Battery Material

Volkswagen and its subsidiary PowerCo have entered into a partnership with Canadian lithium company Patriot Battery Metals for long-term supply contracts.

Portuguese energy company Galp has abandoned its Aurora project intended to build a lithium conversion plant, which was launched in 2021.

SK On will be supplied with up to 15,000 tons of lithium hydroxide by POSCO Pilbara Lithium Solution for at least three years. The agreement can be extended for a further 36 months.

Australian battery materials manufacturer NOVONIX has signed an agreement with PowerCo SE. The contract covers the supply of a minimum of 32,000 tonnes of synthetic graphite material.

LG Chem intends to purchase up to 100,000 tonnes of lithium carbonate from ExxonMobil over several years for use in a planned cathode production facility in Tennessee.

Asahi Kasei Battery Separator Corporation has started construction of a factory for separators of lithium-ion batteries in the Canadian province of Ontario. The facility is scheduled to go into operation in 2027.

Echion and CBMM have commissioned the worldʼs largest plant for the production of niobium-based battery anode material in Brazil with an annual capacity of 2,000 tons.

Vulcan Energy has commissioned its Central Lithium Electrolysis Optimization Plant in Germany. The pilot plant will be the first in Europe to manufacture sustainable lithium hydroxide.

Australian battery material manufacturer NOVONIX will supply Stellantis with a total of at least 86,250 tons of synthetic graphite for six years from 2026.

Belgian metal recycler Umicore will be suspending the construction of a battery materials plant in Canada as part of a review of the companyʼs operations.