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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

Green Car Congress

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Most of this growth is driven by an ever increasing demand for electric vehicles. Manufacturing the additional 2.7

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Why New Production Sources of Tungsten Are Critical for Increased Global Supply

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by Lewis Black, CEO of Almonty Industries. In fact, Jaguar plans to become an “all-electric luxury brand” by 2025 [ 1 ] as mentioned on ABCNews. and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% Should the U.S.

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The Australian lithium industry and the global battery supply chain

Innovation News Network

Curtin University’s Professor Jacques Eksteen explores the Australian lithium industry and its role in the global battery supply chain. Lithium is most commonly used for rechargeable batteries in our mobile phones, laptops, digital cameras, home and grid energy storage, and electric vehicles (EVs).

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S&P Global: looming shortfalls in copper supply will short-circuit net-zero goals absent significant new supply

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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.

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BMW Group secures CO2-reduced steel for global production network

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Following initial contracts with European suppliers, the BMW Group has now concluded further 2 -reduced-steel-for-global-production-network">agreements for the supply of CO 2 -reduced steel in the US and China. Steel is one of the main sources of CO 2 emissions in our supply chain.

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Porsche strengthens commitment to industrial production of eFuels with $75M investment in HIF Global

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Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. These electricity-based synthetic fuels enable nearly-CO 2 -neutral operation of combustion engines. In total, an amount in the low nine-figure USD range is flowing into HIF Global LLC.

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US DOE releases 2023 Critical Materials Assessment to evaluate supply chain security for clean energy technologies

Green Car Congress

The US Department of Energy (DOE) released its 2023 Critical Materials Assessment (2023 CMA), which evaluated materials for their criticality to global clean energy technology supply chains. The Assessment focuses on key materials with high risk of supply disruption that are integral to clean energy technologies.

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