Battery Material

Rio Tinto expects a supply deficit in 2030 and is therefore expanding its presence in Chilean lithium production with two new projects.

United States battery materials company Ascend Elements is to receive funding of up to 320 million US dollars for a cathode precursor materials (pCAM) production plant in Poland.

Chinese technology company Horizon and German thin-film specialist Leonhard Kurz have founded Horizon-Kurz New Material Technology GmbH which is based in Fürth, Germany.

Altech Advanced Materials has commissioned its pilot plant in Saxony and has already produced the first batches of the innovative silumina anode material.

U.S.-based battery developer Sila has started the ramp-up of its anode plant in the state of Washington. Regular operation is planned for 2025.

Vianode has received a loan commitment of 37.6 million US dollars from Norwayʼs state funding agency to expand research and development activities as well as production infrastructure.

SK ie Technology Co. (SKIET) has begun supplying separator film for battery cells to LG Energy Solution in North America. The contract is worth around 75.7 million US dollars.

In the Finnish city of Kotka, construction of a cathode material plant by Easpring Finland New Materials Oy has begun. It is scheduled to start production in 2027.

LG Chem is set to launch mass production of its precursor-free cathode materials – under the name LG Precursor Free (LPF) – in the first half of the year 2025.

Shanghai Putailai (PTL) has canceled its plans for the construction of a 1.3-billion-dollar anode factory with an annual capacity of 100,000 tons in Sweden.