Making pellets accounts for about 15% of steel industry emissions.

The company is testing whether it’s feasible to extract minerals from the large amounts of dirty water generated by drilling in the Permian Basin.

Engineering and civil works are advancing and detailed plans for the crusher and stockpile were completed.

The company and Calix received board approvals to build a demonstration plant to process lithium at the Pilgangoora project in Western Australia.

Its stock rose as much as 8% Tuesday after the heavy-machinery maker posted earnings and revenue that both exceeded the highest analyst estimates in a Bloomberg survey.

The facility in Magdeburg has the capacity to process 10,000 metric tons of battery parts annually.

The talks are in the early stages and also include battery giants Samsung and SK On.