Goldman Sachs says US, Europe could end reliance on Chinese EV batteries by 2030
Countries competing with China would need to spend $78.2 billion on batteries, $60.4 billion on components and $13.5 billion on mining.
Countries competing with China would need to spend $78.2 billion on batteries, $60.4 billion on components and $13.5 billion on mining.
Silvio Lima is based in London and Brazil.
Lygend plans to use 56% of the proceeds for the development and construction of nickel production projects on Indonesia's Obi Island.
Funding will enable Trafigura to complete Congo miner Chemaf's new mechanized mine at Mutoshi, processing plant in Kolwezi, and the expansion of its Etoile mine.
A European fund tied to Gates’ Breakthrough Energy Ventures invested $12 million in the I-ROX pulsed-power venture with Robert Friedland’s I-Pulse Inc.
Becancour is drawing corporate giants to the French-speaking Canadian province with its ambitions to make this industrial outpost, halfway between Montreal and Quebec City, a key gear for an EV battery supply chain to serve the continent.
The US and the Philippines will open talks on a deal for the Asian nation to build nuclear power plants with American technology.
The decision not to ban Russian metal from LME warehouses has triggered a rush to conclude contracts with the country’s two big producers.
Most Chinese EV makers are registering losses despite rapid sales growth because of rising battery costs.
BHP plans to splash cash on nickel exploration and a deal with OZ would give it access to projects.