The boom in the Li-ion battery market has caused supply to tighten for metals such as lithium, cobalt, and nickel. Hence, the major suppliers for NEV power batteries have been in a fierce competition over sources of related metal ores. On October 12, South Korea’s SK On, which is among the global leading suppliers for NEV power batteries, announced that it has signed an investment and procurement agreement with Australia’s Lake Resources, which develops and operates lithium mining projects. ...  more
SK On to Purchase 230,000 Tons of Lithium from Lake Resources |
published: 2022-11-03 9:30 |