Tata to build $1.6 billion Indian EV battery plant, Gujarat says Tata Group signed an agreement with the Gujarat state government to set up a giga-factory for manufacturing lithium-ion cells. Bloomberg News | June 4, 2023 | 11:56 am
GM, POSCO Future M to boost investment at Canada battery materials plant The new investment in their Ultium CAM plant will be used to set up additional facilities for local on-site processing of critical minerals. Reuters | June 2, 2023 | 10:08 am
European Lithium signs deal with Obeikan Group for hydroxide processing plant in Saudi Arabia Facility to be developed to meet initial capacity based on company's supply agreement with BMW. Staff Writer | June 1, 2023 | 4:08 pm
Breaking down clean energy funding in the Inflation Reduction Act This infographic breaks down the $392.5 billion in clean energy and climate spending in the IRA. Visual Capitalist - Decarbonization Channel | June 1, 2023 | 12:31 pm
Eramet no longer sees LME as benchmark for ferronickel "The LME's problem is that it's pricing the pure ore. Meanwhile, nickel is less and less used as a pure metal," said Eramet's CEO Christel Bories. Reuters | June 1, 2023 | 7:45 am
Tsingshan says Argentina lithium plan with Eramet to total $1.7 billion China's top nickel producer urged the Argentinian government to introduce more policies and measures related to investment. Reuters | June 1, 2023 | 7:26 am
Global production of critical metals unlikely to meet EU demand Researchers say metal shortage could put the brakes on the EU’s electrification goals. Staff Writer | June 1, 2023 | 5:15 am
Renewable energy capacity to hit record growth in 2023 – IEA Renewable power capacity is expected to jump by 107 gigawatts the largest absolute increase ever, to more than 440 gigawatts in 2023. Cecilia Jamasmie | June 1, 2023 | 5:06 am
Google leads funding round for Indian space startup Pixxel Pixxel, founded in 2019, is building a constellation of satellites that have the ability to identify mineral deposits or the productivity of crops by analysing the spectral signature of an image. Reuters | June 1, 2023 | 4:58 am