Wednesday, 5 February 2025

Focus on Storage

FILE PHOTO: Technicians from the Orocobre mining company work on an evaporation pond test in the salt flat at Olaroz, 4,000 meters (13,123 feet) above sea level and north of the Argentine province of San Salvador de Jujuy August 7, 2010.  Orocobre's assets are now part of Arcadium Lithium, which global miner Rio Tinto wants to buy.  Picture taken on August 7, 2010. REUTERS/Enrique Marcarian/File Photo
AnalysisBusinessCritical MineralsElectric Vehicles (EVs)IndustryManufacturingMiningSolarStorageTrade

Arcadium deal could power Rio Tinto’s entry into lithium supplier big league

Rio Tinto eyes Arcadium Lithium acquisition to become the third-largest lithium producer amid growing EV demand and competition.

FILE PHOTO: A view of a lithium mine in Yichun, Jiangxi province, China March 30, 2023. REUTERS/Staff/File Photo
AnalysisBusinessCritical MineralsEconomyElectric Vehicles (EVs)IndustryLegislationManufacturingMiningNewsPoliticsRegulationsSolarStorageTrade

China is oversupplying lithium to eliminate rivals, US official says

Chinese lithium overproduction causes an 80 per cent price drop, impacting global competition and hindering supply chain diversification.

FILE PHOTO: Employees work at the Northvolt facility in Vasteras, Sweden, September 29, 2021.. REUTERS/Helena Soderpalm/File Photo
BusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsStorage

Northvolt subsidiary Ett Expansion AB files for bankruptcy

Northvolt's subsidiary files for bankruptcy as a project is canceled, while the group focuses on scaling battery production.

FILE PHOTO: A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023. REUTERS/Tom Little//File Photo
BusinessElectricityFuelIndustryInfrastructureNatural GasNewsOilSolarStorageWind

Equinor buys 9.8% stake in wind developer Ørsted

The investment makes Equinor the second largest shareholder in Ørsted after the Danish government.

AnalysisCarbon ManagementEconomyElectric Vehicles (EVs)ElectricityNuclear PowerSolarStorageWind

China leads the net zero transition – here’s what we can learn from its progress in Beijing and Hong Kong

China leads the global clean energy race, outspending the US and Europe tenfold and dominating solar, wind, and battery production.

FILE PHOTO: Rio Tinto logo is seen displayed in this illustration taken April 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)MiningNewsSolarStorage

Rio Tinto in talks to buy lithium miner Arcadium, sources say

Rio Tinto eyes $4-6 billion Arcadium takeover to secure lithium, positioning as the third-largest EV battery metal producer.

FILE PHOTO: India's Commerce Minister Piyush Goyal takes part at the panel discussion "Trade: Now what?" during the World Economic Forum 2022 (WEF) in the Alpine resort of Davos, Switzerland May 25, 2022. REUTERS/Arnd Wiegmann/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)ElectricityManufacturingMiningNewsPoliticsRegulationsStorageTrade

India, US to cooperate on critical battery minerals, trade minister says

Indian Trade Minister Piyush Goyal announces supply chain cooperation agreement with the U.S. for critical minerals in EVs.

Nearly two-thirds of the world's new solar and wind power capacity in 2023 was installed in China, which added a total of 1.84 million renewable energy jobs, a report finds. (AFP)
BusinessEconomyElectricityIndustryLabourNewsPoliticsSolarStorageWind

China drives record growth in renewable energy jobs: report

Renewable energy jobs hit 16.2 million in 2023, led by China’s 1.84M jobs, as global employment in the sector rose 18 per cent,...

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