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Ukraine’s vast mineral reserves are key to ceasefire talks with the U.S. Here’s what to know

Fast Company Tech

The initial announcement from Ukraines government stated that critical minerals would also offset the cost of American assistance, but that line was removed from the joint statement. In addition, Soviet and Ukrainian geoscientists identified deposits of lithium and rare earth metals that remain undeveloped.

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Minerva Lithium uses absorbent material to change the way we extract lithium

TechCrunch

Lithium, the crucial ingredient in the lithium-ion batteries that will power everything from your Tesla to your iPhone. . The problem is, extracting lithium is expensive , time-consuming, labor intensive and takes a serious toll on the environment. Image Credits: Minerva Lithium. The most precious of all?

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Porsche joins $400M bet on lithium-silicon batteries to juice up future EVs

TechCrunch

With its first electric vehicle now outselling the quintessential 911 sports car, the German automaker is responding by upping its bet on EVs, in part via a hefty investment in lithium-silicon battery developer Group14 Technologies. million or so in venture dollars and government grants.

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The most innovative companies in automotive for 2025

Fast Company Tech

The Warren Buffett-backed Chinese company shifted to building cars nearly two decades ago, applying its expertise in producing lithium iron phosphate (LFP) batteries to develop reliable, sub-$35,000 EVs. But the mid-2023 launch of BYDs most affordable modelthe four-figure Seagull compact carignited BYDs exponential sales run.

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Tesla’s readying a ‘million mile’ battery that could greatly lower the cost of EVs

The Verge

Tesla is already the industry leader when it comes to squeezing range out of lithium-ion batteries in electric cars, and it’s expected to reveal more about the new technology at an upcoming “Battery Day” for investors. Ltd (CATL) and was designed in part by battery experts recruited by Tesla CEO Elon Musk.

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China plans to limit global access to its EV battery technologies

TechNode

Chinese companies would have to obtain a government permit to export technologies used to produce lithium-phosphate-iron (LFP) cathode materials, a key component in iron-based, affordable lithium-ion batteries, according to an annual export control catalogue updated by the Ministry of Commcerce on Jan.

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US biggest importer of Chinese batteries for fifth straight year

TechNode

The United States has been the worlds biggest importer of Chinese lithium-ion batteries for the fifth year in a row, making up a quarter of Chinas overall exports of more than $61 billion last year, Chinese customs data showed.

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