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International Lithium Association (ILiA) established to be the voice of the global lithium industry

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The world has entered the “lithium century” almost without noticing it, but until now this critical industry lacked a central voice. The International Energy Agency (IEA) has estimated that the growth in EVs could see lithium demand increase by more than 40 times by the year 2030. ppm Li (0.0018%).

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

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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. Global investment in technologies to help the energy transition reached a record $1.3 trillion in 2022, IRENA said.

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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. In total, an amount in the low nine-figure USD range is flowing into HIF Global LLC. AME remains the majority shareholder of HIF Global LLC. Earlier post.).

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Schlumberger and RTI International partner to accelerate the industrialization of NAS carbon capture technology

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Schlumberger has entered into an agreement with RTI International , a nonprofit research institute, to accelerate the industrialization and scale-up of its proprietary non-aqueous solvent (NAS) technology, which enhances the efficiency of absorption-based carbon capture.

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Hydrogen Heavy Duty Vehicle Industry Group signs agreements to industrialize 70 MPa high-flow refueling; H70HF

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The Hydrogen Heavy Duty Vehicle Industry Group—comprising Air Liquide, Hyundai, Nel Hydrogen, Nikola Corporation, Shell and Toyota—has signed agreements with Tatsuno Corporation and Transfer Oil S.p.A. to industrialize globally-standard 70 MPa hydrogen heavy-duty vehicle high-flow (H70HF) fueling hardware components.

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International Lithium Association (ILiA) commissions TDi Sustainability to examine ESG and standards in the lithium industry

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The International Lithium Association ( ILiA ), the not-for-profit industry association representing the global lithium value chain, announced a wide-ranging agreement with TDi Sustainability to explore standards and environmental, social and governance (ESG) issues in the lithium industry.

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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. In 2022, more than 111.9 mtpa low-carbon hydrogen capacity was announced in the US, Denmark, Egypt, Canada, Portugal, and other countries.

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