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Excelerate Energy, a major US-based energy company, is partnering with Cebu-based Topline Energy for the establishment of an LNG hub, including tank manufacturing, with an investment of $50 million at the Mactan Economic Zone.
Companies vie for funding to decarbonise UK port Jun 2, 2021 1:25:pm Summary Uniper believes the project could serve as a model for decarbonising other ports as well. [image credit: Uniper] by: Joseph Murphy Posted in: Companies vie for funding to decarbonise UK port Germany s Uniper and Siemens Energy, Japan s Toyoto Tsusho and Associated British Ports (ABP) have applied for state funding to decarbonise the port of Immingham on England s east coast using hydrogen, the companies announced on June 2. The group has undertaken a study into how low-carbon fuels like green hydrogen can decarbonise difficult-to-abate sectors like maritime and cargo handling at ports. The ABP-owned Immingham port is the UK s largest by tonnage, handling 54mn metric tons/year of cargo, and is situated in the Humber industrial cluster, due to be decarbonised in the coming years under the Zero Carbon Humber initiative. ....
Save Share Acceleration of new lithium projects looks set to be the biggest outcome of a $4 billion merger between Orocobre and Galaxy Resources, with the man who will lead the merged entity declaring it will be âfull speed aheadâ on a long list of growth projects. Orocobre and Galaxy currently have one lithium production asset each, but the merged entity could have four in the medium term, a new downstream processing plant plus a raft of brownfield expansion options. The sequencing of those growth projects looms as a major decision for Orocobre chief executive Martin Perez De Solay, but on Monday he indicated projects were more likely to be accelerated rather than delayed once the merger was formalised. ....
Lithium boom 2.0 drives $4b merger, supply push Save Share This yearâs lithium price boom will prove more âdurableâ than the last and can withstand an âaccelerationâ of new lithium supply, according to the two Australian listed companies that struck a $4 billion battery minerals merger on Monday. The combination of Orocobre and Galaxy Resources will create the worldâs fifth biggest lithium producer by market capitalisation and one that is more diversified by product and geography, with ambitions of securing a place in the ASX100. Brisbane based Orocobre and Perth based Galaxy produce lithium in Argentina and Western Australia respectively and were the pioneers of the locally-listed lithium sector, which is split between those that extract the commodity from South American groundwater and those that extract it from hard Australian rock. ....