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BASF and Heraeus to form JV in China to recover PGMs from spent automotive catalysts

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The new company, named BASF HERAEUS (China) Metal Resource Co., Ltd will be set up in Pinghu, China. The founding of the legal entity is targeted in Q1 2022, following the approval of the relevant authorities. Recycling scrap materials, such as spent automotive catalytic converters, to recover PGMs, enable a circular economy.

China 199
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Why New Production Sources of Tungsten Are Critical for Increased Global Supply

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and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% China controls the market for nearly 35 precious minerals and metals that are important to the U.S. With the COVID pandemic wreaking havoc on the U.S. Source: Almonty.

Supplies 380
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Digital Currency and Trade Systems Are Tearing up the Rules

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These platforms—which combine open alliance legal agreements (like Visa or Mastercard's legal agreements), distributed ledger technology (for example, blockchains like IBM's hyperledger ), and end-to-end encryption—can handle not only payments but also finance, trade, tax, and audits in a uniform manner. or EU standards.

Tax 136
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Fraunhofer ISI/ICCT analysis of PHEV data finds real-world CO2 emissions 2-4x higher than official values

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For the study, the authors analyzed a comprehensive dataset of the real-world usage patterns for plug-in hybrid vehicles in Europe, North America, and China. Patrick Plötz, Coordinator of the Business Unit Energy Economy at Fraunhofer ISI and lead author of the study. —“Real-World Usage Of Plug-In Hybrid Electric Vehicles”.

PHEV 334
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Chinese firm invests $27M with U of Michigan to advance autonomous vehicle research and development

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Frontt Capital Management Ltd, a Shenzhen-based investment firm focused on developing the intelligent vehicle industry in China, is making a $27-million investment to advance autonomous, connected vehicles and robotic technologies with the University of Michigan, along with industry and government partners.

Michigan 150
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The Dutch Tax Authority Was Felled by AI—What Comes Next?

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We need to define what ‘fair’ is,” says Yong Suk Lee , a professor of technology, economy, and global affairs at the University of Notre Dame in the United States. “When there is disparate impact, there needs to be societal discussion around this, whether this is fair. But that process did not exist.”

Tax 145
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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

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A study by Ricardo Strategic Consulting has concluded that while sluggish automotive demand in Europe, Japan and North America will be balanced by the BRIC (Brazil, Russia, India and China) markets through 2020, thereafter the ‘Rising-15’ nations become the engine for profitable growth—assuming political stability.

Market 210