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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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Swedish EV battery maker raises $1.2B to expand to North America

TechCrunch: Climate

Northvolt, a Swedish producer of lithium-ion batteries, has raised around $1.2 billion from BlackRock and various Canadian pension plans to build new factories in North America and Europe, according to report from Reuters. If Northvolt builds in the U.S., […]

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Snow Lake Lithium to Develop World’s First All-Electric Lithium Mine

Green Living Guy

Snow Lake Lithium shares a plan to develop the world’s first all-electric Lithium mine in Manitoba, Canada. They are developing a domestic supply of this critical resource to the North America electric vehicle industry. The demand for electric vehicles is growing rapidly.

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$357k funding progresses US lithium-ion battery recycling initiative

Envirotec Magazine

Team Portables, a consortium for lithium-ion batteries (LIBs) recycling incentivization, has received Phase II funding from the US Department of Energy’s (DoE) Lithium-Ion Battery Recycling Prize. The post $357k funding progresses US lithium-ion battery recycling initiative first appeared on Envirotec. That needs to change.

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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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How China is Cornering the Lithium-ion Cell Recycling Market

GreenTechMedia

The commonly held view that lithium-ion batteries are not being recycled is not true. China recycled around 67,000 tons of lithium-ion batteries last year, or 69 percent of all the stock available for recycling worldwide, according to Hans Eric Melin, founder of U.K.-based based Circular Energy Storage.

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CTR to receive $30 million tax credit from California to support geothermal lithium project

ThinkGeoEnergy

The tax credits will support the critical development of the Hell’s Kitchen Lithium and Power Project in Imperial County. CTR had recently broken ground on the construction of the first of seven facilities for what would eventually be the “Lithium Valley Campus.” billion in private investment over the next five years.

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