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Toyota-Panasonic battery JV to buy lithium from ioneer’s Nevada mine

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Toyota-Panasonic battery JV to buy lithium from ioneer’s Nevada mine


An worker grabs carbonate lithium after being processed in Argentina August 12, 2021. REUTERS/Agustin Marcarian/File Picture

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July 31 (Reuters) – A joint battery enterprise of Toyota Motor Corp (7203.T) and Panasonic Corp (6752.T) will purchase lithium from ioneer Ltd’s (INR.AX) Rhyolite Ridge mining venture and use the steel to construct electrical car batteries in the USA.

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The binding provide deal, introduced on Sunday, is the second in lower than a month for ioneer and a powerful vote of confidence in a venture that’s racing to be the primary new U.S. supply of the battery steel in a long time.

Beneath the phrases of the deal, ioneer will provide 4,000 tonnes of lithium carbonate yearly for 5 years to Prime Planet Vitality & Options (PPES), which was shaped by Toyota and Panasonic in 2020 to raised compete with battery market chief Up to date Amperex Know-how Co Ltd (CATL) (300750.SZ).

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Provides are slated to start in 2025, a timeline that relies upon partially on ioneer acquiring financing and allowing.

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The deal features a dedication from PPES that ioneer’s lithium will likely be used to construct EV battery elements inside the USA for the U.S. EV market. PPES, which relies in Japan, has reportedly been contemplating constructing a battery plant in western North Carolina.

“The entire function of this settlement is for this lithium for use in the USA,” James Calaway, ioneer’s govt chairman, advised Reuters.

A proposed enlargement of the U.S. EV tax credit score would require that lithium and different EV minerals be sourced domestically or from allies beginning as quickly as subsequent yr. That potential change, which is below debate in Congress, has proven a highlight on the nascent U.S. improvement plans of battery and automakers.

“Having an settlement with ioneer gives PPES a primary step in securing a U.S. provide of lithium,” mentioned PPES President Hiroaki Koda, who added he has “confidence in ioneer’s know-how.”

The quantity of lithium that ioneer will provide PPES is sufficient to make batteries for about 150,000 EVs yearly, although that determine would fluctuate relying on design and different elements.

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Australia-based ioneer goals to supply about 21,000 tonnes of lithium in Nevada yearly beginning in 2025. It signed a provide cope with Ford Motor Co (F.N) in mid-July and final yr with South Korea’s Ecopro Co (086520.KQ).

The Rhyolite Ridge venture has confronted push again from some conservationists who fear it might hurt a uncommon flower often known as Tiehm’s buckwheat, although ioneer has mentioned it believes it could possibly safely extract lithium whereas additionally defending the plant.

“We have discovered how we will construct the mine and never contact the Tiehm’s buckwheat,” mentioned Calaway.

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Reporting by Ernest Scheyder in Houston; Enhancing by Daniel Wallis

Our Requirements: The Thomson Reuters Belief Ideas.



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Nevada

Nevada Suit Alleging ‘Inhumane’ Horse Gathering Plan Dismissed

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Nevada Suit Alleging ‘Inhumane’ Horse Gathering Plan Dismissed


A Nevada district court dismissed a nonprofit wild horse advocacy group’s lawsuit against the US Department of Interior because the group largely failed to support its allegations that the government is not abiding by its own humane handling requirements.

Judge Larry R. Hicks with the US District Court for the District of Nevada dismissed one of Wild Horse Education’s claims with prejudice and its remaining three without prejudice, according to the judge’s Wednesday order. Hicks said the nonprofit’s 2023 first amended complaint failed to state a claim and that the court lacked subject matter jurisdiction.

Hicks granted the nonprofit …



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Nevada politicians send letter to USPS urging Board of Governors to stop DeJoy from downsizing

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Nevada politicians send letter to USPS urging Board of Governors to stop DeJoy from downsizing


WASHINGTON D.C. (KOLO) – A bipartisan team of Nevada politicians have penned a letter to U.S. Postal Service Board of Governors expressing concern over proposed downsizing.

The team consisted of Senators Catherine Cortez Masto and Jacky Rosen, Congressman Mark Amodei, and Governor Joe Lombardo. Their letter additionally expressed continued concerns over a plan to relocate part of the operations of the Reno Processing Center to Sacramento.

The group insisted that the Board exercise oversight authority to stop Postmaster General Louis DeJoy from implementing what they say is a misguided plan.

“On April 23, 2024, USPS officially announced its decision to proceed with its misguided plan to downsize and relocate outgoing mail processing operations from Reno, Nevada to Sacramento, California,” wrote the lawmakers and the Governor. “This announcement came despite multiple requests from the undersigned for USPS to present the data that informed this decision – requests that were left unanswered for months, refused during in-person meetings with USPS staff, ignored during a United States Senate oversight hearing with the Postmaster General, and finally purported to be addressed in a May 2024 letter that failed to directly address any of the specific concerns Nevada stakeholders and elected officials have raised.”

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“As the USPS Board of Governors, we urge you to conduct your oversight responsibilities to stop this ill-considered plan from going into effect. The Board should not allow Postmaster General DeJoy to proceed with downsizing and relocating Nevada’s Reno P&DC absent critical Nevada-specific data,” they continued. “Finally, if you feel that the Postmaster General has served as an active impediment to conducting meaningful oversight, then it is time to seriously consider who leads the USPS in the future.”



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Playoff roundup: Coronado softball advances in extra innings

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Playoff roundup: Coronado softball advances in extra innings


Summer Gilliam’s two-out blooper to center field in the eighth inning scored Bailey Goldberg to give Coronado a 7-6 victory over Centennial in a Class 5A Southern Region softball elimination game.

The winning hit came after the Cougars (15-5), the No. 3 seed from the Mountain League, scored two runs in the bottom of the seventh to force extra innings against the Bulldogs (14-6), the Mountain’s No. 4 seed.

Coronado will play Bishop Gorman in a 2 p.m. elimination game Thursday at Shadow Ridge, with the winner to face the Mustangs at 4:30 p.m. for a state tournament berth.

Centennial, which reached the state title game last season, was eliminated.

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— No. 2D Bishop Gorman 10, No. 1D Arbor View 3: Rocio Mora went 3-for-4 with a triple and three RBIs as the Gaels cruised to a victory over the Aggies in an elimination game. Aiyanna Laurian pitched a five-hitter to earn the victory.

Class 4A

— No. 4S Doral Academy 17, No. 3D Legacy 6: Megan Upp had a home run, a triple, a double and eight RBIs to lead the Dragons (14-12) past the Longhorns (15-13) in an opening-round game. Teammate Jenna Becker went 3-for-3 with a triple and two RBIs to help Doral Academy, which broke the game open with a five-run fourth inning. The Dragons play at Desert Oasis at 4 p.m. Thursday.

— No. 2D Cimarron-Memorial 14, No. 4M Mojave 0: The Spartans (16-11) scored nine runs in the first inning and rolled past the Rattlers (9-12). Cimarron-Memorial will play at Basic at 4 p.m. Thursday.

— No. 3S Spring Valley 18, No. 3M Foothill 6: Aubreyana Sanchez had three hits as the Grizzlies (12-14) scored seven runs in the third inning and never looked back en route to a victory over the Falcons (13-10). Emily Makis, Raelynn Villanueva and Lila Spanda had multiple hits for Spring Valley, which plays at Rancho at 4 p.m.Thursday.

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— No. 2S Sierra Vista 9, No. 4D Clark 3: Laura Episom went 3-for-4 with a triple and five RBIs to help the Mountain Lions (15-11) defeat the Chargers (8-11). Teammate Riley Watkins had a home run, and Reagan Foglia pitched a complete-game four-hitter for the win. Sierra Vista will play at Tech at 4 p.m. Thursday.

Class 3A

— No. 1M Boulder City 10, No. 2M Pahrump Valley 2: Payton Rogers went 3-for-4 with two home runs, a double and five RBIs and also was the winning pitcher as the Eagles (22-6) clinched a state tournament berth with a victory over the Trojans (18-6).

Other scores

No. 2D Moapa Valley 11, No. 3D Mater East 1

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No. 1D Virgin Valley 15, No. 3M SLAM Academy 7

Baseball

— No. 1M Faith Lutheran 3, No. 3D Foothill 0: Cash Martin tossed a complete-game three-hitter to lead the Crusaders (24-8-1) past the Falcons (21-12-1) in a Class 5A Southern Region elimination game. Christian Gross went 2-for-3 with an RBI for Faith Lutheran, which scored twice in the first inning. The Crusaders play Green Valley at 1:30 p.m. Thursday in an elimination game at Coronado, with the winner to face the Cougars at 4 p.m. for a berth in the state tournament.

— No. 4M Green Valley 15, No. 3M Liberty 7: Jacob Ferry went 3-for-5 with a triple and three RBIs as the Gators (15-18) used a six-run fifth inning to pull away from the Patriots (17-16). Brandon Callahan went 3-for-3 with a double and two RBIs to help Green Valley, while TJ Shaw and Ben Byington added three hits apiece.

Class 4A

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— No. 4S Eldorado 5, No. 3D Cheyenne 2: Dylan Hayden struck out seven while pitching a complete-game three-hitter in the Sundevils’ win over the Desert Shields (21-6) in an opening-round game. Nathan Minton went 2-for-3 with two RBIs to help Eldorado (15-13), and teammate Misael Pelayo also had two hits. The Sundevils play at Durango at 4 p.m. Thursday.

— No. 2D Clark 13, No. 4M Western 0: Cole Baren went 4-for-4 with a home run, a double and five RBIs to help the Chargers (12-10) roll to a win over the Warriors (12-11). Kellen Anunson went 2-for-4 with a double and three RBIs to help Clark, and teammate Jack Lewandowski earned the victory, allowing one hit and striking out six. The Chargers play at Sierra Vista at 4 p.m. Thursday.

— No. 3S Bonanza 13, No. 3M Cimarron-Memorial 2: Tyson Owens went 3-for-5 with a double, a triple and two RBIs to lead the Bengals (13-16) past the Spartans (7-18). Teammate Dillon Owens had a double, a triple and two RBIs to help Bonanza, and Darren McGree hit a home run. Michael Garcia went the distance on the mound, striking out seven while allowing six hits to earn the victory. The Bengals play at Tech at 4 p.m. Thursday.

— No. 2S Silverado 10, No. 4D Doral Academy 0: Hogan Hawkins went 3-for-3 with a double and three RBIs in the Skyhawks’ victory over the Dragons (10-14). Marek Pierkarski tossed a six-inning one-hitter, striking out four. Silverado (17-12) plays at Rancho at 4 p.m. Thursday.

Class 3A

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— No. 1D Virgin Valley 8, No. 2D Moapa Valley 0: Bryce Intagliata struck out 12 while pitching a complete-game four-hitter as the Bulldogs (27-1) clinched a state tournament berth with a victory over the Pirates (17-12).

Other scores

No. 1M The Meadows 12, No. 4M Pahrump Valley 3

No. 2M Boulder City 7, No. 3M SLAM Academy 2

Boys volleyball

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— No. 3S Sky Pointe 3, No. 1D Mojave 1: The Eagles (24-13) defeated the Rattlers (18-9) 25-22, 10-25, 25-19, 25-20 and will play at Bishop Gorman in the Class 4A state semifinals at 6 p.m. Friday.

— No. 2S Bishop Gorman 3, No. 2M Spring Valley 0: The Gaels (21-8) cruised past the Grizzlies (14-15) 25-14, 25-16, 25-22.

— No. 1S Basic 3, No. 3D Durango 1: The Wolves (16-10) beat the Trailblazers (22-14) 25-20, 21-25, 25-23, 25-18. They will host Del Sol in the state semifinals at 6 p.m. Friday.

— No. 1M Del Sol 3, No. 2D Tech 0: The Dragons (20-12) rolled past the Roadrunners (18-17) 25-12, 25-20, 25-19.

Contact Jeff Wollard at jwollard@reviewjournal.com

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