Soaring prices for lithium are prompting the electric-car industry to find new ways to secure the crucial battery ingredient, creating new risks. But dealmaking under duress makes miscalculations more likely, says KatrinaHamlin
Stellantis has invested A$76 million to become the second-largest shareholder of ASX-listed Vulcan Energy Resources, the lithium miner said on June 24. Vulcan will use the proceeds for its already planned expansion of its brine field in the upper Rhine valley in Germany. The field already produces geothermal energy, which will be used to mine lithium hydroxide with a net-zero carbon footprint.
Australia's Liontown Resources on June 6 signed an agreement with Tesla to supply lithium spodumene concentrate to the electric-car maker for five years beginning in 2024. The miner said that contracts with Tesla, LG Energy Solutions and other clients would cover 85% of lithium spodumene concentrate produced from its Kathleen Valley site in Western Australia.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Volkswagen Previews Aero Sedan, Studies Grid Integration For Electric CarsVolkswagen continues to push the EV revolution forward with new electric cars and grid stabilization strategies.
Weiterlesen »
New Mexico wildfire sparked by Forest Service after pressure to burnPressure to meet objectives may have led the U.S. Forest Service in New Mexico to ignore risks posed by a controlled burn that sparked the state's largest wildfire, an agency review found.
Weiterlesen »
2023 Peugeot 408 executive car revealed: price, specs and release dateICYMI: It's called the 408 and it's PeugeotUK's new high-riding executive car with plug-in hybrid power and sleek coupe lines. Would you be tempted?
Weiterlesen »
Polestar O2 electric roadster set for launch mid-decadeThe Polestar O2 concept is set for launch mid-decade – bringing open-top motoring to the electric car scene. Here's the latest news ⤵️
Weiterlesen »
New Lexus EV supercar: LFA successor stars at Goodwood 2022 | AutocarWe won't see it go up the track this year (the big glass box might have something to do with that) but the electric all-electric Lexus LFA successor is one well worth seeking out at fosgoodwood
Weiterlesen »
Elon Musk Calls Tesla’s New Car Factories ‘Gigantic Money Furnaces’Elon Musk called Tesla's plants in Germany and Texas “gigantic money furnaces' that are 'losing billions of dollars' in an interview released Wednesday
Weiterlesen »