Various businesses, in the midst of the increasing demand for lithium-ion batteries, are hoping to grasp on the “platinum” supply chain in the new era. Green Lithium will be constructing the first large lithium refinery in England that aims to attain an annual capacity of 50K tons. ...  more

Due to the boom in the market for energy storage technologies, the competition in the market segment for Na-ion batteries is also heating up and attracting investors that are not established participants in the battery industry. ...  more

As the Chinese industry for Li-ion NEV power batteries continues to grow, the demand for high-purity manganese(II) sulfate is also expected to rise significantly over the next few years. In view of the positive market outlook for manganese-related products, many Chinese chemical and material companies have hastened to expand related manufacturing capacity. ...  more

The market for energy storage technologies have been expanding rapidly in scale during recent years. Hence, many battery suppliers including CATL, CALB, and Sunwoda have been aggressively building up production capacity for energy storage batteries and energy storage systems. The boom of the market has also attracted companies operating in other sectors, and they have made massive investments in order to establish themselves as new but strong entrants. ...  more

Lithium carbonate is an essential upstream material for the production of Li-ion batteries, and its price has repeatedly climbed to a new high in the recent period owing to the boom in the NEV market. Within the market for lithium carbonate, suppliers are accelerating the pace of their capacity expansion activities in order to meet the growing demand. ...  more

Chinese battery manufacturers have been aggressively adding production capacity outside their home country in recent years as they want to take advantage of the global trend of vehicle electrification. ...  more

Plyontech, Chinese manufacturer for batteries and energy storge systems, held a ceremony in the Feixi Economic Development Zone on October 13 to celebrate the groundbreaking of a battery manufacturing base. ...  more

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

On October 13, Tianyuan Group held a ceremony to celebrate the start of construction for its LFP cathode project in Yibin, a city in China’s Sichuan Province. ...  more

Major Chinese battery supplier EVE continues to undertake huge capacity expansion and investment projects. On September, it released three separate announcements revealing that it has injected capital into BTR, acquired a stake in Rifu Lithium Industry, and signed agreements to build a manufacturing base in Shenyang. ...  more