Ford Motor Company

Pair of Rejected Bids Show Mining Giants Can't Easily Acquire Critical Battery Metals Assets

Retrieved on: 
Friday, April 26, 2024
Lithium, Project, DLE, PEA, Albemarle Corporation, Metal, Scotiabank, News, OTC, Rio Tinto (corporation), TSX, Cobalt, ALB, Rio Tinto, Teck Resources, Feasibility study, Bank, Acquisition, ESG, Salar, POSCO, Mining, Ford Motor Company, Galaxy Resources, Person, Government, Nickel

VANCOUVER, BC, April 26, 2024 /PRNewswire/ -- USA News Group – Already in 2023 there have been two multibillion-dollar takeover bids rejected that would've involved critical battery metals assets. The first to go down was Liontown Resources turning down a US$3.6 billion offer from Albemarle Corporation (NYSE:ALB), followed by Teck Resources Limited (NYSE:TECK) (TSX:TECK-A) (TSX:TECK-B) rejecting a US$23.2 billion merger proposal from Glencore plc (OTC:GLNCY). Meanwhile, mining giant Rio Tinto Group (NYSE:RIO) is rumored to be on the prowl for more lithium assets after already buying a lithium mine for $825 million in Argentina, in the same province (Salta) as Lithium South Development Corporation's (TSXV:LIS) (OTC:LISMF) Hombre Muerto North Lithium project (HMN Li Project).

Key Points: 
  • VANCOUVER, BC, April 26, 2024 /PRNewswire/ -- USA News Group – Already in 2023 there have been two multibillion-dollar takeover bids rejected that would've involved critical battery metals assets.
  • Throughout this 2023 resource program to date, Lithium South has received excellent lithium values from all holes completed to date.
  • I think it would, personally, be a pity if we lost another of our major international players in the mining industry."
  • Late in 2022, Glencore had expressed its intent to add lithium to the suite of metals that it trades, citing the raw material's hot demand.

Critical EV battery investment helps secure Canada's auto future

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Thursday, April 25, 2024
EVS, Policy, Road, Workplace, History, Federation, EV, Volkswagen, Private sector, Ford Motor Company, Government, Social justice

TORONTO, April 25, 2024 /CNW/ - Critical multi-government investment for new Honda Canada electric vehicle, battery and battery material facilities will further bolster Canada's auto sector and help secure and grow jobs across the value chain.

Key Points: 
  • TORONTO, April 25, 2024 /CNW/ - Critical multi-government investment for new Honda Canada electric vehicle, battery and battery material facilities will further bolster Canada's auto sector and help secure and grow jobs across the value chain.
  • Today's announcement by Honda marks the single, largest investment in Canada's auto sector, following a string of other record-breaking announcements since 2020, when Unifor negotiated the first major EV investment in history at Ford Motor Company.
  • "As exciting as it is to build the auto sector of the future, we can't lose sight of the instability this transition brings to autoworkers.
  • "What governments are doing to secure the future of this industry is working, and a welcome change from past governments who oversaw the auto industry's decline."

Honda to build Canada's first comprehensive electric vehicle supply chain, creating thousands of new jobs in Ontario

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Thursday, April 25, 2024
Asahi Kasei, Ecosystem, EVS, Saint-Basile-le-Grand, Investment, Transport, Government, Umicore, Partnership, Research, Tata Daewoo, Carbon, Plant, Federation, General Motors, LG Energy Solution, Volkswagen, Fire blanket, Ford, Workforce, Honda Canada, Ford Motor Company, Economic development, Supply chain, Government of Ontario, Automotive industry

In the last four years, automotive and battery makers have announced more than $31 billion in investments in electric vehicle manufacturing across Canada.

Key Points: 
  • In the last four years, automotive and battery makers have announced more than $31 billion in investments in electric vehicle manufacturing across Canada.
  • The Prime Minister, Justin Trudeau, and the Premier of Ontario, Doug Ford, today welcomed Honda Canada's milestone investment of approximately $15 billion to create Canada's first comprehensive electric vehicle supply chain, located in Ontario.
  • Honda will build an innovative and world-class electric vehicle assembly plant – the first of its kind for Honda Motor Co., Ltd. – as well as a new stand-alone battery manufacturing plant at Honda's facilities in Alliston, Ontario.
  • Canada's auto sector has been an engine of economic growth, driving innovation and creating good middle-class jobs.

The Sister Accord® Foundation Celebrates New Chapter in Partnership with the Nelson Mandela Foundation

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Monday, April 22, 2024
Education, African, Portrait, Woman, General counsel, Nelson Mandela Foundation, Heart, Partnership, Bullying, NMF, Women's March, Violence, Sister, Breakfast, Movement, LOVE, Ford Motor Company, Nursing

JOHANNESBURG, April 22, 2024 /PRNewswire/ -- The Sister Accord® Foundation, the organization whose movement is changing the way girls and women treat, support, and interact with each other, has officially launched a new chapter in South Africa in partnership with the Nelson Mandela Foundation (NMF). The event to honor this momentous occasion happened this past Saturday at Sanctuary Mandela in Houghton, Johannesburg.

Key Points: 
  • "I'm so elated that we delivered on our promise yet again to lead with LOVE," said Sonia Jackson Myles, Founder & CEO of The Sister Accord® Foundation.
  • I am extremely grateful for this partnership with the Nelson Mandela Foundation, which is helping us get even closer to reaching one billion girls and women."
  • Tamryn Sass, General Counsel at the Nelson Mandela Foundation, delivered the welcome address and said that they were proud to be partnering with The Sister Accord®.
  • The Foundation has also expanded into new territories, with chapters already established in Lilongwe, Malawi, Harare, and Bulawayo, Zimbabwe.

Despite Record EV Production Numbers, Shortage of Battery Metals Looms

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Monday, April 22, 2024
Lithium, Cell, Risk, Reuters, News, ALB, Feasibility study, Galaxy Resources, BHE, PEA, EVS, MIQ, Metal, Tesla, Inc., OTC, Geothermal energy, Communication, Ford Motor Company, Conference, EV, POSCO, DLE, Albemarle Corporation, Imperial Valley, California, Heat, Research, TSLA, Lithium Triangle, Ford, NEO, SK Innovation, Ioneer, Government, Advertising, Mining, Berkshire Hathaway

VANCOUVER, British Columbia, April 22, 2024 /PRNewswire/ -- USA News Group – Giants of the auto industry have notably began sending senior executives to mingle with mining experts at events such as the BMO Global Metals & Mining Conference signalling an increasing importance to secure materials to make their cars. The reality is that there's a critical battery metals shortage looming, causing executives from car producers such as Tesla Inc. (NASDAQ:TSLA) (NEO:TSLA) and Ford Motor Company (NYSE:F) to take the matter very seriously. Despite Tesla reporting record Q1 2023 deliveries, Benchmark Minerals projects will require more than 300 new battery metal mines to meet future EV demand. To get there, many battery metals projects continue to be developed, including those from Lithium South Development Corporation (TSXV:LIS) (OTC:LISMF), Albemarle Corporation (NYSE:ALB), and even Berkshire Hathaway Inc. (NYSE:BRK-A) (NYSE:BRK-B).

Key Points: 
  • The reality is that there's a critical battery metals shortage looming, causing executives from car producers such as Tesla Inc. (NASDAQ:TSLA) (NEO:TSLA) and Ford Motor Company (NYSE:F) to take the matter very seriously.
  • Despite Tesla reporting record Q1 2023 deliveries , Benchmark Minerals projects will require more than 300 new battery metal mines to meet future EV demand.
  • It was in July 2022 that Ford announced it was going to buy lithium from ioneer for its US EV battery plant.
  • "Helping unlock lithium in the U.S. will help us support localized production of battery cells going forward," said Drake.

Despite Record EV Production Numbers, Shortage of Battery Metals Looms

Retrieved on: 
Monday, April 22, 2024
Lithium, Cell, Risk, Reuters, News, ALB, Feasibility study, Galaxy Resources, BHE, PEA, EVS, MIQ, Metal, Tesla, Inc., OTC, Geothermal energy, Communication, Ford Motor Company, Conference, EV, POSCO, DLE, Albemarle Corporation, Imperial Valley, California, Heat, Research, TSLA, Lithium Triangle, Ford, NEO, SK Innovation, Ioneer, Government, Advertising, Mining, Berkshire Hathaway

VANCOUVER, British Columbia, April 22, 2024 /PRNewswire/ -- USA News Group – Giants of the auto industry have notably began sending senior executives to mingle with mining experts at events such as the BMO Global Metals & Mining Conference signalling an increasing importance to secure materials to make their cars. The reality is that there's a critical battery metals shortage looming, causing executives from car producers such as Tesla Inc. (NASDAQ:TSLA) (NEO:TSLA) and Ford Motor Company (NYSE:F) to take the matter very seriously. Despite Tesla reporting record Q1 2023 deliveries, Benchmark Minerals projects will require more than 300 new battery metal mines to meet future EV demand. To get there, many battery metals projects continue to be developed, including those from Lithium South Development Corporation (TSXV:LIS) (OTC:LISMF), Albemarle Corporation (NYSE:ALB), and even Berkshire Hathaway Inc. (NYSE:BRK-A) (NYSE:BRK-B).

Key Points: 
  • The reality is that there's a critical battery metals shortage looming, causing executives from car producers such as Tesla Inc. (NASDAQ:TSLA) (NEO:TSLA) and Ford Motor Company (NYSE:F) to take the matter very seriously.
  • Despite Tesla reporting record Q1 2023 deliveries , Benchmark Minerals projects will require more than 300 new battery metal mines to meet future EV demand.
  • It was in July 2022 that Ford announced it was going to buy lithium from ioneer for its US EV battery plant.
  • "Helping unlock lithium in the U.S. will help us support localized production of battery cells going forward," said Drake.

Post Time! Ford's Garage Restaurants Named an Official Watch Location for the 150th Kentucky Derby®

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Monday, April 22, 2024
Ford's Garage, Kentucky Derby, Mint julep, Beer, Garage, Brown, Old Forester, Hot Brown, Triple Crown, Brown Hotel, Ford, Ford Motor Company, Nightclub

TAMPA, Fla., April 22, 2024 /PRNewswire/ -- Ford's Garage, home of classic American fare like handcrafted burgers and beer served with a hearty side of automotive nostalgia, is again hosting an all-American celebration. For the second consecutive year, the restaurant brand has been named an official watch location for 10 Days of Derby, the countdown to the Kentucky Derby.

Key Points: 
  • For the second consecutive year, the restaurant brand has been named an official watch location for 10 Days of Derby, the countdown to the Kentucky Derby.
  • The events are a collaboration between Ford's Garage, Ford Motor Company, Churchill Downs Racetrack, and the Kentucky Derby.
  • Ford's Garage will be serving up iconic cocktails, including the Mint Julep and Woodford Spire, featuring Old Forester and Woodford Reserve Bourbon.
  • As always, a branded Ford vehicle will be on display at select Ford's Garage restaurants, in keeping with the brand's service station theme.

Paycor Leverages Visier's AI Technology to Empower Businesses to Access Answers About Their Workforce

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Wednesday, April 17, 2024
EBay, AI, BASF, Partnership, Panasonic, Visualization, Workflow, HCM, Digital, Privacy, Data collection, Data analysis, Trust, Alpine, Ford Motor Company, Amgen, Retail

VANCOUVER, BC, April 17, 2024 /PRNewswire/ -- Paycor had a vision to be one of the first human capital management (HCM) solutions to bring the power of generative AI for people analytics to their customers. Today, Visier, the globally recognized leader in people analytics and workforce solutions for people-powered business, enabled one of the world's largest-scale deployments of generative AI in HR technology—more than 2.1 million employees of Paycor's customers are now equipped with natural-language answers to people-related questions based on Visier's Vee technology.

Key Points: 
  • The company's embedded analytics business provides the platform and expertise to extend that reach through partnerships like with Paycor.
  • Visier's partnership with Paycor is a prime example of the generative AI vision realized."
  • Paycor announced their generative AI analytics digital assistant powered by Visier in October, underscoring the depth and breadth of the partnership, and the trust in Visier's industry-defining technology.
  • For more information on how to become an Embedded partner to accelerate your generative AI product roadmap, visit https://www.visier.com/embedded/generative-ai/ .

Thomson Reuters announces expanded vision to provide GenAI assistant for every professional it serves

Retrieved on: 
Wednesday, April 17, 2024
GPT-4, News, Reuters, Thomson Reuters, AI, OpenAI, Machine learning, Partnership, Research, Intelligence, Ethics, Microsoft, Legislation, Journalism, Ford, SharePoint, SPECIAL, Memory, Accounting, Ford Motor Company, Government, TRI, Organization

Thomson Reuters is today also adding new GenAI skills to CoCounsel's capabilities through Westlaw Edge UK with CoCounsel and Checkpoint Edge with CoCounsel.

Key Points: 
  • Thomson Reuters is today also adding new GenAI skills to CoCounsel's capabilities through Westlaw Edge UK with CoCounsel and Checkpoint Edge with CoCounsel.
  • TORONTO, April 17, 2024 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI), a global content and technology company, today announced the expanded vision for CoCounsel, its professional-grade GenAI assistant.
  • CoCounsel is an AI assistant that acts like a team member – handling complex tasks with natural language understanding.
  • By augmenting professional work with GenAI skills, CoCounsel delivers accelerated and streamlined workflows, enables professionals to produce higher-quality work more quickly, all while keeping customer data secure.

Hotshot Announces Launch of GenAI Fundamentals for Lawyers Certificate Program

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Tuesday, April 9, 2024
Legal, Apps, Applications, Technology, Other Technology, Professional Services, Other Education, Training, Education, Artificial Intelligence, Microsoft, CLE, Synthetic media, Organization, Learning, Ford Motor Company, Lawyer, Senior counsel, Student, Stanford Law School, Artificial intelligence, Generative

Hotshot, the video-based learning platform for lawyers used by dozens of Am Law 100 firms, law schools, and corporate legal departments, today announced the launch of its new certificate program, GenAI Fundamentals for Lawyers .

Key Points: 
  • Hotshot, the video-based learning platform for lawyers used by dozens of Am Law 100 firms, law schools, and corporate legal departments, today announced the launch of its new certificate program, GenAI Fundamentals for Lawyers .
  • The program was created in response to overwhelming interest from organizations looking for an effective way to deliver foundational training in Generative AI to their lawyers, students, and business professionals.
  • Anyone that completes the program will earn a certificate they can share on LinkedIn, and lawyers can earn CLE technology or general credits depending on the jurisdiction.
  • For more information about the GenAI Fundamentals for Lawyers certificate program and Hotshot’s broader Artificial Intelligence topic please visit www.hotshotlegal.com .