POSCO | Jotup

POSCO and Hazer Collaborate on Clean Hydrogen Production Technology for Low Carbon Steel

Retrieved on:

fredag, maj 31, 2024

Carbon, ASX, Transport, Graphite, POSCO, Memorandum of understanding, Housing, Blast furnace, Steel, MOU, Lead, Hydrogen, Coal

Hazer and POSCO to develop a project pathway for the integration of Hazer’s hydrogen and graphite production technology into POSCO’s steel manufacturing process.

Key Points:

Hazer and POSCO to develop a project pathway for the integration of Hazer’s hydrogen and graphite production technology into POSCO’s steel manufacturing process.
PERTH, Australia , May 30, 2024 (GLOBE NEWSWIRE) -- Hazer Group Ltd ("Hazer" or "the Company") (ASX: HZR) is pleased to advise it has signed a non-binding Memorandum of Understanding (“MOU”) with POSCO Steel (“POSCO”) to prepare a project pathway for the integration of Hazer’s technology into POSCO’s low carbon steel.
With POSCO Holdings in the lead, POSCO Group is seeking balanced growth across seven core businesses: steel, rechargeable battery materials, lithium/nickel, hydrogen, energy, construction/infrastructure and agri-bio.
Under the MOU, POSCO and Hazer will collaborate to develop a plan to integrate Hazer’s hydrogen production technology into POSCO’s low-carbon steel production.

Korean Semiconductor Industry Titans Back DEEPX in Series C Funding Round

Retrieved on:

fredag, maj 10, 2024

AJU, AI, LLM, Robotics, Artificial intelligence, Growth, Communication, Silicon, VSD, Samsung Electronics, KRW, POSCO, EE Times, Investment

SEOUL, South Korea, May 9, 2024 /PRNewswire/ -- DEEPX , a prominent AI semiconductor technology startup under the leadership of CEO Lokwon Kim, is delighted to announce the successful conclusion of its Series C funding round, amassing $80.5M (KRW 110B).

Key Points:

SEOUL, South Korea, May 9, 2024 /PRNewswire/ -- DEEPX , a prominent AI semiconductor technology startup under the leadership of CEO Lokwon Kim, is delighted to announce the successful conclusion of its Series C funding round, amassing $80.5M (KRW 110B).
The round was spearheaded by SkyLake Equity Partners with participation from BNW Investments and AJU IB, alongside existing stakeholder TimeFolio Asset Management.
CEO Lokwon Kim expressed his admiration for Mr. Chin, stating, "Mr. DaeJe Chin, who elevated the Korean semiconductor industry to global prominence, is the ideal person to validate DEEPX's achievements.
DEEPX specializes in original on-device AI semiconductor and computing solutions across multiple sectors, including physical security, robotics, smart mobility, and artificial intelligence.

Australian green hydrogen electrolyser manufacturer, Hysata raises $111m USD led by bp Ventures and Templewater

Retrieved on:

onsdag, maj 8, 2024

Hydrogen, USD, BP, International Renewable Energy Agency, Shinhan Financial Group, IP Group, Clean Energy Finance Corporation, Water, Carbon, Engineering, Science, Steel, AREH, IDO, POSCO, Partner, International Energy Agency, Renewable energy

"This funding round, backed by a world class syndicate of investors, demonstrates the game changing impact Hysata is having on the green hydrogen landscape.

Key Points:

"This funding round, backed by a world class syndicate of investors, demonstrates the game changing impact Hysata is having on the green hydrogen landscape.
"I am thrilled to have bp Ventures, Templewater and other new investors join ranks with our incredible existing shareholder base.
[2]
Gareth Burns, Vice President of bp Ventures, added: "We know that green hydrogen can play a big role in decarbonisation.
Alfred Wong, Partner of Templewater, said: "We are thrilled at Templewater to be driving the green revolution, jointly leading this impactful investment in Hysata.

Mining Sector Prepares Ahead of 1,500% Surge in Lithium Demand by 2050

Retrieved on:

tisdag, maj 7, 2024

VANCOUVER, BC, May 7, 2024 /PRNewswire/ -- USA News Group – Even though prices are currently down from where they were in 2022, experts still see the monumental importance of lithium in the years and decades ahead. According to a recent post, the UN Trade & Development (UNCTAD) projects based on data from the International Energy Agency (IEA) that by 2050, lithium demand could rise by over 1,500%. UCTAD also believes that to achieve the global 2030 net-zero emission targets, the lithium mining industry will need 70 new mines. Seeking to provide the critical minerals necessary for the green electric revolution, lithium miners continue to develop several promising new projects, including Lithium South Development Corporation (TSXV:LIS) (OTC:LISMF), Lithium Americas (Argentina) Corp. (NYSE:LAAC), Atlas Lithium Corporation (NASDAQ:ATLX), Standard Lithium Ltd. (NYSE-American: SLI) (TSXV: SLI), and Rio Tinto Group (NYSE:RIO).

Key Points:

According to a recent post , the UN Trade & Development (UNCTAD) projects based on data from the International Energy Agency (IEA) that by 2050, lithium demand could rise by over 1,500%.
UCTAD also believes that to achieve the global 2030 net-zero emission targets, the lithium mining industry will need 70 new mines.
The purified, concentrated lithium solution will subsequently be converted into technical-grade lithium carbonate.
"The hard work of our Rincon team is laying the groundwork for our first lithium production by year's end," said Stausholm.

Mining Sector Prepares Ahead of 1,500% Surge in Lithium Demand by 2050

Retrieved on:

tisdag, maj 7, 2024

VANCOUVER, BC, May 7, 2024 /PRNewswire/ -- USA News Group – Even though prices are currently down from where they were in 2022, experts still see the monumental importance of lithium in the years and decades ahead. According to a recent post, the UN Trade & Development (UNCTAD) projects based on data from the International Energy Agency (IEA) that by 2050, lithium demand could rise by over 1,500%. UCTAD also believes that to achieve the global 2030 net-zero emission targets, the lithium mining industry will need 70 new mines. Seeking to provide the critical minerals necessary for the green electric revolution, lithium miners continue to develop several promising new projects, including Lithium South Development Corporation (TSXV:LIS) (OTC:LISMF), Lithium Americas (Argentina) Corp. (NYSE:LAAC), Atlas Lithium Corporation (NASDAQ:ATLX), Standard Lithium Ltd. (NYSE-American: SLI) (TSXV: SLI), and Rio Tinto Group (NYSE:RIO).

Key Points:

According to a recent post , the UN Trade & Development (UNCTAD) projects based on data from the International Energy Agency (IEA) that by 2050, lithium demand could rise by over 1,500%.
UCTAD also believes that to achieve the global 2030 net-zero emission targets, the lithium mining industry will need 70 new mines.
The purified, concentrated lithium solution will subsequently be converted into technical-grade lithium carbonate.
"The hard work of our Rincon team is laying the groundwork for our first lithium production by year's end," said Stausholm.

Lithium Miners Strategize for Long-Term Gains as Market Recovers

Retrieved on:

fredag, maj 3, 2024

VANCOUVER, BC, May 3, 2024 /PRNewswire/ -- USA News Group – Despite what appears to be a supply glut currently in the global lithium market, already there are signs of a lithium rebound on the horizon. According to Statista, global lithium demand is projected to grow through next year, while Fastmarkets predicts lithium supply will increase 30% in 2024. Fastmarkets also expects that by 2030, US lithium demand alone will grow by nearly 500%. Looking ahead, lithium miners continue to move their chess pieces onto the board with anticipation of long-term rewards, including the work of Lithium South Development Corporation (TSXV:LIS) (OTC:LISMF), Sociedad Química y Minera de Chile S.A. (SQM) (NYSE:SQM), Piedmont Lithium Inc. (NASDAQ:PLL), Lithium Americas Corp. (NYSE:LAC) (TSX:LAC), and Rio Tinto Group (NYSE:RIO).

Key Points:

According to Statista, global lithium demand is projected to grow through next year, while Fastmarkets predicts lithium supply will increase 30% in 2024.
The concentrated lithium solution will then be processed into lithium carbonate technical grade.
"However, the excess in lithium and battery materials capacity seen during last year is expected to continue during this year, keeping pressure on lithium market prices.
If brought to completion, the project could supply 90% of Europe's current lithium needs, and make Rio Tinto a leading lithium producer.

Lithium Miners Strategize for Long-Term Gains as Market Recovers

Retrieved on:

fredag, maj 3, 2024

VANCOUVER, BC, May 3, 2024 /PRNewswire/ -- USA News Group – Despite what appears to be a supply glut currently in the global lithium market, already there are signs of a lithium rebound on the horizon. According to Statista, global lithium demand is projected to grow through next year, while Fastmarkets predicts lithium supply will increase 30% in 2024. Fastmarkets also expects that by 2030, US lithium demand alone will grow by nearly 500%. Looking ahead, lithium miners continue to move their chess pieces onto the board with anticipation of long-term rewards, including the work of Lithium South Development Corporation (TSXV:LIS) (OTC:LISMF), Sociedad Química y Minera de Chile S.A. (SQM) (NYSE:SQM), Piedmont Lithium Inc. (NASDAQ:PLL), Lithium Americas Corp. (NYSE:LAC) (TSX:LAC), and Rio Tinto Group (NYSE:RIO).

Key Points:

According to Statista, global lithium demand is projected to grow through next year, while Fastmarkets predicts lithium supply will increase 30% in 2024.
The concentrated lithium solution will then be processed into lithium carbonate technical grade.
"However, the excess in lithium and battery materials capacity seen during last year is expected to continue during this year, keeping pressure on lithium market prices.
If brought to completion, the project could supply 90% of Europe's current lithium needs, and make Rio Tinto a leading lithium producer.

South American Lithium Projects Set to Flourish in Battery Metal's Projected 2024 Rebound Year

Retrieved on:

tisdag, april 30, 2024

VANCOUVER, BC, April 30, 2024 /PRNewswire/ -- Coming off a major market correction in 2023 down from 2-2022's record highs, the lithium market is primed for a rebound in 2024. Analysts at MorningStar using data shared from Platts, LME, Benchmarked Minerals, Fastmarkets, and MorningStar itself are forecasting lithium prices to stabilize and rise in 2024, and to nearly double from $17,000 to $30,000 per metric ton from 2023 to 2030. As the Electric Vehicle (EV) market moves towards a projected $1.66 trillion by 2030, lithium demand is expected to triple from 2022 levels over that time. Today with more than 65% of the world's lithium reserves, it's in Latin America where some of the most promising new projects are still under development, including from Lithium South Development Corporation (TSXV: LIS) (OTCQB: LISMF), POSCO Holdings Inc. (NYSE: PKX), American Lithium Corp. (NASDAQ: AMLI) (TSXV: LI), Sigma Lithium Corporation (NASDAQ: SGML) (TSXV: SGML), and Atlas Lithium Corporation (NASDAQ: ATLX).

Key Points:

As an integral part of the prolific Lithium Triangle, Argentina is on pace to become a Top 3 Lithium Producer status by 2027.
43-101 lithium resource, Lithium South has just completed a Preliminary Economic Assessment (PEA).
The area may offer the ability for Lithium South to substantially increase the overall potential size of the HMN Li Project.
Outside of the Lithium Triangle are still other promising projects in Latin America, including the Falchani lithium project in Peru developed by American Lithium Corp. (NASDAQ: AMLI) (TSXV: LI).

South American Lithium Projects Set to Flourish in Battery Metal's Projected 2024 Rebound Year

Retrieved on:

tisdag, april 30, 2024

VANCOUVER, BC, April 30, 2024 /PRNewswire/ -- Coming off a major market correction in 2023 down from 2-2022's record highs, the lithium market is primed for a rebound in 2024. Analysts at MorningStar using data shared from Platts, LME, Benchmarked Minerals, Fastmarkets, and MorningStar itself are forecasting lithium prices to stabilize and rise in 2024, and to nearly double from $17,000 to $30,000 per metric ton from 2023 to 2030. As the Electric Vehicle (EV) market moves towards a projected $1.66 trillion by 2030, lithium demand is expected to triple from 2022 levels over that time. Today with more than 65% of the world's lithium reserves, it's in Latin America where some of the most promising new projects are still under development, including from Lithium South Development Corporation (TSXV: LIS) (OTCQB: LISMF), POSCO Holdings Inc. (NYSE: PKX), American Lithium Corp. (NASDAQ: AMLI) (TSXV: LI), Sigma Lithium Corporation (NASDAQ: SGML) (TSXV: SGML), and Atlas Lithium Corporation (NASDAQ: ATLX).

Key Points:

As an integral part of the prolific Lithium Triangle, Argentina is on pace to become a Top 3 Lithium Producer status by 2027.
43-101 lithium resource, Lithium South has just completed a Preliminary Economic Assessment (PEA).
The area may offer the ability for Lithium South to substantially increase the overall potential size of the HMN Li Project.
Outside of the Lithium Triangle are still other promising projects in Latin America, including the Falchani lithium project in Peru developed by American Lithium Corp. (NASDAQ: AMLI) (TSXV: LI).

Benefits gained via regional coordination

Retrieved on:

måndag, april 29, 2024

Education, HBIS, Hospital, Housing, School, China Daily, Communist party, Research, Coal, Transport, University, Carbon, Science, Robotics, Multimedia, POSCO, Ironworks

Currently, Hebei's Xiong'an New Area is at a key stage of realizing large-scale construction and undertaking the relocation of noncapital functions from Beijing.

Key Points:

Currently, Hebei's Xiong'an New Area is at a key stage of realizing large-scale construction and undertaking the relocation of noncapital functions from Beijing.
Several companies chose to base its research and development activities in Beijing and production in Hebei and Tianjin.
It integrates the R&D of new coal preparation processes and equipment, engineering design and contracting, and coal preparation equipment manufacturing.
It also founded a clean coal technology company in the Tangshan Hi-tech Industrial Development Zone that year.