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POSCO begins construction of S Korea’s first lithium hydroxide plant

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—POSCO Group CEO Jeong-woo Choi The new lithium factory is anticipated to have an annual production capacity of 25,000 tons of lithium hydroxide—sufficient for manufacturing approximately 600,000 electric vehicles. POSCO developed its own extraction technology for lithium in 2010.

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Elevance Renewable Sciences raises $100M in Series C Financing; Total Energy Ventures joins in

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which is commercializing olefin metathesis technology for renewable fuels and chemicals, has raised $100 million in its Series C financing round. Its manufacturing platform integrates its proprietary technology in novel combinations with established industrial processes (metathesis, transesterification, hydrogenation).

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Ballard and HDF Energy sign development agreement for multi-megawatt fuel cell systems

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In the initial HDF Energy project, an installation is planned in French Guiana, an overseas department and region of France located off the northern Atlantic coast of South America, under the Centrale Electricité de l’Ouest Guyanais (CEOG) project. HDF Energy is planning to establish a manufacturing facility in Bordeaux, France.

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Volkswagen picks up pace of transformation with new ACCELERATE strategy

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To be able to finance the sizable future investments, the company will systematically work on increasing its efficiency with ACCELERATE. In South America and the United States, Volkswagen is striving to break even in the current fiscal year. Increasing profitability. Faster expansion of e-mobility.

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Ford CEO Fields elected to IBM Board of Directors

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In 2014, he became president and chief executive officer and was elected to the company’s board of directors, where he serves on the board’s finance committee. Prior to these positions, he was executive vice president, Ford Motor Company, and president of Ford’s Americas division.

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Navistar to take stake in Brazilian bus builder Neobus; to partner on fully integrated commercial buses for the Americas

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is planning to enter into a global commercial bus partnership with Brazilian commercial bus body manufacturer San Marino Onibus e Implementos Ltda (Neobus) and will invest in the company. Working together, we can bring value to customers with an integrated solution for commercial bus markets in South America and North America.

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BlueFire Renewables Signs 15-Year Feedstock Supply Contract for Cellulosic Ethanol Facility

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Coupled with our recently-announced off-take agreement with Tenaska BioFuels, LLC, the key input and output contracts required for financing are now resolved. Smith, one of America’s oldest and largest stevedoring and maritime related firms with operations on all three US coasts and foreign operations in Central and South America.

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