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BMW i Ventures to Invest in Green Lithium Refining Technology

Green Living Guy

May 17, 2022) – BMW i Ventures announced today a lead investment in the Series A-1 financing round of Mangrove Lithium, a feedstock-flexible modular platform producing battery-grade lithium hydroxide and carbonate to improve the sustainability profile of lithium. Mountain View, Calif.

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Global Emerging Markets to invest $450 million in EnergyX for lithium production

Charged

Lithium and battery technology startup Energy Exploration Technologies ( EnergyX ) has announced investment of $450 million from investment firm Global Emerging Markets. EnergyX also has plans for its Solid State Lithium Metal Battery (SoLiS). Source: EnergyX.

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GEL to produce geothermal lithium from Cornwall, UK projects

ThinkGeoEnergy

Geothermal Engineering Limited (GEL) has announced plans of producing around 10o tonnes of Lithium Carbon Equivalent (LCE) per year from the company’s geothermal projects in Cornwall, UK. High lithium concentrations at the United Downs site had been reported as early as 2021. GEL was recently awarded £1.8m

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Honda EV investment the culmination of years of government leadership, securing Canada’s place as an EV heavyweight

Clean Energy Canada

Honda will bring to Ontario new manufacturing activities and jobs in the three highest value parts of the EV battery supply chain: battery materials production, battery cell manufacturing, and EV assembly. “The investment will be supported by both federal and Ontario government contributions of up to $2.5

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GM leads $50-million funding round in EnergyX to develop US lithium supply

Charged

GM’s investment arm GM Ventures is leading a $50-million Series B financing round in Energy Exploration Technologies ( EnergyX ) and will develop the company’s lithium extraction and refinery technology. This could help create a lithium supply chain in North America that may otherwise be unviable, the company said. Source: GM

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Exxon Mobil plans to produce lithium in Arkansas

Charged

Exxon Mobil is targeting a different segment of the EV ecosystem—the oil giant has announced plans to set up a lithium production facility in Arkansas. Be that as it may, Exxon has the expertise and the capital to become a major player as the industry scrambles to establish sources of lithium in North America. Source: New York Times

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Ford signs lithium and nickel deals to secure IRA-compliant supply

Charged

The automaker recently signed lithium supply agreements with five producers, and Benchmark Minerals predicts that, with these deals and a nickel supply agreement, Ford has secured more than 90% of the lithium and nickel it will require to meet its 2-million-vehicle target. Source: Benchmark Minerals

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