Albemarle Corp. Withdraws Offer to Buy Liontown Resources – Implications for Global Lithium Market

Albemarle Corp. Withdraws Offer to Buy Liontown Resources – Implications for Global Lithium Market

The American company Albemarle Corp., a world leader in the mining of lithium, withdrew its offer for a deal to buy the Australian mining company Liontown Resources, which was for 4.2 billion dollars. Albemarle’s decision was influenced by the fact that the richest Australian – Gina Rinehart, through her company Hancock Prospecting, increased her stake … Read more

Iran’s Lithium Discovery: The Second Largest in the World and Its Geopolitical Impact

Iran’s Lithium Discovery: The Second Largest in the World and Its Geopolitical Impact

Iran’s lithium discovery is estimated to be the second largest in the world. Photo/Mining Technology/Shutterstock JAKARTA – Iran’s lithium, which was recently discovered in large quantities, has stolen the world’s attention. How come, lithium it has now been dubbed the “new oil” which plays an important role in the production and sustainability of electric vehicles. … Read more

The Potential for Decreasing Car Prices Due to Drop in Raw Material Costs

The Potential for Decreasing Car Prices Due to Drop in Raw Material Costs

New cars may finally stop getting more expensive and, in theory, prices could even drop, thanks to a drop in the prices of raw materials for their production. This can already be seen with some brands, such as Tesla. However, other pressures still remain, such as employee demands for higher wages. Compared to the recent, … Read more

The Challenges and Implications of the Euro 7 Standard for the European Automotive Industry

The Challenges and Implications of the Euro 7 Standard for the European Automotive Industry

Some countries are pushing back against the Euro 7 standard, which aims to tighten ecological limits for electric cars. The standard, set to take effect in 2025, has raised concerns among European automakers due to its strict requirements. One of the main issues with the Euro 7 standard is the timing. With implementing decrees not … Read more

“Quantum Motors and Bolivian Government Launch Revolutionary ‘Doctor in Your Home’ Program”

“Quantum Motors and Bolivian Government Launch Revolutionary ‘Doctor in Your Home’ Program”

Carlos Ortuno treats Juana Velasco flanked by a Quantum electric car and an ambulance made in Bolivia, in La Paz, Bolivia, Wednesday, May 3, 2023. The “Doctor in your home” program was launched last month by the municipal government of La Paz, Bolivia, using a fleet of six EVs that produced by Quantum Motors, the … Read more