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Sigma Lithium begins construction of foundation and infrastructure for lithium production plant in Brazil

Green Car Congress

Canada-based Sigma Lithium Corporation ( earlier post ) has begun construction on site to build the foundation and infrastructure installation of its greentech dense media separation production plant, at its wholly owned Grota do Cirilo project in Brazil. is expected to complete earthworks and the concrete plant drainage channels.

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Mitsui signs MOU with Atlas Lithium for up to 100% of production from Atlas’ planned concentrate plant

Green Car Congress

Atlas Lithium Corporation, a US-based mineral exploration company focused on lithium and other battery metals in Brazil, signed a Memorandum of Understanding (MOU) with Mitsui & Co., Lithium concentrate produced by the plant would then be available for purchase by Mitsui at a price generally based on the then-prevailing market price.

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China Three Gorges Corporation to install 18 charging stations between São Paulo and Mato Grosso do Sul

Setec Powerr

Brazil’s second-largest private energy producer, China Three Gorges Corporation, which currently invests heavily in hydropower and wind farms, will expand its business into charging piles and further into solar energy in the future. Despite the small and elite market size, with EV prices ranging from R$160,000 to R$1.08

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VW’s PowerCo, Stellantis, Glencore again $1B nickel, copper SPAC do business in in Brazil

Baua Electric

LONDON — World miner Glencore, Stellantis and Volkswagen Crew’s battery unit PowerCo have yes to again a $1 billion do business in by means of blank-cheque treasure ACG Acquisition Corporate to shop for two mines in Brazil, ACG stated.

Brazil 52
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BlackRock invests C$64.2 million in Sigma Lithium

Green Car Congress

Sigma Lithium Corporation ( earlier post ) announced that funds and accounts managed by BlackRock will make an additional total investment in the company of approximately C$64.2 For general corporate purposes. million (US$106 million). per share for anticipated aggregate gross proceeds of approximately C$136.7

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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. Russia and Brazil both have access to high-quality iron ore reserves and to abundant clean power. Hydrogen and recycling are likely to play a central role in reducing emissions from steel production.

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ExxonMobil adds 2.7B barrels oil equivalent to reserves; replaces 183% of 2017 production

Green Car Congress

Exxon Mobil Corporation added 2.7 Consistent with SEC requirements, ExxonMobil reports reserves based on the average of the applicable market price prevailing on the first day of each calendar month during the year. billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183% of production.

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