{"id":83530,"date":"2024-04-15T00:00:00","date_gmt":"2024-04-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2024\/04\/15\/france-set-to-resume-copper-mining-activities-to-localize-supply-chains\/"},"modified":"2024-04-15T00:00:00","modified_gmt":"2024-04-15T00:00:00","slug":"france-set-to-resume-copper-mining-activities-to-localize-supply-chains","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2024\/04\/15\/france-set-to-resume-copper-mining-activities-to-localize-supply-chains\/","title":{"rendered":"France set to resume copper mining activities to localize supply chains"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Copper mining could reemerge as an industry in France: <\/strong>France is pushing to revive copper mining \u2014 which hasn\u2019t been active in the country for more than 20 years \u2014 in response to a growing demand from renewable energy farms and interconnection projects pending with neighboring countries, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-04-12\/france-wants-to-revive-copper-mining-and-speed-up-green-projects\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Friday, citing comments by Finance Minister Bruno Le Maire. The country is also looking to accelerate lithium and geothermal energy projects to meet their climate targets and boost self sufficiency as competition for resources heats up. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER NEWS- <\/strong>Paris-based hydrogen EV rental startup <a target=\"_blank\" href=\"https:\/\/www.hysetco.com\/\" style=\"\" rel=\"noopener\">HysetCo<\/a> has raised almost EUR 200 mn in a funding round led by hydrogen infrastructure company Hy24, according to <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-04-10\/french-hydrogen-taxi-rental-firm-raises-200-million-to-expand-refueling-network\" style=\"\" rel=\"noopener\">Bloomberg<\/a>. Hyset will use the funding to expand its French operations and explore expansion into neighboring markets. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Hy24 has been active in the region: <\/strong>Hy24 has partnered with the UAE\u2019s Masdar to boost large-scale <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/26abd520-5946-4238-83f9-ecedd0d5060c\/masdar-signs-a-strategic-joint-development-and-investment-framework-agreement-with-the-clean-hydrogen-infrastructure-fund\" style=\"\" rel=\"noopener\">green hydrogen production<\/a> projects globally under the <a target=\"_blank\" href=\"https:\/\/www.hy24partners.com\/portfolio\/\" style=\"\" rel=\"noopener\">Clean Hydrogen Infrastructure Fund<\/a> it manages. Hy24 has also invested USD 115 mn alongside Singapore\u2019s sovereign fund GIC in InterContinental Energy's green hydrogen expansion plans in the Middle East and Australia.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Polestar deliveries plummet 1Q 2024: <\/strong>Volvo-affiliated EV manufacturer Polestar saw a 40% decline y-o-y in its EV deliveries for 1Q 2024, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/ev-maker-polestar-posts-40-slump-q1-deliveries-2024-04-11\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Thursday. The company expects accelerated deliveries of its luxury SUVs, Polestar 3 and Polestar 4 to help boost revenues in 2H 2024, CEO Thomas Ingenlath said. Polestar aims to deliver 155k to 165k cars next year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER EV NEWS- US battery materials firm <\/strong><strong><a target=\"_blank\" href=\"https:\/\/ascendelements.com\/\" style=\"\" rel=\"noopener\">Ascend Elements<\/a><\/strong><strong> and Polish company <\/strong><strong><a target=\"_blank\" href=\"https:\/\/elementalsm.pl\/en\/\" style=\"\" rel=\"noopener\">Elemental Strategic Metals<\/a><\/strong><strong> have launched a JV focused on recycling EV batteries<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/ascend-elements-elemental-strategic-metals-form-european-ev-battery-recycling-2024-04-09\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported last week. No investment details were revealed. A jointly developed plant in Poland can recycle up to 12k metric tons of batteries yearly, equivalent to around 28k EVs. A lithium extraction plant is also set to open at the same site in 2026, and will be capable of processing up to 20k metric tons annually.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>China\u2019s EV maker Hyper to start using <\/strong><strong>all-solid-state batteries in 2026:<\/strong>Chinese EV manufacturer <a target=\"_blank\" href=\"https:\/\/www.gac.com.cn\/en\/brand\" style=\"\" rel=\"noopener\">GAC Aion<\/a> \u2019s Hyper has completed research and development on <a target=\"_blank\" href=\"https:\/\/www.biologic.net\/topics\/what-are-all-solid-state-batteries\/#:~:text=All%2Dsolid%2Dstate%20batteries%20(,vehicles%20to%20renewable%20energy%20systems.\" style=\"\" rel=\"noopener\">all-solid-state batteries<\/a> and will start using them on its vehicles in 2026. The batteries offer 400 watt hours per kilogram and over 1k kms of driving range. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/chinese-ev-brand-hyper-says-will-use-all-solid-state-batteries-its-cars-2026-2024-04-12\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/li>\n<li><strong>Indian <\/strong><strong>bn\u2019aire<\/strong><strong> Gautam Adani to establish climate-focused think tank:&nbsp;<\/strong>Gautam Adani \u2014 founder and chairman of Indian conglomerate Adani Group \u2014 is establishing a climate-focused think-tank with an initial funding of RS 1bn (USD 12 mn) from Adani Group. The think tank will focus on climate change, the energy transition, and international politics, and will later expand to major Indian cities and overseas locations such as Washington and London. (<a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/8ff3662e-120f-4504-b4a7-7c7ee800fced\" style=\"\" rel=\"noopener\">The Financial Times<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The country is also looking to speed up lithium and geothermal projects<\/p>\n","protected":false},"author":1,"featured_media":83531,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[71],"tags":[70,107,11,64],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-83530","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-around-the-world","tag-around-the-world","tag-critical-minerals","tag-enterpriseclimate","tag-evs","wpautop","entry"],"acf":{"mongo_id":"8d643aee-b57a-49bf-b973-8074125aa08b","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/4\/813.jpg","photo_position":"above","homepage_title":"","full_issue_title":"France set to resume copper mining activities to localize supply chains","related_issue":[83518],"teaser":"The country is also looking to speed up lithium and geothermal projects","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/4\/.6ff58731-59b2-444c-8300-2c9a78f6563a.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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