Green Car Congress
MARCH 28, 2023
Liontown Resources, an emerging battery minerals producer based in Australia, has rejected an unsolicited, conditional and non-binding indicative proposal from Albemarle Corporation, in which Albemarle would acquire all of the shares in Liontown at a price of A$2.50 per share—valuing the company at approximately US$3.7
Green Car Congress
FEBRUARY 22, 2023
and Sumitomo Corporation announced an agreement to diversify and strengthen rare earth supplies in Japan. Further, the companies will collaborate on the supply of rare earth metals and other products. With this knowledge, SC will continue to build value added trade by utilizing the company’s enhanced management resources.
Green Car Congress
SEPTEMBER 24, 2022
The latest arrangements to secure lithium and cobalt from Snow Lake Resources Ltd., Electra Battery Materials Corporation and Avalon Advanced Materials Inc. are in line with LG Energy Solution’s strategic vision to reinforce its key battery materials supply chain in North America.
Green Car Congress
MARCH 11, 2023
2023 resource showing the indicated and inferred resource domains as well as blocks with NSR values that are not included in the resource due to insufficient drilling to establish connectivity and DSO outlines. Highlights of the MRE: Indicated resource of 4.4 Inferred resource of 1.2 million pounds of copper.
Green Car Congress
DECEMBER 21, 2021
Findings from the North American Electric Reliability Corporation’s (NERC’s) 2021 Long-Term Reliability Assessment (LTRA) indicate there is a high probability of insufficient resources and energy to serve electricity demand, as early as Summer 2022, in many parts of the Western Interconnection.
Green Car Congress
JULY 15, 2022
The challenge of meeting Net-Zero Emissions by 2050 “will be short-circuited and remain out of reach” unless significant new copper supply comes online in a timely way, according to a new study by S&P Global that examines the growing mismatch between available copper supply and future demand resulting from the energy transition.
Green Car Congress
NOVEMBER 30, 2022
Hyundai Motor Group signed a memorandum of understanding (MOU) with SK On to secure a supply of EV batteries in North America. We expect the stable supply of EV batteries from SK On will also enable us to contribute to emissions reduction and meet climate goals in the market. million full electric vehicles annually by 2030.
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