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Search Results Found For: "vulcan"

Vulcan to use new lithium extraction sorbent at brine resource in Germany

Vulcan Energy Resources has successfully developed, tested and demonstrated its in-house lithium extraction sorbent, VULSORB, for use in lithium extraction from the Upper Rhine Valley Brine Field in Germany. VULSORB is a variation of the type of lithium extraction sorbents developed thirty years ago, but the company says its process is faster and more efficient… Read more »

Stellantis expands relationship with lithium producer Vulcan Energy

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. Vulcan will apply some of the new funding to a planned expansion of production at its Upper Rhine Valley Brine Field. Vulcan is already producing geothermal energy at the… Read more »

Stellantis signs lithium supply agreement with Vulcan Energy

The Stellantis Group has signed a binding agreement with lithium producer Vulcan Energy to supply battery-grade lithium hydroxide in Europe for the automaker’s electrified vehicles. Vulcan will supply Stellantis with between 81,000 and 99,000 metric tons of lithium hydroxide over the five-year term of the agreement. Shipments are to begin in 2026. The Vulcan supply… Read more »

LG Energy Solution partners with three Canadian cobalt and lithium suppliers

LG Energy Solution has signed separate partnership agreements with three mineral suppliers in Canada. LGES will purchase cobalt from Electra Battery Materials, and lithium from Snow Lake Resources and Avalon Advanced Materials. LGES signed a binding term sheet with Electra, which will supply 7,000 tons of cobalt sulfate for three years starting in 2023. Electra… Read more »

Renault and Managem Group partner on cobalt sulfate supply

Renault and Moroccan mining company Managem Group have signed a memorandum of understanding (MoU) for the sustainable supply of battery materials. According to Renault, “In 2019, the responsible production of cobalt by Managem Group was confirmed by certification according to the standards of the Responsible Minerals Initiative (RMI), as well as by evaluations by NQC… Read more »

Stellantis to display several new EVs at CES in January

Stellantis, which manufactures cars under no less than 14 separate brands, will be showing off several new plug-in models at CES 2022 in Las Vegas, on January 5-8. “Electrification, with our 30 electrified models available including fuel cell vans, connectivity and autonomy are all important facets of [the] future, but each cannot stand alone,” said… Read more »

Volkswagen Group announces three major new battery initiatives

Automakers that are serious about producing EVs understand that they need to build new supply chains, including major battery manufacturing capacity and secure sources of raw materials. The Volkswagen Group has been steadily turning up the voltage, raising its planned investment in EV and self-driving technologies to 73 billion euros ($86 billion) over the next… Read more »

German firms plan to exploit massive lithium deposits beneath the Rhine

Geologists have estimated that an area in the Upper Rhine Valley, in the Black Forest area of southwestern Germany, holds enough lithium for more than 400 million electric cars, making it one of the world’s biggest deposits. The trove could reduce the reliance of the German car industry on imported lithium. The European Commission estimates… Read more »

Columbus, Ohio wins $50 million in grants under the DOT Smart City Challenge

The city of Columbus, Ohio has won the Smart City Challenge, a competition organized by the DOT to encourage cities to develop plans for a 21st-century intelligent transportation system. 78 cities submitted applications for the award, which will provide up to $40 million from the DOT and an additional $10 million from Paul Allen’s Vulcan… Read more »