Latest news with #JointDevelopmentAgreement
Borneo Post
26-05-2025
- Business
- Borneo Post
Malaysian, Vietnamese and Singaporean firms ink landmark deal for export of renewable energy
Prime Minister Datuk Seri Anwar Ibrahim, Singaporean Prime Minister Lawrence Wong, and Vietnamese Prime Minister Pham Minh Chính witness the document exchange ceremony of a Joint Development Agreement on Renewable Integrated Sustainable Energy (RISE), involving PETRONAS and Tenaga Nasional Berhad (TNB) on the sidelines of the 46th ASEAN Summit at the Kuala Lumpur Convention Centre (KLCC) today. – Bernama photo KUALA LUMPUR (May 26): In a landmark move for regional energy cooperation, leading energy companies from Malaysia, Singapore, and Vietnam have signed a joint development agreement to explore the export of renewable electricity from Vietnam to Malaysia and Singapore. This strategic partnership highlights the growing commitment among industry leaders to advance regional power integration and accelerate decarbonisation through commercially viable solutions. Through this agreement, Malaysia, represented by MY Energy Consortium, an unincorporated consortium established by Tenaga Nasional Bhd (TNB) and Petroliam Nasional Bhd (Petronas), will collaborate with a consortium comprising PetroVietnam Technical Services Corporation (PTSC), a member of Vietnam National Industry–Energy Group (Petrovietnam), and Sembcorp Utilities Pte Ltd, a wholly-owned subsidiary of Singapore-based Sembcorp Industries (Sembcorp). Together, the consortia will focus on unlocking Vietnam's rich renewable energy resources — particularly offshore wind power — as a source for green electron generation and to supply clean electricity across borders, they said in a joint statement here today. This alliance reflects the growing momentum towards a regionally integrated ASEAN Power Grid. Under this agreement, the consortia will evaluate the feasibility of exporting renewable energy from Vietnam to Malaysia and Singapore via a new subsea cable, wheeled in and through the Peninsular Malaysia National Grid, with potential additional firming renewable energy generation and storage, they said. 'To this end, the consortia will work closely with the relevant national authorities throughout the development process, seeking necessary approvals at various project phases and paving the way for this significant regional power integration and energy interconnection.' As the current Chair of ASEAN in 2025, Malaysia plays a central role in fostering collaborative efforts that advance sustainability, resilience and economic growth in the region. 'Malaysia's participation in this initiative reflects our strong commitment to the ASEAN Power Grid vision, which aims to strengthen regional energy security through the creation of a power transit hub.' 'This tripartite partnership is a step forward in advancing transnational green infrastructure, tapping into Vietnam's renewable energy potential, and delivering stable, low-carbon electricity to communities and businesses. It marks a significant milestone in our collective journey towards achieving net zero emissions,' said TNB president/chief executive officer (CEO) Datuk Ir. Megat Jalaluddin Megat Hassan and Petronas president and group CEO Tan Sri Tengku Muhammad Taufik. As a member of ASEAN, Vietnam is advancing its strategic vision to become a regional renewable energy hub, driven by a strong commitment to clean energy development, emissions reduction and meeting Southeast Asia's rising energy demands. Vietnam's Prime Minister Pham Minh Chinh has underscored offshore wind as a national priority and is actively steering bold, targeted directives to accelerate the growth of renewable energy. This demonstrates the government's strong political will and strategic commitment to building a sustainable energy landscape. By participating in this trilateral collaboration, Vietnam seeks to catalyse new economic opportunities, stimulate sustainable growth and generate quality employment, while reinforcing ASEAN's shared ambition for a resilient, low-carbon energy future. 'This agreement highlights the role of PTSC in particular, and PVN as a whole, in advancing national energy transition strategies. We expect its effective implementation will mark a significant milestone – a starting point for renewable energy investment in Vietnam,' said PTSC president and CEO Tran Ho Bac. Singapore's target is to import around 6GW of low-carbon electricity by 2035, which is around one third of the nation's energy demand then. Connecting regional power grids will also promote the development of renewable energy in the region and pave the way to realising the ASEAN Power Grid vision. Sembcorp group president and CEO Wong Kim Yin said: 'We are committed to supporting ASEAN's low-carbon transition through shared infrastructure and strengthened partnerships.' This agreement endeavours to open pathways for a scalable model of cross-border renewable energy cooperation in Southeast Asia, which would position the region as a global leader in collaborative decarbonisation and energy transition. The formal agreement exchange ceremony between MY Energy Consortium, PTSC and Sembcorp was held on the sidelines of the ASEAN Summit in Kuala Lumpur, Malaysia, on May 26, 2025. The ceremony marked a significant step forward in operationalising the tripartite collaboration, affirming a shared commitment to advancing cross-border renewable energy trade. This milestone reflects growing momentum in the realisation of the ASEAN Power Grid, reinforcing regional cooperation towards a more resilient, sustainable and interconnected energy future. – Bernama Asean power grid Asean Summit power export renewable energy
Barnama
26-05-2025
- Business
- Barnama
Key Corporates From Malaysia, Vietnam and Singapore Announce Tripartite Industry Alliance To Advance Cross-Border Renewable Energy Supply
KUALA LUMPUR, May 26 (Bernama) -- In a landmark move for regional energy cooperation, leading energy companies from Malaysia, Singapore, and Vietnam have signed a Joint Development Agreement to explore the export of renewable electricity from Vietnam to Malaysia and Singapore. This strategic partnership highlights the growing commitment among industry leaders to advance regional power integration and accelerate decarbonisation through commercially viable solutions. Through this agreement, Malaysia as represented by MY Energy Consortium, an unincorporated consortium established by Tenaga Nasional Berhad (TNB) and Petroliam Nasional Berhad (PETRONAS), will collaborate with a consortium comprising PetroVietnam Technical Services Corporation (PTSC), a member of Vietnam National Industry – Energy Group (Petrovietnam) of Vietnam, and Sembcorp Utilities Pte Ltd, a wholly-owned subsidiary of Singapore-based Sembcorp Industries (Sembcorp). Together, the consortia will focus on unlocking Vietnam's rich renewable energy resources—particularly offshore wind power— as a source for green electron generation and to supply clean electricity across borders. This alliance reflects the growing momentum towards a regionally integrated ASEAN Power Grid.
Globe and Mail
22-05-2025
- Business
- Globe and Mail
E3 Lithium and Pure Lithium Report Results from Phase 1 of the Lithium Metal Battery Joint Development Agreement
E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), 'E3 Lithium' or the 'Company,' a leader in Canadian lithium, is pleased to announce the initial results from the battery cells manufactured under the Joint Development Agreement with Pure Lithium Corporation ("Pure Lithium'), using E3 Lithium's brines and DLE technology and Pure Lithium's innovative extraction and battery technology. As previously announced on March 13, 2025, several variations of lithium chloride concentrate that reflect specific locations along the E3 Lithium process flow sheet within the commercial facility design were used to make lithium metal anodes at Pure Lithium's Boston facility. The lithium from the E3 concentrated lithium chloride was electrodeposited as pure lithium metal onto a copper substrate, creating a complete, battery ready anode. These anodes were then assembled by Pure Lithium into batteries, and their electrochemical performance was evaluated in full cells. Notable results include: Lithium Metal Purity: The various E3 brine streams all achieved a very high purity level, > 99.9% pure lithium metal as tested by ICP-OES analysis. Cell Performance (Life Cycle): This tests for the number of charge and discharge cycles the battery achieves while retaining 80% of its capacity. All cells achieved over 500 cycles to date. Charge and Discharge Rates: This tests for the duration of a charge and discharge. These tests were conducted at a 1C:1D ratio, one hour charge time and one hour discharge time. The results of this study concluded that an easily producible version of E3's lithium concentrate provided the most cost-effective feedstock for use in Pure Lithium's batteries. It also demonstrated the robustness of Pure Lithium's process, showing no performance differences between batteries made using lithium chloride from E3's Leduc Brines, and those made from Pure Lithium's standard sources. The two companies continue to collaborate on the development and planning of an integrated process that can deliver the highest purity lithium metal anodes at the lowest possible cost. 'These results confirm that E3's lithium concentrate can produce battery-ready lithium metal anodes using Pure Lithium's technology,' said Chris Doornbos, President and CEO of E3 Lithium. "The Pure Lithium team has worked very hard in making these batteries and confirming the performance of our lithium. We are very encouraged by the results, and I am excited by the prospect of developing a local lithium battery supply chain in collaboration with Pure Lithium.' 'I am delighted to reinvent the lithium supply chain with E3 Lithium. We not only produced pure lithium metal anodes from unconventional sources of lithium using a newly invented technology but also validated their performance by cycling them in over 100 batteries. Rigorous electrochemical testing of battery materials is imperative, and to get such great results consistently, using a technology that was specifically developed to be cost effective, is truly exciting,' said Emilie Bodoin, Founder, Chairman & CEO of Pure Lithium. ON BEHALF OF THE BOARD OF DIRECTORS Chris Doornbos, President & CEO E3 Lithium Ltd. About E3 Lithium E3 Lithium is a development company with a total of 16.2 million tonnes of lithium carbonate equivalent (LCE) Measured and Indicated 1 as well as 0.9 million tonnes LCE Inferred mineral resources 2 in Alberta and 2.5 million tonnes LCE Inferred mineral resources 3 in Saskatchewan. The Clearwater Pre-Feasibility Study outlined a 1.13 Mt LCE proven and probable mineral reserve with a pre-tax NPV8% of USD 5.2 Billion with a 29.2% IRR and an after-tax NPV8% of USD 3.7 Billion with a 24.6% IRR 1. E3 Lithium's goal is to produce high purity, battery grade lithium products to power the growing electrical revolution. With a significant lithium resource and innovative technology solutions, E3 Lithium has the potential to deliver lithium to market from one of the best jurisdictions in the world. 1: The Clearwater Project NI 43-101 Pre-Feasibility Study, effective June 20, 2024, is available on the E3 Lithium's website ( and SEDAR+ ( 2: The mineral resource NI 43-101 Technical Report for the North Rocky Property, effective October 27, 2017, identified 0.9 Mt LCE (inferred) and is available on the E3 Lithium's website ( and SEDAR+ ( 3: The mineral resource NI 43-101 Technical Report for the Estevan Lithium District, effective May 23, 2024, identified 2.5 Mt LCE (inferred) and is available on the E3 Lithium's website ( and SEDAR+ ( About Pure Lithium Pure Lithium is a disruptive Boston-based lithium metal battery technology company led by inventor and lithium expert, CEO Emilie Bodoin, and world-renowned battery and metallurgical expert, MIT Emeritus Professor Donald R. Sadoway, as full-time CSO. The Company's novel Brine to Battery™ technology combines metal extraction and anode production, unlocking unconventional sources of lithium. The resulting pure lithium metal anode is the core component of our lithium metal vanadium oxide battery, a step-change improvement over today's lithium-ion technology in cell performance, cost, and safety. Additionally, the battery is free of graphite, cobalt, nickel, and manganese. For more information, visit or email news@ Forward-Looking and Cautionary Statements This news release includes certain forward-looking statements as well as management's objectives, strategies, beliefs and intentions or forward-looking information within the meaning of applicable securities laws. Forward-looking statements are frequently identified by such words as 'believe', 'may', 'will', 'plan', 'expect', 'anticipate', 'estimate', 'intend', 'project', 'potential', 'possible' and similar words referring to future events and results. Forward-looking statements are based on the current opinions, expectations, estimates and assumptions of management in light of its experience, perception of historical trends, and results of the PFS, but such statements are not guarantees of future performance. In particular, this news release contains forward-looking information relating to: the potential for delivery of lithium to market; expected timing for releasing battery cell performance results; expectations regarding results of the upcoming performance tests; timing for completion of the testing program; and the anticipated benefits of the foregoing. In preparing the forward-looking information in this news release, the Company has applied several material assumptions, including, but not limited to, that any additional financing needed will be available on reasonable terms; the exchange rates for the U.S. and Canadian currencies will be consistent with the Company's expectations; that the current exploration, development, environmental and other objectives concerning the Clearwater Project can be achieved and that its other corporate activities will proceed as expected; that the current price and demand for lithium will be sustained or will improve; that general business and economic conditions will not change in a materially adverse manner and that all necessary governmental approvals for the planned activities on the Clearwater Project will be obtained in a timely manner and on acceptable terms; the continuity of the price of lithium; that the results of the testing program will be delivered in a timely manner consistent with the Company's projected timelines; and that the results will be in line with management's expectations. All forward-looking information (including future-orientated financial information) is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the effectiveness and feasibility of emerging lithium extraction technologies which have not yet been tested or proven on a commercial scale or on the Company's brine, risks related to the availability of financing on commercially reasonable terms and the expected use of proceeds; operations and contractual obligations; changes in estimated mineral reserves or mineral resources; future prices of lithium and other metals; availability of third party contractors; availability of equipment; failure of equipment to operate as anticipated; accidents, effects of weather and other natural phenomena and other risks associated with the mineral exploration industry; the Company's lack of operating revenues; currency fluctuations; risks related to dependence on key personnel; estimates used in financial statements proving to be incorrect; risks related to the results of the testing program not being in delivered in a timely manner and/or not being in line with management's expectations; competitive risks and the availability of financing, as described in more detail in our recent securities filings available under the Company's profile on SEDAR+ at Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
Business Wire
22-05-2025
- Automotive
- Business Wire
Pure Lithium and E3 Lithium Report Results From Phase 1 of the Lithium Metal Battery Joint Development Agreement
BOSTON--(BUSINESS WIRE)--Pure Lithium Corporation, a disruptive vertically integrated lithium metal battery technology company, is pleased to announce initial results from the battery cells manufactured under the Joint Development Agreement with E3 Lithium, using E3 Lithium's brines and DLE technology and Pure Lithium's innovative extraction and battery technology. Several variations of E3's lithium chloride concentrate were used to make lithium metal anodes at Pure Lithium's Boston facility. The lithium from the E3 concentrated lithium chloride was electrodeposited as pure lithium metal onto a copper substrate, creating a complete, battery ready anode. These anodes were then assembled by Pure Lithium into batteries, and their electrochemical performance was evaluated in full cells. Notable results include: Lithium Metal Purity: The various E3 brine streams all achieved a very high purity level, > 99.9% pure lithium metal as tested by ICP-OES analysis. Cell Performance (Life Cycle): This tests for the number of charge and discharge cycles the battery achieves while retaining 80% of its capacity. All cells achieved over 500 cycles to date. Charge and Discharge Rates: This tests for the duration of a charge and discharge. These tests were conducted at a 1C:1D ratio, one hour charge time and one hour discharge time. The results of this study concluded that an easily producible version of E3's lithium concentrate provided the most cost-effective feedstock for use in Pure Lithium's batteries. It also demonstrated the robustness of Pure Lithium's process, showing no performance differences between batteries made using lithium chloride from E3's Leduc Brines, and those made from Pure Lithium's standard sources. The two companies continue to collaborate on the development and planning of an integrated process that can deliver the highest purity lithium metal anodes at the lowest possible cost. 'I am delighted to reinvent the lithium supply chain with E3 Lithium. We not only produced pure lithium metal anodes from unconventional sources of lithium using a newly invented technology but also validated their performance by cycling them in over 100 batteries. Rigorous electrochemical testing of battery materials is imperative, and to get such great results consistently, using a technology that was specifically developed to be cost effective, is truly exciting,' said Emilie Bodoin, Founder, Chairman & CEO of Pure Lithium. 'These results confirm that E3's lithium concentrate can produce battery-ready lithium metal anodes using Pure Lithium's technology,' said Chris Doornbos, President and CEO of E3 Lithium. "The Pure Lithium team has worked very hard in making these batteries and confirming the performance of our lithium. We are very encouraged by the results, and I am excited by the prospect of developing a local lithium battery supply chain in collaboration with Pure Lithium.' About Pure Lithium Pure Lithium is a disruptive Boston-based lithium metal battery technology company led by inventor and lithium expert, CEO Emilie Bodoin, and world-renowned battery and metallurgical expert, MIT Emeritus Professor Donald R. Sadoway, as full-time CSO. The Company's novel Brine to Battery™ technology combines metal extraction and anode production, unlocking unconventional sources of lithium. The resulting pure lithium metal anode is the core component of our lithium metal vanadium oxide battery, a step-change improvement over today's lithium-ion technology in cell performance, cost, and safety. Additionally, the battery is free of graphite, cobalt, nickel, and manganese. For more information, visit or email news@ About E3 Lithium E3 Lithium is a development company with a total of 16.2 million tonnes of lithium carbonate equivalent (LCE) Measured and Indicated 1 as well as 0.9 million tonnes LCE Inferred mineral resources 2 in Alberta and 2.5 million tonnes LCE Inferred mineral resources 3 in Saskatchewan. The Clearwater Pre-Feasibility Study outlined a 1.13 Mt LCE proven and probable mineral reserve with a pre-tax NPV8% of USD 5.2 Billion with a 29.2% IRR and an after-tax NPV8% of USD 3.7 Billion with a 24.6% IRR 1. E3 Lithium's goal is to produce high purity, battery grade lithium products to power the growing electrical revolution. With a significant lithium resource and innovative technology solutions, E3 Lithium has the potential to deliver lithium to market from one of the best jurisdictions in the world. 1: The Clearwater Project NI 43-101 Pre-Feasibility Study, effective June 20, 2024, is available on the E3 Lithium's website ( and SEDAR+ ( 2: The mineral resource NI 43-101 Technical Report for the North Rocky Property, effective October 27, 2017, identified 0.9 Mt LCE (inferred) and is available on the E3 Lithium's website ( and SEDAR+ ( 3: The mineral resource NI 43-101 Technical Report for the Estevan Lithium District, effective May 23, 2024, identified 2.5 Mt LCE (inferred) and is available on the E3 Lithium's website ( and SEDAR+ (
Yahoo
22-05-2025
- Automotive
- Yahoo
Pure Lithium and E3 Lithium Report Results From Phase 1 of the Lithium Metal Battery Joint Development Agreement
BOSTON, May 22, 2025--(BUSINESS WIRE)--Pure Lithium Corporation, a disruptive vertically integrated lithium metal battery technology company, is pleased to announce initial results from the battery cells manufactured under the Joint Development Agreement with E3 Lithium, using E3 Lithium's brines and DLE technology and Pure Lithium's innovative extraction and battery technology. Several variations of E3's lithium chloride concentrate were used to make lithium metal anodes at Pure Lithium's Boston facility. The lithium from the E3 concentrated lithium chloride was electrodeposited as pure lithium metal onto a copper substrate, creating a complete, battery ready anode. These anodes were then assembled by Pure Lithium into batteries, and their electrochemical performance was evaluated in full cells. Notable results include: Lithium Metal Purity: The various E3 brine streams all achieved a very high purity level, > 99.9% pure lithium metal as tested by ICP-OES analysis. Cell Performance (Life Cycle): This tests for the number of charge and discharge cycles the battery achieves while retaining 80% of its capacity. All cells achieved over 500 cycles to date. Charge and Discharge Rates: This tests for the duration of a charge and discharge. These tests were conducted at a 1C:1D ratio, one hour charge time and one hour discharge time. The results of this study concluded that an easily producible version of E3's lithium concentrate provided the most cost-effective feedstock for use in Pure Lithium's batteries. It also demonstrated the robustness of Pure Lithium's process, showing no performance differences between batteries made using lithium chloride from E3's Leduc Brines, and those made from Pure Lithium's standard sources. The two companies continue to collaborate on the development and planning of an integrated process that can deliver the highest purity lithium metal anodes at the lowest possible cost. "I am delighted to reinvent the lithium supply chain with E3 Lithium. We not only produced pure lithium metal anodes from unconventional sources of lithium using a newly invented technology but also validated their performance by cycling them in over 100 batteries. Rigorous electrochemical testing of battery materials is imperative, and to get such great results consistently, using a technology that was specifically developed to be cost effective, is truly exciting," said Emilie Bodoin, Founder, Chairman & CEO of Pure Lithium. "These results confirm that E3's lithium concentrate can produce battery-ready lithium metal anodes using Pure Lithium's technology," said Chris Doornbos, President and CEO of E3 Lithium. "The Pure Lithium team has worked very hard in making these batteries and confirming the performance of our lithium. We are very encouraged by the results, and I am excited by the prospect of developing a local lithium battery supply chain in collaboration with Pure Lithium." About Pure Lithium Pure Lithium is a disruptive Boston-based lithium metal battery technology company led by inventor and lithium expert, CEO Emilie Bodoin, and world-renowned battery and metallurgical expert, MIT Emeritus Professor Donald R. Sadoway, as full-time CSO. The Company's novel Brine to Battery™ technology combines metal extraction and anode production, unlocking unconventional sources of lithium. The resulting pure lithium metal anode is the core component of our lithium metal vanadium oxide battery, a step-change improvement over today's lithium-ion technology in cell performance, cost, and safety. Additionally, the battery is free of graphite, cobalt, nickel, and manganese. For more information, visit or email news@ About E3 Lithium E3 Lithium is a development company with a total of 16.2 million tonnes of lithium carbonate equivalent (LCE) Measured and Indicated 1 as well as 0.9 million tonnes LCE Inferred mineral resources2 in Alberta and 2.5 million tonnes LCE Inferred mineral resources3 in Saskatchewan. The Clearwater Pre-Feasibility Study outlined a 1.13 Mt LCE proven and probable mineral reserve with a pre-tax NPV8% of USD 5.2 Billion with a 29.2% IRR and an after-tax NPV8% of USD 3.7 Billion with a 24.6% IRR1. E3 Lithium's goal is to produce high purity, battery grade lithium products to power the growing electrical revolution. With a significant lithium resource and innovative technology solutions, E3 Lithium has the potential to deliver lithium to market from one of the best jurisdictions in the world. 1: The Clearwater Project NI 43-101 Pre-Feasibility Study, effective June 20, 2024, is available on the E3 Lithium's website ( and SEDAR+ ( 2: The mineral resource NI 43-101 Technical Report for the North Rocky Property, effective October 27, 2017, identified 0.9 Mt LCE (inferred) and is available on the E3 Lithium's website ( and SEDAR+ ( 3: The mineral resource NI 43-101 Technical Report for the Estevan Lithium District, effective May 23, 2024, identified 2.5 Mt LCE (inferred) and is available on the E3 Lithium's website ( and SEDAR+ ( View source version on Contacts Ross LarsenHead of Editorial, 33 CommunicationsPurelithium@
