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Mercedes CFO Warns of Tougher Measures After Weak Q3
The German luxury carmaker Mercedes-Benz faces a stark reality. Its profits have nosedived by half in the third quarter of 2024. This sharp decline has prompted the company to take swift action. Mercedes-Benz now plans to ramp up its cost-cutting measures. The automotive giant’s financial woes stem from several factors. Weak demand in key markets […]
Efficiency in lithium production: a study of a Russian project
The Uranium One Group, a Russian state corporation Rosatom subsidiary, is constructing a lithium production facility in the Pastos Grandes salt flats in Potosí, Bolivia. In partnership with Bolivian state-owned company Yacimientos de Litio Bolivianos (YLB), it has joined Russian and Chinese corporations to fund a US$1.432 billion lithium extraction venture. Out of the total, […]