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Canada orders three Chinese companies to divest from Canadian critical minerals companies

Green Car Congress

The Government of Canada has ordered the divestiture of the following investments by three Chinese companies in Canadian critical mineral companies: Sinomine (Hong Kong) Rare Metals Resources Co., Limited is required to divest itself of its investment in Power Metals Corp.

Canada 353
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Audi designs urbansphere concept for Chinese megacities

Green Car Congress

Designers and engineers initially created the Audi urbansphere for use in traffic-dense Chinese megacities, although the concept is also suitable for any other metropolitan center in the world. —Markus Duesmann, Chairman of the Board Management at AUDI AG and responsible for the Chinese market.

Audi 356
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AVZ signs binding SC6 offtake agreement with major Chinese lithium converter Yibin Tianyi, supplier to CATL

Green Car Congress

Yibin Tianyi will require approximately 700,000mt per year of SC6 to satisfy its internal demand after commissioning its planned hydroxide plant expansions. We are very pleased to conclude our discussions with Yibin Tianyi and to sign another binding offtake agreement for SC6 to a Chinese converter.

Convert 448
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Benchmark: Chinese lithium carbonate premium narrows as hydroxide price increase accelerate

Green Car Congress

Lithium carbonate’s premium over lithium hydroxide in the Chinese domestic market, seen in the first quarter of 2021, is beginning to narrow, as shifting cathode chemistry demand continues to support hydroxide prices in China while carbonate gains soften amid limited spot transactions, according to Benchmark Mineral Intelligence.

Chinese 273
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NextSource Materials to collaborate on battery anode plant in Madagascar with Japanese and Chinese partners

Green Car Congress

executed a Letter of Intent (LOI) with its Japanese offtake partner and a leading Chinese processor of graphite anode material to collaborate on the construction of a value-add, battery anode plant in a jurisdiction that is proximal to the Company’s Molo graphite project in Madagascar. Canada-based NextSource Materials Inc. Mt at 7.02%C.

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LME copper prices hit 7-year high

Green Car Congress

An unexpectedly strong resurgence in Chinese cathode buying for scrap replacement, improving consumption, restocking and stockpiling purposes. An unexpectedly strong resurgence in Chinese cathode buying for scrap replacement, improving consumption, restocking and stockpiling purposes.

Price 541
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XPENG unveils G9 flagship electric SUV for Chinese and global markets at Guangzhou show

Green Car Congress

XPeng unveiled its new G9 flagship smart SUV at the 19th Guangzhou International Automobile Exhibition. The G9 is purposefully built with an international perspective, compliant with the C-NCAP and E-NCAP 5-star safety design standards, and the stringent EU WVTA vehicle certification standards. powertrain and supercharging system.

Chinese 259