The two companies have decided to collaborate in a business of recovering lithium, nickel, cobalt, manganese, and other cathode materials from used batteries
This future facility would combine the production of precursor and cathode materials and thereby complete the missing link in Canada’s battery value chain from natural resources to electric mobility
The facility will be equipped with advanced laboratories and testing infrastructure for material research, prototyping, product life cycle analysis, and proof of concept demonstration
The Kokkola refinery will be located at the Kokkola industrial park in Finland
SK On aims to strengthen its nickel supply chain with major battery material companies locally and abroad.
The new plant in Clarksville, Tennessee will be the largest of its kind in the United States, covering 420 acres with a production target of 120,000 tons of cathode material annually by 2027 to power batteries in 1.2 million pure electric vehicles with a range of 310 miles (500 km) per charge
The target is to supply 300,000 battery packs and chargers in the next financial year based on Hero Electric’s projections
When complete, the facility will produce 50,000 tons of lithium hydroxide per year
LGES aims to strengthen its local supply chain for key battery raw materials through strategic partnerships with major suppliers, as well as to secure metals and metal refineries in North America and from FTA countries with U.S
Based on their agreements, BASF and G-Philos plan to strengthen their commitment to the market for long-duration energy storage and climate-friendly hydrogen in South Korea and the Asia region
Net consideration for the acquisition was C$10.25 million
The plant has a designed annual conversion capacity of up to 25,000 metric tons LCE.
The world-class production facility will immediately begin supplying Natron with materials to produce up to 600 MW battery capacity annually
SK On to receive battery-grade lithium for a maximum 10 years after acquiring 10 percent stake in Lake Resources
Whilst the volume of materials for refining will be small to begin with, JM has sufficient capacity and ability to scale up its facilities to meet the demand expected over the coming years
Through the cooperation, LG Chem and Yonsei will conduct joint research through the establishment of an industry-academia cooperation center for battery materials to preemptively secure next-generation technology
MOU with Australian firm includes comprehensive cooperation in lithium supply, joint investment and development of downstream lithium assets
The first phase of the facility is expected to be operational by the end of 2024
The new unit will assess the industrial feasibility of the materials used in the manufacturing process of generation 4 batteries, or so-called “solid state” batteries
The commissioning of this site marks a new step in the development of TotalEnergies' battery energy storage capabilities.
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