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Ammonia market to triple by 2050 with nearly all growth coming from low-carbon supply; shift to energy markets

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The global market for ammonia is poised to triple in the coming decades with nearly all of the growth coming from low-carbon ammonia, according to a new analysis by S&P Global Commodity Insights. The rapid growth in ammonia driven by low-carbon supplies will change the current market beyond recognition.

Market 195
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Kia EV6 achieves product carbon footprint certification from the Carbon Trust

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Kia EV6 ( earlier post )has achieved product carbon footprint certification and ‘ Carbon Measured ’ label from the global climate change and sustainability consultancy the Carbon Trust, becoming the first Korean vehicle manufacturer to achieve the certificate.

Carbon 435
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CATL to adopt Toyocolor’s conductive carbon nanotube dispersions

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Toyocolor, the colorants and functional materials arm of the specialty chemicals company Toyo Ink Group of Japan, announced that the company’s Lioaccum conductive carbon nanotube (CNT) dispersions ( earlier post ) have been selected by the world’s largest battery manufacturer CATL (Contemporary Amperex Technology Co., in Guangdong, China.

Carbon 457
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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. The only lithium production in the United States currently is from one brine operation in Nevada.

Carbon 483
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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. The site has been supplied with renewable energy since 2020. Source: Alcoa.

Audi 418
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Li-Metal successfully produces lithium metal directly from lithium carbonate at Ontario pilot plant

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Domestic lithium metal production capacity is essential for the development of a sustainable supply chain for next-generation batteries. Additionally, this milestone will allow the Company to secure its own supply of lithium metal for its anode production, in order to implement its vertically integrated business model.

Carbon 396
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Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

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In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050. trillion per year by 2050.

Clean 429