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Mexico forms state-run company to mine lithium: Litio para Mexico

Green Car Congress

The Board of Directors for LitioMx comprises the head of the Ministry of Energy, who will preside over it; the head of the Ministry of Finance and Public Credit; the head of the Ministry of Economy; the head of the Ministry of the Interior; and the head of the Ministry of Environment and Natural Resources. According to the USGS, Mexico has 1.7

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GE study finds 5% of worlds natural gas production wasted per year by flaring

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Elsewhere in West Africa, Angola, Equatorial Guinea, Gabon, Congo and Cameroon collectively waste about 10 billion cubic meters of natural gas every year. Expand access to financing. Successful capture and flare gas utilization could potentially triple per capita electricity consumption for this nation of 155 million people.

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LIVE BLOG: Tesla 2023 Cyber Roundup (Annual Shareholder Meeting)

Teslarati

16:08 CT – The shareholder now asks if Tesla would be open to extending its vehicle’s financing terms. Elon Musk notes that the banks are the ones that are deciding on its vehicles’ financing. The shareholder notes that Tesla should have third-party checks for child labor in cobalt mining in Congo and forced labor in China.

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Live Blog: Tesla (TSLA) 2021 Annual Meeting of Stockholders

Teslarati

The CEO also adds that Tesla’s finances should be even better, especially as FSD matures. A member of the Sisters of Good Shepherd New York cites the human rights impact of cobalt, a controversial material that still sees child labor in the Congo region. Credit: Tesla/YouTube. Credit: Tesla/YouTube.

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Glencore enters offtake agreement with Tantalex Lithium

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Tantalex Lithium Resources, a Canada-based exploration and development stage mining company, received and executed a term sheet from Glencore International AG for a marketing offtake agreement for the lithium to be produced from its Manono Lithium Tailings Project in the Democratic Republic of Congo (DRC).

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Equatorial Guinea, DRC to develop joint oil refinery and storage facilities

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These include the financing and construction of an oil refinery in the DRC to be owned jointly by both countries to meet regional demand for refined petroleum products, along with the construction of storage facilities for refined products. —Equatorial Guinea’s Minister Gabriel Mbaga Obiang Lima.

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Volkswagen joins “Cobalt for Development” initiative

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Volkswagen says that it is actively engaging in improving artisanal cobalt mining conditions in the Democratic Republic of Congo (DRC) as well as the living conditions for people in the surrounding communities. The project is being implemented by GIZ and financed by BASF, BMW Group, Google, Samsung Electronics, Samsung SDI and Volkswagen.

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