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Brine-to-battery company EnergyX secures $450M funding agreement with Global Emerging Markets

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Lithium and battery technology company Energy Exploration Technologies announced a $450-million investment commitment from Global Emerging Markets (GEM). Founded in 1991, GEM (Global Emerging Markets) is a $3.4-billion A tech-heavy ESG company mining in the emerging markets is a rare find.

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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

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The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. million b/d since the start of 2020, contributing 184,000 b/d to the global decline in 2021. million b/d in 2022 and by an additional 1.6

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Start-Up MOBI LATAM partners with EnergyX to develop Bolivian domestic lithium battery supply chain

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Both companies will work towards creating a Bolivian domestic lithium battery supply chain to develop the region’s electric mobility market. However, Bolivia is production-poor; Chile and Argentina are top global producers, but Bolivia has yet to produce the mineral in commercial quantities. (The

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WNA: global nuclear generation nears record high in 2019

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In 2020 the world’s nuclear reactors have shown resilience and flexibility, adapting to changes in demand while ensuring stable and reliable electricity supplies. GWe started supplying electricity, compared to an average annual objective for 2016-2020 of 10 GWe. —Agneta Rising, Director General of World Nuclear Association.

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Nuseed, bp partner to accelerate market adoption of Nuseed Carinata as a sustainable low-carbon biofuel feedstock

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Nuseed and BP Products North America Inc., have entered into a long-term strategic offtake and market development agreement that will see bp, or its affiliates, purchase Nuseed Carinata oil to process or sell into growing markets for the production of sustainable biofuels. million barrels a year in 2022.

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GM signs major Li-ion supply chain agreements: CAM with LG Chem and lithium hydroxide with Livent

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General Motors announced two major Li-ion battery supply chain agreements, one with LG Chem for cathode active material (CAM), and one with Livent for the supply of battery-grade lithium hydroxide. —Jeff Morrison, GM vice president, Global Purchasing and Supply Chain.

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Power Global, Rap Eco Motors to launch mass electric auto-rickshaw line powered by swappable battery technology

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Power Global and Rap Eco Motors partner to deliver 50,000 made-in-India electric auto-rickshaws built upon the swappable eZee module. Rap Eco Motors delivers premier e-rickshaws nationwide and abroad to countries in Asia, Africa, Europe and South America.

Auto 243