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Neo Performance Materials to acquire exploration license for rare earth element project in Greenland

Green Car Congress

The project hosts a mineral deposit that is enriched in neodymium and praseodymium, two essential elements for rare earth permanent magnets used in electric vehicles, wind turbines, and high-efficiency electric motors and pumps that help reduce greenhouse gas emissions. Sarfartoq carbonatite drill cores.

Estonia 195
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Molycorp purchases remaining shares of European rare earth processing company

Green Car Congress

has purchased the remaining shares of Molycorp Silmet AS, one of only two rare earth processing companies in Europe. Molycorp now owns 100% of the Sillamäe, Estonia-based facility, known as Molycorp Sillamäe. On 1 April 2011, Molycorp purchased a 90.023% stake in AS Silmet in a transaction valued at approximately $89 million.

Purchase 199
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Nissan has more than 550 electric taxis on European roads

Green Car Congress

With more than 550 electric taxis on European roads, Nissan is now Europe’s best-selling manufacturer of 100% electric taxis. During 2015, more than 100 electric vehicles were delivered to taxi companies across Europe. Green Lite Taxi Kft.,

Taxi 150
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Neo Performance Materials and Energy Fuels launching US-European rare earth production initiative

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Under an agreement in principle, subject to completion of definitive agreements, Colorado-based Energy Fuels will process natural monazite sands into an RE Carbonate beginning in March or April 2021 and ship a portion of that production to Neo’s rare earth separations facility in Sillamäe, Estonia (Silmet).

Energy 186
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ACEA: data show EU market for electric cars highly fragmented; need for inclusive measures

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The European Automobile Manufacturers’ Association (ACEA) has published new data demonstrating the correlation between the market uptake of electrically-chargeable vehicles (ECVs) and both GDP and customer incentives. Five EU member states don’t offer any incentives at all: Croatia, Estonia, Lithuania, Malta and Poland.

Greece 150
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Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles 

Electric Vehicles India

Hero & Yamaha to jointly establish electric cycle drive units. Yamaha Motor and Hero Motors Limited have signed an agreement that they will jointly establish a company to manufacture hub-mounted drive units for electric bicycles. Electric bikes back up to 30%, capped at the incentive of $1,500 in the US .

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Mitsubishi Corp. to provide 507 i-MiEVs to Estonian Government; CHAdeMO quick charging network for the country

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Mitsubishi Corporation (MC) will provide 507 units of the i-MiEV electric vehicle manufactured by Mitsubishi Motors (MMC)—the largest single provision since sales of the EV started—to the Estonian Government. subsidy programs for consumers who purchase electric vehicles, to be introduced by the end of 2012.

i-MiEV 278