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Stellantis eyes nickel supply in Indonesia

Teslarati

Stellantis has its eyes set on Indonesia’s nickel supply. The legacy automaker is reportedly discussing a potential investment into a nickel smelter in Indonesia with Vale and China-based Huayou Cobalt. PT Vale Indonesia is a nickel miner that invests in Sulawesi island. The company invested $4.5

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BNEF: Net-zero transition potentially a $3.5T investment opportunity for Indonesia

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trillion investment opportunity for Indonesia, according to a new report published at the BNEF Summit Bali by research company BloombergNEF (BNEF) entitled Net-Zero Transition: Opportunities for Indonesia. By then, the combined share of renewables in electricity supply reaches 74%. trillion under the NZS.

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Benchmark Mineral Intelligence: lithium industry needs $42B investment to meet 2030 demand

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The lithium industry needs $42 billion of investment if it is to meet 2030 demand, according to analysis by Benchmark Mineral Intelligence. This works out at approximately $7 billion a year between now and 2028 if the industry is to meet lithium demand by the end of the decade. Lithium Carbonate, EXW China, ?99.0%

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Tesla gets proposal from Indonesia for EV plant with an annual production capacity of 500k

Teslarati

Indonesia continues to woo Tesla with a proposal for an EV factory with an annual production capacity of 500,000 cars. The Indonesian government has been promoting industrial estates that supply clean energy from renewable sources to foreign companies, like Tesla, that are conscious of their carbon footprint.

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Nornickel presents market review of nickel and platinum group metals

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Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, presented its eleventh review of the nickel and platinum group metals (PGM) markets based on the fundamental analysis of world economic and industry data. Mt to 3.22 Mt (7% year-on-year growth).

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IEA: Decisive action by governments is critical to unlock growth for low-carbon hydrogen

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Governments need to move faster and more decisively on a wide range of policy measures to enable low-carbon hydrogen to fulfil its potential to help the world reach net zero emissions while supporting energy security, the International Energy Agency (IEA) says in a new report. —Fatih Birol, the IEA Executive Director.

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Lux: California’s Low Carbon Fuel Standard will become a global phenomenon; carbon intensity, not volume

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California’s approach to transportation fuel policy—its Low Carbon Fuel Standard (LCFS)—will become a global phenomenon, suggests Lux Research. Not all countries are positioned to support a biofuels industry as it is designed today. Earlier post.). This model does not offer a ubiquitous solution.

Carbon 150