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On April 29th, a thematic exchange activity on data development theory and practice research, hosted by the National Data Development Research Institute, was held in Fuzhou on April 28th. During the event, the "Computing-Power Collaborative Technology and Industry Integration Innovation Consortium" was established. Yuan Jun, Vice President of the National Data Development Research Institute, stated that the current collaborative development of computing and power faces a synergistic dilemma involving three objectives: security, green development, and economic efficiency—the "impossible triangle" challenge. The rapid growth in computing power demand is mismatched with the long construction cycle of energy facilities, and the "electricity waiting for computing" approach easily leads to over-allocation and resource waste. A nationwide coordinated approach is needed, integrating computing power and power grid planning into a unified spatial system, with appropriate forward-looking and dynamic adaptation to AI development.Market news: The EU is considering imposing stricter conditions on its $105 billion loan to Ukraine.On April 29th, it was learned from the Beijing Municipal Administration for Market Regulation that since the beginning of this year, Beijings market regulation departments have been cracking down on illegal modifications of electric bicycles that exceed standards through various means, including undercover investigations, surprise night inspections, source tracing, and testing. In response to typical problems discovered during the special rectification campaign, the Beijing Municipal Administration for Market Regulation recently held warning talks with eight electric bicycle manufacturers—Yadea, Aima, Tailg, Ninebot, Niu, Xiaodao, Xinri, and Luyuan—and their Beijing-based sales agents, clearly outlining "two implementations and five prohibitions." These include: enterprises must strictly implement their primary responsibility for quality and safety; strictly implement mandatory product certification regulations; strictly prohibit the production and sale of vehicles inconsistent with certified samples; strictly prohibit reserving space for modification; strictly prohibit the sale of uncertified vehicles; strictly prohibit the sale of substandard vehicles; and strictly prohibit the addition of modifications to electric bicycles, effectively ensuring consumer safety.During the 25th collective study session of the Political Bureau of the CPC Central Committee, Xi Jinping emphasized the need to focus on improving the ability to prevent and respond to natural disasters and to effectively safeguard the lives and property of the people.April 29 - In recent years, the Cyberspace Administration of China has focused on carrying out special campaigns to address typical and prominent issues that undermine the business environment and harm the legitimate rights and interests of enterprises and entrepreneurs online. A total of more than 927,000 pieces of infringing information involving enterprises have been cleaned up, and more than 89,800 illegal and irregular accounts have been dealt with.

BHP Thinks U.S. and Europe's EV Metals Search Will Benefit Australia

Charlie Brooks

Nov 03, 2022 14:56

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According to BHP Group's nickel operations chief, eco-friendly mining and minerals for decarbonisation will benefit Australia (NYSE:BHP).


According to Jessica Farrell, Asset President for BHP Nickel West, the August passage of the U.S. Inflation Reduction Act, which allows substantial tax credits for battery cell processing, and the European Commission's Battery Recycling initiative show governments' increased focus on electric vehicle (EV) minerals like lithium, nickel, and copper.


"Given our efforts to solve these ethical and environmental challenges," Farrell remarked at an international mining conference in Sydney on Thursday.


The US Inflation Reduction Act links EV tax credits to domestic or 20 allied minerals, including Australia.


Since the Act passed, American mining and automotive firms have sought partnerships with Australian nickel and lithium producers.


BHP's Nickel West business has the second-largest nickel sulphide resource base and plans to increase nickel exploration over the next two years.


Nickel West supplies Tesla, Toyota, and Ford.


Farrell said BHP expects 60% of car sales to be electric by 2030 and 90% by 2040.


Nickel demand is expected to rise 200–300% over the next 30 years, according to BHP.


Farrell said BHP wants Australia to mandate all new vehicles be electric by 2035 and provide infrastructure.


"Canberra was the first Australian city to mandate electric cars by 2035 with generous incentives. We hope other governments would follow suit and invest the essential infrastructure for its success "said.