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Rio Tinto, Mongolia resolve issues over $6.925B Oyu Tolgoi copper project; underground operations to start

Green Car Congress

Rio Tinto, Turquoise Hill Resources (TRQ) and the Government of Mongolia have reached an agreement that will move the Oyu Tolgoi (OT) copper mine project ( earlier post ) forward, resetting the relationship between the partners and increasing the value the project delivers for Mongolia.

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Elon Musk discusses potential Tesla investment with Magnolia’s PM

Teslarati

Global think tank ODI held a roundtable earlier this year that discussed Magnolia’s New Recovery Policy and where the country currently stands in the economic supply chain. According to ODI research Mongolia’s economic growth over the last decade grew remarkably at an average of 8%. Tesla proposes $3.8

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NIO unveils production electric SUV for China market; NIO ES8 to launch end of this year

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The manufacturing and supply chain that will produce the ES8 is already in place, the company said. The vehicle has been tested in Yakeshi in Inner Mongolia, where temperatures can reach -22 degrees Fahrenheit as well as Melbourne and Mildura, Australia where temperatures can reach more than 104 degrees Fahrenheit.

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Clean Global Energy in JV for $400M Underground Coal Gasification Project in China

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Ltd of Beijing, China (YSJY ), Inner Mongolia Gu Xin Mining Co. Ltd of Beijing, China (GX) and Goldbridge Clean Tech Energy of East Sussex, United Kingdom (GB) to undertake a US$400M commercial UCG (underground coalgasification) project on GX’s Inner Mongolia coal deposit. Underground coal gasification. Click to enlarge.

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Molycorp to accelerate initial start-up of new rare earth processing facility; $114M additional investment

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This acceleration also expands the diversity of global supply, which is an increasingly urgent matter for rare earth consumers. By accelerating our start-up, we also further de-risk the overall project by allowing for a more orderly and sequential start up of the various circuits of this highly complex plant. —Mark Smith.

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First Solar Signs MoU for 2GW Solar Power Plant in China

Green Car Congress

First Solar signed a memorandum of understanding (MOU) with the Chinese government to build a 2 gigawatt solar power plant in Ordos City, Inner Mongolia, China. The project will operate under a feed-in-tariff which will guarantee the pricing of electricity produced by the power plant over a long-term period.

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