The temporary relaxation of a safeguard mechanism has ushered in a flood of cheap imports, forcing local manufacturers to idle some capacity, said Waaree Energies Ltd. chairman Hitesh Doshi.
The authorization allows the companies to continue using their China-based chipmaking operations without having to apply for licenses with the U.S. to receive new equipment.
The clause, which aims to create more collaboration between charterers and shipowners to cut carbon emissions, was adopted by BIMCO’s Documentary Committee October 11.
This comes months after Toyota claimed that it would be shifting towards using solid-state batteries after working on the technology for over a decade.
ERG will sell 3,000 metric tons of contained cobalt metal to EVelution annually, which will be used to build an Arizona-based low-carbon cobalt sulfate plant starting in 2024.
A previous court decision to support a legal challenge by a group of executives to proposed hikes in salaries for other workers was overturned October 10.
The unions and Chevron are scheduled to meet at 10:30 p.m. ET on October 10 for talks with Bernie Riordan, the commissioner of Australia’s Fair Work Commission.
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