The two companies as part of the Joint Venture plan to invest approximately 400 million USD in the first phase from 2023 to build a large-scale joint plant in Becancour, Quebec, Canada and produce high-nickel cathode materials used in GM's electric vehicle batteries
Novel approach is based on lightweight Sheet Molding Compounds for high voltage battery module housings
Facility can potentially recycle more than 28 million lead-acid batteries over ten years and prevent 500 million kg of GHG emissions
New site will help to power North America’s transition to e-mobility and strengthen BASF’s position as a leading global cathode active materials (CAM) provider
LANXESS does not bear any investment risk but has the option to acquire resulting battery grade lithium carbonate from Standard Lithium at advantageous pricing.
The Agreement is for the supply of up to 150,000 dry metric tonnes (DMT) per annum of spodumene concentrate to Tesla
New technology significantly improved metallurgical process with increased extraction efficiency of cobalt, nickel and copper to now reach over 95% yield for a wide variety of battery chemistries
Company's CEO announced plans to raise revenue of the company’s three major new businesses in eco-friendly materials, battery materials, and new drugs by more than 10-fold from 3 trillion to 30 trillion KRW
The €300 million investment supports a fully integrated and digitalized PVDF operation and will increase capacity at Solvay's site in Tavaux, France to 35 kilotons
Recycling the batteries from end-of-life electric vehicles will produce significant quantities of strategic materials such as lithium, nickel and cobalt with a fraction of the carbon footprint of the same materials from mined sources
The program is technology agnostic and the beneficiary firm shall be free to choose suitable advanced technology
The collaboration would eliminate the use of NMP in producing the conductive-carbon slurry that forms cathodes for Li-ion batteries
Albemarle to invest in 6K and sponsor development of UniMelt system for advanced, sustainable materials production
Closure will lead to an additional impairment charge of £150 million
Faradion is one of the leading global battery technology companies and has a competitively superior, strategic, wide-reaching and extensive IP portfolio covering several aspects of sodium-ion technology
The initial investment will give Amara Raja a key foothold in the thriving European EV ecosystem
Funds will enable Battrixx to enhance its annual production capacity in phases from existing 100,000 battery packs to 700,000 by end of FY24 to meet the growing demand in electric vehicles industry and other energy storage applications
Located at the Flandres center in Dunkirk, the site has a power capacity of 61 MW and a total storage capacity of 61 megawatt hours (MWh)
The project will demonstrate solar power can be used to provide clean solar energy
The delivery includes three modular VSFX solvent extraction plants and related Dual Media Filters, and basic engineering
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