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Siemens Energy to supply 1.8GW of electrolyzers to HIF Global for Texas eFuels facility

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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. We face a time of incredible expansion in hydrogen production amid global supply chain challenges.

Texas 397
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S&P Global: increasing trade of low-carbon biofuel feedstocks heightens supply constraint concerns

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Animal fats and used cooking oil are increasingly joining the likes of lithium, cobalt and copper as energy transitional materials where supply constraints are of growing concern, according to a new analysis of trade flows by S&P Global Commodity Insights Agribusiness Consulting group. The chase is on, and it is here to stay.

Carbon 170
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The Metals Company and Low Carbon Royalties form strategic partnership

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Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc. to finance the development and production of low-carbon fuels and energy transition metals. NORI and Low Carbon Royalties are a great fit.

Carbon 352
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Vale Canada to supply Northvolt with low-carbon nickel products for batteries

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Vale Canada and lithium-ion cell producer Northvolt AB announced a multi-year agreement for Vale to supply low-carbon nickel products to Northvolt, reinforcing the companies’ shared commitment to sustainability in the electric vehicle supply chain and electrification of the broader mining industry.

Canada 327
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ArcelorMittal publishes concept for global low-carbon emissions physical steel standard

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ArcelorMittal published a concept for a low-carbon emissions steel standard to help incentivize the decarbonization of steelmaking globally and support the creation of market demand for physical steel products which would be classified as lower, and ultimately near-zero, carbon emissions steel.

Standards 431
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Alcoa to supply sustainable, low-carbon aluminum for wheels on Audi e-tron GT

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As part of a pilot project, Audi is procuring 20-inch wheels for the Audi e-tron GT electric car that are made from low-CO 2 emission aluminum supplied by Alcoa to RONAL GROUP, the wheel’s manufacturer. EcoLum is delivered globally from predominantly hydro-powered smelters in North America and Europe. Source: Alcoa.

Audi 418
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Battery-grade lithium carbonate forecast to trade at $74K/tonne in 12 months

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Trading Economics global macro models and analysts expectations forecast battery-grade lithium carbonate to trade at 504,813 CNY (US$74,000) per tonne in 12 months time. Lithium carbonate is forecast to trade near its high. Lithium is expected to trade at 484,185.00 by the end of this quarter. Source: Trading Economics.

Carbon 483