Remove Chinese Remove Financing Remove Industrial Remove Resource
article thumbnail

Northern Graphite closes acquisition of two graphite mines; 3rd largest non-Chinese graphite company

Green Car Congress

All deposits have high quality flake graphite that is suitable for all battery and industrial applications. The acquisitions will provide Northern with 40-50,000 tonnes per year (tpy) of graphite production capacity in Québec and Namibia, which will make it the third-largest non-Chinese natural graphite producing company.

Namibia 284
article thumbnail

Chinese steel group Tsingshan investing $375M to build lithium plant in Argentina with Eramet

Green Car Congress

interest, and will retain operational management responsibility; its partner Tsingshan is financing the plant construction in exchange for 49.9% For this project with high value creation potential, our partner Tsingshan will provide its industrial expertise and financing capabilities needed for the construction of the plant.

Argentina 335
article thumbnail

Euro Manganese enters offtake term sheet with battery-maker Verkor

Green Car Congress

The Chvaletice resource is the only sizeable, classified resource of manganese in the European Union. Pricing is subject to a floor price which ensures the company will meet its project financing debt covenants. This term sheet is the company’s first term sheet for a long-term offtake.

article thumbnail

Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

How Electrifying Transport and Chinese Investment are Playing Out in Indonesia —focuses on nickel as a critical mineral, but has implications for the broader minerals and materials supply chains needed for broad-scale energy transition. Global Nickel Trade and Chinese Dominance. The detailed report— Need Nickel?

China 416
article thumbnail

Hyundai Motor partners with regional firms to establish H2 fuel cell commercial vehicle ecosystem in China

Green Car Congress

Tangshan city government in the Jing-Jin-Ji area is pushing ahead with a plan to construct a hydrogen industry cluster facilitating development of fuel cell electric vehicles, especially heavy-duty trucks, logistics and urban maintenance vehicles. In addition, it plans to promote a pilot operation business of fuel cell electric vehicles.

Hyundai 356
article thumbnail

DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

Green Car Congress

The project will build a new plant in Chattanooga to produce 30,000 metric tons per year of graphite targeted at the electric vehicle industry. NAM will deploy its advanced, cost effective and environmentally friendly process technology to provide a ~60% reduction in carbon intensity relative to the traditional Chinese synthetic graphite.

Parts 459
article thumbnail

Zimbabwe lithium miners table refinery plans under govt pressure – ET Auto

Baua Electric

Currently, Chinese lithium miners , who dominate the sector in Zimbabwe, only produce lithium concentrates which they ship to China for further processing. Last November, Zimbabwe’s finance minister Mthuli Ncube said the government had given miners up to March 2024 to submit plans on refining within the country.