasted and copper is now being produced from the underground mine.

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Rio Tinto offers $2.7B cash to buy Turquoise Hill stake in Oyu Tolgoi copper mine

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The proposal follows the comprehensive agreement reached in January between Rio Tinto, Turquoise Hill and the Government of Mongolia to move the Oyu Tolgoi (OT) project forward ( earlier post ), reset the relationship between the partners and approve commencement of underground operations. billion in cash. Rio Tinto currently owns 50.8%

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Elon Musk discusses potential Tesla investment with Magnolia’s PM

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On Tuesday, the pair discussed a possible joint research venture about rare earth elements and battery minerals through a virtual meeting. According to ODI research Mongolia’s economic growth over the last decade grew remarkably at an average of 8%. LTD purchased Ltd URT lithium mine project in Mongolia for $20 million.

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Rio Tinto confirms $6.75B development capital for Oyu Tolgoi underground; production by Oct 2022

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Rio Tinto unveiled a pathway for the ongoing development of the underground project at Oyu Tolgoi in Mongolia, one of the largest known copper and gold deposits in the world ( earlier post ). In 2019, Rio Tinto projected that cost overruns would take the capital requirement to between $6.5 billion and $7.2

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