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Porsche strengthens commitment to industrial production of eFuels with $75M investment in HIF Global

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Among other projects, the Santiago de Chile-based company is building the Haru Oni eFuel pilot plant in Punta Arenas (Chile). The additional capital will be used to develop industrial eFuel facilities in Chile, the US and Australia, which have large supplies of renewable energy. Earlier post.).

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Global geothermal industry passes 12,000 MW operational

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The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). New project announcements have increased the resource under development to about 30,000 MW.

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BASF, Daimler, Fairphone & Volkswagen Group funding partnership for sustainable lithium mining in Chile

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Several companies have initiated a “Responsible Lithium Partnership” aiming to work towards responsible natural resource management, including lithium, in Chile’s Salar de Atacama. This cross-industry partnership is funded at its inception by BASF, Daimler AG, Fairphone, and Volkswagen Group.

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UN report highlights urgent need to tackle impact of EV battery production boom

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In Chile, lithium mining uses nearly 65% of the water in the country’s Salar de Atamaca region—one of the driest desert areas in the world—to pump out brines from drilled wells. UNCTAD also recommends that the industry find ways to reduce its dependence on critical raw materials. Brazilian mine. Agência Brasil/José Cruz.

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GM leads $50M funding round in EnergyX; advanced lithium extraction and refining technology

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GM Ventures is leading a $50-million Series B financing round in EnergyX , and has entered into a strategic agreement to develop EnergyX’s lithium extraction and refinery technology. We will unlock lithium supply in the US, a pivotal move in expanding the EV industry. Earlier post.)

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Mexico forms state-run company to mine lithium: Litio para Mexico

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The Board of Directors for LitioMx comprises the head of the Ministry of Energy, who will preside over it; the head of the Ministry of Finance and Public Credit; the head of the Ministry of Economy; the head of the Ministry of the Interior; and the head of the Ministry of Environment and Natural Resources. According to the USGS, Mexico has 1.7

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It’s too late to China-proof the lithium supply chain – ET Auto

Baua Electric

“Parts of our key supply chains, including for clean energy, are currently over-concentrated in China,” US Treasury Secretary Janet Yellen said earlier this month during a visit to Chile, home to the largest lithium reserves. billion) into a financing facility to support exports. Take Albemarle Corp., Take Albemarle Corp.,

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