Under the JDA, the companies will co-develop a process with reduced by-products for commercial production of next-generation cathode active materials
Both partners have committed KRW500 billion (approx. $403 million) toward the initiative by 2025
The joint venture will produce precursors using not only metals produced and supplied by KEMCO, but also recycled metals extracted from waste scrap and waste batteries
This industrial project will support the development of the European battery value chain and participate in the global need for carbon-neutral mobility.
Company has also begun to consider production and sales of graphite anode materials in US and Europe
Johnson Matthey will also receive a minority equity stake in EV Metals Group
The two parties will work together to develop and manufacture anode, cathode, and solid electrolyte materials that meet ProLogium's specifications for its proprietary solid state battery technology
Under the newly-established relationship, Trafigura plans to supply lithium feedstock required for the planned UK-based refinery and invest equity in Green Lithium’s development phase funding round
The association is aimed at facilitating a feasibility study and identification of potential partner for the manufacturing of Li-ion advance cells in India
South 8 will leverage the funding to accelerate the commercialization of its patented Liquefied Gas Electrolyte (LiGas) technology for high-performance batteries for electric vehicle, grid storage, aerospace, and defense applications
Umicore will supply ACC’s future large-scale European battery plants with next-generation high nickel cathode materials out of its greenfield production plant in Nysa, Poland
Through these initiatives, the two companies aim both to efficiently collect and reuse cathode materials and other battery materials without oxidization or degradation and to reduce CO2 emissions and costs
Companies will work on nickel mining and processing, EV battery materials, EV battery manufacturing, and battery recycling
The focus of this collaboration would be on producing the lowest carbon footprint of manufacturing cathode precursors and will look to convert them to cathode active materials in India as well
Partnership will utilize cells with industry leading safety, higher energy density than LFP, faster charging, and longer life cycle based on C4V’s patented technology
The project’s commercial operations are expected to start in the third calendar quarter of 2023
Commercial operation of the facility in Hilchenbach is scheduled to begin in the second quarter of 2022
The plant is expected to be completed in the first half of 2024 with an annual production capacity of 25,000 tons of lithium hydroxide
European Commission's investigation concluded that Hungarian financial grant is in line with EU State aid rules
Eramet has decided to launch industrialization studies in early 2022 to develop an integrated recycling solution covering the entire value chain from the dismantling of batteries to the production of nickel, cobalt and lithium salts suitable for the manufacture of new batteries.
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