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UK startup AEM raises USD 29 mn to scale up rare earth, copper free EV motors, ET Auto

The Series A funding round was led by Legal & General unit Legal & General Capital and Barclays Sustainable Impact Capital initiative that invests in climate startups, AEM said on Monday Based in Washington in Englands industrial northeast, AEM already has a commercial rare earth free motor in use in electric buses and other vehicles in Europe, North America and Asia, CEO James Widmer said.
United States United Kingdom James Widmer General Capital Barclays Sustainable Impact Capital Monday Based

Quad Investors Network announces collaboration with Epsilon Advanced Materials of India, ET Auto

Epsilon Advanced Materials: The deal represents the first and largest investment ever made by an Indian company into the US electric battery industry and is expected to create 500 jobs in North Carolina, a press release said. "This investment promotes cooperation among Quad countries in securing the global supply chain for critical minerals. We are excited to have collaborated with them in this significant achievement and look forward to their success," said Karl Mehta, Chairman of the...
North Carolina United States Karl Mehta Quad Investors Network Investors Network Epsilon Advanced Materials

NMG Provides Quarterly Update: Changing Market Dynamics and Intensified Commercial Negotiations Underpin Phase-2 Growth

New market dynamics set favorable conditions for Nouveau Monde Graphite Inc. as the Company maintains operational, commercial and financing focus on advancing its development to the final-investment-decision stage for its Phase-2 commercial... - Veroeffentlicht am 09.11.2023
Saint Michel Des Saints United States Marc Jasmin Arneh Frandsen Eric Desaulniers Julie Paquet

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NMG Selects Pomerleau for Construction Management Preparation of its Phase-2 Facilities: Focus on Efficient, Cost-Optimized, and Safe Execution once FID is Reached -October 25, 2023 at 07:05 am EDT

+ NMG is mapping its execution strategy for the Phase-2 Matawinie Mine and Bécancour Battery Material Plant to ensure swift start of construction as soon as FID is reached. + NMG selects Pomerleau...
United States Eric Desaulniers Arneh Frandsen Nouveau Monde Graphite Inc Construction Group Regulation Services Provider

"Nouveau Monde Graphite (NYSE: NMG): Leveraging China's Restrictions on Graphite Exports

Nouveau Monde Graphite (NYSE: NMG) has exhibited an impressive surge of 36% in today's intraday trading, a remarkable development that occurred without any accompanying SEC filings or press releases to inform the market of their progress. Yet, upon conducting more in-depth analysis, we have uncovered the driving force behind this remarkable uptick, and to put
South Korea United States Christopher Richter Administration Of Customs Ministry Of Commerce Counterpoint Research

Ghana greenlights first lithium mine with eye on electric vehicle boom, ET Auto

The Ministry of Lands and Natural Resources granted Barari DV Ghana Limited a 15-year lease on the mine at Ewoyaa, on Ghanas southern coast, where the company began exploring for lithium six years ago. The prospect is highly valued by Ghana as it seeks to play a role in producing a key ingredient in electric vehicle batteries, demand for which is soaring as countries look to phase out fossil-fuel cars.
Barari Dv Ghana Limited Ministry Of Lands Natural Resources Lithium Mine Ghana Lithium Mine Electric Vehicle Boom

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