On June 8, Shandong Fengyuan Chemical announced that its wholly-owned subsidiary Shandong Fengyuan Lithium Energy Technology would be signing an investment agreement with the government of Gejiu. Located within China’s Yunnan Province, Gejiu is a county-level city that has a large mining industry. ...  more
Lithium Battery
CNNC Hua Yuan Titanium Dioxide Plans to Acquire Controlling Stake in Zhaoqing Helin Liye Technology and Establish Battery Business |
published: 2023-06-09 9:30 |
On June 5, CNNC Hua Yuan Titanium Dioxide Co. Ltd. announced that it has entered into an agreement with all the shareholders of Zhaoqing Helin Liye Technology Co. Ltd. ...  more
HDRE, TPK, and SEEC Teamed up for Energy Storage Development |
published: 2023-06-08 9:30 |
HD Renewable Energy (HDRE), TPK Holding (TPK), and Shilin Electric and Engineering Corporation (SEEC) have teamed up as a national energy storage team, and aim to penetrate the global market. ...  more
Two More Billion-Yuan Battery Manufacturing Projects Have Landed in China |
published: 2023-06-08 9:30 |
Due to the promotion of policies related to capping and reducing carbon emissions, the global market for energy storage technologies is experiencing rapid growth. Many companies have also entered the related supply chains as they sense huge business opportunities. On May 22, Chinese battery suppliers Great Power and Zhuhai CosMX Battery announced their new battery manufacturing projects that are worth billions of yuan in investments. Both projects will be focusing on energy storage batteries. ...  more
EV Battery Prices Plummet in May, Poised for Demand Surge in June, Says TrendForce |
published: 2023-06-07 15:01 |
TrendForce reports that May proved to be a turning point in the lithium salt market, highlighting a notable surge in prices. The price of battery-grade lithium carbonate and lithium hydroxide in China skyrocketed from less than CN...  more
Ronbay Technology and EVE Establish Strategic Partnership |
published: 2023-06-07 9:30 |
Ronbay Technology announced on May 29 that it has signed a strategic cooperation agreement with EVE, thereby cementing their partnership in the Li-ion battery industry. The agreement contains three areas for collaborations: ...  more
Huayou Cobalt Completes New Lithium Salt Project in Guangxi |
published: 2023-06-06 9:30 |
On May 31, Huayou Cobalt’s wholly-own subsidiary Guangxi Huayou Lithium held a ceremony to mark the completion of a lithium salt project that has production capacity of 50,000 tons per year. The project is the Huayou Cobalt’s first business operation for manufacturing lithium salts in China. Following this event, the project will be undergoing pilot production and equipment calibration. ...  more
Youngy Group to Build Li-Ion Battery Plant in Inner Mongolia |
published: 2023-06-02 9:30 |
Youngy Group announced in late May that it has signed a letter of intent with the government of Wuhai. According to the letter, Youngy Group will set up a local base for the manufacturing of Li-ion battery cells and packs. ...  more
Battero Receives Major Order for LFP Cells from AI-BESS |
published: 2023-06-01 9:30 |
Battero Tech and AI-BESS Technology signed a cooperative framework agreement on May 25. AI-BESS is a provider of renewable energy solutions and specializes in new kinds of battery energy storage systems and emission-free power generation systems. The company has a wide range of offerings that cover portable equipment, industrial settings, commercial venues, homes, and utility. It also develops customized solutions for clients from different regions of the world. ...  more
Electrolyte Supplier F&let Begins Pilot Production at Its New Base in Anhui |
published: 2023-06-01 9:30 |
Chinese electrolyte supplier F&let said that the phase 1 of its new manufacturing base in Anhui has passed an inspection by relevant experts. Therefore, the phase 1 will be entering the pilot production phase. The phase 1 comprises a production capacity of 150,000 tons per year. ...  more