LONDON (Reuters) – Automakers are rushing to lock in graphite supply from outside dominant producer China as mined graphite demand for electric vehicle (EV) batteries outpaces other uses. Below are details of some Western companies producing, or planning to produce graphite, and their deals with auto makers and battery producers. NEXTSOURCE MATERIALS INC Launched its…
By Eric Onstad LONDON (Reuters) – Automakers, including Tesla and Mercedes, are rushing to lock in graphite supply from outside dominant producer China, as demand for electric vehicle (EV) batteries outpaces other uses for the mineral for the first time due to soaring EV sales. Auto firms have been slow to plan for graphite shortages,…
By Lewis Jackson SYDNEY (Reuters) -Australia’s most populous state will be ready for 100% renewable energy within a decade under a A$16.5 billion ($11.20 billion) infrastructure investment plan announced by a major grid operator on Wednesday. Transgrid, privatised in 2015, will invest in batteries and other energy storage, as well as 2,500 kilometers (1,553.4 miles)…
By Hyunjoo Jin and Shivangi Acharya SAN FRANCISCO/NEW DELHI (Reuters) -Tesla chief executive Elon Musk said India’s Prime Minister Narendra Modi was pushing the car maker to make a “significant investment” in the country, adding that such an announcement was expected soon. His comments came after a meeting with Modi on Tuesday during the Indian…
TAIPEI (Reuters) -A Chinese aircraft carrier group led by the vessel Shandong sailed through the sensitive Taiwan Strait on Wednesday, Taiwan’s defence ministry said, amid heightened military tension over the island Beijing claims as its own territory. The ministry said the Shandong, commissioned in 2019, had sailed in a southerly direction through the western part…
By Joseph Ax and Brendan O’Brien (Reuters) – Canadian aircraft detected underwater noises in the North Atlantic in the search for a tourist submersible that vanished while on a voyage to the wreck of the Titanic , the U.S. Coast Guard said. The discovery on Tuesday led search teams to relocate their underwater robotic search…
(Reuters) – A Canadian aircraft detected underwater noises in the search area for a missing tourist submersible that vanished while taking passengers on a voyage to the wreck of the Titanic in deep waters off Canada’s coast, the U.S. Coast guard said. Remotely operated vehicles (ROVs) were relocated to explore the origin of the noises…
MEXICO CITY (Reuters) – A previously unknown ancient Maya city has been discovered in the jungles of southern Mexico, the country’s anthropology institute said on Tuesday, adding it was likely an important center more than a thousand years ago. The city includes large pyramid-like buildings, stone columns, three plazas with “imposing buildings” and other structures…
By Hyunjoo Jin and Shivangi Acharya (Reuters) -Tesla chief executive Elon Musk said India’s Prime Minister Narendra Modi was pushing the car maker to make a “significant investment” in the country, adding that such an announcement was expected soon, according to Reuters partner ANI. His comments followed a meeting with Modi on Tuesday during the…
A look at the day ahead in European and global markets from Tom Westbrook British inflation figures this morning could take traders’ minds off England’s cricket defeat, should they show the slowdown that economists are hoping for. Reuters’ poll shows expectations that headline month-on-month CPI eases to 0.5% in May from 1.2% a month earlier,…
