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Chemicals & Energy: Page 55
Panasonic Executive Says the Company Needs More Battery Plants
Panasonic “will need to build" about four more factories to achieve a sharp boost in its battery capacity, according to CTO Shoichiro Watanabe.
China Jumps Ahead in the Rush to Secure Lithium From Africa
The U.S. is also examining options for raw materials supply from Africa, but so far has only a few tentative plans, including preliminary cooperation agreements with the DRC and Zambia.
China Curbs Exports of Key Computer Chip Materials
The announcement comes just days before a high-stakes trip to Beijing by U.S. Treasury Secretary Janet Yellen.
Element 25 Agrees to Supply GM with Manganese Sulfate
GM will loan E25 $85 million to partially fund the construction of a new battery-grade manganese sulfate processing facility located in Louisiana.
European Gasoline Shipments to U.S. Ease Just as Stockpiles Shrink
European gasoline and blending component cargoes to the U.S. are poised to drop to a three-month low in June, with volumes likely to be about 350,000 barrels a day.
France’s Imerys and British Lithium Team Up on U.K. Mine
The U.K.’s Critical Minerals Association said U.K. miners “rarely receive interest or funding from private finance, and government funds don’t provide enough financing to truly aid projects.”
U.K. Considers Nationalization of Thames Water as Crisis Escalates
Thames’ bonds tumbled on June 28, just one day after CEO Sarah Bentley suddenly stepped down from her position amid concerns over the firm's financial stability.
Sen. Tillis Co-Introduces Legislation to Limit the Department of Energy's Power
Under the proposed law, all U.S. distribution transformers would be required to shift from industry-standard grain-oriented electrical steel cores to amorphous steel cores.
Hydrogen Production Project Awarded €20M Grant by European Commission
The HOPE project aims to develop, build and operate the first 10 MW hydrogen production unit off the coast of Belgium by 2026.
China's CATL in Talks to Build EV Battery Recycling Sites in Europe
The company is also seeking partners to set up recycling sites in North America, said chief manufacturing officer Ni Jun June 28.
European Gas Advances as Market Focuses on Outages, Hot July
"Temperatures above the norm across Europe could potentially increase energy demand for cooling purposes,” said Energi Danmark in a note.
U.S.-U.K. Minerals Agreement May Boost U.K. Exports, S&P Says
Lithium carbonates and hydroxides lead the U.K.’s exports of the five minerals, but face considerable competitive challenges.
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