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Core Lithium and Tesla enter into binding term sheet for the supply of lithium

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Australia-based Core Lithium has entered into a legally binding Term Sheet with Tesla for the supply of up to 110,000 tonnes of Li 2 O spodumene concentrate from the Finniss Lithium Project over a term of 4 years, with pricing referenced to the market price for spodumene concentrate, subject to a price floor and ceiling.

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Liontown and Tesla enter into a binding term sheet for supply of lithium from Kathleen Valley project

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Australia-based battery materials company Liontown Resources Limited entered into a legally binding sales and purchase term sheet with electric vehicle manufacturer Tesla for the supply of spodumene concentrate. spodumene concentrate 6%) production capacity of ~500 ktpa. billion (US$3 billion) and IRR of 57%.

Supplies 243
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US DFC approves $150M conditional loan commitment for Balama graphite mine in Mozambique

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The DFC loan is subject to the completion of due diligence, negotiation of detailed terms and legal documentation, DFC management approval and Syrah and Twigg Board approvals. DFC has subsequently undertaken technical, market, environmental, social and legal due diligence on Syrah, Twigg and Balama. Earlier post.)

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Japanese demonstration project begins for commercialization of vessels equipped with high-power fuel cells

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The project, which will begin this month, is Japan’s first effort to develop a commercially available FC vessel and carry out a demonstration operation involving the supply of hydrogen fuel. The partners will begin a feasibility study in September 2020 and start designing the vessel and hydrogen-fuel-supply equipment in 2021.

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NTT DATA and DENSO building industry-wide dataspace for EV batteries

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NTT DATA and DENSO will launch a study on a common platform for the automotive and manufacturing industries with the aim of commercializing services by the end of FY2023. Overview of the Global Trusted Dataspaces.

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Axeon awarded funding to study recycling and re-use of EV batteries

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UK-based Li-ion battery system producer Axeon is one of six British companies to receive a share of nearly ÂŁ500,000 (US$798,000) in funding from the Technology Strategy Board for feasibility studies into the recycling and re-use of batteries for hybrid and electric vehicles.

Li-ion 236
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Agreements reached on trans-Guinean infrastructure in milestone for Simandou iron ore project

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Simandou, the world’s largest known undeveloped supply of high-grade, low-impurity iron ore, will strengthen Rio Tinto’s portfolio by complementing our existing Pilbara and Iron Ore Company of Canada products. It is also subject to a number of conditions, including the Guinean State’s approval of the final feasibility study for the project.

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