Battery Material

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.

E-Lyte Innovations has opened a plant in Kaiserslautern for the production of electrolytes for lithium-ion and sodium-ion batteries as well as supercapacitors.

Sigma Lithium will receive nearly 90 million US dollars from the Brazilian development bank BNDES for the companyʼs second greentech plant for the production of lithium concentrate in Brazil.

StarPlus Energy has selected Lotte Energy Materials as the exclusive supplier of copper foil for the first battery factory of the Samsung SDI/Stellantis joint venture in the United States.