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Mangrove raises $3M from BDC Capital to accelerate deployment of battery-grade lithium processing systems

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Canada-based Mangrove Lithium closed a $3-million financing from BDC Capital’s Cleantech Practice. The platform technology is also being commercialized for conversion of waste brines to chemicals and desalinated water. The Mangrove technology is derivative of the company’s original focus on the treatment of produced water.

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First Cobalt announces positive feasibility results for Canadian cobalt refinery expansion; first NA producer of battery-grade cobalt sulfate

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Discussions underway with Glencore on commercial arrangements, financing and allocation of project economics; third party and government funding opportunities also under review. Sodium Treatment. A new external building is also contemplated to house an expanded SX circuit and sodium management infrastructure. 56 million.

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Clean water company Ostara raises $14.5M for major expansion

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a clean water company that recovers phosphorus and nitrogen from industrial and municipal wastewaters to create premium fertilizers, completed a US$14.5-million million private equity financing. Ostara Nutrient Recovery Technologies Inc., a fund managed by FourWinds Capital Management.

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Chinese steel group Tsingshan investing $375M to build lithium plant in Argentina with Eramet

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interest, and will retain operational management responsibility; its partner Tsingshan is financing the plant construction in exchange for 49.9% For this project with high value creation potential, our partner Tsingshan will provide its industrial expertise and financing capabilities needed for the construction of the plant.

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Synthetic biology startup Lygos closes $13M Series A to target oil-based specialty chemical industry

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a bio-based specialty chemicals company, closed $13 million in Series A financing led by IA Ventures and OS Fund. The current process used to produce malonic acid requires sodium cyanide and chloroacetic acid; Lygos’ engineered yeast produces malonic acid from sugar and CO 2. Lygos , Inc., Earlier post.). Earlier post.).

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NSF to award up to $13M for fundamental work on sustainable production of electricity and transportation fuels

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Advanced systems such as lithium-air, sodium-ion, as well as lithium-ion with new cathode chemistries are appropriate. Batteries Biomass Financing Fuels Power Generation' Advanced Batteries for Transportation. The focus is on high-energy density and high-power density batteries suitable for transportation applications.

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IEA/OECD Report Concludes Nuclear Power Could Provide 24% of Global Electricity by 2050

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Westinghouse AP-1000, advanced pressured water reactor (APWR, about 1,200MW capacity. GE Hitachi ABWR (advanced boiling water reactor), 1,300-1,600MW. India PHWR (pressurized heavy water reactor),540-700MW. Financing the construction of new nuclear plants is expected to be a major challenge in many countries.

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