After decades of stagnation, the Tar Heel State is the beneficiary of a lithium rush fueled by demand for car batteries.
Category: Lithium (Metal)
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Exxon Mobil Plans to Produce Lithium in Arkansas
The move is the oil giant’s first foray in the production of a metal vital for electric vehicle batteries.
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In the World’s Driest Desert, Ancient Wisdom Blooms Eternal
Burned out from life in New York, a photographer traveled to northern Chile to study the ancient wisdom of the Lickanantay, the area’s Indigenous people. Here’s what she saw.
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Lithium Scarcity Pushes Carmakers Into the Mining Business
Ford, General Motors and others are striking deals with mining companies to avoid raw material shortages that could thwart their electric vehicle ambitions.
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Europe Frets U.S. Battery Factory Subsidies Will Hurt, Not Help
The European Union is trying to assemble the building blocks to produce electric cars, but subsidies are luring companies to the United States.
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Australia Tries to Break Its Dependence on China for Lithium Mining
Half of the world’s supply of the critical battery ingredient is mined in Australia, which ships virtually all of it to China. The government and business are betting they can change that.
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The U.S. Needs Minerals for Electric Cars. Everyone Else Wants Them Too.
The United States is entering an array of agreements to secure the critical minerals necessary for the energy transition, but it’s not clear which of the arrangements can succeed.
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New Rules Will Make Many Electric Cars Ineligible for Tax Credits
The New York Times – Business:The Biden administration hopes its guidelines for up to $7,500 in tax credits will encourage automakers to reduce their reliance on China for batteries and raw materials.
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LG Will Spend $5.5 Billion on a Battery Factory in Arizona
The New York Times – Business:Investment plans for U.S. battery production have increased since President Biden signed a law that offers generous incentives for electric cars and green energy.
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Falling Lithium Prices Are Making Electric Cars More Affordable
The New York Times – Business:An unexpected decline in the price of an essential battery material, along with those of other commodities, is good news for buyers. But experts disagree on how long low prices will last.
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Tesla Could Start Making Cars in Mexico Next Year, Governor Says
The New York Times – Business:The governor of Nuevo León said a Tesla official had told him that the company’s plant there would be among its biggest and go up in record time.
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Ford Will Build a U.S. Battery Factory With Technology From China
The New York Times – Business:Ford’s $3.5 billion plant in Michigan will draw on technology from CATL, a Chinese company that is the world’s No. 1 maker of electric-car batteries.