Vocab: Why Bigoil Is Wading Into Lithium Flashcards
Unapologetically
In a manner that does not express regret
Wedded
Strongly committed to
Joint venture
A business arrangement in which two or more parties (companies) agree to pool their resources to accomplish a specific task. They both contribute assets, capital or expertise, and both share profits and losses.
Conglomerate
A large corporation that owns and controls multiple businesses across different industries
Brine
Brine is a solution of salt dissolved in water, in an industrial context, brine can refer to highly salty water used in processes like de-icing roads or in chemical production
Crude
Usually refers to unrefined crude oil, the raw petroleum extracted from the ground before processing
Tedious
Something that is boring, monitonous or repetitiveand often feels like it takes a long time to complete
Of ore
Refers to activities, products or processes related to the mining, processing or sale of ore
Valuations
Refers to the process of determining the worth or value of an asset, company or investment
Can involve assessing financial performance, market conditions and potential for future growth
A capital investive venture
Refers to a business or a project where capital is invested with the aim of generating returns. It involves funding a new or growing interprise to support its development and operations in hopes of achieving profit or growth
Dabbled
To take part in an activity in a casual or superficial way, often without deep commitment.
Embargo
A government imposed restriction or prohibition on trade or other economic activity with a particular country or group. Often used as a political or economic measure to pressure or punish the targeted nation.
Embargo
A government imposed restriction or prohibition on trade or other economic activity with a particular country or group. Often used as a political or economic measure to pressure or punish the targeted nation.
