• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On August 28th, European Central Bank (ECB) Governing Council member Kazzaks stated that the ECB cannot allow consumer prices to continue rising. He said, "We cannot allow inflation to become entrenched. One way to curb the spread of inflation is to raise interest rates. Weve already done that once." The market expects the ECB to raise interest rates at its September meeting. The ECB raised rates in June but held them steady in July. New economic forecasts will be released at that time, providing a basis for interest rate decisions, while the ongoing Middle East wars are prompting the ECB to reconsider raising rates. "Well see what happens next month," Kazzaks said, "but for now, I think the possibility of a rate hike is quite high."On August 28, the Political Bureau of the CPC Central Committee held a meeting to study and deploy emergency rescue and relief work for the mudslide disaster in Gyirong County, Shigatse City, Tibet. Xi Jinping, General Secretary of the CPC Central Committee, presided over the meeting.On August 28th, Henan Jingrun Wanxiang Real Estate Development Co., Ltd. won the bid for Zhengzheng Gaochu [2026] No. 14 (online) for 1.119 billion yuan. The plot is located north of Fengyang Street and west of Xuesong Road in Zhengzhou High-tech Zone, surrounded by Zhengzhou University and Zhengzhou Foreign Language School. The land use right area is 53,799.20 square meters (approximately 80.7 acres), designated for urban residential use, with a starting price of 691 million yuan. Based on this, the transaction price represents a premium of 61.97%. The winning bidder, Henan Jingrun Wanxiang Real Estate Development Co., Ltd., is a subsidiary of China Resources Land Holdings Co., Ltd.British Chancellor of the Exchequer Healy: The top priority is to uphold fiscal discipline, which is the cornerstone of economic stability.The China Earthquake Networks Center officially reported that a 5.1-magnitude earthquake occurred in Longchang City, Neijiang City, Sichuan Province at 13:13 on August 28, with a focal depth of 13 kilometers.

Stellantis And Vulcan Energy Will Build German Renewable Energy Infrastructure

Charlie Brooks

Jan 17, 2023 11:09

9.png


Stellantis will partner alongside lithium developer Vulcan Energy Resources in a geothermal energy project in Germany to help power an electric vehicle production facility, Vulcan announced on Tuesday.


According to a statement from Australia's Vulcan, the phased project seeks to offer renewable heat to Stellantis' Rüsselsheim production facility, which makes the DS 4 and Opel Astra.


Vulcan will conduct an initial feasibility study for the development of geothermal renewable energy projects in Rüsselsheim.


Vulcan added that the parties will collaboratively pursue opportunities for public funding to advance the project.


Stellantis, which holds an 8% stake in Vulcan, will seek funding for 50% of the project's development following the initial phase.


Stellantis intends to sell only battery-electric passenger vehicles in Europe by 2030. It has signed a contract for the supply of manganese sulfite for its electric vehicle batteries with the Australian mining Element 25.


Stellantis and Vulcan already have an agreement for lithium delivery from the Upper Rhine Valley project.