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Chile President Gabriel Boric announced that his government will nationalize the country’s lithium industry, with the objective of increasing wealth for the country, and developing a key industry as a fundamental step to link Chile’s economic development with the change towards a green economy at a global level.
will deliver 100 full electric buses to Chile. The E12 Electrical Bus, the model Yutong will deliver to Chile, is equipped with 324 kWh battery capacity and low energy consumption. Yutong Bus sells buses in more than 30 countries across six continents with a market share of more than 30% in China and more than 15% globally.
From 2016-2019, more than 90% of the lithium imported to the United States came from Argentina (55%) and Chile (36%). Global consumption of lithium in 2021 was estimated to be 93,000 tons, a 33% increase from 70,000 tons in 2020.
neutral fuel (eFuel) in Punta Arenas, Chile. With Haru Oni, we’re bringing our power-to-X technologies to the global market. In southern Chile, we’re implementing one of the energy industry’s most exciting projects for the future and driving forward the decarbonisation of the mobility sector.
E-Fuels company HIF Global, together with partners, authorities, and community representatives, celebrated the production of the first liters of synthetic gasoline at the Haru Oni Demonstration Plant in southern Chile. Chile’s Minister of Energy, Diego Pardow, headed the ceremony where a Porsche 911 was loaded with synthetic fuel.
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.
However, ensuring enough qualifying supply to meet that demand faces “considerable challenges,” according to a new analysis by S&P Global. For example, the United States relies on one country, Chile, for 60% of refined copper imports. However, for Chile the United States accounts for only 20% of its refined copper exports.
The other lithium extraction contract, also for 80,000 tons, went to Chile-based Servicios y Operaciones Mineras del Norte SA, for an offer of US$60 million. Among the losing bidders were Albemarle, which produces 19% of global lithium, and Chile’s SQM (17%). million tons, according to the US Geological Survey (USGS).
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). Successful Enhanced Geothermal Systems (EGS) projects in the US were led by Calpine Corp.,
plans to invest $140 million in a new lithium carbonate production plant in Chile. Under the new investment program, Rockwood will build a 20,000 metric ton lithium carbonate plant at the sight at LeNegra, near the port of Antofagasta in northern Chile. is a global inorganic specialty chemicals and advanced materials company.
At the IAA Summit in Munich, HIF Global, together with Porsche AG, Volkswagen Group Innovation and MAN Energy Solutions, announced the development and installation of a Direct Air Capture (DAC) unit at the HIF Haru Oni Demonstration facility in southern Chile in 2024. Earlier post.) Earlier post.) This is then made into synthetic fuel.
Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. Among other projects, the Santiago de Chile-based company is building the Haru Oni eFuel pilot plant in Punta Arenas (Chile). AME remains the majority shareholder of HIF Global LLC.
According to GlobalData, the global EV market is expected to grow at a substantial CAGR of 15.6% The company projects that China will lead the global EV market with more than 50% share and grow three times as fast as the US over the next five years. of global sales, followed by Germany (4.8%) and the UK (4.1%). In 2017, 1.1
per annum, global output is expected to triple between 2018 and 2022 to reach 154kt (metal content), as 86kt of new metal capacity comes on stream to meet the increasing demand for the metal for use in batteries in electric vehicles and smartphones. million tons; Bolivia, 9 million tons; Chile, 8.4
—President Obrador The US Geological Survey USGS) ranks Mexico ninth globally for lithium resources, at 1.7Mt. World leaders Bolivia, Argentina and Chile hold 21Mt, 19Mt and 9.8Mt. Oil and lithium belong to the nation, they belong to the people of Mexico, to you, to all those who live in this region of Sonora, to all Mexicans.
BASF and the Catholic University of the North (UCN) in Antofagasta, Chile, have signed a collaboration agreement to promote research, development and innovation in mining. This alliance offers us the opportunity to connect with a leading company on a global scale, so it is a mutually beneficial relationship.
As part of a larger reorganization of its Global Oilfield and Mining Solutions business, BASF is establishing a dedicated Global Enhanced Oil Recovery (EOR) Business Development unit. Houston is recognized as the global hub for the oil and gas industry. Houston is recognized as the global hub for the oil and gas industry.
E-fuels company HIF (Highly Innovative Fuels) Global has begun the development of Australia’s first large-scale, carbon-neutral eFuels production facility in Tasmania. Our global plan is to produce over 8 billion liters a year of carbon-neutral eFuels—enough to decarbonize 5 million vehicles. Earlier post.). Earlier post.).
As the market for electric vehicles, plug-in hybrids and other advanced clean energy technologies grows worldwide, rare earth elements and other critical materials, including lithium, are facing increasing global demand. Rockwood Lithium also recently announced plans to invest $140 million in a new lithium carbonate production plant in Chile.
million vehicles globally in the first six months of 2011, the best half-year performance in Chevrolet’s 100-year history. In addition, Chevrolet set record first-half sales in many countries, including Argentina, Brazil, Chile, China, Colombia, Denmark, Ecuador, France, South Africa, and Turkey. Chevrolet sold 2.35
ADEME, France’s Environment and Energy Management Agency, carried out a study with IFP Energies nouvelles (IFPEN) on the dynamics of lithium supply and demand, based on different scenarios for the electrification of the global car fleet by 2050.
Chile-based Ensorcia Metals , a specialist in the extraction and transformation of high purity lithium, will invest €200 million to build a lithium hydroxide conversion plant in Europe.
BYD electric buses are servicing markets in many countries across Latin America, including Chile, Colombia, Argentina, Brazil, Ecuador, and Uruguay. Globally, BYD’s pure electric buses, taxi, and other vehicles have spread to more than 300 cities, in more than 50 countries and regions.
million tons of lithium; if realized, this would rank Iran behind Chile (11 millions tons) and ahead of Australia (7.9 million tons) in terms of global lithium resources, according to USGS figures. The reserve is believed to hold 8.4 Hamadan province has known reserves of limestone, lead, iron ore, and zinc.
Although Chile and Peru contributed 40% of global mine supply in 2020, Roskill observed, copper production there is yet to fully recover to pre-pandemic levels. Goldman Sachs and Robert Friedland, Founder of Ivanhoe Mines, suggest prices of US$15,000/t might be seen by 2025, due to restricted supply and bullish demand growth.
Bolivia is lithium-rich; the USGS estimates identified lithium reserves in the country to be 21 million tons—ahead of Argentina and Chile, the other members of the “lithium triangle”. However, Bolivia is production-poor; Chile and Argentina are top global producers, but Bolivia has yet to produce the mineral in commercial quantities.
ADLF), a company with exploration tenements in Chile’s prospective Atacama region, and to enter a joint venture with Corporación Nacional del Cobre de Chile ( Codelco ) to explore and potentially develop Agua de la Falda’s assets. Rio Tinto has agreed to purchase Pan American Silver’s stake in Agua de la Falda S.A.
HIF Global, the world’s leading eFuels company, intends to deploy the new technology to produce eSAF at its second US eFuels facility— its first eSAF facility in the US. HIF Global is the first customer to sign a commercial agreement for the production of eSAF using Honeywell UOP eFining. Earlier post.)
Batteries accounted for 27% of global lithium consumption in 2012, up from 15% in 2007 and 8% in 2002. In 2012, East Asia accounted for 60% of total global consumption with Europe accounting for a further 24% and North America 9%. In addition, Rockwood Lithium plans to complete a 20,000 tpy LCE expansion in Chile in 2014.
This order also sees BYD again smashing the record for the largest electric bus order in the Americas, following its delivery of 183 buses to Chile during August 2019. Globally, BYD buses, taxis and other electric vehicles are present in more than 300 cities, 50 countries and regions.
That prices should be at such elevated levels during the middle of the Chinese Lunar New Year holidays, when Mainland buyers are absent from the market, raises the spectre of whether commodities are poised for a new super-cycle, driven by the increasing demand for renewable energy to meet global decarbonization targets, Roskill said.
The New Sail made its global debut in China in January 2010. It represents a breakthrough in our strategy to create products for China and other emerging markets. —Terry Johnsson, Shanghai GM Vice President of Vehicle Sales, Service and Marketing.
The global battery energy storage market will to grow to $13.13 The US market for battery energy storage is estimated to reach $2.96bn in 2023, accounting for 23% of the global market. The EMEA battery energy storage market registered a market value of approximately $1.73bn in 2018 and it accounted for 26% of the global market.
The Global Fuel Economy Initiative ( GFEI ) ( earlier post ) launched its second three-year effort to improve vehicle fuel economy around the world at the International Transport Forum in Leipzig. —“Global Fuel Economy Initiative Plan of Action 2012-2015.
Global investment in carbon capture and storage (CCS) tripled to $3 billion, and that in hydrogen was $1.5 A geographical split of BNEF’s energy transition investment data shows that Europe accounted for the biggest slice of global investment, at $166.2 Global investment in renewable energy capacity moved up 2% to $303.5
Consulting company Wood Mackenzie analyzed seven existing or planned global lithium chemicals production chains, ending in Rotterdam in Holland. The two production routes that show the greatest emissions intensity represent well over half of the current global production of lithium carbonate and hydroxide. tonnes/produced tonne.
Particular opportunity for the Global South identified as net-zero fuel production costs expected to be up to 20% lower in Latin America and Africa. Taking the global trading of hydrogen as an exemplar, the report identifies substantial potential benefits for exporting and importing countries, particularly in the Global South.
With over £5bn in UK export credit support on offer, the collaboration is set to drive significant investment into Chile’s burgeoning renewable energy sector.
Throughout Latin America, BYD’s new energy vehicle footprint has spread to major markets including Chile, Colombia, Ecuador, Brazil, Barbados, Panama, Costa Rica, Uruguay and Argentina. Globally, BYD’s green transport offerings have spread to more than 300 cities, operating in more than 50 countries and regions.
The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 —Felipe Munoz, JATO’s global analyst. million units in March 2020, down by 39% from March 2019. million units.
Global LDV Fuel Efficiency Improvement. All are among the top 15 vehicle markets worldwide: nearly 80% of new LDVs sold globally are currently subject to some kind of GHG emission or fuel economy standards. Several countries have set heavy-duty vehicle fuel economy standards as well.
Rising global vehicle sales and profitability have encouraged automakers to continue to increase vehicle production, providing the global economy with some positive offset to the dampening impact of the recent surge in energy prices, according to the latest Global Auto Report released on Friday by Canada-based Scotia Economics.
Monotonic growth in global demand for critical metals to 2050 is the most prevalent trend. —Fengqi You, senior author Currently, critical metals and minerals are centralized in politically unstable Chile, Congo, Indonesia, Brazil, Argentina and South Africa, according to the World Bank. Zhang et al.
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