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European metals-producing and -using industries and workers warn of catastrophic impact of Chinese magnesium supply shortage

Green Car Congress

A cross-industry group of European metals-producing and -using industries and their workers have issued a warning about the potentially catastrophic impact of the Chinese magnesium supply shortage. Magnesium is a key alloying material and widely used in the metals-producing industry. Japan uses 4%.

Chinese 170
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Roskill: Yahua-Tesla deal indicative of increasing capability and numbers of Chinese lithium convertors

Green Car Congress

On 29 December 2020, Sichuan Yahua Industrial Group announced thatits subsidiary, Yahua Lithium, had signed a five-year supply agreement with Tesla. The total value of the contract is reported to be US$630-880 million, with Yahua Lithium to provide battery-grade lithium hydroxide to Tesla from 2021 to 2025.

Chinese 305
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Roskill: Japanese steel industry is poised for a major downsizing in the years to come

Green Car Congress

Nippon Steel plans to suspend blast furnace operations at its Ibaraki Prefecture plant, near Tokyo, according to the Nikkei—the latest example of the group’s efforts to deal with overcapacity in Japan. The Japanese steel industry has a total capacity of 130 Mtpy. —Nikkei report. —Nikkei report.

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Gotion reaches deal with Edison Power to tap Japan's energy storage market

CN EV Post

Image credit: Gotion High-tech) Chinese battery giant Gotion High-tech and Japan's Edison Power Co Ltd have reached a strategic cooperation agreement to jointly tap the energy storage market in Japan. Gotion's energy storage battery business generated RMB 1.28 billion in revenue in the first half of last year, contributing 14.8

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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. The steel industry cannot afford to wait for the 2040s to start its transition.

Hydrogen 221
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Report: Japan To Spend 110B to cut use of Chinese rare earth metals

Green Car Congress

billion) in efforts to reduce domestic industry’s dependence on rare-earth metal supplies from China by a third. Japan currently imports 90% of the rare-earth metals it uses from China. The Nikkei reports that the Japanese government and private sector plan to invest ¥110 billion (US$1.3 Honda Motor Co., Nissan Motor Co.

Japan 186
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Big Auto is begging governments to let them go bankrupt as Chinese EVs loom

Baua Electric

The auto industry is electrifying, and all new cars will be electric in the relatively near future. And yet, the auto industry – which is responsible for more pollution than any other sector, at least in rich countries – still lobbies to worsen emissions reduction targets, even when those targets were already pushed back to begin with.

Chinese 52