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Automotive industry develops new guidance for measuring recycled content of automotive products

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The Suppliers Partnership for the Environment (SP) and the Automotive Industry Action Group (AIAG) have published a new guidance document, “ Measuring Recycled Content of Automotive Products.”. R3: Recycled portion of purchased raw material, including materials recovered or generated by other industries.

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Benchmark Mineral Intelligence: lithium industry needs $42B investment to meet 2030 demand

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The lithium industry needs $42 billion of investment if it is to meet 2030 demand, according to analysis by Benchmark Mineral Intelligence. This works out at approximately $7 billion a year between now and 2028 if the industry is to meet lithium demand by the end of the decade. Benchmark forecasts lithium demand in 2030 will reach 2.4

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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. Benchmark’s analysis shows that the expansion of the global lithium industry will need $51 billion of investment.

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Aemetis signs $3B, 10-year supply agreement for 450M gallons of renewable diesel with industry-leading travel stop company

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Aemetis, a renewable fuels company focused on negative carbon intensity products ( earlier post ), has signed a 10-year, 450-million-gallon renewable diesel supply agreement with an industry-leading travel stop company, which is expected to generate more than $3 billion in revenue. The industrial site has 710,000 s.f.

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Amsted Industries forms automotive group to focus on electric and traditional vehicle markets

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The world automotive market is going through a period of fundamental change. The transition to electric vehicles has the potential to reshape much of the industry, including the supply base. —Stephen Smith, Chairman, President and CEO, Amsted Industries. Burgess-Norton built the core of its business on piston pins.

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Chart Industries and ZEV Station sign MoU for hydrogen equipment for novel multimodal stations

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Chart Industries and ZEV Stations executed a Memorandum of Understanding (MoU) enabling the two companies to collaborate on novel deployment for US-based, multimodal hydrogen stations with Chart equipment.

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MAN Energy Solutions and Fraunhofer IST analyze options for cost-efficient hydrogen supply to Salzgitter industrial cluster

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MAN Energy Solutions and the Fraunhofer Institute for Surface Engineering and Thin Films (IST) have published their analysis of the framework conditions for the future supply of green hydrogen to the Salzgitter steel site near Hannover. This will be the case in many instances, as for example in the shipbuilding or aviation industries.

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