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E-Fuels company HIF Global, together with partners, authorities, and community representatives, celebrated the production of the first liters of synthetic gasoline at the Haru Oni Demonstration Plant in southern Chile. Chile’s Minister of Energy, Diego Pardow, headed the ceremony where a Porsche 911 was loaded with synthetic fuel.
eFuels company HIF Global ( earlier post ) and Siemens Energy reached an agreement under which Siemens Energy will supply electrolyzers to the HIF Matagorda eFuels Facility. The green hydrogen and eFuels produced by the HIF Matagorda eFuels Facility will be able to convert approximately half a million cars to carbon neutral as early as 2027.
plans to invest $140 million in a new lithium carbonate production plant in Chile. The new investment, along with the company’s current $75-million expansion program in the United States, will increase total annual production capacity to 50,000 metric tons of lithium carbonate equivalent by end of 2013. Rockwood Holdings, Inc.
Based on the work, Keliber’s lithium hydroxide will have a smaller carbon footprint than most of the competitors’ products. Consulting company Wood Mackenzie analyzed seven existing or planned global lithium chemicals production chains, ending in Rotterdam in Holland. Keliber plans to begin production in 2024. tonnes/produced tonne.
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.
The other lithium extraction contract, also for 80,000 tons, went to Chile-based Servicios y Operaciones Mineras del Norte SA, for an offer of US$60 million. Among the losing bidders were Albemarle, which produces 19% of global lithium, and Chile’s SQM (17%). million tons, according to the US Geological Survey (USGS).
Researchers at Argonne National Laboratory have conducted life cycle analyses (LCAs) for battery-grade lithium carbonate (Li 2 CO 3 ) and lithium hydroxide monohydrate (LiOH•H 2 O) produced from Chilean brines (Salar de Atacama) and Australian spodumene ores. This information will help us achieve our goal of being carbon neutral by 2030.
At the IAA Summit in Munich, HIF Global, together with Porsche AG, Volkswagen Group Innovation and MAN Energy Solutions, announced the development and installation of a Direct Air Capture (DAC) unit at the HIF Haru Oni Demonstration facility in southern Chile in 2024. Earlier post.) Earlier post.)
As the market for electric vehicles, plug-in hybrids and other advanced clean energy technologies grows worldwide, rare earth elements and other critical materials, including lithium, are facing increasing global demand. Rockwood Lithium also recently announced plans to invest $140 million in a new lithium carbonate production plant in Chile.
E-fuels company HIF (Highly Innovative Fuels) Global has begun the development of Australia’s first large-scale, carbon-neutral eFuels production facility in Tasmania. Our global plan is to produce over 8 billion liters a year of carbon-neutral eFuels—enough to decarbonize 5 million vehicles. Earlier post.).
In a finding that has global implications for climate research, scientists have discovered that when icebergs cool and dilute the seas through which they pass for days, they also raise chlorophyll levels in the water that may in turn increase carbon dioxide absorption in the Southern Ocean.
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. —Galaxy Managing Director Iggy Tan.
In a forecast of the Lithium market through 2017, Roskill Information Services estimates that rechargeable batteries will, in the base-case growth scenario, contribute 75% of the growth in forecast lithium demand to 2017, when total demand for lithium is expected to reach slightly more than 238,000t lithium carbonate equivalent (LCE).
Honeywell has introduced its new, UOP eFining technology, a ready-now solution for producing low-carbon sustainable aviation fuel (SAF). HIF Global, the world’s leading eFuels company, intends to deploy the new technology to produce eSAF at its second US eFuels facility— its first eSAF facility in the US. Earlier post.)
Private equity fund Pacific Road has agreed to acquire 10% of underground coal gasification (UCG) company Carbon Energy Limited from Australia’s national science agency CSIRO in an off-market trade. Pacific Road Capital is a private equity manager which invests in the global mining industry. CSIRO’s interest has since declined to 14.8%
IHS Markit forecasts that annual global investments in green hydrogen—hydrogen production powered by renewable sources—will exceed US$1 billion by 2023. The elevated investment outlook is attributed to falling costs and policy support from governments looking to shift towards low-carbon economies.
Chile has long been a leading producer of lithium, which has become an essential element for the rechargeable battery market, among other uses. Evaporation ponds at SQM’s lithium mining site in the Salar de Atacama, in Chile. This information will help us achieve our goal of being carbon neutral by 2030. Image by SQM.).
Monotonic growth in global demand for critical metals to 2050 is the most prevalent trend. —Fengqi You, senior author Currently, critical metals and minerals are centralized in politically unstable Chile, Congo, Indonesia, Brazil, Argentina and South Africa, according to the World Bank. Zhang et al. Resources Chunbo Zhang et al.
China-based Tianqi Lithium, a leading global supplier of lithium products, has agreed to purchase 62,556,568 A shares of Sociedad Química y Minera de Chile S.A. Its lithium product range includes lithium carbonate, lithium hydroxide, and lithium chloride.
Global investment in carbon capture and storage (CCS) tripled to $3 billion, and that in hydrogen was $1.5 A geographical split of BNEF’s energy transition investment data shows that Europe accounted for the biggest slice of global investment, at $166.2 Global investment in renewable energy capacity moved up 2% to $303.5
Stellantis announced a $155-million investment in a copper project located in Argentina, which will make a major contribution to the company’s plan to become carbon net zero by 2038. The company is acquiring a 14.2% Los Azules is an advanced-stage porphyry copper exploration project in the San Juan pro-mining province of Argentina.
Particular opportunity for the Global South identified as net-zero fuel production costs expected to be up to 20% lower in Latin America and Africa. Taking the global trading of hydrogen as an exemplar, the report identifies substantial potential benefits for exporting and importing countries, particularly in the Global South.
World’s biggest green hydrogen project developers and partners come together to launch Green Hydrogen Catapult initiative New initiative aims to drive down costs to below $2 per kilogram, to transform energy across most carbon intensive industries, accelerating race to zero emissions Founding partners include. degrees Celsius.
The report says that reordering the US transportation system through policy and spending shifts to prioritize public and active transit while reducing car dependency can also ensure transit equity, protect ecosystems, respect Indigenous rights, and meet the demands of global justice. Riofrancos et al. 2°C of warming.
Renault’s comparison of the carbon footprint of EV and ICE vehicles over production, operation and end of life. Renault selected six environmental indicators for the LCA: Global Warming 100yr Potential (kg CO 2 equivalent). in the atmosphere and consequently of global warming potential. The EV footprint (Fluence Z.E.)
Against this background of exceptional growth, the International Lithium Association (ILiA) has been formed to provide a central, global voice for the lithium producers and their stakeholders, and to promote a sustainable and a responsible future for the lithium value chain. The five founding members of ILiA are SQM; Ganfeng Lithium Co.,
Toyota Tsusho’s interest in the project stems from the desire to increase its exposure to reliable and diversified lithium supplies as global demand for lithium batteries in the automotive sector continues to grow. million tonnes of lithium carbonate.
The deal with SQM is expected to boost SK On’s efforts to meet the IRA requirements as Chile is a free trade agreement (FTA) partner with the US. Established in 1968 and listed in the Santiago and New York stock exchanges, SQM is the only lithium hydroxide producer in Chile. or in the countries whose FTA with the US is in effect.
Sociedad Química y Minera de Chile S.A. The updated study will evaluate economic feasibility for a project with a nameplate production capacity of approximately 40,000 metric tons per year of lithium carbonate equivalent. SQM is committed to the lithium business, both in Chile and abroad. SQM) and Lithium Americas Corp.
The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. BloombergNEF’s estimates for the global LCOE for utility-scale PV and onshore wind rose to $45 and $46 per megawatt-hour (MWh), respectively, in the first half of 2022. The latter cost at $74 and $81 per MWh, respectively.
the geographic distribution of land-based lithium resources is uneven, with more than 98% of the total reserves concentrated in Chile, Argentina, China, and Australia. In other words, the omnipresent seawater can act as a nearly infinite global lithium resource, making it a promising source for the future lithium supply. Yang et al.
As a leading global manufacturer of lithium-ion batteries, LGES has been at the forefront in securing key raw materials for EV battery production, inking multiple agreements and MoUs with various suppliers. In North America this year, LGES signed a non-binding MoU with Compass Minerals on lithium carbonate and lithium hydroxide.
Shares of major lithium producers and explorers including Sociedad Química y Minera de Chile (NYSE:SQM), Albemarle Corp. That’s certainly a massive production ramp-up considering that global production in 2017 totaled just over 200kt. Currently, the EV market accounts for about 47 percent of global lithium demand.
The development strategy focuses on production of 20,000 tonnes per year of lithium carbonate with the flexibility to expand production to 40,000 tonnes per year after phase one is completed and operational. Results of the last pre-feasibility study (PFS) performed by GHD Chile SA (GHD) and Groundwater Insight Inc. Li carbonate proven.
Although there is no scarcity of reserves for these energy transition minerals, global capabilities for mining and refining them are limited. Supporting policies will allow developing countries realise new business opportunities and could improve resilience while keeping the global decarbonisation agenda on course.
The company has previously announced an expected annual commercial production capacity of 30 kMT to 40 kMT lithium carbonate equivalent (LCE) for the project, with an initial phase-one capacity of up to 10 kMT LCE coming online by 2025. —Dongsoo Kim, Senior Vice President of Procurement Center at LG Energy Solution.
Imports are coming from the typical mining countries Chile, Argentina, and Australia, which account for more than 80% of global production. Currently, Germany is a net importer of lithium needed for the production of battery cells for electric vehicles. If the tests are successful, the construction of a large-scale plant is planned.
Based on figures from the Carbon Trust, each Oyster’s annual carbon saving could be as much as 500 tonnes. But globally there is huge scope in areas like the North West coast of the USA and coastlines off South Africa, Australia and Chile. It is also silent in operation. Ronan Doherty.
Lithium production currently requires huge quantities of water in otherwise arid areas (salt flats in Argentina and Chile), or by exposing source material to high temperatures (China and Australia)—a process that consumers large quantities of energy. This would have a considerable carbon footprint. — Nature editorial.
According to The Economist , the “global scramble to secure supplies of lithium by the world’s largest battery producers, and by end-users such as carmakers”, among other things, has seen the price of lithium carbonate imported to China more than double just in November and December of last year alone, when it reached an amazing $13,000 per ton.
The joint venture will also pave the way for Asia’s fourth-largest economy to take part in a project to develop lithium carbonate in the region, officials said. POSCO plans to bid for construction of lithium-carbonate manufacturing and processing facilities in Uyuni, it added. million tons, respectively. China and Argentina total 5.4
The European Union (EU) … is planning to require that all new cars sold from 2035 have zero carbon emissions—a bold and valuable goal, but one that will demand the rapid development of both vehicle-charging infrastructure and battery production. — Nature Materials editorial. Batteries show the difficulties of being greener.
Most of the world’s lithium comes from Argentina, Chile, Bolivia, Australia and China, but American resources being developed by new entrants into this market have set up the state of Nevada to become the key venue and proving ground for game-changing trade in this everyday mineral. There aren’t many American properties out there like ours.”.
China continues to dominate BloombergNEF’s (BNEF) global lithium-ion battery supply chain ranking, for the third time in a row, for both 2022 and its projection for 2027, due to continued support for the electric vehicle demand and raw materials investments.
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