Factbox-World’s biggest lithium producers

By Carman Chew SINGAPORE (Reuters) – Chilean President Gabriel Boric said on Thursday he would nationalise the country’s lithium industry and create a state-owned company to produce the metal that is a key component of electric vehicle batteries. Boric said future lithium contracts would only be issued as public-private partnerships with state control. Chile holds…

Read More

Extradition near for Peru ex-president, nation’s third jailed leader

By Marco Aquino and Brendan O’Brien LIMA/WASHINGTON (Reuters) -Former Peruvian President Alejandro Toledo surrendered to U.S. authorities on Friday, a U.S. Marshals Service official told Reuters, a day after his last-ditch bid to block his extradition to Peru over corruption charges was denied. The former leader’s lawyer expressed dismay at the turn of events later…

Read More

Chile bid to boost state control over lithium spooks investors

By Alexander Villegas and Ernest Scheyder SANTIAGO (Reuters) -Chile has moved to boost state control over its lithium industry as it seeks to diversify from mining into batteries and other areas, spooking investors in the country’s dominant miners of the white metal, SQM and Albemarle Corp. Chile’s progressive President Gabriel Boric late on Thursday announced…

Read More

Canada, Volkswagen to invest more than C$20 billion in EV battery gigafactory

By Steve Scherer and Victoria Waldersee OTTAWA (Reuters) -Canada and Volkswagen on Friday together committed more than C$20 billion ($14.8 billion) for a battery gigafactory in St. Thomas, Ontario, the biggest single investment ever in the country’s electric-vehicle supply chain. Europe’s largest carmaker is investing up to C$7 billion to build the plant, Volkswagen said…

Read More
Canada, Volkswagen To Invest More Than C$20 Billion In EV Battery Gigafactory

Canada, Volkswagen To Invest More Than C$20 Billion In EV Battery Gigafactory

By Steve Scherer and Victoria Waldersee OTTAWA (Reuters) -Canada and Volkswagen on Friday together committed more than C$20 billion ($14.8 billion) for a battery gigafactory in St. Thomas, Ontario, the biggest single investment ever in the country’s electric-vehicle supply chain. Europe’s largest carmaker is investing up to C$7 billion to build the plant, Volkswagen said…

Read More

U.S. military prepares options for possible Sudan evacuation

By Daphne Psaledakis and Phil Stewart WASHINGTON (Reuters) – The U.S. military is preparing options to evacuate the U.S. Embassy in Sudan, Defense Secretary Lloyd Austin said on Friday as the Biden administration weighed whether to pull personnel out of the country’s increasingly unstable capital. “We’ve deployed some forces into theater to ensure that we…

Read More