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Bolivia has signed lithium agreements with Russian state nuclear firm Rosatom and China's Citic Guoan Group, the South American country's government said on Thursday, as it looks to develop its ...
BlackRock is in talks with various governments over ways to fund critical investments to support artificial intelligence (AI), including increasing the power supply, the CEO of the world's largest ...
Exxon Mobil said on Wednesday it has signed a non-binding lithium supply deal with battery parts maker LG Chem, the oil giant's second agreement to supply the electric vehicle battery metal from ...
The contract was worth approximately $2 billion a year. [2] In 2020, the Department of Energy announced that they would not be exercising the additional options in Consolidated Nuclear Security's contract, which was set to expire on Sept. 30, 2021, three years before the end of the ten-year contract. [6]
Out of the initial three contracts - BWX Technologies, Westinghouse Government Services and X-energy - only BWX Technologies and X-energy were selected in 2021 to develop a final design for a prototype mobile microreactor under the Project Pele initiative, [4] and then in June 2022 BWXT was awarded a contract by the US Department of Defense (DOD) Strategic Capabilities Office (SCO) to build ...
The Accelerating Deployment of Versatile, Advanced Nuclear for Clean Energy Act of 2024, or the ADVANCE Act of 2024, is a piece of legislation passed by the 118th United States Congress to accelerate the development of generation IV nuclear reactor technology and keep existing United States nuclear electric power plants online.
BlackRock's move into world affairs come as the firm faces increasing criticism in the U.S. from Republicans, who have been scrutinizing Fink over what the party sees as him pushing an ...
In January 2022, e-mobility battery manufacturer LG Energy Solutions and Vulcan signed a binding offtake agreement for lithium hydroxide with a purchase volume between 41,000 and 50,000 tonnes. [30] The supply contract will start in 2025 with an initial duration of 5 years and the lithium will be processed in LG's European plant. [citation needed]