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Li-Metal reveals plans for world's first carbonate-to-lithium plant

9 months ago

Li-Metal plans for world's first carbonate-to-lithium plant

Li-Metal Corp. (LIM-CN) unveiled its concept study for a North American lithium metal facility it claims will be the world's first commercial carbonate-to-metal production site. The facility would have an average production of 1,000 tonnes of lithium metal per year.

Climate targets hinge on rising business investments: RBC

Tens of billions of dollars from businesses must go toward climate action to meet Canada’s 2030 and 2050 targets, according to a report, Climate Action 2024, from the RBC Climate Action Institute

Geosapiens’ homegrown flood model a first for Canada

Quebec City-based Geosapiens has developed what it says is the first Canada-wide flood model from a Canadian firm that can precisely forecast flood risk. The company says it has been developing its model for five years.

Canada beats China in global battery supply chain ranking

Canada has overtaken China for the first time in BloombergNEF’s global lithium-ion battery supply chain ranking, claiming the top spot among 30 nations. China fell to second place in 2024 after dominating the annual analysis for the past three years.

Cda. moves closer to mandatory sustainability disclosure

The Canadian Sustainability Standards Board, which comprises 12 accounting, management, legal and sustainability experts, is expected to sign off on three documents that will guide climate-related disclosures. The documents will go out for a public comment period starting in March.

Greener Homes Grant proves more popular than expected

High demand is forcing the government to close applications for the Canada Greener Homes Grant program almost a year earlier than expected. With more than half a million applications already in, the program is nearing its $2.6-billion budget.

Mtl.’s Royal Vic: from healing patients to healing the planet

For over 100 years, Royal Victoria Hospital was a primary Montreal medical care facility. Now the complex of buildings on the McGill campus is taking on a new role: a research and teaching hub dedicated to sustainability and public policy.

Opponents of Quebec battery plant hold 'funeral march'

Protesters marched through the streets of McMasterville, Que., on Montreal's South Shore, carrying banners and rattling noisemakers. They showed up to oppose Quebec's plan to go through with the Northvolt electric vehicle (EV) battery plant without an independent environmental study. 

Former foes Big Oil, Big Ag join forces against EV threat

After decades of battling against more ethanol going into U.S. cars, Big Oil is joining Big Agriculture in a push to expand use of the corn-based biofuel, as the growth of EVs threatens to slash gasoline demand. 

Battery fire fears slowing Korea’s switch to EVs

Korea EV sales slipped last year — dipping 0.1 per cent to 157,823 units. According to a survey, around half of Korean EV owners said their biggest safety concern is a fire caused by a car crash, or during charging.

Are drivers really losing interest in electric vehicles?

OPINION: Consumer interest in EVs has cooled, according to a pair of surveys. Yet, dig down a little, and this momentary dip in excitement seems to be driven more by economic headwinds and a product mix skewing toward high-end models.

Hertz misses estimates on EV fleet rethink

Hertz is looking to cut costs after it missed analysts’ fourth-quarter estimates. The drop into the red follows the company’s decision to offload 20,000 Tesla (TSLA-Q) EVs, about one-third of its electric fleet, saying it lost money renting them out.

Kingston co. receives $4.2M boost for green energy initiative

In a significant move towards bolstering the green energy sector, the federal government has announced a $4.2 million funding injection for Ucore Rare Metals Inc. (UCU-X), a Louisiana-based processing technology company located in Kingston, Ont.

UGE achieves commercial operation for N.Y. solar project

Toronto-based solar company UGE International Ltd. (UGE-X) says it has reached commercial operation on its 376-kilowatt rooftop community solar project in Queens, N.Y. The project sits atop a warehouse located near John F. Kennedy International Airport.

Canada is lagging on clamping down on 'greenwashing'

The federal government wants to strengthen how the Competition Bureau handles complaints about "greenwashing" —  misleading or unsupported statements about a product or company's environmental record. Even with those changes, advocates say Canada will still be far behind the EU.

Watershed raises $135M for emissions-tracking software

San Francisco-based startup Watershed Technology recently raised $135 million in its Series C, kicking off February with a strong showing for climate tech funding. The infusion values the software company at $2.4 billion.

ESG isn’t dead, it’s just evolving

ANALYSIS: Despite the skepticism that’s spread through financial markets, ESG is not being eradicated. Study after study shows more Canadian companies are adopting more aspects of it. In fact, sustainability reporting is set to become mandatory at some point.

To cut food waste, supermarkets turn to AI

Starting this month, Danish company Too Good To Go is selling an artificial-intelligence-powered solution that assists supermarkets with expiration dates, which are a major pain point for retail food waste. 

India’s clean energy boom slows as new solar projects get delayed

For years, renewable projects in India have been growing steadily, from rooftop solar installations to large-scale projects. But a mix of policy decisions, politics and supply chain issues meant solar projects in 2023 have been marred in delays and uncertainty.

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