Battery Material

BASF and CATL will be expanding their collaboration in the field of cathode materials launched in 2021 from Europe to the entire world.

Canadian company Mangrove Lithium plans a refinery in North America with an annual capacity of 20,000 tons of battery-grade lithium.

South Korean battery manufacturer SK On has signed a supply agreement with EcoPro Innovation for lithium hydroxide to be used in U.S. battery plants.

South Korean battery producer SK On and materials manufacturer L&F plan to collaborate on the supply of lithium iron phosphate (LFP) cathode materials for the North American market.

Rock Tech Lithium from Canada is to supply lithium hydroxide from its intended German plant to the European cathode production of Ronbay Technology from China.

As a result of a joint venture between investment fund Al Mada and CNGR Advanced Material from China, COBCO has started producing battery components in Morocco.

Lucid Group has signed agreements with Canadian and Australian battery material companies Graphite One and Syrah Resources for the multi-year supply of natural graphite.

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.