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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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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

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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). The proceeds will be used to further the company’s commercialization efforts.

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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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GM invests in California geothermal lithium project

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General Motors is investing in a US lithium extraction project that could become the country’s largest by 2024. GM said it will make a “multimillion-dollar investment” in Controlled Thermal Resources ’ Hell’s Kitchen geothermal brine project near California’s Salton Sea, and will help to develop the project. Source: Reuters.

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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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Stellantis expands relationship with lithium producer Vulcan Energy

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Stellantis has made a new equity investment of €50 million in lithium producer Vulcan Energy Resources, and extended its original binding offtake agreement to 10 years. It is encouraging to see a leading automaker investing in local, low-carbon lithium production.”. Source: Stellantis.

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