Battery Material

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.

Munich-based WACKER has developed a gap filler for electric vehicle (EV) power electronics that retains its thermal conductivity at extreme temperatures.

Norwegian battery material manufacturer Vianode has begun construction of a large-scale, multi-billion-dollar plant for the production of synthetic graphite in Canada.

Due to the current market situation, General Motors (GM) and POSCO Chemical have indefinitely suspended the second construction phase of the „Ultium CAM“ project in Canada.