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First Cobalt announces positive feasibility results for Canadian cobalt refinery expansion; first NA producer of battery-grade cobalt sulfate

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Discussions underway with Glencore on commercial arrangements, financing and allocation of project economics; third party and government funding opportunities also under review. Sodium Treatment. Several EV manufacturers have expressed an interest in purchasing a North American cobalt sulfate. Tailings Capacity, Phase 1.

Sodium 221
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Synthetic biology startup Lygos closes $13M Series A to target oil-based specialty chemical industry

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a bio-based specialty chemicals company, closed $13 million in Series A financing led by IA Ventures and OS Fund. The current process used to produce malonic acid requires sodium cyanide and chloroacetic acid; Lygos’ engineered yeast produces malonic acid from sugar and CO 2. Lygos , Inc., Earlier post.). Earlier post.). corn) prices.

Oil 150
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NSF to award up to $13M for fundamental work on sustainable production of electricity and transportation fuels

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Advanced systems such as lithium-air, sodium-ion, as well as lithium-ion with new cathode chemistries are appropriate. Work on commercially available systems such as lead-acid and nickel-metal hydride will not be considered by this program. Batteries Biomass Financing Fuels Power Generation'

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LanzaTech Pulls in $18M in Series B Funding; Qiming Ventures Leads

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New Zealand-based waste gas and syngas to fuels company LanzaTech ( earlier post ) has attracted US$18 million in Series B financing from investors led by China-focused venture capital firm Qiming Ventures. Dr. Sean Simpson, co-founder of LanzaTech, says the funding will enable LanzaTech to further accelerate commercialization of its process.

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CalSEED awards $4.2M to early-stage clean energy innovations

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The solicitation was designed as a call for early-stage clean energy innovations that fall within five defined technology areas: energy efficiency; energy storage; AI/machine learning; advanced power electronics/power conditioning; and zero- and negative-carbon emission generation.

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