Lithium chemical and spodumene prices were higher again in the past month. JPMorgan upgrades spodumene prices to $6,500/$5,700/t in 2023/24. Read more here.
LISBON (REUTERS) - Portugal will start producing green hydrogen by the end of 2022 and already has private investment worth around 10 billion euros (S$16 billion) lined up for eight projects that are expected to move forward, Environment Minister Joao Matos Fernandes said.
He told Reuters in a telephone interview there were also several pre-contracts for the purchase and assembly of electrolysers to produce the zero-carbon fuel made by electrolysis out of water using renewable wind and solar energy.
Such hydrogen is more expensive to extract than the heavily polluting conventional method of using heat and chemical reactions to release hydrogen from coal or natural gas, known as brown and grey hydrogen respectively.