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GE study finds 5% of worlds natural gas production wasted per year by flaring

Green Car Congress

If half of this flare gas (25 bcm per year) was captured and sold at prevailing domestic prices in Russia, the economic opportunity may exceed US$2 billion (65 billion rubles). Elsewhere in West Africa, Angola, Equatorial Guinea, Gabon, Congo and Cameroon collectively waste about 10 billion cubic meters of natural gas every year.

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Korean consortium forming JV with Bolivian miner Comibol for lithium production in Salar de Uyuni

Green Car Congress

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

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Could Sucking Up the Seafloor Solve Battery Shortage?

Cars That Think

The supply of metals like cobalt, copper, lithium, and nickel needed for batteries is already shaky , and soaring demand for the hundreds of millions of batteries in the coming decades is likely to trigger shortage and high prices. The company last September awarded University of Hawaii at Manoa marine biologist Jeff Drazen US $2.9

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