Battery Material

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.

Ascend Elements and the U.S. Department of Energy have agreed to cancel a 164-million-dollar grant for the production of cathode active material (CAM) in Kentucky.

Japanese mineral oil company Idemitsu Kosan intends to build a lithium sulfide plant for electrolytes for future solid-state batteries, first to be used in electric vehicles from Toyota.

South Korean company SK IE Technology (SKIET) has signed an agreement with battery manufacturer Gotion to supply separators for electric vehicle and energy storage batteries in North America and Europe.

Syrah Resources from Australia has signed a multi-year agreement with electric vehicle manufacturer Lucid for a US-sourced supply of natural graphite anode material, to take effect in 2026.

Rock Tech Lithium and Arcore intend to merge their subsidiaries and projects in Germany and Bosnia-Herzegovina to create an entirely integrated European lithium supply chain.

Israeli raw materials group ICL is planning to build a production facility for lithium iron phosphate (LFP) cathode material in Spain for approximately 285 million euros.