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GM and Lithium Americas to develop lithium production through $650-million investment

Charged

General Motors and Lithium Americas plan to jointly invest in the development of the Thacker Pass mine in Nevada, which the companies call “the largest known source of lithium in the US.” GM plans to use lithium carbonate from Thacker Pass in its proprietary Ultium battery cells. Source: GM

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CTR breaks ground on geothermal and lithium facility in California

ThinkGeoEnergy

(CTR) has broken ground on the construction of an integrated geothermal power plant and lithium production facility at the Salton Sea in California. This is the first of seven project stages building towards a multi-billion-dollar clean energy precinct, the “Lithium Valley Campus.” ” The 1.85-billion-dollar

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LG invests $1.4 billion into first US cylindrical battery plant

Smart Energy International

billion) investment in a cylindrical battery plant. It is said to be the first-ever cylindrical-type battery manufacturing plant in North America. Batteries produced from the Arizona plant will be supplied to electrical vehicle (EV) manufacturers, including start-ups and electric tool companies based in North America.

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Will Lithium Follow The ‘Super-Cycle’ Of Mining?

R-Squared Energy

When prices are high, oil companies tend to invest a lot more into increasing production. But there is a lag between those investments and additional supply. That often results in a price crash in which investments dry up. But will lithium follow that same trend? So, prices may be high for a while, which can also 1).

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Media Brief: Countering common myths about electric vehicles

Clean Energy Canada

Electric vehicles now make up 9% of new car sales in Canada. and Quebec, the market share is even higher, with electric vehicles making up around 20% and 14% of new cars sold in each province, respectively. Canada’s electricity grid is currently 84% non-emitting.

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There’s gold (and lithium and cobalt) in all those EV battery packs

The Verge: Energy

Billions of dollars in incentives such as the Inflation Reduction Act and Bipartisan Infrastructure Law have spurred the creation of a so-called Battery Belt across the southeastern US, all fuel to fire an anticipated spike in electric vehicle demand. It’s a big investment — and big science, too. But that’s just the beginning.

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LG and Shell back high performance lithium-ion battery development

Smart Energy International

South 8 Technologies has raised $12 million in Series A financing to commercialise next-generation electrolytes for lithium-ion batteries. The financing round was led by industrial venture investor Anzu Ventures along with LG Technology Ventures and Shell Ventures as well as Foothill Ventures and Taiyo Nippon Sanso Corporation.

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