Battery Material

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.

CNGR Advanced Material from China intends to build a battery precursor materials plant in Indonesia for ten billion US dollars and is currently looking for a 5,000-hectare area.

US-based FREYR Battery has received a funding commitment of 122 million euros from the EU for a potential project to manufacture LFP cathode active materials in Finland.

Battery materials manufacturer Vianode has opened Via ONE as its first commercial-scale production facility for synthetic anode graphite at its Herøya site in Norway.

Rio Tinto has formally announced the acquisition of Arcadium Lithium for 5.85 US dollars per share in an all-cash transaction, which represents a total value of 6.7 billion dollars.

British mining and metals group Rio Tinto is planning to acquire lithium producer Arcadium which could be valued at four to six billion US dollars.

OCSiAl from Luxembourg has opened a plant in Serbia to produce 3,000 tons of single-walled carbon nanotubes annually for ProLogiumʼs lithium ceramic batteries.

LG Chem will supply cathode material to the Japanese plant of Toyota and Panasonicʼs “Prime Planet Energy & Solutions” joint venture from 2026.

AMG Critical Materials has commissioned a new refinery in Saxony-Anhalt, Germany. In the first of five modules, the AMG Lithium subsidiary is starting production of lithium hydroxide to supply the European battery industry.

US-based battery material manufacturer Group14 Technologies has started supplying its SCC55 anode material from a new production facility in South Korea.