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
In view of rapidly growing demand for lithium-ion battery recycling, Li-Cycle will increase the input processing capacity of the Hub by over 40%, from 25,000 tonnes to 35,000 tonnes of black mass annually
In addition to its equity investment, a long-term supply agreement was also signed to supply LG Chem and LG Energy Solution 20,000 tons of nickel over a ten-year period starting in 2023.
The joint venture between the two companies is a strategic decision made while the U.S. government is strongly pushing for an eco-friendly mobility policy to replace 50% of new cars sold in the U.S. with EVs by 2030
The partnership’s significant scale will provide secure and cost-competitive supplies of innovative, sustainably sourced and tailored high-performance cathode materials for Volkswagen AG’s ambitious unified cell strategy
The new entity will be named BASF Automotive Catalysts and Recycling and will be headquartered in Iselin, New Jersey
The participation is aimed at expanding geographic presence in Europe and globally while addressing customer needs
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