News

Portuguese company Lifthium Energy will be receiving 180 million euros in government funding to build a refinery for the production of battery-grade lithium.

Chinese battery manufacturer CATL is to be supplied with three million tons of LFP cathode material by Ronbay between 2026 and 2031. Meanwhile, the record contract value caused a stir.

US-based Cabot Corporation will supply Volkswagenʼs battery subsidiary PowerCo with conductive carbon products and dispersions for lithium-ion battery electrodes.

Battery material manufacturer POSCO Future M has entered into a joint venture with Chinaʼs CNGR and its South Korean subsidiary FINO for the production of LFP cathode materials.

South Korean battery material manufacturer L&F has revised the value of a supply contract with Tesla announced in 2023 from nearly three billion to just 7,386 US dollars.

Australian company Vulcan Energy Resources has secured total financing of around 2.2 billion euros for its Lionheart project to gain lithium from the Upper Rhine Graben in Germany.

EcoPro from South Korea has opened a 440,000-square-meter plant in Hungary to produce cathode material for around 600,000 electric vehicle batteries per year.

Vianode from Norway is set to supply C4V from the United States with synthetic anode graphite for stationary battery storage in North America from 2026.

South Korean company LG Chem has signed a 2.57-billion-dollar supply contract with an undisclosed customer from the United States, running from November 2025 to July 2029.

Asahi Kasei from Japan has licensed its new electrolyte technology to EAS Batteries from Germany for the market launch of an ultra-high-performance cell.

Sinopec from China and LG Chem from South Korea have agreed upon collaborating on research and production of cathode and anode materials for sodium-ion batteries.