Sources said Codelco is hoping to replace exclusively copper concentrate deals with other agreements that include concentrate and value-added intermediate products.
The mechanism will consist of a direct ban on purchases, which would take effect on January 1, as well as an indirect ban, which would kick in more gradually.
Stellantis's CTO said that the current weight of EV batteries is “too heavy,” which makes the vehicles “not compatible” with the company’s sustainability goals.
The 40-seat vessel, which is outfitted with a 350-kilowatt hydrogen fuel cell, qualifies as a research, development and demonstration (RD&D) project under South Korea’s national hydrogen strategy.
About $2 billion in grants for advanced vehicles will come from the Inflation Reduction Act while another $10 billion will be provided by the Energy Department’s Loans Program Office.
The government should develop new water interconnections and transfers between basins and invest in expanding and modernizing water storage as well as irrigation infrastructure, Fiab said in the statement.
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