#BRES Blencowe Resources PLC – Annual Financial Report
Blencowe Resources Plc, the natural resources company focused on the development of the Orom-Cross Graphite Project in Uganda, is pleased to announce its audited financial results for the year ended 30 September 2023 (the “Annual Report”) and it’s notice of Annual General Meeting (“Notice of AGM”). The Annual Report which includes an unqualified audit report […]
India looks to lead electric vehicle race with latest push in budget
The finance minister announced tax rebates of up to ₹1.5 lakh on interest paid on loans to buy EVs India, though, like China or countries in the EU, has not set a target for automakers to convert a certain part of their total vehicle production to electric or other electrified offerings New Delhi: With a host of […]
Cadence Minerals Plc (KDNC) Acquisition of Lithium Assets in Australia
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY; “Cadence”) is pleased to announce that it has agreed to acquire three highly prospective assets in Australia that are in regions with proven high-grade lithium mineralisation. The mechanism to facilitate this acquisition is via varying binding investment agreements in place with Lithium Technologies Pty Ltd (“LT”) and Lithium Supplies […]
New lithium hydroxide factory in Western Australia wins federal approval – Via the Guardian
Plant set to boost local jobs and supply growing global demand for lithium, which is used in renewable energy storage Earthworks for a new lithium hydroxide factory in Western Australia are expected to begin this month after the $1bn project received federal environmental approval. The plant owned by the world’s largest lithium producer, the US chemical company […]
British Airways Introduces Electric Cab Service at Heathrow – Via Breaking Travel News
British Airways has introduced a brand-new electric cab service at its Heathrow home, giving customers the opportunity to experience travelling in a legendary London taxi without leaving the airport. The London Electric Vehicle Company taxi features Wi-Fi, phone, laptop and USB charging and a panoramic roof – great for plane spotting. In addition, customers can […]
VW and Ford forge partnership to spur low-carbon transport transition via edie.net
The rapid emergence of electric vehicles (EVs) and related autonomous driving technologies and mobility services is disrupting the global auto industry in ways that would have been unthinkable just five years ago. Carmakers Ford and Volkswagen (VW) have forged a new low-carbon road transport partnership, which will see them work together to develop electric vehicles […]
Forbes: Volkswagen to Invest $800 Million To Build Electric SUVs In Tennessee
Volkswagen has been talking up plans to shake up the global electric vehicle market for a while, and it’s now starting to make good on that ambition with an $800 million (700 million euro) project to build battery-powered crossovers in Tennessee. The German auto giant said at the North American International Auto Show in Detroit […]
Volkswagen to spend $50 billion on electric car ‘offensive’ – via Mining.com – Cadence Minerals (KDNC)
German automaker Volkswagen said Friday it will spend tens of billions of dollars refocusing the company on the making of electric cars, autonomous vehicles and new mobility services. The Wolfsburg-based manufacturer, which plans to have some of the new offering in the market by 2023, said the 44-billion euro ($50 billion) investment in what CEO Herbert Diess describes […]
Lithium Market `Problematic’ on Project Delays, Livent CEO Says – Bloomberg
Bloomberg Business – By Laura Millan Lombrana and Susanne Barton Lithium Market `Problematic’ on Project Delays, Livent CEO Says The lithium industry’s struggle to match booming demand for the rechargeable-battery ingredient is “problematic” and will further tighten the market, according to the only lithium pure-play trading in New York. “It’s almost impossible for me to see a meaningful decrease” […]
Oil price rally boosts electric car sales – Via Oilprice.com
Article by OilPrice.com Tesla’s competition is about to get more crowded next year with many legacy automakers and luxury brands launching a record number of battery electric vehicles and plug-in hybrids. All EV makers will have one common element that could help lift demand for battery vehicles—rising oil prices leading to fuel prices at four-year […]