Reuters (June 24)
“A scramble for lithium” is creating “new risks for electric-car makers. Breathtaking prices are prompting the industry to find new ways to secure the crucial battery ingredient,” often through “direct contracts with miners and refiners” with “options to buy 100% or more of a project’s planned production capacity.” Although “vertical integration is tempting when times are tough,” it can leave buyers overstretched and “dealmaking under duress makes miscalculations more likely.”
Tags: Battery, Breathtaking, Buyers, Capacity, Dealmaking, Duress, EVs, Lithium, Miners, Overstretched, Prices, Production, Refiners, Risks, Scramble, Vertical integration
Washington Post (February 14, 2014)
Russia’s refreshingly independent TV Dozhd may soon be off the air as cable and satellite providers, apparently under duress, drop the channel from their offerings. “This knives-in-the-night approach is typical of the latter-day Putin regime. While Mr. Putin once caused a stir with a highly publicized takeover of the independent TV channel NTV, now he is stealthier, working his will from the shadows…. But the result is the same: It looks like yet another light in Russia’s democratic struggle—the refreshing openness of TV Dozhd—is about to go dark.”
Tags: Cable, Democratic struggle, Duress, Independent, Openness, Putin, Regime, Russia, Satellite, Stealth, Takeover, TV, TV Dozhd
