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Volkswagen, Stellantis and Glencore backing ACG in $1B purchase of Brazilian nickel sulfide and copper mines

Green Car Congress

Critical minerals mined at the Brazilian sites will be refined in Europe and North America and then supplied to car manufacturers, fortifying the EV supply chain in western countries. The mine possesses an attractive life of mine average C1 cash cost in the first quartile of the global nickel cost curve (c.

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Core Lithium and Tesla enter into binding term sheet for the supply of lithium

Green Car Congress

The study highlighted an average production of 173 ktpa of high-quality lithium concentrate at a C1 opex of US$364 per tonne, and at a low start-up capital cost of A$89 million due to the incorporation of a simple Dense Media Separation (DMS) processing plant in the project’s design.

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Axeon awarded EU funding to reduce size, weight and cost of EV & hybrid vehicle batteries

Green Car Congress

European Li-ion automotive battery supplier Axeon has been awarded research funding from the EU to reduce the weight, volume and cost of batteries in electric and hybrid vehicles as part of a €3.32-million Reduction in battery pack cost by 5%-10%. million (US$4.72-million) million) consortium program called SmartBatt.

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