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Alabama, Mississippi to assess oil sands resources in their states

Green Car Congress

Alabama and Mississippi are forming a partnership to further study the oil sands resources in the two states, Alabama Governor Robert Bentley and Mississippi Governor Phil Bryant announced on Saturday while speaking to the Southern States Energy Board. Various studies have been conducted over the years regarding the Hartselle Sandstone.

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Albemarle signs exclusivity agreement with Mineral Resources for 50/50 lithium JV in W. Australia; $1.15B deal

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The proposed JV, which remains subject to negotiation of definitive documents, would combine Albemarle’s lithium production and marketing expertise with Mineral Resources Limited’s (MRL) leading regional presence and mining capabilities. The purchase price for Albemarle’s 50% interest in the JV would be US$1.15

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Tesla signs 5-year lithium supply deal with Australia’s Liontown Resources: Report

Teslarati

Tesla signed a 5-year lithium supply deal with Liontown Resources, which is expected to commence in 2024. The Tesla-Liontown agreement is conditional, based on when the Australian company starts commercial production at the Kathleen Valley Lithium Project. Liontown aims to begin commercial production by 2025.

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Volkswagen establishes VWAT subsidiary to bring autonomous driving to market; light commercial vehicles first target

Green Car Congress

The company will be managed by Alexander Hitzinger, Senior Vice President for autonomous driving in the Volkswagen Group and Member of the Volkswagen Brand Board of Management responsible for Technical Development at Volkswagen Commercial Vehicles (VWCV). The first application cases are planned in the commercial sector.

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Koch invests $252M in Compass Minerals to support development of lithium brine project in Utah; ESM for DLE

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mMT lithium carbonate equivalent (LCE) Great Salt Lake resource and debt reduction. Adsorption is a proven DLE technology already in use for commercial production at several lithium brine operations globally. Jones Day acted as legal advisor for KM&T.

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Li-Cycle receives conditional commitment for $375M loan from DOE ATVM program

Green Car Congress

The conditional commitment follows DOE technical, market, financial and legal due diligence and marks another significant milestone endorsing Li-Cycle’s development of the first commercial hydrometallurgical resource recovery facility in North America, located near Rochester, New York. Li-Cycle Holdings Corp.

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Blackstone Battery production capacity to increase tenfold

Green Car Congress

Blackstone Resources AG announced that its German subsidiary Blackstone Technology GmbH will increase its battery production capacity tenfold to 500 MWh per annum by 2022 for Li-ion batteries, which contain 3D-printed battery electrodes, at Blackstone’s Döbeln site in Saxony.

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