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BHP investing US$40M in Kabanga Nickel, US$10 in Lifezone; 2nd tranche of $50M slated for Kabanga

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BHP, a world leading resources company, has invested US$40 million into Kabanga Nickel in Tanzania. Lifezone hydromet is more cost-efficient than smelting, has a significantly lower environmental impact, and will ensure that finished Class 1 battery-grade nickel, copper and cobalt will be produced in Tanzania, Kabanga Nickel said.

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Imperium3 New York produces its first full-sized prismatic cells

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million, including a $4 million Upstate Revitalization Initiative grant and $3.5 Magnis aims to become a leading global producer of next-generation green-credentialed Lithium-Ion Battery (LIB) cells. Magnis has a world-class graphite asset in Tanzania, associated production IP and a strategic partnership and 10% interest in C4V.

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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

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Experts predict that by the year 2060 global warming, if left unchecked, could result in a temperature rise of seven degrees Fahrenheit higher than temperatures before the Industrial Revolution when man started widespread use of coal and other fossil fuels. According to the IEA, global energy demand will grow 55% by 2030.